Savings or Checking account; The difference between the two The difference between saving and checking accounts is that businesses use a personal account as a backup account while a checking account is used to manage business finances. Savings Account A savings account is best for a business’s personal use. This gives them the...Read More
The importance of registering your business in government regulatory agencies How to register a business in the Philippines and why do you need to register it with a government regulatory agency? A registered business gets a lot of benefits and advantages including access to loans, establishing a reputation with prospects, employee hiring, and supplier arrangements....Read More
The thing is, not all loan applications merit guaranteed approval. Your financial standing and credit score, among others, can easily influence how lenders assess your loan request. This is why becoming prepared is essential. Read on to discover key requirements and tips to help get your personal or business loan get approved. What are the...Read More
If you are considering applying for a business loan, you should know a few things, including the different types of loans you can apply for. Check out the different types of loans below and identify which one suits your business needs. Business Loan Specifically designed for business endeavors, business loans provide capital to businesses. They...Read More
This article will detail what a typical bank will expect from you when applying for a business loan. After reading this, you may probably determine if you’re ready to apply for a business loan and expand your resources. Purpose of Loan and Business Plan A business plan is the first step to convincing your...Read More
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