Business Credit

On March 11, 2021, the American Rescue Plan Act advanced emergency COVID-19 relief programs and assistance for individuals and small businesses across the country. These benefits include another round of direct payments for millions of Americans and their families, as…

Without a sizable savings account balance and/or reliable monthly revenue, most small businesses need some sort of funding to operate successfully. According to recent reports, roughly 75% of all small business funding comes from small business loans, business credit cards…

Article Summary: HVAC contractors, like most small businesses, often rely on borrowed capital to fuel growth, increase ROI, and fund other business initiatives. Depending upon the size of your business, the length of your track record, your business’ annual revenues,…

  Article Summary: Because your personal credit score will likely be a part of any business creditworthiness evaluation, we’ve recently been talking about ways to maximize your FICO score. We’ve talked about managing credit delinquencies as well as managing your…

Article Summary: After controlling delinquencies, the next step to building a powerful FICO score is to manage your revolving credit usage—or the amount of credit you use when compared to the amount of credit you have available. For most small…

Article Summary: Most small business owners don't start a business because they are excited about small business accounting, yet they need to understand some of the basics and recognize some of the common small business accounting pitfalls and how to…

Article Summary: The most important part of building and maintaining a healthy FICO score is to stay current on your mortgage, any auto loans, credit cards, or other personal debt you may have. Nevertheless, managing delinquencies is possible to minimize…

Article Summary: Are you prepared for your business loan application? In addition to the documents you'll need to apply for a small business loan, there are some other things you'll want to do before you start looking for a loan.The…

Article Summary: Answering the question, "Does a business loan make sense for my business?" really requires that you answer a few more questions first.With that in mind, here are four questions you should ask before you start looking for a small…