Tag: debt
COJ ban

Proposed Ban on Confessions of Judgment

We have already talked at length about protecting your small business from predatory lending practices. We have even vlogged about confessions of judgment requirements in predatory lending agreements. Now, there is movement on the legislative front in New York for preventing COJ requirements from merchant cash…

business credit services

Building Business Credit

Is your company’s business credit holding you back from the financing you need? Business credit is an important but frustrating part of having your own business. What Is Business Credit? Business credit is a lot like personal credit. Having a strong business credit score will open…

removing a tax lien

Funding Through an IRS Tax Lien Against Your Business

When your business forgets or cannot afford to pay taxes to the IRS, they can file a lien against your company. What is a tax lien? It’s a government claim on your assets over other creditors. Failing to file on time and failure to pay your…

business loans

Will I Lose Control of My Business? Is Debt-Based Financing Right For Me?

Funding Your Business The boot-strap method of financing your business—tapping into your savings, retirement, or refinancing your mortgage for all the available capital possible—can be enough to get your business off the ground, but then what? Growing businesses require more funding, and when 82% of failed…

equity based financing

Will I Lose Control of My Business? Is Equity-Based Financing Right For Me?

Funding Your Business The boot-strap method of financing your business—tapping into your savings, retirement, or refinancing your house for all the available capital possible—can be enough to get your business off the ground, but then what? Growing businesses require more funding, and when 82% of failed…

Protecting Businesses From Exploitative Lending Practices

Your small business growth relies on available cash. You understand this. Lenders understand this, and some lenders aim to take advantage of this. Lending practices with unfair repayment terms, disproportional interest rates, and high advances can not only ruin your business but also your personal financials.…

business funding

Business Credit and How to Get Funding

Invoice factoring and the amount available for funding relies on your company’s sales rather than the time you have been in business, personal credit score, or business credit score. Only 46% of businesses received the full amount of financing sought according to the 2017 Small Business…