Sentences with phrase «business credit rating difficult»

This can make establishing and raising a company's business credit rating difficult, but there are a few ways to raise this score by other means.

Not exact matches

Getting a business loan is always very difficult if you don't have good credit rating and track record, solid financials, and collateral.

Having a bad business credit score can be a slippery slope, as interest rates increase, making it more difficult to pay off debt while also making it difficult to grow the business without the necessary resources.

Qualifying for a traditional loan, whether from a bank or credit union backed by the SBA, is particularly difficult for a new business or startup, and it's even harder for restaurants and food service businesses given their historically higher failure rates.

It usually is difficult to get an unsecured LOC approved unless you are a well - established business or an individual with an excellent credit rating.