New comment by kenranosa in "Ask HN: Who wants to be hired? (December 2020)"

Location: Makati, Philippines

Remote: Yes, experienced remote worker.

Willing to relocate: No

Technologies: Javascript, Java, Python

Résumé/CV: https://bit.ly/33VAOT2

Portfolio: http://www.kenranosa.com/

Email: ken.ranosa@gmail.com

Hi Everyone! I am looking for a 100% Remote Global Test or Software Engineering Job. Timezone wont be a problem as I can easily adjust, and I can start immediately. If you have open positions. Dont hesitate to email me. Cheers!

The post New comment by kenranosa in “Ask HN: Who wants to be hired? (December 2020)” appeared first on ROI Credit Builders.

New comment by pknerd in "Ask HN: Freelancer? Seeking freelancer? (December 2020)"

SEEKING WORK | PK
Remote: Yes

Technologies: Web Development(Laravel, Flask, Django). ETL(Airflow, Bonobo, Spark). Web Scraping(Beautifulsoup, Selenium, Scrapy).

How can I be helpful? You could hire me for the following but not specific to it:

Code/System optimization: I could help to improve your system/website performance by checking code, Db Queries and Db itself. For websites, I can help to see what requests are unnecessary and how to minimize them and Db management.

Web Development: I am quite comfortable in Laravel and Flask but could also work in Django.

Product Development: I could take care of entire product development cycle.

ETL/Optimization: I can help in Data Scraping, writing data/ETL pipelines and automation tools to make your life easier.

Code Janitor/System Optimization: I can help you to improve both front/backend system speed, refactoring old code. Porting old code to new version. I am mainly focusing on PHP at the moment but could deal with Laravel as well.

Website: http://adnansiddiqi.me/

Resume: http://adnansiddiqi.me/Resume2020.pdf

Blog: http://blog.adnansiddiqi.me

Email: kadnan@gmail.com

New comment by joa512 in "Ask HN: Who wants to be hired? (December 2020)"

Location: London, UK

Remote: Yes (have experience)

Willing to relocate: Yes (UK and US citizen)

Technologies: Python, C, C++ (Proficient)

Résumé/CV: https://johnoakuwanu.github.io/webcv/OAkuwanu_John_CV.pdf

Website: https://johnoakuwanu.github.io/webcv/

Email: johnoakuwa@gmail.com / joa512@york.ac.uk

Sirum (YC W15 Nonprofit) hiring many roles to make medicine more affordable

Article URL: https://www.sirum.org/about/#careers Comments URL: https://news.ycombinator.com/item?id=25333998 Points: 1 # Comments: 0 The post Sirum (YC W15 Nonprofit) hiring many roles to make medicine more affordable appeared first on ROI Credit Builders. The post Sirum (YC W15 Nonprofit) hiring many roles to make medicine more affordable appeared first on Get Funding For Your Business And Ventures. … Continue reading Sirum (YC W15 Nonprofit) hiring many roles to make medicine more affordable

Need Funding? Our Credibly Recession Financing Review Can Save Your Business

Get the Funding Your Business Craves with Our Credibly Recession Financing Review If you’ve been looking for a Credibly recession funding review, then look no further. Credibly is one of several online lending companies. They are actually an emerging Fintech platform. They also provide SBA PPP loans. Credibly can provide small business funding for working … Continue reading Need Funding? Our Credibly Recession Financing Review Can Save Your Business

New comment by kenranosa in "Ask HN: Who wants to be hired? (December 2020)"

Location: Makati, Philippines

Remote: Yes, experienced remote worker.

Willing to relocate: No

Technologies: Javascript, Java, Python

Résumé/CV: https://bit.ly/33VAOT2

Portfolio: http://www.kenranosa.com/

Email: ken.ranosa@gmail.com

Hi Everyone! I am looking for a 100% Remote Global Test or Software Engineering Job. Timezone wont be a problem as I can easily adjust, and I can start immediately. If you have open positions. Dont hesitate to email me. Cheers!

The post New comment by kenranosa in “Ask HN: Who wants to be hired? (December 2020)” appeared first on ROI Credit Builders.

New comment by kenranosa in "Ask HN: Who wants to be hired? (December 2020)"

Location: Makati, Philippines

Remote: Yes, experienced remote worker.

