FICO 8 and VantageScore 3.0, the most commonly used credit scoring models, have a range of 300 to 850. Each lender sets its own standards for what constitutes a “good” score. However, VantageScores and FICO of over 690 are typically considered good credit scores. Scores above 720 are typically considered…
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There are numerous approaches to back your business, including credits upheld by the Govt. and financing programs. Advances Government advance projects offer budgetary help to entrepreneurs who may experience difficulty meeting all requirements for customary bank credit. Banks and loaning foundations that take part in these projects give advances ensured…
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A key part of your marketing strategy should be to improve the financial position of your business. There are numerous angles to this and it is well worth considering all of the points below in your strategy. In the event that you haven’t effectively done as such, consider conversing with…
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If this is your first business, assessing start-up expenses is strange territory for you—and that can be terrifying. Fortunately, there are lots of resources out there for fresh out of the box new entrepreneurs. The most ideal approach to gauge your business startup expenses is by drafting a field-tested strategy.…
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Kabbage, the Atlanta-based startup that has raised hundreds of millions of dollars to build and run a money lending platform for small, online businesses, is turning over a new leaf, so to speak: today it is launching a new lending service called Karrot — its first product for consumers, is initially launching…
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Funding Circle, UK-based the peer-to-peer loans platform that recently raised $65 million for a platform that bypasses banks and lets small businesses connect with individuals for funding, is putting some of that funding to use. It has acquired a semi-stealth startup called LeapPay to speed up the turnaround time it offers…
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As payments platforms look for more ways to grow their margins and usage among businesses, they continue to push into a wider and deeper range of financial services. In one of the latest moves, eBay’s PayPal is expanding its Working Capital service to the UK. This is its first market…
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Dell now accepts bitcoin in the United States for online purchases of its products. The move is a win for CoinBase, which today on its blog announced that it was the integration partner for the personal computing company. Overstock.com and online…
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Financial leverage is an indicator of how much a business relies on debt in order to operate. Knowing how to calculate this ratio helps you to gauge the financial solvency of a business and see how dependent it is upon borrowing. Instructions Calculate the total debt carried by the company.…
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Google Finance is a free, online financial news and data service that allows you to track and review financial data. Google Finance provides news, stock market information, mutual fund data, and information about companies. The information is focused on North America and North American financial interests. Instructions Create a Google…
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