SBA blog

The accuracy of the data being reported about your business shows your company’s ability to meet its financial obligations with vendors, suppliers, lenders and other businesses.

When you first start looking for a franchise to own, the upfront expenses you’ll be responsible will be on your mind. That said, it’s crucial for you to find out what your starting and ongoing expenses will be if you become a franchisee.

As a small business owner, it is important to have an understanding of business credit terms. Similar to personal credit, business credit determines whether your company can be trusted by the way it manages money.

Many businesses start on a shoestring budget so it can be challenging to build the business credit you need to expand your business.

Access to cash and credit is a business’s lifeline. Business credit allows a company to to borrow money that can be used to purchase products or services. It is based on the trust that payment will be made in the future.

You have that business idea. You think it could really work and you think you want to try. So, what’s next? What are the first steps to take? Sure, the obvious is that you develop your business plan. But how does that really happen in practice?

When April Lukasik’s second child was born, she couldn’t find a childcare center that met her high standards. So she started her own – and a small business was born, too.

As a small business owner, if you’re in the startup phase or are ready to scale your existing business, you may be searching for unsecured business funding to grow your company.

Access to capital is essential to getting your business off the ground and through the startup phase of the business lifecycle.

When it comes to business credit, there’s no standard scoring model for assessing risk.