Posts

Restaurant business owners discussing their application for the Restaurant Revitalization Fund during the pandemic.

Restaurants Go into Crisis as Congress’s Restaurant Revitalization Fund Ends

Restaurants are part of the significant sectors in the economy that the pandemic robbed of business. They have struggled to stay afloat with little financial support from the federal government. However, they got relief in March 2021, when the American Rescue Plan stimulus bill came into place. The bill included a $28.6 billion Restaurant Revitalization…

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Businessmen shaking hands in an agreement during a meeting.

CreditHub Honored with Recent Win of 2021 City’s Best Award

CreditHub®, a full-service digital lending platform for businesses, received a high honor recently: The “2021 City’s Best Award”. The award was garnered in appreciation for its outstanding lending platform and exceptional service provided to businesses in need of a resource that would simplify the funding process, optimize a company’s fundability and navigate the business back…

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Alternative Funding Source To Help Make Your Next Franchise Sale Easy

3 Options That Might Work Want to simplify the process and make your next franchise sale with ease?  Help make it easy for your franchisee to buy.  How?  Remove the hassle of paying you.  Don’t let financing or funding sources be a problem.  Here are three of the most popular franchise financing options you probably…

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8 Non Obvious Cash Resources You Can Tap Into, Today, When You Can’t Get Approved For A Traditional Business Loan

Friends & family Without even trying, it’s likely this was the first business funding alternative resource that first comes top of mind for you, right? This resource is comprised of people immediately accessible to you. Perhaps, you still hang out with these folks during social gatherings, get togethers, holidays, or other special closed circle events,…

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Coin Corner Parent Guide: Three Reasons to Teach Your Child To Save

Welcome to coin corner first edition. Provide early access to education even if you are perfect with managing your finances. Every parent has a dream of seeing their kids succeed in life. The nurturing journey requires some intelligent actions at an early age. Teaching your kid to save is indeed worth it, and there are…

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How Credit Inquiry Removal Letters Work

Authorized and Unauthorized Credit Inquiries Credit inquiries do not adversely affect your credit score, but if care is not taken, it can lower it by some points. If you authorized any credit inquiry, you might not be able to dispute it or have it removed from your report. There are instances when credit inquiries are…

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Businessmen shaking hands, a concept of supporting Black-owned businesses.

Funding for Black-Owned Businesses

In the business world, black entrepreneurs have never enjoyed adequate representation in the United States history. Although they make over 12% of the country’s labor force, only 9.4% are business owners at the moment. Black-owned businesses face numerous challenges. Including lack of collateral, little to no credit history, lower net worth, as well as location. Additionally,…

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Reasons Why Your Merchant Processor Holds Funds 

A frozen merchant account is one of the most devastating things that can happen to a business. It disrupts cash flow and makes it difficult to conduct business. The majority of processing banks insert terms in their contracts to limit their customers. These terms provide them with rights to hold back funds on various grounds,…

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How Credit Inquiry Removal Letters Work

Authorized and Unauthorized Credit Inquiries Credit inquiries do not adversely affect your credit score, but if care is not taken, it can lower it by some points. If you authorized any credit inquiry, you might not be able to dispute it or have it removed from your report. There are instances when credit inquiries are…

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The Perils of Combining Business and Personal Credit

The launch of a new business can be an exciting and worthwhile accomplishment. While there are many ways to effectively operate and grow a business, establishing a separate business credit account is an important step to its success. Not doing so may prove detrimental to both your business and personal finances. While it can be…

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