(Don't get us wrong, though; if
you want strong business credit, don't pay bills late!)
Not exact matches
Although a
strong business credit profile isn't a guarantee you'll get the financing you might
want, it will provide additional options unavailable to a
business with a poor
credit profile.
Banks
want to see borrowers with good personal
credit, a
strong business and a low debt service coverage ratio.
Either way, you'll
want to keep tabs on your personal and
business credit scores, to make sure they are as
strong as possible — and stay that way.
One other friend of mine left he was in the real estate space wrote a book with with a major publishing house and then a few years later stopped he left real estate and went into a really
strong personal development
business and the publisher went up well you're not promoting this book anymore and they took his book word - for - word and put somebody else's name on the cover of it and just put a new introduction on it no
credit to anybody he had worked because he had two co-authors help him with it because he's dyslexic so they essentially were the ones that wrote it and he provided a lot of the content and the publisher gave those other authors no
credit took his name off and put somebody else's name on the front and then the publisher was 100 % within their rights to do it so you know there's a lot of things that I challenge people to kind of think about what's important and if you're putting all your expertise into this book you
want to make sure that somebody's negotiated a heck out of it giving you a contract that actually makes sense for you and your
business.
Banks
want to see borrowers with good personal
credit, a
strong business and a low debt service coverage ratio.
Although a
strong business credit profile isn't a guarantee you'll get the financing you might
want, it will provide additional options unavailable to a
business with a poor
credit profile.
Either way, you'll
want to keep tabs on your personal and
business credit scores, to make sure they are as
strong as possible — and stay that way.
Lenders will normally
want to see borrowers with
strong personal and
business credit scores and financially health
businesses.
If you decide to follow a lifelong dream to start your own
business at a time when your peers are retiring, you'll
want strong credit.
Yes I agree that LC does not verify 100pct of their borrowers, and do also understand the same applies to
credit card borrowers from banks, and I certainly would
want LC to verify all, along with having a much
stronger collection process to go after the pay once, then default mentality crowd, yet am cognizant of the fact that there will be crooks in every
business, and perhaps the government should be a lot tougher on fraudsters, borrower frauds, and much tougher on scammers.
The Spark Classic for
Business is aimed at those who want to start earning rewards for their business expenses but who have not yet established the strong credit history necessary to qualify for more lucrative reward
Business is aimed at those who
want to start earning rewards for their
business expenses but who have not yet established the strong credit history necessary to qualify for more lucrative reward
business expenses but who have not yet established the
strong credit history necessary to qualify for more lucrative rewards cards.