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Personal vs. Business Credit Score and When They Matter

Your business credit score is not the same as your personal credit score — but both may be important if you want to secure business financing.

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How to Connect With Customers Online & Drive More Sales

Connecting with customers online can expand your market reach and boost sales if done effectively. Learn four ways to improve your online interactions.

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Managing Cash Flow to Qualify for an Expansion Loan 

Qualifying for a small business loan to expand your business requires a different approach than taking a loan to simply maintain your business. When it comes to expansion, you can deplete cash flows each time you acquire a new company or open a new location, and it’ll take time to staff up in addition to… Read more »

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A Guide to Curtailments & How to Make Them Work For You

Curtailments in a business loan are prepayments a borrower makes to a lender to:  Lower their interest payments and save money  Decrease the amount of time they have the loan so they can raise their business credit score faster  Free up cash flow for the future sooner  Decrease the total debts owed so they can… Read more »

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Blanket Liens and Their Impact on Small Business Loans

Blanket liens are when you allow a lender to take your assets like machinery or inventory without restriction if you default on loan payments. Blanket liens can be applied to both business and personal loans. Lenders will submit a UCC-1 filing to your Secretary of State’s office to create a public record, notifying other lenders… Read more »

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When Marketing and Advertising Loans Are a Good Idea

Using a small business loan to buy advertising doesn’t have to be high-risk when you know how to calculate the additional profit you’ll make to cover the interest payment and loan amount by using the return on ad spend (ROAS) formula.    Advertising and marketing loans are not good for every situation, including industries where there… Read more »

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What Is B2B and B2C?

What is B2B and B2C, and how can you apply these strategies to your business? Learn more.

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An Easy Guide to the Section 179 6,000 lb Vehicle Rule

The Section 179 tax deduction gives vehicles under 6,000 pounds that are used for business purposes a deduction cap of $12,400 and $30,500 for vehicles over 6,000 but under 14,000 pounds.* If the 6,000- to 14,000-pound range seems better, you can upgrade a feature like an engine and you may cross the 6,000-pound threshold, allowing… Read more »

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