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What Your Business Credit Report Tells Lenders

Pro Builder

It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. Before applying for a loan or any type of alternative financing, you first need to know where your business credit score stands. What Is a Business Credit Score? The Bottom Line.

Debt 52
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Does a Lien Affect Your Credit Score?

Levelset

Credit bureaus can collect public information from state and county courts, including bankruptcies. For example, Dun & Bradstreet provides three business scores: a Paydex score, commercials credit score, and financial stress score. This means a lien could potentially affect your ability to secure financing for years to come.

Lien 96
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What were the "Experts" thinking?

PSMJ Resources

Some of these problems are simply a failure of supposedly responsible individuals not following long established and fundamental financing practices. One of the basic rules in financing any purchase is that you match the length of the financing to the usable life of the assets. The simplest example is car financing.

Finance 40
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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. These have been dark days for Detroit.

Detroit 51
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Have we reached the point when the AEC industry starts redesigning fast-food menu items?

PSMJ Resources

The sector index is as follows: Multi-famliy residential (50.1), commercial/industrial (44.9), institutional (43.1), and mixed practice (40.3). The new projects inquiry score was 52.5, down more than seven points. Regionally, the ABI breaks down as follows: Midwest 48.0, Northeast 45.7, South 41.32, West 40.5.

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Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

Being Ripped-Off And Driven Into Bankruptcy! For example I am a licensed Journeyman Plumber (PL01) in Washington State, and have owned and operated successful residential remodel companies, new construction residential and commercial plumbing companies as well as service, repair and drain cleaning plumbing companies.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

It’s an excellent time to consider starting a painting company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for painters. It’s important to keep your business’ finances separate from your personal accounts. Get clear on your customers.