Sentences with phrase «obtain business credit»

While your personal credit can influence your ability to obtain a business credit card, your company will also develop its own business credit score and history over time.

If your business has yet to establish its own credit — which can take quite a while for a new business — you can generally use your personal credit information to obtain a business credit card (so long as you really do have a business, of course; you generally can't qualify for a Chase business card without one).

Many small business owners believe they must provide a personal guarantee to obtain business credit.

Although some people use their personal credit cards for business purpose, it is more ideal for you to obtain your business credit card.

To obtain business credit, you must to have acceptable scores from these Big 3 agencies:

Let's take a look at some of the steps you'll need to take in order to obtain a business credit card.

Traditionally, suppliers face problems with their customers taking long periods of time to pay their balances and, in turn, making it difficult for them to obtain business credit in the interim.

In addition, while the majority of business owners surveyed across all segments said they did not feel a perception of discrimination from a financial institution impacted their chances of obtaining business credit, 22 % of African American and 11 % of LGBT business owners reported that perceived discrimination impacted their chances of obtaining credit for their business, compared to 5 % of the general small business owner population.

Once a business has progressed beyond the launch phase, establishing separate business bank accounts and obtaining business credit cards are two of the best strategies for improving its credit profile.

Although you can establish business credit with your first trade line, obtaining a business credit score takes a bit more work.

Unfortunately, you can't lower your credit card processing fees simply by obtaining a business credit card, even if you get the card from the same institution that acts as your credit card processor.

Unfortunately, establishing business credit isn't quite as simple as obtaining a business credit card — although that is a good early step.

Unfortunately, you can't lower your credit card processing fees simply by obtaining a business credit card, even if you get the card from the same institution that acts as your credit card processor.

Although you can establish business credit with your first trade line, obtaining a business credit score takes a bit more work.

No matter how small your business is, if you have good personal credit, obtaining a business credit card should be easy.

This may include incorporation and forming a registered business entity, obtaining business credit and bank accounts, setting up a new business phone number, hiring professional vendors to help out, and having a real estate website.

Should I use my current LLC to start obtaining business credit or open a new one?

So, I am thinking of creating a corp just for the purpose of obtaining business credit, and having that corp own the LLCs (each individual property).

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Because of its financial size, credit line and contractual agreements, the parent company offering the business opportunity can often arrange better financing than an individual could obtain.

Credit is one of the foundations of the American economy, and small businesses often must obtain credit in order to coCredit is one of the foundations of the American economy, and small businesses often must obtain credit in order to cocredit in order to compete.

This can be pivotal for your small business obtaining a business loan or line of credit down the road.

However, it's possible for business owners to obtain funding without excellent credit.

Having a good credit score will help you scale your business and obtain loans, financing and further lines of credit for big purchases.

As with a CPA, a CMA must pass an exam, have business experience, and obtain continuing education credits.

Because one - in - four small - business owners use home equity to finance their businesses, this policy makes it more difficult for some small - company owners to obtain credit for their companies.

Small business loans and lines of credit are usually applied for to obtain the necessary funds to grow a business.

Those easy to obtain credit line increases proved a lifeline for small businesses and were much easier than dealing with a bank, if a bank approved the loan at all.

As a CPA I can attest that there are certainly situations where taking a loan, obtaining a line of credit, or accessing other forms of debt can help you and your business grow.

In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisions.

In a prosperous economy credit is easier to obtain, so people with less capital, worse ideas, and often no idea what they are doing can start a business.

«Until now, we've only heard anecdotally about difficulties for regional small businesses in obtaining credit without any numbers to confirm this,» said Kausar Hamdani, senior vice president and Community Affairs officer at the Federal Reserve Bank of New York.

Admittedly, having bad credit may make it more difficult to get a traditional business loan, but it is still possible to obtain financing with less - than - stellar credit.

Anyone with a minimum of $ 50,000 in a rollable retirement account (such as an IRA, 401 (k) or 403 (b)-RRB- can obtain business financing using this method in a matter of weeks, regardless of their credit score, and because ROBS is not a loan, there are no monthly payments to make.

Consequently, dispensaries that allow credit card purchases may have represented themselves as something else, like a consultant or garden shop, to obtain a bank account, said Mark Oury, general manager of Guardian Data Systems, of Vancouver, Washington, a merchant services provider for high - risk businesses.

Obtaining a small - business loan or establishing a credit line is not always easy these days.

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purcredit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purcredit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purcredit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purcredit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purcredit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purCredit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.

Your business credit history — the credit accounts your business has obtained in the past and your payment history with those lenders or other creditors

A merchant cash advance allows a business owner who accepts credit card payments or has other payment or receivables streams to obtain an advance of the funds regularly flowing through the business» merchant account.

In the November survey, almost half (44 percent) of small business owners surveyed said they expect credit will be somewhat or very easy to obtain in the next 12 months, up from 37 percent in July.

This represents the highest reading on this measure since January 2008 when 48 percent of small business owners said credit would be somewhat or very easy to obtain over the next 12 months.

While the information in this post is specific to Finland, you can apply it in a general way to obtaining a credit card wherever you happen to live and run your business.

For example, if you have a new business idea but no money to invest, and insufficient credit history to obtain a commercial loan, then you can go into a partnership with somebody who has money to invest.

In addition to an equipment loan, small business owners can also consider obtaining the money needed to purchase equipment via a business credit card, invoice financing or factoring, or angel investing.

It requires up - front fees to obtain the line, and the business must pay interest on the money it uses from the line of credit.

The U.S. Office of the Comptroller of the Currency said banks relaxed the criteria for businesses and consumers to obtain credit during the 18 months leading up to June 30, 2013, while the European Central Bank said fewer banks in the euro zone were reporting tightened lending standards to nonfinancial businesses in the fourth quarter of 2013.

Small businesses need to build credit history to obtain future credit accounts and loans.

Small businesses and startups often find it difficult to obtain financing from banks, due to poor credit scores, scant credit histories, or insufficient collateral.

Once you've obtained an alternative loan you should turn your focus to improving your business credit score for the future to obtain a better loan the next time around.

We understand that things happen, both personally and professionally in your business, so as long as you're on the right track to improve your credit, we believe you should have the opportunity to obtain funding.