Obtaining a small business loan is often a critical step when starting and scaling a business. After all, financing provides business owners with the capital they need to launch their business, maintain cash flows during tough times, or expand their operation. However, obtaining funding as a small business can be a complicated procedure, if you […]
https://www.credibly.com/wp-content/uploads/2020/10/How-to-Get-a-Business-Loan.jpg6671000Jeffrey Bumbaleshttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngJeffrey Bumbales2022-06-21 14:29:112022-06-22 14:40:20How to Get a Small Business Loan: Complete Guide
Small businesses are often referred to as the engine of our economy, driving as much as 64% of new private-sector jobs in the United States. When small-business owners face the dilemma of obtaining financial backing to sustain operations, expand the business, or purchase inventory, they frequently turn to small-business loans. Nearly three-fourths of all small […]
https://www.credibly.com/wp-content/uploads/2019/06/Things-to-Know-Before-Securing-Financing.jpg6671000Stephanie Mladenoskihttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngStephanie Mladenoski2019-07-03 07:41:022022-04-15 05:38:095 Things Every Small Business Owner Should Know Prior to Securing a Loan
In order to obtain a business loan, many (if not most) loan providers will take a hard look at your credit score. That makes sense since your personal credit score and your business credit score are fairly strong indicators to lenders as to whether or not you’re a reliable borrower. Your credit score(s) will serve […]
https://www.credibly.com/wp-content/uploads/2019/04/Credit-Score-Factor-in-SMB-Loans.jpg6671000Jeffrey Bumbaleshttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngJeffrey Bumbales2019-04-15 23:04:062022-04-15 05:04:33Credit Score Isn't The Only Factor to Focus on When Applying for a Business Loan
Having your loan application rejected is a wake-up call that your credit or business health isn’t as strong as you thought (or hoped) it was. It can be a very demoralizing experience—especially if you were counting on that financing to sustain your business operations. When a loan application is denied, it can usually be traced […]
https://www.credibly.com/wp-content/uploads/2018/05/Recovering-From-A-Rejected-Loan-Application.jpg6671000Jeffrey Bumbaleshttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngJeffrey Bumbales2018-05-25 09:46:372022-05-02 05:15:50Rejected For A Loan? Do These 9 Things Right Now
What to Do if Your Loan Application Is Rejected banking.about.com – If your loan application is denied, you might wonder what to do next. Why were you denied, how long do you need to wait before applying again, and what steps can you take to prevent it from happening again? It’s important to understand exactly what […]
https://www.credibly.com/wp-content/uploads/2018/02/a06a40c3fd09e8f7685467b3920dec21-300x300.jpeg300300bill@ogrelogichttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngbill@ogrelogic2018-02-26 07:37:422022-05-02 05:46:41What to Do if Your Loan Application Is Rejected
Strong business credit won’t guarantee that you’ll be approved for a loan, but it does improve your chances. Here are five things lenders really look for.
https://www.credibly.com/wp-content/uploads/2018/02/shutterstock_566737549-1.jpg6671000bill@ogrelogichttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngbill@ogrelogic2018-02-23 12:33:522021-08-18 17:05:05How Does Business Credit Affect Lending Decisions?
https://www.credibly.com/wp-content/uploads/2016/03/shutterstock_1043374444.jpg6671000Ben Goldsteinhttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngBen Goldstein2016-03-02 09:30:042021-08-19 08:41:55The Most Important Question to Ask Before You Apply for Funding
https://www.credibly.com/wp-content/uploads/2015/11/self-employed-how-to-get-a-loan.jpg6671000Hana Dickmanhttps://www.credibly.com/wp-content/uploads/2022/04/Dark-credibly_registeredlogo_lockup-2.pngHana Dickman2015-11-20 09:00:002022-05-30 14:49:41How To Get a Loan When You're Self Employed