The 10 Greatest Myths about Credit Repair

In past posts we have written about how to finance your dream franchise. In many cases, franchises are too expensive to finance in full from out of pocket. That’s where the need becomes apparent for some sort of franchise funding. What most people don’t know about business funding of any kind, is that the amount of credit that will be proferred to a borrower is predicated upon the following 3 items:

Whether they own or rent
What kind of income they make
Their credit rating
While the first two are more or less set in stone, the third factor as many of you know, is variable. Particularly after the tumultuous past couple of years that have seen the banking industry teetering on the brink of insolvancy due to uncollected debt, consumers looking for a loan with a credit score of below 700 for the most part need not apply. For those of you that fall into that category at present, do not lose heart, because there are ways of increasing substandard credit scores. Of course, the most important thing is to understand what does and doesn’t work. To help you navigate the sometimes turbulent waters of credit reporting, below are the 10 Greatest Myths about Credit Repair.

Top 5 Considerations for Startup Business Loans

If you want to start your own company it will take a little money to get started and on your feet. Banks put many things into consideration when you ask them for money for startup business loans. Here are five of the most important considerations when you want money from a bank for a loan for your new company.

5 Ways to Fund Your Dream Business

You’ve taken the time to research the franchise scene and have chosen a business that suits your personality and abilities to a tee. Now for the hard part…coming up with the financial wherewithal to get the business started. If the dream of owning your own business has stalled at the five yard line, allow me to show you five ways to raise money that don’t involve begging friends and family for a handout.