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6 DO’S AND DON’TS OF SHORT-TERM LOANS Short-term loans, also known as cash advances, can be a quick and simple way to get access to funds on short notice. Millions of Americans find this form of credit helpful, but it is expensive and should be used responsibly. Abusing these types of loans can leave you… Read more »
What are the advantages and disadvantages of invoice financing? Factoring financing has been gaining popularity as a way to finance a growing business. If you are not familiar with this type of financing, you can learn about it in detail by reading, “What is factoring?” Factoring is essentially a financial tool that allows you to… Read more »
Why It’s Important to Build Business Credit because your ability to build a positive business credit history reflects your past payment habits and future borrowing potential. Begin building your credit history by taking steps to formally set up your business, opening business accounts and slowly transitioning to making payments with credit and taking loans when necessary. Taking the First Steps Establishing a business credit history requires defining your business, which separates your… Read more »