Sentences with phrase «small business credit score used»

Not exact matches

In December, JPMorgan Chase said it will use alternative lender OnDeck's credit - scoring technology, in an attempt to more quickly underwrite credit to some of the giant bank's 4 million small business customers.

The FICO SBSS score will be used for term loans, lines of credit, and commercial loans up to $ 350,000 from the Small Business Administration (SBA).

(New York, NY) March 24, 2010 — On Deck Capital (www.ondeck.com), a leading provider of small business financing solutions, announced today announced today that over $ 50 million of loans have now been made to more than 2,000 Main Street small businesses using its proprietary performance lending system which evaluates businesses based on electronic performance data rather than relying solely on the business owner's personal credit score.

Still, other companies like Equifax's Small Business Credit risk Score for Financial Services, which uses a rating system that ranks scores from 101 to 992, ascribe to alternative rating scales.

The FICO Small Business Scoring System (SBSS) is used for loans and lines of credit up to $ 1 million.

It will greatly impact my credit score removing the $ 8,000 available credit from my overall usage as I have been getting ready to start a new business using some credit along with available funds and a couple of smaller cards have higher usage.

Today, many lenders use a mash - up of business and personal credit in their decision - making, called FICO Small Business Scoring Service (FICbusiness and personal credit in their decision - making, called FICO Small Business Scoring Service (FICBusiness Scoring Service (FICO SBSS).

Small, short - term business loans can also be used to improve your business credit score.

Still, other companies like Equifax's Small Business Credit risk Score for Financial Services, which uses a rating system that ranks scores from 101 to 992, ascribe to alternative rating scales.

MOST IMPORTANTLY, use ScoreMaster ® before you apply for credit such as a credit card, auto loan, student loan, mortgage, small business loan or any other type of credit to ensure you're applying at your peak credit score.

When you use your small business credit cards, you will begin to build a business credit score.

Recently, the head of the Small Business Administration, Maria Contreras - Sweet, gave a speech at the Center for American Progress where she detailed the agency's expanded use of small business credit scores in an effort to streamline the lending process, improve accuracy, ensure fairness and, most importantly, facilitate the provision of more small loans to the nation's entreprenSmall Business Administration, Maria Contreras - Sweet, gave a speech at the Center for American Progress where she detailed the agency's expanded use of small business credit scores in an effort to streamline the lending process, improve accuracy, ensure fairness and, most importantly, facilitate the provision of more small loans to the nation's entrepBusiness Administration, Maria Contreras - Sweet, gave a speech at the Center for American Progress where she detailed the agency's expanded use of small business credit scores in an effort to streamline the lending process, improve accuracy, ensure fairness and, most importantly, facilitate the provision of more small loans to the nation's entreprensmall business credit scores in an effort to streamline the lending process, improve accuracy, ensure fairness and, most importantly, facilitate the provision of more small loans to the nation's entrepbusiness credit scores in an effort to streamline the lending process, improve accuracy, ensure fairness and, most importantly, facilitate the provision of more small loans to the nation's entreprensmall loans to the nation's entrepreneurs.

The FICO SBSS score will be used for term loans, lines of credit, and commercial loans up to $ 350,000 from the Small Business Administration (SBA).

«It's true that small businesses can be riskier, but at the end of the day, what card companies are [typically] using to either approve or deny a credit card is the owner's personal credit score.

See related: Used wisely, small business cards can keep business afloat, Small business credit cards help balance capital needs, 5 ways to avoid being stung by business credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparison small business cards can keep business afloat, Small business credit cards help balance capital needs, 5 ways to avoid being stung by business credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparisbusiness cards can keep business afloat, Small business credit cards help balance capital needs, 5 ways to avoid being stung by business credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparisbusiness afloat, Small business credit cards help balance capital needs, 5 ways to avoid being stung by business credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparison Small business credit cards help balance capital needs, 5 ways to avoid being stung by business credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparisbusiness credit cards help balance capital needs, 5 ways to avoid being stung by business credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparisbusiness credit cards, Business credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparisBusiness credit scores: What they are, how to boost yours, How to keep a small business credit limit from being cut, Small business credit card comparison small business credit limit from being cut, Small business credit card comparisbusiness credit limit from being cut, Small business credit card comparison Small business credit card comparisbusiness credit card comparison chart

If you have a small business that doesn't have a very good credit score, Capital One makes it easy for you to use this card and build your business credit without having to pay any annual or monthly fee.