Willing to relocate: No

Technologies: Javascript, Java, Python

Résumé/CV: https://bit.ly/33VAOT2

Portfolio: http://www.kenranosa.com/

Email: ken.ranosa@gmail.com

Hi Everyone! I am looking for a 100% Remote Global Test or Software Engineering Job. Timezone wont be a problem as I can easily adjust, and I can start immediately. If you have open positions. Dont hesitate to email me. Cheers!

The post New comment by kenranosa in "Ask HN: Who wants to be hired? (December 2020)" appeared first on ROI Credit Builders.

The Advanced Guide to Facebook Watch

In 2017, Facebook launched its answer to the burgeoning streaming video market: Facebook Watch. Through Watch, users could view both scripted and live video from professional networks, brands, influencers, and everyday people.

Facebook released Watch to a limited group of users, and for that first year, it flew pretty much under the radar. In 2018, they launched it globally, and the service took off like a rocket.

By 2019, Watch had 270 million monthly users, and by 2020, that number had shot up to over 1.25 billion, according to Facebook.

I covered Facebook Watch in a previous post when it initially launched. Since then, they have expanded their content offerings (even getting into the music space!) and added a ton of features for brands and marketers.

In this post, I’ll dive deep into how to use Facebook Watch for marketing, now that the platform has matured.

Content on Facebook Watch

Facebook is still experimenting with different content types by adding, subtracting, and tweaking to find the right balance for their platform. In 2019, Facebook’s head of global creative strategy Rick Van Veen told Variety,

We’re still figuring it out and learning. When you start a new platform, you’re going to have to throw a bunch of stuff at the wall and see what works and what doesn’t.

Scripted Content

Facebook Watch Original Series

Facebook’s scripted content can be found under the Show tab. This section is where they’ve entered the ring with the likes of Netflix, Apple+, and Hulu. Here, users can find everything from comedies to critically acclaimed dramas to reality and talk shows.

“Red Table Talk,” for example, is a popular show starring Jada Pinkett Smith, where she brings on guests to discuss sensitive topics such as divorce and gender identity. Meanwhile, Mike Rowe of “Dirty Jobs” fame stars in “Return the Favor,” which won a Daytime Emmy.

Facebook Watch Red Table Talks

However, they’ve recently scaled back on their scripted content, canceling some of their popular shows in favor of live and sourced content from brands and users.

Live Content

Facebook Watch Live Video Content

Facebook Live predates Watch by a year. When Watch launched, however, Live was bundled in with the rest of the video content.

Types of videos on Live range from U.S. Senate committee hearings to live author readings and skiers showing off their tricks.

Small businesses have also rushed to Live, creating events and classes to increase revenue.

Music Videos

Facebook Watch Music videos

In August 2020, Facebook launched its new music discovery platform, Facebook Music. Here, users can explore videos by genre, trending topics, artist, and even mood. Currently, the app is only available in the U.S., India, and Thailand, but it’s already garnered a lot of attention.

For instance, Katy Perry debuted her music video “Smile,” the title track of her fifth album, on Facebook Watch.

How Facebook Watch Works

When you create a video on Facebook Watch, whether it’s a live event or a scripted show, you upload it to Facebook using their Creator Studio.

The Creator Studio is the hub for all of your business content for Facebook. From here, you can bulk upload videos, crosspost to different pages, schedule posts, consolidate engagement, and monetize. You can also use their in-depth analytics tools to monitor your content.

Facebook Watch Creator Studio Dashboard

On the videos you upload, Facebook places mid-roll ads. Forty-five percent of the revenue from those ads goes to Facebook, while the remaining 55 percent goes to you.

Helpful Hint: Facebook prioritizes longer videos (3+ minutes) and content that engages the audience and sparks conversation. They’re looking for content creators who respond to user comments and pin the best comments to the top of the feed.

How Your Business Can Benefit from Using Advanced Facebook Watch Features

In France, according to Facebook, national broadcaster M6 began creating videos for Watch. Their one-minute video views more than doubled in nine months and they acquired 6 million new follows organically.

Here in the U.S., says Facebook, Buzzfeed has increased their revenue by creating videos over three minutes across their Tasty, Goodful, Nifty, BringMe, Cocoa Butter, and Pero Like pages.

“We moved quickly and increased our payout from total in-stream ads by 20% compared to the previous half,” Maycie Timpone, Executive Director, Video & Publishing at BuzzFeed, told Facebook.

