Finance
4 myths about not starting a business because of funding
Myth no.1: You need a great office location. This would mean that you need a business that’s a Brick and mortar business. This requires a lot of startup capital. You have to sign
The 5 C’s of credit
When a creditor lends out its money it has to evaluate the creditworthiness of potential borrowers. Creditors would be well advised to utilise a set of guidelines such as the 5 C’s of
Small business grants for entrepreneurship
Jaheel is a young entrepreneur and is keen to take advantage of all the ways in which his business can be funded. As an entrepreneur, it’s vital to find the right kind of funding. It’s
4 reasons why the right funding for entrepreneurship is important
Funding for entrepreneurship is important, mainly because it can make starting the organisation much easier. Prior to applying for funding, it’s essential to become fundable. Becoming funding-ready is a process. It’s also vital to detail
Factors that affect creditworthiness
When an individual or business entity applies for credit, the lender has to do its due diligence by ensuring that they measure the risk of potential default by checking the credit status of
What a Creditworthiness Report Includes
As a consumer, being knowledgeable about what a creditworthiness report includes gives you the upper hand when applying for credit. A creditworthiness report is based on an assessment of
Creditworthiness- Examples of How to Maintain
Creditworthiness reflects a person’s or entity’s ability to pay a debt back. It is a way of assessing the level of risk that an individual or business presents to a
Bankrupt? Now what? Steps to Follow when Declared Bankrupt
In a world where credit has become a lot more accessible, the reality of keeping up with repayments and honouring credit agreements has often become an after-thought for many
What Credit Analysts Look for
Credit analysts are professionals who are skilled at gathering and analysing financial data, with the intention of assisting credit providers with making sound, informed financial decisions. They can
