Posts Tagged: #hartfordcounty

8 Differences Between a Business Loan and A Line of Credit

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

business-loan-vs-line-of-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 »

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 »