Archive - January 2022
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Four Ways for Small Businesses to Solve Working Capital Issues
Posted On: January 26, 2022 by Falcon National Bank in: Manage your Business | Business Banking
Small businesses thrive on working capital, and managing working capital successfully is vital to a business owner. When your business has low capital, it can cause problems like a lack of cash flow, obligations to suppliers and employees, and project-related expenses. Dealing With a Change in Working Capital Always having adequate working capital on hand is a difficult task. What can you do when your working capital is already low? We'll give you four tips from the experts at Falcon...
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How Important is Your Credit Profile when Applying for a Loan?
Posted On: January 13, 2022 by Falcon National Bank in: Manage your Business | Business Banking
There comes a time for every business where you will consider a loan. You may need the additional funds for an expansion, equipment, inventory, or even hiring new talent. If you see a small business loan in the future, you may wonder about your credit score's importance. Just how important is your credit profile when applying for a loan? Follow our guide and learn more about how your credit profile plays a role. What Credit Score is Needed for Small Business Loans? There is no magic...
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