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What’s a Business Credit Score Anyway? Here’s What You Need to Know

Hubspot Sales

FICO Small Business Scoring Service (SBSS). Used by the Small Business Administration (SBA) for loan approval. Scores range from 0 to 300, combining both business and personal credit history. A 2024 FDIC study found that 58% of lenders review business credit reports before making lending decisions.

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Silent Partners, Explained: What to Know About Finding a Silent Partner for Your Business

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For small business startups, enlisting the help of a silent business partner may feel like a win-win proposition. They invest their money in your business, but they don't attend meetings or make decisions. Small business startups demand long hours and heavy workloads. What Is a Silent Partner?

Investors 132
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Startup Funding: What It Is, How It Works, & 5 Tips for Landing It

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The CEO searches for investors, loans, grants, and other forms of funding to help their business grow. In those cases, investors exchange capital for equity — or partial ownership — of the company. If founders don't want to involve outside investors, they can get capital through small business loans.

Investors 119
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Startup Financing: How It Works & How to Get It

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Startup financing ranges from news-worthy venture capital rounds to credit cards, grants, and small business loans. All entrepreneurs need to raise capital at some point — whether to get their business up and running or accelerate growth. Startup financing is the capital that's used to fund a business venture.

Finance 21
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How to Become an Entrepreneur With No Money or Experience

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Make something better (or cheaper). As you go about your day, make a list of everything you use. Whether or not multiple founders actually contributes to a company's success, many venture capitalist investors believe it does. A co-founder understands exactly what you're going through and makes you feel less alone.

Investors 145
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What Is Microlending & Is it Right for You?

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This subset of individuals and small businesses falls outside of the parameters of traditional lending. For entrepreneurs whose credit or circumstances make the risk of default high, crowdfunded or peer-to-peer financing, such as microlending, offers monetary opportunities that are not available elsewhere. Grameen America.

Finance 105
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How to Start a Business: A Complete Guide for Startup Entrepreneurs

Hubspot Sales

The trick to successfully getting your business off the ground is to meticulously plan and organize your materials, prioritize properly, and stay on top of the status and performance of each and every one of these moving parts. What Is a Business Plan? A business plan is a living document that maps out the details of your business.

Finance 145