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Why P2P Lending Makes Complete Sense for Startups

Strategy Driven

Also, startup owners who do not have good credit but a healthy cashflow find it tough to get loans from credit unions or banks. Even with a less-than-perfect credit score , a small business can get its funds through an online lending platform. vele , the CEO of Swaper for details. There Are No Hidden Costs.

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Starting Your Own Business

Strategy Driven

While there are many technical and legal steps you need to complete to open your doors for business, this article is focused on the personal qualities necessary to be a CEO. Best financial practices are to minimize your personal expenses, reduce or eliminate debt, improve your credit score, and have an emergency fund ready.

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3 Ways To Successfully Attain Any Goal In Life.

Rich Gee Group

Ensure your credit score remains high to garner the best interest rate deal. Ensure that no unplanned emergencies arise to deplete the Z4 funding machine. Find a profitable ‘holding area’ for the funds saved that will deliver the best interest. Set up goal markers to check off during this process. Research – a.

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The most common financial mistakes graduate entrepreneurs make

Strategy Driven

Levi King , entrepreneur, CEO and Co-Founder of Nav, advises never to mix personal and business finances for the following reasons: • Separating business and personal finances helps you look legit. • It helps to achieve a stronger business credit score. • In an article for Inc., It helps with tax reporting.

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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business Review

As JPMorgan Chase’s CEO, Jamie Dimon, warned in a June 2015 letter to the bank’s shareholders, “Silicon Valley is coming.” This finding confirms what bankers fear: digitization upends business models, enabling greater competition that puts pressure on incumbents. Sometimes David can triumph over Goliath.

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Equifax and Why It’s So Hard to Sue a Company for Losing Your Personal Information

Harvard Business Review

Both houses of Congress are demanding information; Equifax’s CEO is expected to testify in the coming weeks. It is also under investigation by the Federal Trade Commission for unfair and deceptive trade practices, the Department of Justice for insider trading, and at least 32 other state attorneys general.

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Yes, Your Uber Driver Is Judging You

Harvard Business Review

Morriss is co-founder and CEO of GenePeeks. Some have speculated that aggregating customers’ scores across apps like Open Table and Uber and Airbnb could lead to a new sort of “credit score” based on how someone performs as a customer. Frei: Of course there will be a score aggregator at some point.

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