Access to business loans is a cornerstone of small‑business growth, but the way you structure that financing can be just as critical as securing the funds. One issue we see often at Mower Finance is confusion around how business borrowing affects personal credit. Many entrepreneurs believe that signing a personal guaranty automatically puts their personal…
When it comes to financing, keeping commercial agreements in the name of your business—not your personal name—is essential for protecting both your company and you. Advantages of Applying in the Name of Your Business How to Be Sure You are Applying in Your Business’ Name Not all agreements are what they seem. A contract could…
In my 25 years of helping businesses arrange growth financing, I’ve helped many clients with storied credit. As the Commercial Team Leader at Mower Finance (powered by Terrace Finance), I have had customers for whom I have secured financing in the past suddenly come to me with a drop of 150 points or more in…
