Heavy Equipment Loans For Bad Credit

Posted by & filed under Credit Score, Equipment Financing.

Heavy Equipment Financing for Bad Credit, BitX Funding Small Business Loans

Equipment financing is a method in which a business owner takes out loans to fund the purchase of large-scale equipment. Certain industries are more reliant on equipment than others. Thus it is vital to define your goals and expectations before pursuing an equipment loan. If you are in the construction space, heavy equipment loans can… Read more »

Are You Credit Worthy?

Posted by & filed under Credit Ratings, Credit Score, Five C's of Credit.

Five-C's-Credit

What are the ‘Five C’s of Credit’ The Five C’s of Credit is a method used by lenders to determine the credit worthiness of potential borrowers. The system weighs five characteristics of the borrower, attempting to gauge the chance of default. The Five C’s of Credit are: Character Capacity Capital Collateral Conditions Banks use rigorous policies and analyses when determining… Read more »