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Check out our Recent Articles

Deciphering Small Business Credit Reports

Small Business Credit Reports And How They Work A business credit score is a mathematical model that is used to depict a business’s risk of defaulting on an account within the next 12 months.  Business credit scores reflect the likelihood that a customer will pay the merchant back as agreed. Merchants use business credit scores to help them make decisions as to who to lend money to and at what interest rate and terms. Business credit scores are very different from personal credit scores, for many reasons. Firstly, a business credit score reflects the business’s likelihood of defaulting on

5 Things to Consider When Using Business Credit Cards for Personal Use

Typically, most people will tell you to avoid using Business Credit Cards for Personal use, but who wants to be typical? You can and should use Business Credit Cards for personal use just as long as you take into consideration these 5 things 1. Do Not Comingle Business and Personal funds. You’ve got to keep ‘em separated. Many business owners make this simple mistake. They use the business credit cards for groceries or the personal credit cards to buy office supplies. Add to the mix that most people don’t keep their receipts and you’ve got a real mess on

Accounts Receivable Financing and Purchase Order for Individuals with Bad Credit

We have gone through 5 different business loans you can use with bad personal credit. Including Revenue-Based Lending, Merchant Cash Advances, 401K financing, and more. The last 2 types of small business loans that may work for you are Purchase Order and Accounts Receivable Financing. Accounts Receivable Financing Most major companies including Fortune 500 companies utilize some form of Accounts Receivable (AR) financing. But you don’t have to be a Fortune 500 company to access this funding program. You can get AR financing even with bad personal credit. With AR financing, you use the receivables you have with other

401K Financing and Securities-Based Financing for Individuals with Bad Credit

We’ve gone through Revenue-Based Lending and Merchant Cash Advances, but that may not be the right type of business loans for you. Maybe you have a 401K or a Security Based Asset? See how you can use both to obtain a business loan. 401K Financing If you have a 401K, you may qualify for 401K financing. This is financing that you can obtain where you use your 401K as collateral. You can borrow as much as 100% of the value of your 401K and in some cases up to 200%. And approvals are not based off of your personal

Merchant Cash Advances for Individuals with Bad Credit

Yesterday we talked about 2 types of loans you could use Revenue-Based Lending and Revenue-Based Credit Lines. Check out Part 1 here. But what if those aren’t available for your business. Well here is another way to get cashflow and have bad credit. Merchant Cash Advances. . . Merchant Cash Advances Most business owners are not familiar with Merchant Cash Advances. Merchant Cash Advances leverage your positive credit card processing history to get you approved, and not your personal credit scores. This is a great benefit to those who don’t have good personal credit to qualify for traditional lending.

Revenue-Based Lending and Revenue-Based Credit Lines for Individuals with Bad Credit

When bad credit has you down and the banks won’t lend to your business, then it’s time to think outside the bank. The banks don’t want you to learn about the hundreds of thousands of dollars available to your business right now- even if you have bad credit. You only need to know where to look. I’ve helped hundreds of clients find money when they thought they were completely out of options. I’ve put together a list of the seven best small business loans for folks with bad credit. I’ve separated the 7 small business loans into four parts.

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Deciphering Small Business Credit Reports

Small Business Credit Reports And How They Work A business credit score is a mathematical model that is used to depict a business’s risk of defaulting on an account within the next 12 months.  Business credit scores reflect the likelihood that a customer will pay the merchant back as agreed. Merchants use business credit scores to help them make decisions as to who to lend money to and at what interest rate and terms. Business credit scores are very different from personal credit scores, for many reasons. Firstly, a business credit score reflects the business’s likelihood of defaulting on

5 Things to Consider When Using Business Credit Cards for Personal Use

Typically, most people will tell you to avoid using Business Credit Cards for Personal use, but who wants to be typical? You can and should use Business Credit Cards for personal use just as long as you take into consideration these 5 things 1. Do Not Comingle Business and Personal funds. You’ve got to keep ‘em separated. Many business owners make this simple mistake. They use the business credit cards for groceries or the personal credit cards to buy office supplies. Add to the mix that most people don’t keep their receipts and you’ve got a real mess on

Accounts Receivable Financing and Purchase Order for Individuals with Bad Credit

We have gone through 5 different business loans you can use with bad personal credit. Including Revenue-Based Lending, Merchant Cash Advances, 401K financing, and more. The last 2 types of small business loans that may work for you are Purchase Order and Accounts Receivable Financing. Accounts Receivable Financing Most major companies including Fortune 500 companies utilize some form of Accounts Receivable (AR) financing. But you don’t have to be a Fortune 500 company to access this funding program. You can get AR financing even with bad personal credit. With AR financing, you use the receivables you have with other

401K Financing and Securities-Based Financing for Individuals with Bad Credit

We’ve gone through Revenue-Based Lending and Merchant Cash Advances, but that may not be the right type of business loans for you. Maybe you have a 401K or a Security Based Asset? See how you can use both to obtain a business loan. 401K Financing If you have a 401K, you may qualify for 401K financing. This is financing that you can obtain where you use your 401K as collateral. You can borrow as much as 100% of the value of your 401K and in some cases up to 200%. And approvals are not based off of your personal

Merchant Cash Advances for Individuals with Bad Credit

Yesterday we talked about 2 types of loans you could use Revenue-Based Lending and Revenue-Based Credit Lines. Check out Part 1 here. But what if those aren’t available for your business. Well here is another way to get cashflow and have bad credit. Merchant Cash Advances. . . Merchant Cash Advances Most business owners are not familiar with Merchant Cash Advances. Merchant Cash Advances leverage your positive credit card processing history to get you approved, and not your personal credit scores. This is a great benefit to those who don’t have good personal credit to qualify for traditional lending.

Revenue-Based Lending and Revenue-Based Credit Lines for Individuals with Bad Credit

When bad credit has you down and the banks won’t lend to your business, then it’s time to think outside the bank. The banks don’t want you to learn about the hundreds of thousands of dollars available to your business right now- even if you have bad credit. You only need to know where to look. I’ve helped hundreds of clients find money when they thought they were completely out of options. I’ve put together a list of the seven best small business loans for folks with bad credit. I’ve separated the 7 small business loans into four parts.

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