Facebook Watch has become a powerful tool in marketers’ pockets. Let’s take a look at a few ways Watch helps you increase revenue and attract new followers.

Hyper-Personalized Content

Facebook is all about personalized content, and Facebook Watch lets you upload videos right to your target audience. Your videos will also appear in specific categories, such as “Shows Friends Are Following.”

Facebook will also categorize your videos by genre, topic, and even mood.

Recently, Facebook introduced Topics to mobile users. Topics allows users to further customize their video feed by choosing categories that interest them.

Facebook Watch Topics

Show Pages

Proper Tasty on Facebook Watch

Show pages allow users to interact with show creators and fans. They can leave comments, ask questions, or even engage in interactive video content. Just like any other Facebook page, they can like, follow, and share pages with friends.

Real-Time Engagement

This feature is particularly helpful with live video. Viewers can react to, share, and comment on a video in real-time.

Real-time engagement is a great opportunity to get initial feedback on your video and engage with your audience by asking and answering questions and becoming part of the conversation.

Facebook Watch Parties

Facebook’s number one goal is to bring people together. It’s why they added groups a few years back, to allow people with similar interests to find each other.

With Facebook Watch Parties, viewers can bring a group of friends together to watch videos and chat about them in real-time.

Video creators can make content tailored to watch parties to boost engagement.

Playlists

Playlists allow video creators to group videos and post them to their pages. Videos play consecutively to boost views.

Marketers can use playlists for video series or to group videos by topic.

Optimizing Your Facebook Watch Videos

You may be creating killer content for YouTube already, but optimizing Facebook Watch videos is a little different. Here are some tips for getting the most out of your Facebook video content:

First, Make Sure It’s Original

Pulling content over from YouTube or even your website won’t work for many reasons. First, the aspect ratio may be wrong (more on that next). Second, original content exclusive to Facebook will keep people coming back, allowing you to take advantage of Facebook’s monetization tools.

Pay Attention to Aspect Ratio

Facebook gives video creators specific aspect ratios for all pages on both Facebook and Instagram.

You’ll want to follow those guidelines, but in general, make sure your video is shot for mobile. The vast majority of Facebook users access it via mobile, and more than half of ad revenue comes from mobile-first video ads.

Add Captions

Eighty-five percent of videos on Facebook are watched without sound. So, adding captions to all of your video content will naturally boost engagement.

Include a CTA

When you upload a video, Facebook allows you to add a CTA at the end. Whether it’s an invitation to watch more videos, check out a product, or simply like your page, adding a CTA can increase engagement and even boost conversions.

Beyond the Basics: Advanced Uses and Features of Facebook Watch

Recently, Facebook has added a bunch of cool new features that marketers can take advantage of. Let’s take a look at them.

ThruPlay

ThruPlay is a default setting and one you should keep on. With ThruPlay, if your video is shorter than 15 seconds, it will post it to users who are more likely to watch the whole thing. If it’s longer than that, it will deliver it to users who generally watch videos longer than 15 seconds all the way through.

Paid Online Events

Paid online events are a function of live video and have become an essential tool for businesses. Brands can create, host, and promote an event all in one place. They can also set a price and collect payment easily.

Helpful Hint: Facebook normally collects a fee for a paid online event. At least until August 2021, however, they have waived their fees.

Fan Subscriptions

Creating the ability for fans to subscribe to your video page boosts engagement. It also allows you to foster customer loyalty through exclusive offers and content for subscribers.

According to Facebook, it also allows you to predict revenue monthly.

Stars

Another feature is Stars, a tool that allows fans to support your work. Users can purchase stars to send to you. For every star a fan sends to you, Facebook gives you 1 cent.

(Think “Ralph Breaks the Internet” and the hearts he had to earn on his videos.)

The more you engage with users, the more likely they are to send you stars.

Facebook is still rolling out this program to a limited number of users, but you can sign up to show your interest.

A/B Testing Tools

On the back end, Organic Video Post Testing allows video creators to test between two and four variations of a video at a time. Videos are distributed to your target audience, but they’re not posted to your page. The video with the most engagement after a period of time is then posted to your page automatically.

In-Stream Ads

According to Variety, Facebook takes in 22 percent of U.S. digital ad spend. Before Watch, ads that appeared in newsfeeds and the right rail kind of got lost in the mix, right?

However, as pointed out previously, ads that would usually get lost in Facebook feeds get a lot more attention when they appear in the middle of a video.

