Credit

What Happens When You Hire a Collection Agency for Your Small Business?

By Dean Kaplan You have an overdue invoice and a client who won’t pay. The client is either not taking your calls anymore or you’re getting a lot of excuses. It may be time to call in a collection agency. Before sending a customer to collections, you should know what a collection agency is going …

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What is a Hard Credit Pull And Why Does It Hurt Your Credit Score

The time has come: you’re opening a new business credit card account, or perhaps applying for a small business loan. And you know exactly what’s coming: someone’s going to have to perform a credit check. Even if you have stellar credit, you panic a bit. You ask yourself, Is this going to lower my credit …

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Why Every Business Owner Needs Access to a Revolving Line of Credit

Running a business is expensive. Beyond the large costs you need to cover every month or every few weeks — your office space and employee payroll, for example — there are always small things that need to be taken care of daily. As a business owner, you know how important your cash flow is to …

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