Remove Credit Scoring Remove Development Remove Finance Remove Technology
article thumbnail

How Revenue-Based Financing Providers Are Revolutionizing Business Funding

Strategy Driven

Revenue-based financing is an excellent option for companies with consistent and recurring revenues. It also removes many risks and regulations associated with equity or debt financing. The company secured a revenue-based financing solution to accelerate its development and expand its operations.

Finance 110
article thumbnail

Understanding Gen Z in the Workplace

HR Digest

In this article, we will discuss how Generation Z’s habits differ from those of previous generations regarding finances and work ethic. Generation Z are known for being more responsible with their money than millennials, so they tend to have a higher credit score. Career development will keep both parties happy!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Start Your Own Business Online

Strategy Driven

Make use of technology and create a landing page and list down all important attributes of the product/service. It is essential to determine and list down the finances required to initiate and run an online business. Improve the credit score of the business. Determine Funding. There are multiple ways of funding.

article thumbnail

Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

Finance is at the very heart of every business! Venturing in Without a Clear Plan Starting a business without a clear plan for your finances is like walking blindfolded. Hence, it is highly advisable to develop a business plan that maps out your business finances, the business model and the nitty gritty involved in its implementation.

Finance 101
article thumbnail

Use Data to Fix the Small Business Lending Gap

Harvard Business Review

Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending.

article thumbnail

Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. These developments, while promising, are not without risks. Finance Small/medium business Technology'

article thumbnail

Use Data to Fix the Small Business Lending Gap

Harvard Business Review

Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. However, all these online models depend on developing accurate new predictive models of credit assessment, often using new sources of data.