Mining Audience Data from Your Facebook Watch Viewers

When it comes to analytics, Facebook Creator Studio is a veritable treasure trove. Here are some of the cooler stats you can mine from your dashboard:

Views

There are so many different ways you can parse these metrics. For example, if you want to see the number of minutes viewed, you don’t have to settle for a lump sum. You can break it down by minutes viewed on your page, in shared posts, and crossposts.

You can also see how many views were over three seconds long or how many people viewed the whole video, depending on what comes first.

You can also filter by auto-played vs. click-played and paid vs. organic.

All of the views are measured over a 28-day period.

Audience Engagement and Retention

To get a quick overview of your posts, you can look at the number of reactions, comments, and shares for videos with at least 100 views.

Facebook Watch Post Engagement

You can also go way beyond that. You can see audience demographics, and you can filter by fans and non-fans to know who you’re truly reaching.

If a video is performing well, you can choose to boost it right from your dashboard.

To dig even deeper into each video, Facebook shows your viewer retention through the entire length of the video. Line graphs like this one show you exactly where viewers dropped off in your video so you can make adjustments.

Facebook Watch Video Retention

What’s really neat: when you hover over the line graph, each point of the line displays your video’s corresponding frame.

Finally, you can measure each post against other posts to assess which types of videos and content are working well (or not) for you.

Negative Feedback

Just as important as the positive metrics are the negative ones. Facebook can show you negative comments, as well as how many times people hid your video from their feed or reported it as inappropriate.

Click-Throughs

Finally, Facebook can differentiate between clicks to play your video, clicks on links embedded in your video description, and clicks on your CTA.

Increasing User Engagement Via Facebook Watch (and Why This Matters!)

We’ve talked about all the levers you can pull with Facebook Watch, but how do you use them to increase user engagement? Here’s how to use all their cool features to do just that:

Take Advantage of Real-Time Commenting

Comments give context to all those reactions and shares, but you probably knew that. Of course, you can use them to improve your content by creating more of what gets positive comments and less of what doesn’t.

More importantly, you should be responding to comments, not only on your videos but also on your pages. Show your fans that you’re paying attention, and they will be engaged followers.

Spark Conversations

Instead of simply reacting to conversations already happening, create and direct the discourse yourself. Invite fans to comment on specific elements of your videos, share their tips, or ask questions.

If you’re a part of the Star program, this is a great way to encourage people to send some your way.

Use the Subscription Function

Subscriptions are a great way to create that velvet rope effect. Create an exclusive space for fans to get updates on content before anyone else. Offer content and giveaways for subscribers.

Make them feel special, and they’ll keep coming back for more.

Put That Mined Data to Good Use

As you’ve seen, Facebook gives you a wealth of analytics about your videos, right down to the minute viewers stopped watching your videos.

Use that information to compare and tweak content, experiment with longer or shorter videos, or introduce and keep track of new content.

Don’t Neglect the A/B Testing Functionality

While it is time-consuming to create more than one video, A/B testing multiple versions of videos will only increase your engagement, and you can’t deny how easy Facebook makes it.

Since they don’t post anything to your page until the end of the testing period (which they do automatically), you really have nothing to lose.

Conclusion

Facebook Watch has had explosive growth and attracted the attention of brands, celebrities, small businesses, and influencers. The sheer number of viewers and the amount of ad revenue on the table makes creating original content for Facebook a no-brainer.

The real trick is pulling the right levers to create engaging videos that get reactions, shares, and comments. If you can get subscriptions, even better.

Dive into your Creative Studio to look at all the advanced tools Facebook offers.

How will you use Facebook Watch to build your audience and boost your revenue?

The post The Advanced Guide to Facebook Watch appeared first on Neil Patel.

Need Funding? Our Credibly Recession Financing Review Can Save Your Business

Get the Funding Your Business Craves with Our Credibly Recession Financing Review

If you’ve been looking for a Credibly recession funding review, then look no further.

Credibly is one of several online lending companies. They are actually an emerging Fintech platform. They also provide SBA PPP loans.

Credibly can provide small business funding for working capital or small business expansion.  You can also get a line of credit through them, equipment financing, invoice factoring, and merchant cash advances.

Credibly Recession Funding Review: Background

Credibly is located online here: www.credibly.com. Their physical addresses are located in Southfield, Michigan; New York, New York; and Scottsdale, Arizona.  You can call them at: (888) 664-1444. Their contact page is here: www.credibly.com/contact.

