19 Nov
‘Phishing’ is one of the most common techniques used by scammers today. If you don’t want to be a victim of this scam, it’s time to make yourself aware.
What is ‘phishing’? Phishing is when scammers trick unsuspecting victims into giving up their personal information or even bank account numbers. The way they trick victims is by sending out fake emails or setting up fraudulent websites that appear legitimate, asking you to input your information. These types of scams are from the 90s but are still popular today. Read the rest of this article...
17 Nov
Currently applying for a business loan requires a bit of luck. If you have an exceptional credit record, you may still be turned down due to banks being more cautious of who they lend money too due to current turbulent financial situation. It is ironic however that the money they are lending comes from the customers themselves. Read the rest of this article...
12 Nov
Once the business is established, next thing is to get a business credit card. Business credit cards are more important than personal credit cards and both are different. Many are unaware of this fact and end up in problems. One should understand the following: a. both of these credit cards are different b. things to look or take into consideration when getting a business credit card. Read the rest of this article...
12 Nov
After establishing your business andit’s credit rating you must maintain it. Profits will continue to flow in as long as you maintain a responsible accounting.
Make all of your payments on time. Lender’s see this as a way to gauge your credibility. Slow payments make you look as if the business isn’t doing well.
Borrowing money is must while building your business. All borrowed monies need to go directly into the business. Lifestyles cannot be funded on business finances. Borrowing more than you can realistically return is a sign of a weak business. Read the rest of this article...
12 Nov
You need great credit scores in order to obtain personal and business credit. The inflow and outflow of capital must be regular in order to achieve a successful business. It is a common practice for business owners to establish business with the help of loans and shares; therefore, the positive outcome of the business always depends on a good payment history. It is possible to negotiate favorable loan terms and a good payment history. React by establishing your business on time, with the option of reporting to three of the business credit reporting agencies. It will help you build loan power for your business. Read the rest of this article...
