What Is a Signature Loan?

What Is a Signature Loan?

A signature loan is a fixed-rate, unsecured personal loan offered by an online lender, bank or credit union. It’s called a signature loan because it’s secured by your signature instead of collateral, like a car or an investment account.

What Is an Installment Plan?

What Is an Installment Plan?

An installment loan is a lump sum amount of funds that you can use to make a purchase. After you take out the loan, you need to make regular payments over the loan term to repay it. The payments are called installments so that is where the term installment loan comes from.

Smart Investments to Make for Your Small Business

Smart Investments to Make for Your Small Business

Being a small business owner means that you will have a lot of expenses need to make so the last thing on your mind might be thinking about investments. However, investments are important to make your business grow.

How to Analyze Your Business Credit Report

How to Analyze Your Business Credit Report

A strong business credit report can help build your business. Having a good credit score can increase your borrowing power and keeping track of what is on your business credit report can help you avoid fraud and fix errors.

How to Lower Your Credit Utilization Ratio

How to Lower Your Credit Utilization Ratio

Having a low credit utilization ratio is an important part of your credit score. This ratio tells people what percentage of your total available credit line you have used. Different credit bureaus factor your credit utilization ratio into their algorithm differently, but the ratio affects your credit score number.

Should Your Business Have an Online Store?

Should Your Business Have an Online Store?

If your business does not have an online store yet, you should consider it. It is not for every business, but it is becoming the expectation for buyers in this generation. You could be missing out on a large percentage of the market by providing a brick-and-mortar operation. You can also be overlooking thousands of dollars in sales if you are not using e-commerce to grow your business.

How to Remove Credit Inquiries

How to Remove Credit Inquiries

You applied for a loan and found out that it was not approved. You are informed that your credit profile does not meet the underwriting guidelines but you can get a copy of your credit report if you want to dispute the inquiries you have with the business credit bureaus. When this happens, you will want to do whatever possible to remove the authorized inquires from credit reports to increase your credit score. Today we will discuss how to remove credit inquiries from your credit report.

What to Know About Incorporating as a B Corporation

What to Know About Incorporating as a B Corporation

B corporations are particularly a unique entity. It means that your business has decided to purse a higher standard of purpose. B Corps are committed to upholding a specific social or environmental mission or otherwise using business as a force for good.

How to Lower the Risks Associated with Trade Credit

How to Lower the Risks Associated with Trade Credit

Trade credit has several benefits for both customers and sellers who issue it, but it also has many risks associated with it. Businesses might feel tempted to adopt a trade credit program to help get new customers and land bigger orders while sellers should take steps to lower the risks associated with this option.

How a Line of Credit Can Help You Stay Competitive

How a Line of Credit Can Help You Stay Competitive

It is critical that you stay ahead of the competition when building a thriving business. The key to this is to stay competitive by innovating. Consumers love companies that improve things and innovate. Improvement requires financing and the extra funds can give you the freedom to generate ideas, experiment with marketing, and take risks that your normally would not be able to do.