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Navigating Business Credit Scores: Impact on Small Business Loan Options

For small business owners seeking financing, the realm of business credit scores holds significant importance. These scores influence the availability and terms of loans. The landscape is further complex due to the diverse business credit agencies, each with its scoring model. Let’s shed light on the interplay between business credit scores, different credit agencies, and …

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What do rising interest rates mean to small businesses?

The Takeaways: The Federal Reserve is planning to increase interest rates in order to fight inflation. Already, there have been several increases to the Fed Funds Rate. This is the determinant in the cost of borrowing between banking institutions. Although it doesn’t have to be directly correlated to business or personal financing costs, it does …

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