Category: Credit Reports

SBA Report Finds Decline In Borrowing And Lending

July 30, 2012

A report of US Small Business Administration has found that Small Businesses continue to postpone borrowing in 2011. In the SBA report, it is found that lending and borrowing phenomena changed in the US and it is no longer impressive. As lending by financial institutions declined, borrowing too is on...

H.R. 4191 and H.R. 1418 Lending Acts Will Allow Credit Unions To Le...

June 29, 2012

Kurt Schrader (D-Ore.) and Steve Chabot (R-Ohio) introduced a bipartisan legislation and so it became possible to introduce in Congress the Credit Union Small Business Lending Act (H.R. 4191) It is because of this program that it is easier for small businesses to participate in the SBA Small Business Loan...

Business Credit Report Is Brief Summary of An Organization

May 23, 2012

Credit bureaus maintain businesses’ credit report just like all other form of report. Business credit report when prepared is a brief summary of an organization. It is indicative of financial position of a business and truly reflects the same. Today’s market is competitive in nature and so companies rely on...