By Walter Nunez & Yhordan Serpentini What is it like to be a small business owner? it can be exciting and scary. Exciting because you are pursuing a dream, a passion, a vision, and a skill while enjoying your flexibility. It can be scary because of the financial stress and uncertainty it may have especially […]
Small Business Ownership; Why They Grow & Fail Read More »
By Walter Nunes & Yhordan Serpentini Cash flow is the intake and outtake of cash in your business. For small business owners, cash flow is your lifeline. Your business can not operate without positive cash flow in order to pay for inventory, payroll, expenses, and other operating necessities. For this reason, it is important for
How is your Cash Flow? Read More »
By Walter Nunez & Yhordan Serpentini An experienced small business consultant will provide value by saving you time. Time is your most valuable asset. With more time dedicated to running your business, you are primed to increase your revenue and profits. An efficient small business consultant will be able to meet and/or exceed your expectations.
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By Walter Nunez & Yhordan Serpentini Over time as an entrepreneur, you’ll likely come across the terms Business Credit and Consumer Credit; however, what is the difference? Business Credit is built with your business EIN number and Consumer Credit is built with your social security number. Here are a few differences between business and consumer
The Difference Between Business and Consumer Credit Read More »
By Walter Nunez & Yhordan Serpentini What is LexisNexis? They are a credit reporting agency that does not provide data to consumers directly. Rather, they gather and provide data to various industries behind the scenes. They work with insurance companies, government agencies, financial services, debt collection agencies, and healthcare, among others. LexisNexis Information LexisNexis gets
What is LexisNexis? Read More »
By Walter Nunez & Yhordan Serpentini If you have ever tried to secure business credit at a bank, you already know how hard it can be to get approval. Once the business owner is turned down by their lender, studies have shown that they rarely look anywhere else for funding; business owners just do not
Essentials Steps for Credit Funding Read More »
By Walter Nunez & Yhordan Serpentini Did you know, as per SBA, business credit limits are 10-100 times higher than that consumer credit limits? Did you also know that every successful business has business credit? These companies, ranging from small to large, have leveraged their higher business credit limit to grow exponentially. Large corporations have
Business Credit in 3 Steps Read More »
By Walter Nunez & Yhordan Serpentini Business Financing can be challenging particularly for start-up companies. Lenders tend to be cautious, and they want to be sure you will be able to pay them back. There are several options you may seek lending which include: Traditional lenders (banks), Online Lenders, Microlenders, and SBA. 1. Meet The
What Lenders Look At To Approve You For Financing Read More »
By Walter Nunez & Yhordan Serpentini Many people do not know about the internal bank rating score that is used to determine who to loan and who to turn down for a lending product. Bank Rating is the total amount of borrowing capacity a business can get from the banking system based on each lender’s risk
What is A Bank Rating Score? Read More »
