Fundera

MARCH 27, 2018

Yes, it’s a huge decision—but when you pull the trigger on buying an existing business, you get the opportunity to become an entrepreneur without starting completely from scratch. And lots of people consider purchasing an existing business each year, so you certainly shouldn’t feel like you’re thinking about something totally out of left field! Every year, more than 500,000 businesses change hands , and that number is expected to skyrocket in the next several years as millions of baby boomers be

Credit and Collections 104

Credit and Collections Credit Scoring Transactions Small Businesses 104

Fundera

MARCH 28, 2018

You probably know how important your credit score is when you’re applying for a small business loan. But with all of the surprising ways you can damage your credit, that number might come as a surprise when it pops up on your application. Still, as a small business owner, it’s crucial to keep your personal credit score as high as possible. Whether you need to replenish your inventory, do a major renovation, update your equipment, or simply have access to a source of working capital, it’s very li

Small Businesses 88

Small Businesses Credit Scoring Default Credit and Collections 88

Fundera

MARCH 29, 2018

When you’re a small business owner looking for money, you usually look to two common avenues for funding: business loans vs. personal loans. And both of these options can work, whether you’re trying to take on a new project, bolster inventory, or make your invoices liquid. Especially for new business owners, whose options for small business loans might be fewer, there’s a lot to think about when debating which of these two financing options is right for your specific business.

Small Businesses 80

Small Businesses Credit Scoring Medical Billing Default 80

Fundera

MARCH 30, 2018

We’re sure we don’t have to remind you… but in case you’ve been willfully ignoring it, Tax Day is almost here. You’re getting down to the wire to file your business taxes , and your tax professional has likely been hounding you to get your books into shape. ( Yes , you say. I know , you say.). If you’ve been procrastinating about your business taxes , it’s seriously time to buckle down and get to work.

Small Businesses 76

Small Businesses Deductions Credit and Collections Transactions 76

Fundera

MARCH 28, 2018

The way that you start and end your work day can affect your productivity and your overall performance at the office. Both entrepreneurs and busy professionals can benefit from establishing an intentional schedule for their morning and end of work routines. Being mindful of your work habits can help you assess how you are spending your time and allow you to identify opportunities for improvement.

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Fundera

MARCH 26, 2018

Practically no one would call the process of getting a small business loan “simple.” You’ll have to meet a ton of different business loan requirements , which change depending on the loan product you want. And among those fluctuating factors might be a minimum credit score for loan eligibility. Or, maybe not. It has to do a lot with your situation and what exactly you’re after.

Credit Scoring 71

Credit Scoring Credit and Collections Accounts Receivable (AR) Small Businesses 71

Fundera

MARCH 26, 2018

We all have a favorite personal bank—perhaps the one you grew up using or wherever you had your first bank account. But when you need to choose the best business checking account for your LLC, pure loyalty simply isn’t enough. There’s actually a lot that goes into this decision, since where you set up your business bank account for the LLC you’ve just established could affect your business operations.

Transactions 70

Transactions Small Businesses Credit Scoring 70

Fundera

MARCH 30, 2018

On those days when you look up and realize you’re out of office supplies, cleaning gear, and you need to stock up for the company’s annual picnic, where do you head? If it’s Walmart, then you might be considering the Walmart Business Credit Card. That makes a lot of sense! It seems logical that using Walmart’s store credit card as a frequent shopper can help you.

Transactions 50

Transactions Small Businesses 50

Fundera

MARCH 28, 2018

Running a business requires some taste for risk. Sure, all small business owners know that there’s never a guarantee that a venture will succeed, and most are ready for that possibility, as unsavory as it is. But few business owners anticipate getting sued—even though it’s a reality for many. Unfortunately, when a small business owner gets involved in a lawsuit, the financial impact can be devastating.

Small Businesses 72

Small Businesses Medical Billing 72