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Minority Entrepreneurs Still Face Discrimination When Seeking Finance

The Horizons Tracker

Equipped with business profiles that exceeded the criteria for loan qualification, the Black testers were furnished with even stronger profiles (including higher business income, longer operational history, greater funds in their accounts, and superior credit scores).

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Why P2P Lending Makes Complete Sense for Startups

Strategy Driven

Since the entire process is technologically driven, it ensures transparency and involves low operating costs and market risk. Here’s why P2P lending is an ideal business financing option for startups and SMEs. Also, startup owners who do not have good credit but a healthy cashflow find it tough to get loans from credit unions or banks.

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Understanding Gen Z in the Workplace

HR Digest

Their habits for financial management are different from those of previous generations as well. In this article, we will discuss how Generation Z’s habits differ from those of previous generations regarding finances and work ethic. Managing Gen z in the Workplace . Gen z in the Workplace. Millennials in the Workplace.

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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.

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Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

Finance is at the very heart of every business! Understanding and managing figures pertaining to your business helps to improve the survival rate of your business. Irrespective of the size of your business, correct management of your expenses can pave the way for the smooth functioning of your business.

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How CMOs and CROs Can Be Allies

Harvard Business Review

But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. After the recession, for instance, one large lender made a practice of looking for “rehab” customers whose credit suffered in the downturn but who had since managed to achieve more stable incomes.