Business Credit

According to pre-pandemic data published by Federal Reserve Banks, 85% of small business applicants who sought funding in the past year applied for a loan or line of credit.1 However, there are many more sources of capital available to help…

When you’re in the very earliest stages of your entrepreneurial journey, one of the first things you’ll need to figure out is how your business will be funded. While venture capital and equity financing is an option for some startup…

Data security is always a top priority, both for sensitive business information and personal details. That’s why it’s always a good idea to make sure any software product, company or platform that uses sensitive information is reputable and trustworthy before…

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…