Your business might be silently undermining your personal credit score, and you might not even notice it. An astonishing 73% of small business owners lack knowledge of how their business credit decisions impact their personal finances, potentially resulting in significant expenses in elevated borrowing costs and denied personal loans.So, does a bus
Is Your Business Line of Credit Hurting Your Personal Credit? What Lenders Won’t Disclose
Your business might be silently undermining your personal credit score, and you might not even notice it. An astonishing three-quarters of small business owners lack knowledge of how their business credit decisions impact their personal finances, potentially leading to massive losses in higher interest rates and denied personal loans.So, does a bus
What Happens If You Default On An Unsecured Business Loan: 5 Legal Strategies Small Business Owners Often Ignore
Entrepreneurs face immense challenges, and failing to repay an unsecured business loan can feel like a devastating blow. Surprisingly, 60% of small business owners who default on unsecured loans risk bankruptcy within one and a half years. Yet, many remain unaware of five legal strategies that could protect their economic stability. This comprehens
Tips to Achieve Approval for a Business Loan: Avoid the 70% Rejection Rate
More than 70% of small business loan applications encounter rejection, often because applicants fail to grasp what financial institutions actually require. The gap between success and rejection frequently hinges on preparation, not just the viability of your business. Let’s dive into how to secure a commercial loan and evade joining the alarming
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You'll be able to obtain your paycheck by opening a checking account with B9 and establishing payroll direct deposit with all your employer.Limit really hard inquiries: Really hard inquiries happen whenever a lender checks your credit for your loan or credit card application. These can decrease your credit score, so only apply for credit when impo