SBA blog

For every business, the cash flowing into a company is essential for covering the day to day expenses necessary to operate a business.

If your business is part of the small minority of businesses who successfully maneuver those challenging early years, then you might be thinking, "what's next?".

Getting approved for funding for your business is dependent on your perceived ability to repay the loan or line of credit. That's why it's important to make your application for credit or a loan stand out and show that your business is creditworthy.

Do you remember when everybody practically everywhere was talking about Subway®? I sure do.Before I got into franchising, the idea of owning a Subway franchise was a hot topic. People from all walks of life wanted in.

Credit plays an important role in your personal and business life. It impacts your purchasing power, the interest rates you'll pay, and the terms of repayment.

A creditworthy business is defined as a company that is considered suitable to receive credit because of a positive history of paying money back.

"Save a part of your income and begin now, for the man with a surplus controls circumstances and the man without a surplus is controlled by circumstances."