Erica has become crafting about small business finance and technologies since 2008. She joined Merchant Maverick in 2018 and specializes in researching and reviewing business application, economic items, along with other matters to aid small businesses manage and increase their functions.Our information reflects the editorial viewpoints of our prof
A revealing statistic shows that the vast majority of small enterprise leaders who receive $300k funding packages achieve this despite not having spotless credit records or significant collateral backing. What's the key? They possess a deep understanding of what banks and lenders are truly looking for before they even step foot inside.So, how can
Small business owners face tremendous challenges, and defaulting on an unsecured business loan can feel like a catastrophic setback. Shockingly, 60% of small business owners who default on unsecured loans risk bankruptcy within 18 months. Yet, a majority remain unaware of five lawful escape routes that could safeguard their financial future. This c
Entrepreneurs face enormous challenges, and defaulting on 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, a majority remain unaware of five legitimate solutions that could preserve their fiscal well-being. This compr
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 are unaware of how their business credit decisions affect their personal finances, potentially leading to massive losses in increased loan fees and blocked financing opportunities.So, can a bu