Articles by

Sophie Moore

Best Practices for Improving Approval Chances in a Changing Market

January 23, 2025

With evolving regulations, increased scrutiny from lenders, and competition in the financing space, securing business funding can be challenging. However, implementing a few critical best practices can make all the difference when applying for loans or lines of credit.

Expanding Trade Lines to Fuel Growth: Best Practices and Pitfalls

Business

January 23, 2025

Trade lines—credit accounts established with suppliers, vendors, or creditors—play a key role in demonstrating your business’s creditworthiness. Carefully expanding these lines can boost your purchasing power, enhance your credit profile, and free up cash flow for strategic investments. However, mismanaging trade lines can lead to negative credit impacts.

Building Business Credit: Essentials for Future Financing

Business

January 23, 2025

A strong business credit profile can open doors to better loan terms, higher credit limits, and more favorable trade lines. However, many small business owners aren’t fully aware of how their credit is established—or how to improve it. Below are key strategies to help you build and maintain solid credit for your company.

New Lending Regulations: How They Could Affect Your Approval Odds

Business

January 23, 2025

Regulatory changes often shape how financial institutions assess potential borrowers. This means that specific compliance guidelines, disclosure requirements, or capital reserve policies may directly impact your ability to secure financing. Knowing what these regulations are—and how to meet them—can streamline the approval process.

Shifting Landscape in Business Financing: What You Need to Know

Planning

January 23, 2025

IntroductionThe world of small business financing is evolving rapidly. Economic conditions, new technology, and policy shifts all influence how lenders evaluate applicants. Staying informed on emerging trends can help business owners prepare effectively and increase their chances of securing funding.

5 Things to Know Before Applying for a Small Business Line of Credit

Business

February 17, 2023

A small business line of credit can offer flexibility and the ability to borrow what you need when you need it. Understanding the terms and features, application process and alternatives is essential. By considering the pros and cons and evaluating your financing needs, you can determine if a business line of credit is the right choice for your small business.