Financing Articles

Business » Financing | By Scott Letourneau @ Tuesday, 19th August 2008 @ 3:10 PM

Small businesses are extremely important to our culture and our economy. In fact, small businesses make up a very significant portion of our economy. They thrive on local business and give life to the monetary heartbeat of America. The financial success of America's small businesses lies heavily on their ability to attain credit in order to maintain their business. Recently, FICO has changed some of its rules for the credit approval systems for these businesses. It is important f... more...

Business » Financing | By Scott Letourneau @ Tuesday, 19th August 2008 @ 3:04 PM

The success or failure of a small business could very well rest on the business owners' credit scores, especially with the failure of most businesses in the first six months of the business. It is important that business owners are aware of FICO's many laws and formulas used to establish credit for their customers. This will help business owners make informed decisions about how they manage and deal with their business in order to maximize their chances for a good credit. A good cre... more...

Business » Financing | By Scott Letourneau @ Tuesday, 19th August 2008 @ 1:50 PM

Credit scores have long been determined by a nearly universal formula known as the FICO model. This model, owned by Fair Isaac, is used by over 80% of the major banks in the US, and is the familiar 300-850 credit ranking that consumers are familiar with. The credit bureaus have put out their own credit scoring formula to rival the FICO formula. This newer method of scoring is known as VantageScore, and is said by the credit bureaus to be a better assessment of risk, and just as good as ... more...

Business » Financing | By Scott Letourneau @ Tuesday, 19th August 2008 @ 1:44 PM

Many businesses fail because they are unable to access the capital that they need to survive, particularly in the first five years of establishment when banks view them as riskier because of their age. This is also when the vast majority of businesses fail. By being aware of the factors that are weighed before lending money, you can better prepare your business to successfully attain the credit needed to not just survive, but thrive. Your personal credit score and revolving debt will be an in... more...

Business » Financing | By Scott Letourneau @ Tuesday, 19th August 2008 @ 1:44 PM

Small businesses are extremely important to our culture and our economy. In fact, small businesses make up a very significant portion of our economy. The financial success of America's small businesses lies heavily on their ability to attain credit in order to maintain their business. It is shocking that nearly all small-businesses fail in their first months or years of business. One of the primary flaws of the way people run their businesses is being lax when is comes to book keeping an... more...

Business » Financing | By Scott Letourneau @ Tuesday, 19th August 2008 @ 1:35 PM

Many business owners are shocked to find that their personal finances have such a large impact on their business's ability to access credit. Revolving credit, in particular, can have an unexpected affect on any individual's ability to access new lines of credit or business credit cards for their business. In fact, your individual FICO score can factor up to fifty percent into a lender's decision to approve your business for credit or not. In order to understand how revolv... more...

Business » Financing | By John Purfield @ Friday, 1st August 2008 @ 5:58 PM

Owning your own business can lead to many challenges. Access to funds is one of them. This especially holds true for new businesses trying to establish business credit. One way to solve both problems is to get a business credit card. While this is a simple solution to get your business credit started, it's not all roses and glory. You need to keep on top of your spending habits. When using a business credit card you need to be careful about how you use it because it can lead to othe... more...

Business » Financing | By Kathryn Landry @ Thursday, 31st July 2008 @ 12:38 AM

The purpose of this article is to have private placement in securities regulation D defined so that you can understand it. Security law can be very complicated for anyone who is not a lawyer, so getting it defined in easy terms will help you understand how regulation D applies to you and your sale of equity. Private Placement in Securities Regulation D Defined, Purpose of the Regulation The primary purpose of regulation D as it corresponds to private placement of securities is to ... more...

Business » Financing | By Thomas Pretty @ Friday, 25th July 2008 @ 6:22 PM

Most people in the world of business will agree that hard work and dedication are prerequisites of success. One of the best ways to achieve success is to ensure your bank has your best interests at heart at all times. If you are looking for success stories in the world of business a great place to start is the BBC's television show 'Dragon's Den'. The board members on this show represent the ultimate of British entrepreneurial talent who have built up personal fortunes pursui... more...

Business » Financing | By Musa Aykac @ Saturday, 19th July 2008 @ 11:54 PM

Well we all know that if you are running an office business that office furniture is one of the most important aspects of setting up a good working environment. Whether you are upgrading or completely moving to a new location. State of the art office furniture is a must. If I was to walk into an office and somebody told me to take a seat while I waited and directed me to an old ripped sofa at the end of the room, I would not be very impressed. But if on the other hand the room was full o... more...

