Sentences with phrase «as small a credit»

If it is your first credit card, go for as small a credit limit as you think appropriate.

The Saratoga Community Federal Credit Union (SCFCU) started as a small credit union formed by a group of teachers from the Saratoga Springs City School District in 1945 to better serve their banking needs.

Not exact matches

As an example, if every customer paid with credit, a small family business would see its profit reduced from $ 50,000 to $ 35,000 — and if their margins before card fees were closer to 5 %, then you are looking at cutting their profit from $ 50,000 to $ 20,000!

Home Capital Group has seen some of its riskier lending business drain away to the private, unregulated mortgage lenders — firms like Alpine Credit or the many so - called «mom - and - pop» shops which proliferated as small investors teamed up with brokers to provide short - term, non-amortized loans.

To take advantage, you must have an export credit sales volume of less than $ 5 million in the past three years before application, your company must qualify as a small business under the Small Business Administration's definition of the term and you must have been in business at least one year with a positive net wsmall business under the Small Business Administration's definition of the term and you must have been in business at least one year with a positive net wSmall Business Administration's definition of the term and you must have been in business at least one year with a positive net worth.

Today, alternative lenders such as Merchant Cash Advances are actually taking to the Internet to determine if small businesses are credit worthy.

Blindly using the same credit policies as competitors does not offer a small business any advantage, and can even prove harmful if the company's situation is atypical.

Still, credit bureau reports do have some potential for error, so small businesses should not necessarily use them as the only source of consumer credit information.

Wave also lets users separate personal expenses from business expenses, a key feature for small companies where employees often use the same credit card to take clients out for lunch as they do for buying groceries.

Amex a less used credit card service within the small business world sponsored and promoted the shopping day and offered benefits like marketing collateral, ads on Facebook, and branded shopping bags for small businesses who utilized Amex as a service and participated in the day.

In September 2015, Biz2Credit conducted a study that showed Latino small - business loan applications grew 18 percent, yet their owners lag behind in the necessary factors needed to secure financing, such as annual revenue, age of business and credit scores.

«As interest rates begin to rise over time, financial institutions will find it necessary to pass along their increased costs in the overall cost of credit to small business and commercial customers.»

Stuart Reid, executive director of the Food Co-op Initiative, a Minnesota - based nonprofit foundation that advises cooperative grocery stores, says he thinks Howard's Organics move to accept credit cards is a smart one — as most shoppers in today expect that from grocery stores, whether large or small.

Small companies liked that they could buy (or rent) computer servers, networking, and storage as needed, typically with a credit card.

Use these resources, which are often free, to gain insight on topics such as when to expand, when to seek credit and the types of loans available to small businesses.

Industry experts and retailers credit music fans for the focus on vinyl, saying a small backlash against digital downloads has led some customers toward searching out higher sound quality, as well as the more authentic experience of physically putting on a record.

Small - business owner: To encourage the government to hire more Canadians as part of the Economic Action Plan, the budget proposes a hiring credit, which offers a one - year Employment Insurance break of up to $ 1,000 for firms with premiums below $ 10,001 in 2010.

The small implants use Near Field Communication (NFC) technology, the same as in contactless credit cards or mobile payments.

As Dale Shintani, senior vice president of small business lines of credit at Wells Fargo, says: «What's important to understand is that we want to approve as many small businesses as we can.&raquAs Dale Shintani, senior vice president of small business lines of credit at Wells Fargo, says: «What's important to understand is that we want to approve as many small businesses as we can.&raquas many small businesses as we can.&raquas we can.»

The number of small - business loans fell dramatically during the recession, as big banks cut off credit to customers they considered risky and many smaller and regional banks that once lent to local business owners shut their doors.

While major production companies and distributors, à la Disney, typically get most of the credit for the success of Hollywood films, there are dozens of independently run startups like Rodeo that contribute in no small part to the success of projects, and without which these films would not look as glossy as they do.

The national migration to EMV payment standards (popularly recognized as microchip debit and credit cards) is virtually guaranteed to safeguard small businesses and their customers against fraud over the next year.

The implication is that (not - so) small quibbles over measures such as the tax credits won't ultimately derail the overall repeal - and - replace strategy.

Although the lack of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange - rate surcharges.

A report by the National Small Business Association puts credit cards as third most popular financing choice, after retained earnings and bank loans.

