Posts Tagged ‘loan’

Do you need good credit to get a small business loan?

By JJ Thomas • Jan 4th, 2008 • Category: Accounting & Finance

Courtesy of Small Business Boomers:
Myth 1: You need great credit to get a small business loan.
Myth Buster: You certainly don’t need a stellar credit rating to get a small business loan. Just as you don’t need great credit to get a loan for anything. A small business startup loan really is a personal loan, […]



Increasing Odds of Getting Small Biz Loan

By JJ Thomas • Nov 7th, 2007 • Category: Accounting & Finance

Money:
Regardless of the economy, entrepreneurs are risk takers and bankers are conservative. Lenders want to make “safe” loans, and virtually all of the major ones rely on credit scoring systems. That is unlikely to change in the immediate future. How can an entrepreneur increase her odds of winning a loan? There is only one tried-and-true […]