if you have a running business, then you know that the road to success is not smooth. difficulties in the form of financial constraints surface every now and then. these financial obstacles can hamper with the running capital of your business and can also affect your personal … [read more...]
best practices that every business owners should consider when offering credit
every so often, business owners face a difficult time in determining who and when to offer credit services. inadequate payments often lead to underperformance of the businesses and, ultimately, closure of the enterprise. every business venture needs a steady flow of money to … [read more...]
how credit scores affect business loans
when it comes to business, much of it is personal - especially when it comes to business loans. if you are looking for a business loan, lenders will consider your personal credit score. business owners often wonder why their personal credit history is considered over … [read more...]
the importance of debt recovery
debt recovery is an important aspect that affects your credit score. it happens when loans like personal loans and credit card balances continuously remain unpaid, and a creditor hires the services of a third-party collecting company to acquire the money. if a debt recovery … [read more...]
why are business credit reports important?
your company credit information plays a significant role in many aspects of your business – whether you are applying for a loan, dealing with another company or competing in a tender process, the credit score on your report will be of great importance, amongst other … [read more...]