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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
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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

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. 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! 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 102
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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.