"Explorations of the Credit Office

Many businesses fail because they are unable to access the capital that they need to survive, particularly in the first five years of establishment when banks view them as riskier because of their age.

Many business owners are shocked to find that their personal finances have such a large impact on their business's ability to access credit.

Credit scores have long been determined by a nearly universal formula known as the FICO model. This model, owned by Fair Isaac, is used by over 80% of the major banks in the US, and is the familiar 300-850 credit ranking that consumers are familiar with.

The number one reasons that business fail is due to lack of cash flow. As such, many business look into financing but which is the best for you?