Founder and CEO of CreditHub , an award-winning high-tech and high-touch SaaS lending platform that helps companies to scale. getty Business credit is an important tool for any business, small or large, to access financing and grow. In the past, business credit was often tied to the personal credit of the business owner, making it difficult for businesses to establish their own creditworthiness. In recent years, however, there has been a move toward separating personal credit from business credit. This lets businesses build their own credit histories and get loans based on how well they do financially. So what does the future hold for business credit? Here are a few predictions. Increased Use Of Alternative Data Traditionally, business credit has been based on financial data such as credit card and loan history. But in the future, it’s possible that alternative data will be used more and more when deciding whether or not to give a business credit. This could include data on the business’s social media presence, customer reviews and even data on the business’s supply chain. Using alternative data can help lenders get a more complete picture of a business and its creditworthiness. It can also make it […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
