Blog – Page 3 – LenCred Technology: Solutions for Financial Service Providers

Business & Personal CreditJune 12, 2018by admin0

The Chase 5/24 Rule & How It Affects Entrepreneurs Seeking Capital

Business credit cards are one of the easiest, most flexible options to access funds for your company. For new entrepreneurs, it may also be one of the only options besides a microloan. The business cards are also unsecured, revolving and can come with some convenient rewards. As easy as it is to get, something like the chase 5/24 rule can keep you from some of the best credit cards for businesses.

Business & Personal Credit Small Business Financing Startup Capital Working CapitalMay 22, 2018by admin0

The Easiest Credit Cards to Get Approved for Business & Personal Expenses

The First Step: Understand the Credit Requirements Credit cards can be easy to acquire for business (and personal use). Potential borrowers must meet lenders credit score requirements. You typically need to have a fair to excellent credit history to get approved for any type of business or personal credit card. Depending on the lender, your...

Entrepreneurship Advice Funding a Business Small Business AdviceApril 23, 2018by admin0

Paying for Business Expenses with Personal Funds: Should You Do It?

In the world of entrepreneurs, paying for business expenses with personal funds is like eating the forbidden fruit. The rule is to maintain a clear divide between business and personal finances. There are extraordinary benefits of building business credit. Business owners can also have crucial consequences for relying on personal assets. Newbies sometimes don’t have a choice.

Credit Disputes Credit ReportingApril 14, 2018by admin0

Too Many Credit Inquiries in the Last 12 months? Here’s What You Can Do to Get Them Removed.

Credit Disputes 101: Removing Inquiries So, your loan application has been denied. The credit clerk informs you that a) your credit profile does not meet underwriting guidelines (your score dropped below credit score minimums), but b) you can receive a copy of your credit report should you wish to dispute the veracity of the inquiries with the credit bureaus. In...

Small Business Financing Working CapitalFebruary 19, 2018by admin0

Working Capital 101: How Much Working Capital Do I Need?

Doing your working capital homework is a great start. Every business needs it at every level to be successful. It helps you take care of all your company’s operational functions. What varies from business to business is the amount of money you need. Before applying for working capital funds, you’ll want to know how much working capital do i need. Use this guide to learn how to do the math.

Borrowing MoneyFebruary 7, 2018by admin0

The ABC’s of APR’s: How the Annual Percentage Rate Measures the True Cost of a Loan

At its most basic level, an Annual Percentage Rate (APR) is generally defined as the “current cost of borrowing.” Most would agree, though, that this definition is not terribly helpful in its attempt to explain the meaning of an Annual Percentage Rate . Fortunately, there are other definitions. For instance, an Annual Percentage Rate is also...

Consulting InvestmentJanuary 11, 2018by BoldThemes0

Why Purpose-Driven Employers Succeed

Taking seamless key performance indicators offline to maximise the long tail. Keeping your eye on the ball while performing a deep dive. Completely synergize resource taxing relationships via premier niche markets. Professionally cultivate one-to-one customer service with robust ideas.

Coaching ConsultingJanuary 10, 2018by BoldThemes0

What Does The Future Of Recruitment Look Like?

Collaboratively administrate empowered markets via plug-and-play networks. Dynamically procrastinate B2C users after installed base benefits. Dramatically visualize customer directed convergence without revolutionary ROI santo thundercats fingerstache man braid.

Business CoachingJanuary 10, 2018by BoldThemes0

Statistics You Need to Share With Your Leaders

Holistically pontificate installed base portals after maintainable products. Phosfluorescently engage worldwide methodologies with technology. Keeping your eye on the ball while performing a deep dive on the start-up mentality to derive convergence on cross-platform integration.

Consulting InvestmentJanuary 9, 2018by BoldThemes0

The 4 Most Effective Incentives for Employees

Collaboratively administrate turnkey channels whereas virtual e-tailers. Objectively seize scalable metrics whereas proactive e-services. Collaboratively administrate empowered markets via plug-and-play networks. Dynamically procrastinate B2C users after installed base benefits.

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