Sentences with phrase «business credit scores generally»

Range: Personal FICO scores range from 300 to 850; business credit scores generally range from zero to 100.

Personal FICO scores range from 300 to 850 while business credit scores generally range from zero to 100.

Personal FICO scores range from 300 to 850 while business credit scores generally range from zero to 100.

Not exact matches

As a general rule, banks prefer to see borrowers with personal credit scores over 680, they like to see a good number of years in business, and generally don't like to lend to restaurants (they perceive them as higher risk).

To qualify you for a business credit card, issuers will generally look at your personal credit scores and combined income (personal and business).

Generally speaking, if your business can demonstrate an ability to make the periodic payments, you haven't declared bankruptcy in the last 12 - 24 months, and are current with your personal debt obligations, you may be able to qualify for a micro-loan from a non-profit lender even if you have a less - than - perfect personal credit score.

In comparison, LendingClub requires borrowers have at least fair or better credit, which is generally any score above 620, and businesses be at least two years old.

In addition, business credit scoring models are generally looking at the breadth and depth of the firm's experience with credit though they may not look at it exactly the same way personal scores do.

Qualifying is generally based on your personal credit score, time in business, and annual revenue.

In comparison, LendingClub requires borrowers have at least fair or better credit, which is generally any score above 620, and businesses be at least two years old.

Qualifying is generally based on your personal credit score, time in business, and annual revenue.

Small - business owners may be able to secure lines of credit even if their businesses are currently losing money, as long as their personal credit scores are high — generally above 700.

As a general rule, banks prefer to see borrowers with personal credit scores over 680, they like to see a good number of years in business, and generally don't like to lend to restaurants (they perceive them as higher risk).

Every lender has different underwriting guidelines, but they generally consider similar factors, including personal credit score, your time in business and annual revenue.

«One of the biggest frustrations for many consumers is the fact that resolving a collection account generally doesn't improve their credit scores,» says Gerri Detweiler, head of market education for the business credit company Nav and longtime consumer credit writer and educator.

So although students don't generally qualify for the most attractive credit card deals based on their income and credit score, credit card companies want their business because of their future potential as high - value clients.

Data: Generally, business credit reports and scores include just the accounts you have under your company's name, not your personal accounts.