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Whenever you set up any form of debt settlement agreement with your debtor or your credit card company, your chances for obtaining reliable credit in the future from the same company is considerably reduced. In addition to this, such a step will also impact your overall credit score in a negative direction. The process of debt settlement basically calls for offering the credit card company with a negotiated settlement that aims to convince the company to accept a payment much less than the final debt payment or the total owed amount. Well though many of these processes are successful in relieving the consumer of all his or her debt obligations and also in preventing the lenders from selling any future debt to the collector, however most of them tend to leave your future financial story with a black mark for the next seven years at least.

When it comes to dealing with issues such as debt management, loan qualification, and credit scores, everything is surprisingly interconnected. Most people's bad debt comes from misuse of their credit lines and loans. When credit scores drop, they discover that getting personal and business loans can be much more difficult. -

If you are applying for a loan to finance your small business, you are probably aware that lending institutions will scrutinize your credit score. But perhaps you've made a couple mistakes in your financial history that caused your credit score to lower, and you ended up with sky-high interest rates whenever you applied for loans. Or worse, you were denied loans altogether.

Earnings and business credit scores of women-owned companies soared in 2013, according to Biz2Credit.com, the leading online credit marketplace, which analyzed more than 10,000 applications from all across the U.S. on its platform during the past year. Average earnings for women-owned businesses rose to $54,114 in 2013 from $35,135 in 2012 -- a whopping 54% jump in a year-to-year comparison. Further, the average credit score for women-owned companies rose to 610 in 2013, up from 592 in 2012.

Biz2Credit.com has identified San Jose as the Best Small Business City in America, based on a weighted average that includes annual revenue, credit score, age of business (in months), cash flow, debt-to-income ratio, incorporation (C-Corp or LLC vs. sole proprietorship), and business owners' personal credit scores.

Earnings and business credit scores of women-owned businesses soared in 2013, according to Biz2Credit.com, the leading online credit marketplace, which analyzed more than 10,000 applications from all across the U.S. on its platform during the past year.

During the "credit crunch" of 2009 - 2011 when the largest financial institutions closed the spigot on small business lending, approval rates sunk to single digit percentages at many big banks. During this dry period, credit unions and alternative lenders filled some of the void and small banks, in particular, were the most willing to lend.

Denver is the Best Small Business City in America for Women Entrepreneurs, based on a weighted average that includes annual revenue, credit score, age of business (in months), cash flow, debt-to-income ratio, incorporation (C-Corp or LLC vs. sole proprietorship), and business owners` personal credit scores, according to an analysis released today by Biz2Credit.com

Denver is the Best Small Business City in America for Women Entrepreneurs, based on a weighted average that includes annual revenue, credit score, age of business (in months), cash flow, debt-to-income ratio, incorporation (C-Corp or LLC vs. sole proprietorship), and business owners' personal credit scores, according to an analysis released today by Biz2Credit.com.

There are times office equipment breaks down and you can simply write a check or draw from the business line of credit for repairs or replacement. Other times this is not the case. In those instances, it is necessary to call in the big guns. Equipment financing is likely the answer when other options just will not work.

New York-based small business loan marketplace Biz2Credit said it analyzed average revenue, age of business, average credit scores and other financial data to determine the rankings. It defined "small businesses" as companies having fewer than 250 employees or less than $10 million in annual revenues.

Latino entrepreneurs face challenges in securing financing and are more likely to borrow money from high interest, non-bank lenders, according to a study released today by Biz2Credit.com that looked at annual revenue, credit scores, age of business (in months), and operating expenses.

How it grew: With a website that makes it easy for small companies to apply quickly for commercial loans online, seven-year-old Biz2Credit has positioned itself for profit. Biz2Credit's ever-expanding group of lenders, including a number of small banks, is eager to make deals with small firms at a time when bank loans under $1 million have stagnated, according to a Federal Reserve Bank of New York survey. Last year, Biz2Credit facilitated $380 million in loans, up from $200 million in 2012.