financial health – SBA Loan Advisor

How to Use SBA Loans for Business Mergers

Understanding Business Mergers Definition and Types of Business Mergers Business mergers involve the combination of two companies into a single entity. There are various types: Horizontal mergers occur between competitors. Vertical mergers happen between supply chain partners. Conglomerate mergers involve unrelated businesses. Reasons for Business Mergers Strategic motivations behind mergers often include: Market expansion to […]

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The Impact of SBA Loans on Business Credit Scores

Uncategorized / Contrivex Team

Understanding how an SBA loan affects your business credit score is crucial for any small business owner considering this financing option. SBA loans can be a gateway to growth, but they also play a significant role in shaping your financial profile. Here’s what you need to know about the relationship between SBA loans and your

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The Importance of Business Credit Scores in SBA Loan Applications

Uncategorized / Contrivex Team

Understanding the impact of your business credit score is crucial when applying for an SBA loan. This score reflects the creditworthiness of your business, influencing not only the likelihood of receiving financing but also the terms and rates offered. Understanding Business Credit Scores A business credit score assesses the credit risk of a business, similar

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