9 Features To Choose From When Comparing Business Credit Cards
When you are issued a business card, you could be forgiven to think for a moment that you have “made it”. Let’s just forget about how to get one approved for yourself and assume that every lender is courting you with their rewards and freebies. How then do you choose which one to reserve a spot for…
7 Crucial Items Evaluated For Company Loan Applications
As you can expect, instead of conducting their own audit on your accounts, lenders focus their attention span on just a few critical items from a company’s financial statements when assessing a business loan application. Whether your request for funds get an approval or immediately rejection is more often than not, dependent on one (if not all)…
How Lenders Assess Bank Statements For Business Loans
There is no standard credit criteria that is applicable for all companies trying to get a business loan. Different lenders will have their own guidelines passed down to their analysts. Even different companies can go through different sets of guidelines when they are at the same lender. The differentiating factor that groups applicants to different categories, thus…
Why Use Business Loans Instead Of Personal Loans For Business
If you are planning to start your own business or setup a home office, it is imperative that you would be in requirement of funding. It would be nice to have a reserve of personal funds that can be used for commencing a business. But for many people, required capital needed to for these activities have to…