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Top 25 Small Business Banks and Credit Unions on Twitter

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Small Business Banks

 

Does your business account with your bank or credit union have an active Twitter feed?small business banks

Would you find it extremely helpful if your bank engaged with you on Twitter and answered questions and/or issues you have regarding your account?

Do you think regular updates of events, special deals, new bank products, tools, and other helpful information would be of value to your business?
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3 Business Monitoring Services That Track, Manage and Protect Your Business Credit

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Business Monitoring

Why is it so important?

First of all, before you apply for credit with a supplier or lender you should know firsthand where you stand with your reports and scores. This will give you better insight into what type of financing you may qualify for ahead of time and whether or not the time is right to apply.

Secondly, consumers are not the only target when it comes to identity theft so in order to protect your company you must keep a close eye on any unusual activity on your reports.
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The #1 Source of Small Business Lending in America (And How to Obtain It)

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Trade Lines of Credit

 

What is the largest source of capital from business to business and remains the #1 alternative to personal and small business loans? trade lines of credit

Here’s another hint.

The SBA reports it as the single largest source of small business lending in America today.

Still not sure what it is?

It’s called trade lines of credit also known as ‘vendor credit’ or ‘supplier credit’.

Did you know that trade credit is the second largest source of capital for Wal-Mart? It’s used trade credit as its largest source of capital than even its bank borrowings!
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How Even Fortune 500 Companies are Forcing Vendors to Accept Painful Terms

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Extending Credit to Customers

 

“We’re going to start paying you later because it’s better for us, so get used to it.” extending credit to customers

What would you do if a major client of yours sent you a notice like this?

I’m sure it wouldn’t be in those exact words but what would you do?

Would you put up with the new terms and late payment?

Many small business owners feel they don’t have a choice because the alternative is no business at all. And no one can afford to turn down work in this economy.
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