The main system in place for determining credit scores is called ® *, an acronym for Fair Isaac Credit Organization, which is the company that owns this formula.
Entries Tagged 'Trade Credit' ↓
Understanding Your FICO® * Score And Its Variances
November 10th, 2008 — Business Credit, Credit Bureaus, Equifax, Experian, Personal Credit, Trade Credit, TransUnion
Importance of Credit and Capital for Small Business
October 30th, 2008 — Business Credit, Business Credit Builder, Small Business, Sole Proprietorship, Trade Credit
Small businesses are extremely important to our culture and our economy. In fact, small businesses make up a very significant portion of our economy. The financial success of America’s small businesses lies heavily on their ability to attain credit in order to maintain their business. It is shocking that nearly all small-businesses fail in their first months or years of business. One of the primary flaws of the way people run their businesses is being lax when is comes to book keeping and cash flows. However, taking some steps to alleviate and deter credit problems can ensure a continuous supply of capital and will almost ensure business success.
