Improve Your FICO SBSS Score for Better Loan Approvals with SBA Financing

Improve Your FICO SBSS Score for Better Loan Approvals with SBA Financing

Discover how to improve your FICO SBSS score and boost your chances of getting a small business loan! In this video, we delve into the key steps you can take to enhance your business credit profile, from setting up a new business entity to managing your credit utilization. Learn the importance of maintaining accurate credit reports, building high-quality credit, and networking within a supportive community. Join us at Business Ownership Academy for more insights and support on your entrepreneurial journey. Subscribe for more tips on financing and business success!

Question: Hello, I'm looking to improve my chances of getting a small business loan and came across the FICO SBSS score. What steps can I take to improve my FICO SBSS score to increase my likelihood of loan approval? Thanks, Tom.

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

Timestamps:
00:35 Importance of a Fresh Business Entity
01:05 FICO SBSS Credit Scoring Model
01:33 Steps to Improve Your Credit Report Accuracy
02:08 Managing Credit Card Utilization
03:02 Building Quality Credit
03:21 Importance of High Credit Limits

💥 Thanks for watching 💥
#FICOSBSS #BusinessCredit #SmallBusinessLoan #CreditScoreTips #Entrepreneurship #CreditReport #LoanApproval #BusinessFinancing #CreditUtilization #BusinessOwnership

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

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