Five-C's-Credit

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

ct-small-business-express-lending

Posted by & filed under Connecticut's Small Business Express Lending Program, Small Business Loans and Business Credit.

The Small Business Express Program (EXP) provides loans and grants to Connecticut’s small business to spur job creation and growth and awareness about small business lines of credit. Small Business Express Program Fact Sheet Small businesses with operations in Connecticut, registered to conduct business for not less than twelve months, in good standing with all state agencies… Read more »

repair-your-credit-bitx-funding-ct

Posted by & filed under Building Credit, Rebuilding Credit, Repair Your Credit.

There are THREE CHOICES to improve credit reports, identity theft, and consumer information: DO IT YOURSELF  HIRE A REGULAR NON-LAW FIRM Credit Repair Company HIRE AN ATTORNEY Make an Immediate Impact: Do it Yourself Review your credit reports for accuracy. Your report may contain inaccurate information or might be missing important credit information. Contact the credit reporting… Read more »

small-business-loans-for-women-ct

Posted by & filed under Small Business Association (SBA).

ATTENTION FEMALE BUSINESS OWNERS:  The Government Wants To Give You Money In fact, it’s funding for female entrepreneurs made big gains this year. U.S. Small Business Administration loans for women were up 18 percent in fiscal 2015 over the previous year, according to the federal agency. The SBA itself posted a record year with a… Read more »

4 Ways to Boost Business Credit - Blog Image | BitX Funding

Posted by & filed under Building Credit, Small Business Loans add Business Credit.

4 Ways to Boost Business Credit As a small business owner, you work hard to grow your business.  Some days you feel like the chief cook and bottle washer between all of the duties that require your attention.  Things like customers, vendors, employees, and marketing strategies are certainly important but don’t neglect the importance of… Read more »

Financing Options After a Failed Pre-Approval

Posted by & filed under Building Credit.

Financing Options After a Failed Pre-Approval If you’re like many small business owners, chances have failed a prea-approval, or have been denied financing.  Perhaps your FICO score is too low, or you haven’t been in business for 3 or more years or maybe you have a blemish on your business credit.  Even if you have… Read more »

Strategies for Securing Small Business Loans - BitX Funding

Posted by & filed under Business Loans, Small Business Loans and Business Credit.

Strategies For Securing Small Business Loans   If you need help securing small business loans, what’s the first thing you should do? Head to the bank? Post on Kickstarter? Go on ABC’s “Shark Tank”? In a world where the finance industry has developed a product to take advantage of many well-meaning entrepreneurs (i.e. “the business… Read more »