SBA blog

There is little question that small businesses drive America’s economic growth, and capital is often key in providing the fuel for that growth.

Do you reject financial forecasting because it’s going to be wrong, or it’s too hard to do? Do you think it takes an MBA or CPA to do right?

As a business owner, it’s crucial to improve your company’s ability to acquire credit and funding. A business credit file is every bit as important as your personal credit file.

If you plan to take out a loan for your business, buy equipment, open a business credit card – just about anything that requires borrowing money – having business credit is essential.

"Did you know business credit can be just as important as having personal credit? It’s essential for small businesses to get credit so they can have access to the financing needed to cover any unforeseen expenses, manage cash flow and grow.

The funding strategy a business selects is something unique to each company and needs to be precise. Before an owner sets out and applies for financing, he or she needs to know what options are available and what direction should be taken.

Did you know a business credit profile plays a direct role in a company’s ability to obtain credit that it can use to purchase products or services?

Access to cash via a line of credit is an important safety net for a small business. Although there are various types of credit lines available, it is the flexibility it provides that makes it so popular among small business owners.

Let me start off by telling you that it’s not easy to evaluate newer franchise opportunities. But there are ways to get the information you need to make an educated decision on whether to move forward with the franchise you’ve chosen.

One of the first steps to identifying any issues on your credit report is becoming aware of the information being reported as fast as possible.