Financing To Start A Business

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Some Truth About Credit
By Darrin F. Coe, MA

Credit is currently and has been historically an integral component of our economy. Credit contributes to a person's net worth, and financial power. No matter who you are or what type of business you are considering, credit is a vital component to be considered when developing your business idea and business plan.

Your credit history and status will always be a factor when lenders consider financing your entrepreneurial endeavor. No matter what type of loan, even loans for those who may struggle to acquire traditional financing, such as the SBA funded micro loan, will consider credit as one of the underwriting factors.

Because your credit history and status greatly impact your banka...
[ Read Article ]

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In the News

Business community embraces stadium
Voters in the Richmond County Democratic Party's July straw poll might have rejected the idea of a baseball stadium on the Savannah River, but downtown business owners and residents who attended a meeting with Ripken Baseball officials Thursday enthusiastically embraced it. Read More ...

Commissioners debate NCC financing
The debate over the financing for a new Tannersville campus for Northampton Community College, which has roiled Monroe County's commissioners for much of the summer, exposes two different perspectives and philosophies: one is based in trust and the other... Read More ...

GE Capital and KBZ Communications Announce Floorplan Financing Agreement for Technology Resellers
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital’s Commercial Distribution Finance (CDF) business announced today that it has entered into a new agreement with KBZ Communications, Inc. to provide inventory and working capital financing to resellers that want to acquire KBZ products, including Tandberg telepresence and video equipment. As a business that will lend more than $25 billion to 36 ... Read More ...

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