Business credit, funding, and money know-how from Ebony Credit Solutions.
There is no separate loan product called a minority business loan. Here is the real map of SBA programs, CDFIs, contracting set-asides, grants, and what actually gets you approved.
Minority Business Loans and Funding: The Real Options Read More »
Your business has a Dun & Bradstreet file whether you have looked at it or not. Suppliers pull it before handing you terms. Lenders pull it alongside your bank statements. Procurement teams pull it before adding you to an approved vendor list. Nobody tells you they looked, and nobody tells you what they saw. Consumer
Your Dun & Bradstreet Credit Report, Explained Read More »
Hard inquiries are the most feared and least understood line on a credit report. People see a list of them, assume each one carved points off their score, and go looking for a way to delete them. Most of the time, the inquiries are not the problem. The CFPB’s explanation of credit inquiries draws the
Hard Inquiries on Your Credit Report: Fix These 6 Issues Read More »
Rent is the largest payment most people make every month, and for most renters it does nothing for their credit score. You can pay on the first of the month for ten straight years and still be told you have no credit history. That is not a glitch. It is how the reporting system was
Does Paying Rent Build Credit? Rent Reporting Explained Read More »
Two businesses apply for the same credit line. Similar revenue, similar age. One gets approved, one gets declined, and the owner of the declined one never finds out why. The difference usually is not luck. It is fundability. What Is Fundability? Fundability is the overall picture lenders and credit providers see when they evaluate your
Fundability: What Lenders Check Before They Approve Your Business Read More »
Search for a business credit card with EIN only and you will find two kinds of pages. One kind promises approval with no personal credit check at all. The other is full of owners who applied, got asked for a Social Security number on the second screen, and assumed the whole idea was a myth.
Business Credit Cards With EIN Only: What’s Real Read More »
A personal guarantee means that if your business cannot pay, you pay: your savings, your credit score, sometimes your home on the line for a business debt. It is standard on most bank loans, and it is the single biggest reason owners want true EIN-based business credit. What a Personal Guarantee Really Costs Beyond the
How to Build Business Credit Without a Personal Guarantee Read More »
Every strong business credit profile starts the same unglamorous way: with vendor accounts. Before the credit cards and the credit lines come the net-30s. What Is a Net-30 Account? A net-30 account is simple trade credit: a vendor lets your business buy now and pay the invoice in full within 30 days. (Net-15 and net-60
Net-30 Vendor Accounts: The First Tradelines Every New Business Should Open Read More »
A charge-off is one of the most misunderstood lines on a credit report. People see the word and assume the debt was written off, forgiven, or closed out. It was not. A charge-off is an accounting decision the lender made about its own books, and it says nothing about whether you still owe the money.
Charge-Offs on Your Credit Report: Fix These 5 Issues Read More »
Most business owners find out about business credit the hard way: a bank denial. You have revenue, you have customers, and the lender still says no, because on paper your company has no credit history of its own. Business credit fixes that. What Is Business Credit? Business credit is a credit profile built under your
What Is Business Credit and Why Your EIN Needs Its Own Score Read More »