BlackWood NJ (PRWEB) April 10, 2013
Hawkeye Management announces How Personal and Business Credit affects your Business: The Business Finance Lounge’s Credit Report. The small business loans and working capital company has compiled together the best blogs from the Business Finance Lounge on credit both business and personal. The whitepaper is insightful and educational for small business who are seeking financing for a business the right way.
When starting, building, or growing a business, small business owners have two options in obtaining small business financing. One way to obtain capital that small business owners can use to finance a business is by surrendering a portion of the business to an investor or investors, or giving up an equity stake. Of course another option to obtain capital is to borrow or obtain debt financing. As it relates to debt financing there is both secured and unsecured financing. Debt financing is the low cost means of financing a business; however, when it comes to debt financing your business and personal credit profile becomes vital.
The root of the problem is that small business owners rarely borrow money the right way and this is so common because nobody trains small business owners on the right and wrong ways to obtain financing. When small business owners do things like using the wrong credit cards they will damage their credit profiles, limit the small business and small business owner the ability to get additional financing, miss out on tax benefits, fail to separate personal & business credit, etc.
To read more on the right ways to obtain financing and how a small business owners business and personal credit affects the businesses ability to receive the right financing click here to get the free Whitepaper “How Personal and Business Credit affects your Business.”
Hawkeye Management connects entrepreneurs and small business owners with $50,000 - $150,000 or more in freely spendable business credit lines. Hawkeye Management understands the mechanics and realities of small business credit better than anyone. Hawkeye Management knows what works, what doesn’t work, and how small businesses can get the credit it needs as quickly as possible.