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Fast and Easy Credit Lines and Business Loans for Dentists

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Business Loans for Dentists

Are you planning to expand or relocate your dental practice?

Do you need to upgrade equipment, systems or technology? business loans for dentists

Nothing will cripple a thriving dental practice faster than having cash flow problems. If you need a business loan or line of credit for your dental practice to fund cash flow, hire additional staff, or obtain new equipment then this post is for you.

The good news for over 90,000 dentists across the U.S. is there are a variety of funding options available that even cater to specific challenges that many dentists may be facing today.
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Dun & Bradstreet Update: Big News, Big Data, Big Teamup

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Dun & Bradstreet Update

On April 27th, 2015 Dun & Bradstreet announced that it will be acquiring Dun & Bradstreet Credibility Corporation for $320 million in cash plus an earnout of up to $30 million if certain performance milestones are met through 2018. The transaction has been approved by both boards of directors and is expected to close during May of 2015, pending regulatory approval. dun & bradstreet update

This is big news for the business credit industry. “Dun & Bradstreet has the largest commercial database, and with this combination will add a valuable patent portfolio and technology intended to fuel future product development that serves the needs of companies of all sizes,” said Jeff Stibel, Chairman and CEO, Dun & Bradstreet Credibility Corporation. “By combining two highly successful and complementary teams within one global company, we will create significant value for our customers.”

If you’re not familiar with how the purchase all came about in the first place let’s do a quick recap. Back in 2010 Dun & Bradstreet divested its Self-Awareness Solutions business to Dun & Bradstreet Credibility Corporation and entered into a data license partnership.
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Do Business Credit Cards Affect Personal Credit?

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Do Business Credit Cards Affect Personal Credit

Did you know that out of all the business credit cards available in the marketplace a small percentage report only to the business credit reporting agencies?

The good news is not all business credit cards impact your personal credit. If a card issuer only reports your credit limit, spending, revolving debt and payment history to a business credit agency then your personal credit will not be affected. do business credit cards affect personal credit

This is especially useful when making large business purchases using your business credit card. As you know credit utilization is one of the major factors that impact your FICO® scores. In my opinion, to completely separate business reporting from personal reporting, business owners should only use business credit cards that report solely to the business credit agencies.

The fact is credit card issuers have different policies when it comes to credit reporting. Now keep in mind the majority of business credit cards will require a personal guarantor so in the event that the business defaults on its payment obligations the guarantor will be ultimately responsible.
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Business Credit Protection: 3 Words That Save Thousands

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Business Credit Protection

How are you being alerted to potential warning signs of fraudulent activity in your business?

Are you being notified when there is suspicious activity or changes to your business credit scores and ratings?

How much can your business afford to lose? business credit protection

In today’s post let’s talk about a serious threat facing businesses of all sizes; business identity theft. “What is particularly disturbing about this trend is the significant dollar amounts involved. It’s not unusual for the losses to be in the mid-six figures by the time the criminal activity is detected” says Robert Strezze, Senior Risk Analyst for Dun & Bradstreet.

I’m sure you’re well aware of the hundreds of millions of records stolen from all the hacks, leaks and big data breaches of 2014. The scary fact is fraudsters are obtaining information about businesses and assuming their business identities so they can steal company assets, business credit information and client data.
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A Line of Credit for Business with Check Writing Privileges

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Line of Credit for Business

In a previous post we talked about the benefits of getting unsecured lines of credit in the form of business credit cards. With our bundled business credit card program a small business owner would get three to four of these cards issued to their company at 0% interest for the first 6-12 months. line of credit for business

Just like regular credit cards, business credit cards are a revolving line of credit. This means you can use it and repay the line as often as you wish, as long as you pay the minimum monthly payments on time and don’t exceed the card’s credit limits.

Now I don’t need to go into all the benefits of business credit cards; especially the ones we get issued to your company which only report to the business credit agencies such as Dun & Bradstreet. But every so often I get a small business owner inquiring about getting a traditional line of business credit from a bank with check writing privileges.
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