Entrepreneurs understand that they need to keep their business' finances in order if they'd like to obtain a business loan in the future. However, many are not aware that it's imperative to keep their personal finances in tip-top shape as well.
The Importance of Maintaining Good Personal Credit as an Entrepreneur | CateCosta.com
Posted by
CateCosta under Finance
From http://www.catecosta.com 3958 days ago
Made Hot by: centrifugePR on July 1, 2013 6:37 pm
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Comments
3952 days ago
Great points here about how things really work. In fact, another problem you can run into is an issue with collateral. Even if you have great credit, a bank may be unwilling to lend you money if you have no assets to put up and no personal money invested. Again, the concern is, If you have nothing to risk, why would the bank risk its funds? Thanks for sharing with the BizSugar community.
3952 days ago