Archive for building business credit

Small business owners have some overwhelmingly favorable data on their side. Small businesses represent the vast majority of all businesses in operation, and the small business sector is responsible for nearly all new job creation. Yet, even with these two powerful facts, the small business sector constantly struggles with obtaining adequate credit lines.

The following statistics

Are you getting ready to start a business? One of the first steps you must take is to get your personal credit in order. Improving your personal credit score puts you on the road to establishing good business credit habits.

If you are a new business owner without a business credit history, some companies will consider

Jul
22

Small Business Credit – Where is It?

Posted by: DavidGass | Comments Comments Off
If you haven’t heard - small business lenders are dropping left and right. CIT Group (CIT, Fortune 500) has been the highest profile case, avoiding bankruptcy with bondholders securing a last-minute band aid for the company on Monday with $3 billion. JPMorgan Chase (JPM, Fortune 500) revealed last week that the value of non-performing loans in [...]