You can email them at: customerservice@credibly.com.

Credibly Recession Funding Review: Qualification Requirements

Your company has to in business for at least 6 months at the minimum. In addition, you need to have at least $15,000 in monthly revenue. You must have a personal credit score of 500 or better.

Credibly also will want to review your most recent three months’ worth of bank statements while they consider whether to grant your application for funding.

Credibly offers $5,000 to $400,000 in funding. Get money fast – within 24 – 48 hours.

Credibly will perform a soft credit pull only to check your qualifications. But before you receive funding, Credibly will do a hard pull which will appear on your credit profile and may affect your credit score.

In addition, they will want a personal guarantee. They do not require you to provide collateral.

Credibly Recession Funding Review: Working Capital Loans

Get up to $400,000 in funding. Terms are 6 to 18 months. Pay factor rates as low as 1.15. For loans over $100,000, they want to see your most recent business tax return.

Credibly Recession Funding Review: Business Expansion Loans

Get up to $250,000 in funding. Terms are 18 or 24 months. Interest rates start at 9.99%. You must have a FICO score of 600 or better and three or more years in business. Also, you must have $3,000 or more in average daily balances.

Credibly Recession Funding Review: Fees

Pay a one-time 2.5% of the total loan amount set up fee. This fee is deducted from your proceeds. Rates start at 9.99%.

Credibly Recession Funding Review: Lines of Credit. Invoice Factoring, and Equipment Financing

These forms of funding are only available through Credibly’s network of external funding partners.

Credibly Recession Funding Review: Merchant Cash Advances

Get up to $400,000 in funding. Duration is anticipated to be 3 to 18 months. Pay factor rates as low as 1.15. Automatic remittances are tied to your receivables.

Credibly Recession Funding Review: Advantages

Advantages include a short time in business requirement. A short time to funding is also attractive.

Credibly Recession Funding Review: Disadvantages

One set of disadvantages are that they will want a personal guarantee and they will do a hard pull on your personal credit.

For startup companies and their founders in particular, who are often on some shaky financial ground to begin with, this could prove problematic. For these sorts of companies and business owners, a better choice might be to try crowdfunding or angel investing if either is possible. In that way, a business owner’s personal assets would be safer. And, their personal credit would not be affected.

A Viable Alternative – Building Business Credit

Business credit is credit in a small business’s name. It doesn’t attach to a business owner’s personal credit, not even when the owner is a sole proprietor and the solitary employee of the small business.

Hence, a business owner’s business and individual credit scores can be very different.

The Advantages

Because company credit is independent from personal, it helps to secure a small business owner’s personal assets, in the event of court action or business insolvency.

Also, with two distinct credit scores, a business owner can get two separate cards from the same merchant. This effectively doubles purchasing power.

Another benefit is that even startup ventures can do this. Going to a bank for a business loan can be a recipe for disappointment. But building company credit, when done correctly, is a plan for success.

Personal credit scores depend on payments but also various other components like credit use percentages.

But for business credit, the scores truly merely depend on if a small business pays its bills timely.

Discover our business credit and finance guide, jam-packed with new ways to finance your business without emptying your wallet. Save your money during the recession!

The Process

Establishing company credit is a process, and it does not occur automatically. A business needs to actively work to establish company credit.

Nevertheless, it can be done readily and quickly, and it is much swifter than developing consumer credit scores.

Vendors are a big component of this process.

Performing the steps out of sequence will cause repetitive denials. Nobody can start at the top with business credit. For instance, you can’t start with retail or cash credit from your bank. If you do, you’ll get a denial 100% of the time.

Company Fundability

A company needs to be fundable to lending institutions and vendors.

Consequently, a company will need a professional-looking web site and e-mail address. And it needs to have site hosting bought from a company like GoDaddy.

Additionally, company phone numbers must have a listing on 411.com. Use ListYourself to get a listing.

Likewise, the business phone number should be toll-free (800 exchange or similar).

A business will also need a bank account dedicated solely to it, and it must have every one of the licenses essential for operation.

Licenses

These licenses all have to be in the particular, correct name of the company. And they need to have the same company address and phone numbers.

So note, that this means not just state licenses, but possibly also city licenses.

Discover our business credit and finance guide, jam-packed with new ways to finance your business without emptying your wallet. Save your money during the recession!

