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The $10,000 Question: Deciphering Lenders’ Monthly Revenue Requirements

Uncover the key reasons why lenders set a $10,000 monthly revenue threshold for business loans in 'The $10,000 Question.' This engaging article demystifies lenders' rationale, highlighting the significance of this revenue benchmark as an indicator of business viability, stability, cash flow competence, market acceptance, and debt servicing ability. Packed with practical tips for businesses not yet at this revenue level, the piece offers insights into growth strategies, financial management, and alternative funding options. Ideal for entrepreneurs and business owners, this read provides valuable guidance on achieving and surpassing this crucial financial milestone.
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How to Use Debt to Build Wealth

Often, when you are trying to get growth financing for your business, you'll be asked for your personal credit score – which needs to be 680 or higher for most qualifications. But what if your score is lower? What can you do to quickly build up your personal credit so that you can grow your business? Adding a credit tradeline to your report might be the short-term solution you need. Credit tradelines are an unconventional, but relatively common method of building up your personal credit. Whether you already have good credit and want to improve it by adding another tradeline, or you just need a boost before applying for a business loan or other large purchase, credit tradelines can get the job done, and this article will show you how.
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Credit Card Tradeline 101: What You Need To Know

Often, when you are trying to get growth financing for your business, you'll be asked for your personal credit score – which needs to be 680 or higher for most qualifications. But what if your score is lower? What can you do to quickly build up your personal credit so that you can grow your business? Adding a credit tradeline to your report might be the short-term solution you need. Credit tradelines are an unconventional, but relatively common method of building up your personal credit. Whether you already have good credit and want to improve it by adding another tradeline, or you just need a boost before applying for a business loan or other large purchase, credit tradelines can get the job done, and this article will show you how.
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What is a business bank account, and how do you use it responsibly?

Imagine the feeling of being on top of your finances, knowing exactly how much money you have in your account and where it came from. If you're a business owner who wants to take charge of your financial world, using a business bank account to separate personal funds from business funds is an excellent way to do so. In this article, we'll show you how to open one and use it responsibly.
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yOUR LENDER CHEAT SHEET FOR GETTING APPROVED

Avoid getting denied for funding! Follow this 23-point checklist to get your business pre-qualified with no personal guarantee!