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The 5 Easiest Ways to Build Business Credit

Women on Business

However, if your company can build business credit, you will find yourself gaining more opportunities to access cash. Whatever you do, don’t operate your business on your personal credit. However, by getting a line of credit and paying it back promptly, you’ll skyrocket your business credit rating even more.

Dunning 186
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The Gig Economy Acts As A Stepping Stone Into Entrepreneurship

The Horizons Tracker

There is reasonable evidence to suggest that many “gig” workers are actually highly skilled individuals able to operate independently (and enjoy this freedom). There was also a significant growth in entrepreneurship in areas where there was significant variance in the credit ratings of people.

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Who Really Benefits From Ride Sharing?

The Horizons Tracker

Provision of capital The gig economy is unlike other sectors as the platforms don’t own any assets themselves or provide participants with the capital they require to operate. The author examines what impact Uber and Lyft have on car buying (and borrowing) in the cities they operate in.

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How Can You Manage Your Small Business Finances More Effectively Using Loans?

Strategy Driven

Also like other types of loans, a business owner’s credit rating can be a deciding factor in whether a loan is approved or not, and it impacts the interest rate of any loan as well. Using Loans to Automate Systems Automating repetitive operations can be important for saving you both time and money.

Finance 90
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Study Suggests AI Could Reduce Bias In Car Finance

The Horizons Tracker

New research from the University of Bath suggests that lenders in indirect retail channels, like car dealerships, could significantly boost their profits by incorporating artificial intelligence (AI) into their operations. Notably, it centered its analysis on an average customer, rather than individuals at the extreme ends of credit ratings.

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What are the Best Working Capital Loan Options in 2019?

Strategy Driven

If you are operating a start-up, you may face problems with managing the cash flow of your business efficiently and may have to rely on working capital loans. Instead, they pay for the operational costs of a business and is a good indicator of the short-term health of the business.

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Secure leadership for an insecure economy

Chartered Management Institute

Roles are often offered and operated via apps. Workers on zero-hours contracts will almost certainly struggle to get a mortgage and solid credit rating. The human touch is rapidly disappearing from the world of insecure work. Many organisations use task management software to allocate and track jobs.