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It is typical to breathe a great sigh of relief once you file your taxes. But you haven’t yet been out of the trouble. However, the Internal Revenue Service (IRS) provides a computer screening process for each submitted return. And if your tax return makes mistakes, you have to pay the IRS a heavy price…. 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 »
It can be frustrating trying to get small business loans without collateral to qualify. This is especially difficult if your credit score isn’t great. In addition, getting a bank loan takes time, so a loan without collateral can be even more difficult if you need the funds quickly. However, traditional bank loans are not the… Read more »