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James Hudson

Are there any loan options for bad credit? - 0 views

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    Yes. There are many options for bad credit loans. Biz2Credit through its network of 1200 lenders have helped thousands of businesses secure loans fro bad credit over the years. To know more click here http://www.biz2credit.com/get-a-loan/quick-bad-credit-business-loans.html
James Hudson

What is the best way to attain a small business loan when you have a bad credit? - 0 views

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    You can always take the help of your realtives, friends and family to help you finance your initial ventures. Credit scores are relatively important when you are asking for loans from lenders. There are credit card options with people for bad credit but it entails high rate of interest. If you have a colatteral, getting a lon becomes easier. Talk to to one o the loan experts in Biz2Credit and they can guide you.
James Hudson

Securing A Small Business Loan With Bad Credit - 0 views

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    The SBA has all the inside information when it comes to small business lending. The SBA has several loan programs whose sole purpose is to help small business entrepreneurs secure small business loans. However, do be aware that there are some credit profile requirements that you must meet in order to qualify for one of these programs. If you do not qualify for any, consider exploring small business financing from alternative sources. - See more at: http://blog.biz2credit.com/2013/08/14/securing-a-small-business-loan-with-bad-credit/#sthash.Pgkyy4rF.dpuf
James Hudson

Does the same small business loan work for all business types? - 0 views

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    Whether it is for start up business, equipment financing, business acquisitions, commercial loans, line of credit, franchise loan or loan for bad credit, we provide solutions for all these financial needs. Moreover, Biz2Credit helps in choosing best options for financing your business depending on business situation.
James Hudson

Is credit score important when you are out asking for a loan? - 0 views

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    Yes lenders do look at the credit score when they are providing loans to the borrowers. Credit score and credit history are important but then there are loans provided for bad credit score by lenders. Get in touch with Biz2credit.com or call us at 1-877-861-2210 to have all of your small business financing questions answered for free.
James Hudson

What are the types of lenders that Biz2Credit partner with? Are these lenders viable? -... - 0 views

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    Biz2Credit partners with lender starting from cash advance lenders, merchant cash advance players as well as traditional lenders who offer both SBA loans as well as non sba conventional loans to the businesses. 
James Hudson

What is the term FICO? - 0 views

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    Also known as credit score, Fair Isaac Company (FICO) scoring is a formula for credit risk assessment that is believed to be highly predictive of future payment risk. The borrower's score is derived by weighing credit information at a snapshot in time and assessing "points" for each piece of information. The information is taken from a credit bureau file and scores are based on credit information only. The borrower's score is calculated based on assigned numerical values for certain credit characteristics. The higher the overall score, the less risk there is for the lender. High risk characteristics include bankruptcy, non-bankruptcy derogatory public record, charge-offs or loans defaults, repossessions, serious delinquency. Other weighted characteristics are number and age of trade lines, presence of derogatory trade line information, current level of indebtedness, types of credit available (revolving vs. installment), amount of time credit has been in use, credit inquiries.
James Hudson

What is accounts receivable financing? - 0 views

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    Accounts receivables financing is based on the 90 day outstanding for accounts receivables. Normally lenders will lend upto 80% of the outstanding accounts receivables and it is interest only payments.
James Hudson

How do I establish a good business credit? How to improve good credit score? - 0 views

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    Biz2Credit offers referral fees to accountants whose clients secure funding on the Biz2Credit platform.  Additionally, they are able to establish a presence on Biz2Credit, link back to their own websites, contribute blogs, participate in webinars and chat sessions, and build their own brands. Click to view more.
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    In order to establish good business credit, the business owner should should start creating trade lines and payment history through the company. One should apply for the phone lines and other utilities to be billed to the company as timely payments will add to the credit history of the company. 
James Hudson

How does one set up the legal structure of the business? - 0 views

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    You can actually setup your business through your biz2credit profile. We have partnered with different sources where you will receive a discount on the setup fees. Contact Biz2Credit for more information on these partnerships.
James Hudson

What is a Liability? - 0 views

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    Any legal responsibility, duty or obligation. The state of one who is bound in law and justice to do something which may be enforced by action. This liability may arise from contracts either express or implied or in consequence of torts committed. Some examples of liabilities include mortgages, UCC liens, accounts payable, settlement charges and/or tax liens. 
James Hudson

What is a certificate of Incorporation? - 0 views

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    A document issued by the state at point of company registration. The certificate is included in the registration kit and shows the date of incorporation and official company location. It is required for opening the business account and securing financing.
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