Thu.Jul 25, 2024

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Navigating Business Licensing Requirements in Multiple States

biz2credit

A business license is a certificate or permit that a governing entity (like a state or association) requires businesses to have to conduct business. They allow a company to operate in a specific area and signal that the business is safe for the public. Each state has its own set of regulations, fee structures, and … Continue reading "Navigating Business Licensing Requirements in Multiple States" The post Navigating Business Licensing Requirements in Multiple States published first on.

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Small Business Owners Depend on Access to Capital But Struggle to Find Ideal Solution, Study Finds.

Lendio

LEHI, Utah–July 25, 2024–Today, Lendio released its inaugural State of SMB Lending report. In the survey of over 1000 small business owners, 68% of small businesses say access to financing is the most important factor in the growth of their businesses. While respondents expressed confidence in their ability to access capital, they said the loan amount and term often fall below their expectations.

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Business line of credit vs. loan: Which financing option is right for you?

Credibly

Table of Contents Understanding a business line of credit Understanding business loans The differences between a business line of credit and a loan Business line of credit vs business loan: How to choose what’s right for your business Pros and cons of business lines of credit and business loans Where to get business lines of credit and loans FAQs about business lines of credit and business loans A lack of funding can block ambitious growth for small businesses.

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Implementing BigCommerce Customer Groups: Best Practices

Grit

One powerful tool that BigCommerce offers to help achieve this is the Customer Groups feature. This feature allows businesses to segment their customers into distinct groups based on various criteria, enabling personalized interactions, targeted marketing, and optimized pricing strategies. By leveraging BigCommerce Customer Groups , you can enhance customer satisfaction, improve loyalty, and drive sales growth.

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The Role of AI in Cash Application

Gaviti

Artificial intelligence is now an integral part of what makes accounts receivable software work and cash application solutions in particular. A/R departments often turn to cash application software at a point when they see a need to replace manual processes with automated ones and realize they are using their talent to complete mundane tasks or spending valuable resources on identifying manual errors that result in payment processing delays.

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$85M civil forfeiture includes art by Basquiat, Van Gogh, and Picasso

Due

The Justice Department has reported the largest ever civil forfeiture recouped in history at $85m. The government regulator was investigating Malaysia’s sovereign investment development fund. Known as 1Malaysia Development Berhad (1MDB), the Justice Department has now reached an agreement with the company’s former general counsel, “Jasmine” Loo Ai Swan (Loo).

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Can I Get a Mortgage with a 600 Credit Score?

CreditStrong for Business

Despite being a below-average credit score, prospective home buyers with 600 credit scores may qualify for home mortgage loans. Borrowers with a lower credit score may not qualify for conventional loans, but loan options exist for people with a steady income and a reasonable credit history. Credit scores range from 300 to 850. The typical minimum credit score requirement is roughly 580 through FHA mortgage lenders and other various home loan programs.

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Deciphering Bitcoin: Risky asset or misunderstood hedge?

Due

Bitcoin, the pioneer of decentralized digital currencies, has been at the center of heated debates and discussions since its birth in 2009. Its unpredictable nature, combined with the allure of high returns, has sparked a wide array of opinions. Some hail it as a groundbreaking financial instrument, while others dismiss it as a risky and unstable asset.

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Technology in credit management: 6 key learnings from 2024 

Onguard

Earlier in 2024, we surveyed 300+ CFOs and financial professionals in the Netherlands to study how they view current technology trends and their impact on the finance sector. The research findings were shared in four different whitepapers, entitled the FinTech Baropapers. Let’s sneak a peek at the key takeaways: #1 AI the leader in technology trends Although finance professionals see a major influence of big data (36%) and IoT (23%) on the financial process, they find AI (45%) the technology wit

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How Passive Income Works: Hard Work Now, Freedom Later

Due

Have you ever dreamed of earning money while hiking, on vacation, or even when you’re asleep? With a passive income , you can make that a reality. It’s important to remember that passive income isn’t a quick fix. To create a passive income stream, you typically need to invest some upfront time and effort; some require ongoing maintenance or management.

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What Credit Score is Needed to Buy a House with No Money Down?

CreditStrong for Business

To get approval for a no money down mortgage, you should aim to have a score of 640 or better. While there are options for those with lower credit scores, the higher your score, the better the interest rate. And if you don’t meet the qualifications for a no money down mortgage, there are some alternative low-money down loan options available as well.