Seventy - two percent of small - business owners who took part in the survey say they prefer to accept cash or checks as a form of payment over credit cards.

Meanwhile those that could create the jobs elsewhere — such as the millions of small and medium - sized businesses that are the backbone of European economies — often struggle to access credit or are caught up in red tape and regulation.

But if your small - business credit card is guaranteed by your personal credit — the case for all sole proprietorships and some recently incorporated businesses — the protections covered by the new legislation will apply to your card as well, so no need to switch.

On Joe Nocera's blog, a reader known only as «Anonymous Banker» has an interesting treatise on why small companies with great credit can't get loans right now.

Online alternative lending companies are also well - represented this year, from personal loans for people with less than perfect credit, as served by Avant, to small business loans from Kabbage and Prosper.

It plans to «cascade» down its probe to other federally - regulated institutions, such as smaller banks, federal credit unions and federal trust companies, she added.

Still, according to Loretta Mester, director of research at the Federal Reserve Bank of Philadelphia, the use of credit scores in lending decisions is rising — and is likely to continue to rise — with industry consolidation, as large banks that need automated processes to handle their heavy loan volumes continue to acquire small banks.

American Express Small Business Services touts as selling points unsecured credit lines ranging from $ 5,000 to $ 50,000, equipment loans and leases, and a willingness to be flexible on ways to structure payment terms.

Often, small - business owners don't consider how their company can affect their personal credit rating, says Bill Collier, author of How to Succeed as a Small Business Owner... and Still Have a Life (Porchester Press, 2small - business owners don't consider how their company can affect their personal credit rating, says Bill Collier, author of How to Succeed as a Small Business Owner... and Still Have a Life (Porchester Press, 2Small Business Owner... and Still Have a Life (Porchester Press, 2006).

For instance, not only are they less likely to own credit cards — the ones who do tend to have smaller outstanding balances (although they aren't always as good at paying off those balances).

But when it comes to actually providing credit, many still rely on application and approval processes that are as offputting as they can be for small, growing businesses.

These tax credits, also known as «tax extenders,» because they tend to expire every year or two, are meant to stimulate the economy by giving smaller businesses an incentive, through deductions, to invest in equipment, property, and employees.

Many small business owners currently use Square, another credit card processor, and Edery said his system is «competitive with Square» as they have the same 2.75 percent rate.

Add to that the frustration of not being included in protections currently being enjoyed by consumers as a result of the Credit Card Accountability, Responsibility and Disclosure Act, or CARD Act, it's not hard to imagine that small business owners are fed up with credit ageCredit Card Accountability, Responsibility and Disclosure Act, or CARD Act, it's not hard to imagine that small business owners are fed up with credit agecredit agencies.

The breach at Arby's comes as many credit unions and smaller banks are still feeling the financial pain from fraud related to a similar breach at the fast food chain Wendy's.

«This provision opens up the credit to small corporations subject to the AMT, as well as pass - through entities (where the credits flow through to shareholders),» Sanger adds.

Business credit cards typically come with the same travel and purchase protections as their consumer counterparts as well as business - specific features that are better - suited to the needs of small - business owners:

Under the new changes, «small creditor» — now defined as institutions with less than $ 2 billion in assets originating fewer than 500 first - lien mortgages per calendar year — would now apply to a 2,000 - loan annual origination limit, effectively easing the path for more banks and credit unions to comply with the ability - to - repay rule.

Small merchants like my company take credit card security very seriously while some larger companies simply write it off as a cost of business.

The credit card comparison company used 10 metrics, such as net growth, industry variety and average wages for new hires, to evaluate the state of small businesses in the 30 largest metropolitan areas nationwide.

Doing the right things to build your business credit profile is one of the most important items you can take as small business owner.

Tom Sanger, a partner with accounting and advisory firm Moss Adams, says that, «small businesses, now defined as having an average of less than $ 50 million in gross revenue over the prior three years, will be able to offset (the alternative minimum tax) AMT with R&D credits generated after Jan. 1, 2016.»

Many business credit cards include programs — such as VisaSavings Edge, Mastercard Easy Savings and American Express OPEN — which give you a small discount with a select list of merchants.

It's important to start building up your business credit history as a small business owner, separating it out from your personal credit.

«Taking small steps, such as making sure savings are in high - yield accounts, renegotiating monthly bills and using a cash - back credit card can free up cash that can be put toward debt payments until they are paid off in full,» she says.