Business proprietors face enormous challenges, and failing to repay an unsecured business loan can feel like a devastating blow. Shockingly, more than half of business proprietors who default on unsecured loans risk bankruptcy within 18 months. Yet, many remain unaware of five lawful escape routes that could preserve their fiscal well-being. This c… Read More

A fascinating statistic shows that nearly eight out of ten business proprietors who receive $300k funding packages get the green light without boasting spotless credit records or significant collateral backing. How do they achieve this? They know precisely the key metrics and requirements financiers evaluate before they even initiate the applicati… Read More

It might astonish you to learn that a large percentage of entrepreneurs who successfully acquire funding at the $300,000 level manage to do so without having top-tier credit and readily available collateral. The difference-maker lies in one thing: They possess a deep understanding of what banks and lenders are truly looking for well in advance of s… Read More

Nevertheless, they feature personal risk, have greater premiums and could cause probable harm to your credit If your business fails.Erica Seppala Erica has become composing about small business finance and technological innovation because 2008. She joined Merchant Maverick in 2018 and focuses on exploring and reviewing business application, economi… Read More

Your business might be silently undermining your personal credit score, and you might not even be aware of it. A staggering over 70% of small business owners lack knowledge of how their business credit decisions impact their personal finances, potentially resulting in significant expenses in increased loan fees and blocked financing opportunities.S… Read More