credit-card-stacking

Posted by & filed under Alternative Lending, Building Credit, Business Line of Credit, Business Loans, Credit Card Stacking, Small Business Loans and Business Credit.

How Does Credit Card Stacking Work? Credit card stacking lets you use multiple credit cards to finance your business. Lenders don’t call credit card stacking by its name because most people have a negative perception about credit cards. Instead, you might see it referred to as an “unsecured business credit line for startups” or “FICO… Read more »

small-business-loan-ct

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

Times are good. Your business just got a great story written about you in the local paper, your customers love you more than ever. Sales are up, costs are down, the business is humming just like you dreamed it would be. What now? Rest on your laurels and relax? Now would be a great time… Read more »

business-loan-vs-line-of-credit

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

When you need some money to start, build, or grow your business, you’ll want to know the differences between business loans and business lines of credit. Knowing the differences will help you make the best decision about what is best for you and your company at the moment you need capital. Here are 8 ways… Read more »

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 »

Posted by & filed under Alternative Lending, SBA Loan Facts, Small Business Loans and Business Credit.

Finding the right kind of loan for your small business can be challenging.  We’ve broken down five of the top loan types to help make the lending process clearer for your business needs. Long Term Loans If your business is looking to Fund larger projects that pay back over a longer term this option maybe… 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. 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 and with the payment of all state taxes,… 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 Alternative Lending, Building Credit, SBA Loan Facts, Small Business Association (SBA), Small Business Loans add Business Credit, Small Business Loans and Business Credit, Women-Owned Businesses, Working Capital.

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 »

Bitx-Funding-Cash-Flow-Working-Capital

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

Running a small business has its’ ups and downs and so does your business cash flow.  Having enough cash (working capital) on hand to pay expenses and purchase assets is vital to the long term success of your business.  The challenge for most is managing the peaks and valleys of their business cycles.  You may… Read more »

bitx-funding-boost-business-credit-ct

Posted by & filed under Building Credit, Small Business Loans add 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 your business credit.  Here are 4… Read more »