Business » Financing | By Thomas Pretty @ Thursday, 17th July 2008 @ 4:54 AM

When you own a business your choice of bank is a vital decision that needs careful deliberation. Fundamentally your bank should be more than just a place to store your finances; it should make your business operations easier and your financial situation simpler to manage. In addition, your bank should be able to offer essential information, guidance and advice on all manner of business problems. To build a fruitful relationship with your bank there are two important factors that should be... more...

Business » Financing | By Cash Miller @ Friday, 4th July 2008 @ 9:33 AM

All businesses need credit. And the process of building that credit starts in the very beginning of your businesses journey. There are different types of credit you'll develop over the life of your business. Some of the forms of business credit include secured credit lines with your bank, unsecured credit cards, vehicle leases or loans, supplier credit lines, and equipment leases. Each of these forms of credit will come with a myriad of documents for you to sign. And here is where your prob... more...

Business » Financing | By Amy Nutt @ Saturday, 28th June 2008 @ 8:29 AM

British citizens who are living permanently abroad often struggle with finding the right investment option for their retirement funds. British pension plans tend to keep the money tied up within the UK, making it difficult for the expatriate to access his or her funds. When money is made available, it is heavily taxed and is delivered in British pounds. Pounds are often not the currency of choice for those living abroad, creating a problem. The British government has recently made provisions to ... more...

Business » Financing | By Nick Makaryk @ Thursday, 12th June 2008 @ 1:46 AM

When you are just starting out in business or have decided to expand an existing business, there is usually going to be some debt involved of one kind or another. This is only to be expected and it is covered within your plan. If your business does well then the debt was a small price to pay for the future of your business. The business credit card is an ideal way to purchase what is necessary to operate a small or new business. It is almost like the line of credit given to larger and... more...

Business » Financing | By Nick Makaryk @ Wednesday, 11th June 2008 @ 10:27 AM

The use of a business credit card is not only a convenience but also an excellent way to keep an eye on your expenditure. You are also likely to be popular with your accountant too as his workload will be lightened considerably by less cash transactions when he is preparing your tax paperwork. However, whatever the reason or reasons you choose to have a business credit card, there are still things you need to know about the terms and conditions attached to such a card. For example the ... more...

Business » Financing | By Nick Makaryk @ Wednesday, 11th June 2008 @ 10:27 AM

There are many occasions when you will use a business credit card. For example you could need to buy office supplies such as ink cartridges and paper or you may wish to take a prospective client to lunch to clinch a deal. Whatever the reason, one way or another, a business credit card can help you to organize your business and ultimately lead you to success as long, of course, that it is used responsibly. Over and over again entrepreneurs and small businesses get caught out waiting for... more...

Business » Financing | By Nick Makaryk @ Wednesday, 11th June 2008 @ 10:26 AM

Whether you are a small business owner or a corporate employee traveling up and down the country, a business credit card is an essential tool for tracking and managing your expenditure. The secret to finding the best one for you is choosing one which works equally as hard as you do. Although the bank will offer you a credit card when you open a checking or savings account with them, you should not always work on the theory that theirs is the best deal. It is important that you s... more...

Business » Financing | By Cash Miller @ Sunday, 8th June 2008 @ 4:40 AM

All companies that are in the position of billing their customers and waiting to be paid have a similiar problem. Making sure their customers pay the bill. And sometimes getting them to pay the bill can be harder than getting the job done for them was. On top of everything else you need to balance the objective of getting paid with maintaining your customer relationships. Accounts receivable are money owed to your company by other companies who have purchased goods or services from you on... more...

Business » Financing | By Gav Shannon @ Saturday, 7th June 2008 @ 11:05 PM

Previous studies have shown that stock prices are moved primarily by news about discount rates (expected returns). Applying Campbell's (1991) variance decomposition framework to financially distressed firms supports this argument. The central focus of the business plan must be the Cash flow Projections for your business. These cash flow projections will indicate to the banker the cash that you expect to flow into and out of your business during the start-up months and years. T... more...

Business » Financing | By Uchenna Ani-Okoye @ Monday, 26th May 2008 @ 12:55 AM

Here's a business idea that meets all the aspirations of the American Dream. You can start small with little or no investment, develop it in your spare time, and parlay it into a $100,000 a year income - all within the next twelve months or so. Really, all it takes to move on this one is empathy for people, a basic understanding of money management, about 500 business cards, some smart advertising, and you're in business. Your greatest expense or investment, of course, w... more...