A/R Finance & Factoring Terms GLossary
What isBad Credit Business Loans
If you have bad personal credit and need funds as a start-up or grow your existing business your choices are:
- Invoice Factoring as the Factoring company looks more to your business or government customer’s credit than your own.
- Crowdfunding or Peer 2 Peer Loans, again they look at your idea or product versus your personal credit.
- Microloans & Non-Profits, smaller amounts available for certain demographics and geographic areas.
- Grants, not as easy to obtain as advertised, but they do exist.
- Friends, Family ( & Fools) or the 3F’s, be careful as if your idea fails, you have ruined your relationship. Only take money from the 3F’s if they can afford to lose 100% of what they gave you.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "B"
- B2B, B2C & B2G Sales
- Balance Sheet
- Balloon Loan
- Bankruptcy
- Bill & Hold
- Bill of Lading
- Blind Shipment
- Bookkeeping
- Bootstrapping
- Borrowing Base
- Break-Even Point
- Bridge Loans
- Burn Rate
- Business Acquisition
- Business Credit Protection
- Business Credit Report
- Business Credit Score
- Business Line of Credit Requirements
- Business Loan