Just like when business owners have good personal credit scores, a good credit score for your business can help you qualify for funding with just about any business lender.

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Starting a new business for some entrepreneurs can be hard when times are rough. This is especially for business owners looking to get their business off the ground. But it can be even tougher for business with bad credit. So you need funding!

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Raising money for your startup or new business venture might feel a little overwhelming. It takes time to build up funds to start a new business. But you don’t have to feel you have to use your equity to fund your new business.

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Top industries, according to the Alabama Department of Commerce, include automotive and aerospace. The state is also known for agriculture and forestry products, along with bio science and chemicals, and metals and advanced materials.  

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One of the main reasons why a small business will fail is because the entrepreneur did not engage in any (or sufficient) strategic planning. And the biggest area for business planning is in the area of marketing.

Does your target market share align with your financial projections? Or are you just winging it?

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Enjoy a reward for your excellent personal credit management—the Credit Suite Credit Line Hybrid is one of the best business loans that any company can get—and not just startups can benefit.

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Small business loans are a necessity. But you need to think creatively when you have no revenue.

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