Dealing with the IRS

Visit the Internal Revenue Service web site and obtain an EIN for the company. They’re free. Pick a business entity such as corporation, LLC, etc.

A business can get started as a sole proprietor. But they will most likely wish to switch to a type of corporation or an LLC.

This is in order to decrease risk. And it will optimize tax benefits.

A business entity will matter when it involves taxes and liability in case of litigation. A sole proprietorship means the entrepreneur is it when it comes to liability and tax obligations. Nobody else is responsible.

Sole Proprietors Take Note

If you run a business as a sole proprietor, then at least be sure to file for a DBA. This is ‘doing business as’ status.

If you do not, then your personal name is the same as the company name. Hence, you can find yourself being directly responsible for all small business financial obligations.

Plus, according to the Internal Revenue Service, using this structure there is a 1 in 7 chance of an IRS audit. There is a 1 in 50 probability for corporations! Prevent confusion and dramatically reduce the odds of an Internal Revenue Service audit simultaneously.

Any DBA should be a stepping stone to incorporating.

Starting Off the Business Credit Reporting Process

Start at the D&B web site and get a free D-U-N-S number. A D-U-N-S number is how D&B gets a small business in their system, to generate a PAYDEX score. If there is no D-U-N-S number, then there is no record and no PAYDEX score.

Once in D&B’s system, search Equifax and Experian’s websites for the small business. You can do this at www.creditsuite.com/reports. If there is a record with them, check it for accuracy and completeness. If there are no records with them, go to the next step in the process.

In this manner, Experian and Equifax will have activity to report on.

Vendor Credit

First you ought to build trade lines that report. This is also referred to as vendor credit. Then you’ll have an established credit profile, and you’ll get a business credit score.

And with an established business credit profile and score you can begin to get retail and cash credit.

These types of accounts have the tendency to be for the things bought all the time, like marketing materials, shipping boxes, outdoor work wear, ink and toner, and office furniture.

But to start with, what is trade credit? These trade lines are credit issuers who will give you starter credit when you have none now. Terms are in most cases Net 30, versus revolving.

Therefore, if you get an approval for $1,000 in vendor credit and use all of it, you need to pay that money back in a set term, like within 30 days on a Net 30 account.

Discover our business credit and finance guide, jam-packed with new ways to finance your business without emptying your wallet. Save your money during the recession!

Details

Net 30 accounts must be paid in full within 30 days. 60 accounts need to be paid completely within 60 days. Unlike with revolving accounts, you have a set time when you have to pay back what you borrowed or the credit you made use of.

To kick off your business credit profile the proper way, you should get approval for vendor accounts that report to the business credit reporting agencies. When that’s done, you can then make use of the credit.

Then repay what you used, and the account is on report to Dun & Bradstreet, Experian, or Equifax.

Vendor Credit – It Helps

Not every vendor can help in the same way true starter credit can. These are vendors that will grant an approval with nominal effort. You also want them to be reporting to one or more of the big three CRAs: Dun & Bradstreet, Equifax, and Experian.

You want 3 of these to move onto the next step, which is retail credit.

Retail Credit

Once there are 3 or more vendor trade accounts reporting to at least one of the CRAs, then move onto retail credit. These are companies which include Office Depot and Staples.

Only use your SSN and date of birth on these applications for verification purposes. For credit checks and guarantees, use the company’s EIN on these credit applications.

Fleet Credit

Are there more accounts reporting? Then progress to fleet credit. These are companies like BP and Conoco. Use this credit to purchase fuel, and to fix and maintain vehicles. Just use your SSN and date of birth on theCredibly COVID-19 Funding Credit Suitese applications for verification purposes. For credit checks and guarantees, make certain to apply using the company’s EIN.

Cash Credit

Have you been responsibly handling the credit you’ve up to this point? Then move onto more universal cash credit. These are businesses like Visa and MasterCard. Only use your Social Security Number and date of birth on these applications for verification purposes. For credit checks and guarantees, use your EIN instead.

These are typically MasterCard credit cards. If you have more trade accounts reporting, then these are attainable.

Monitor Your Business Credit

Know what is happening with your credit. Make sure it is being reported and take care of any mistakes ASAP. Get in the practice of checking credit reports. Dig into the details, not just the scores.

We can help you monitor business credit at Experian and D&B for 90% less.

Update Your Record

Update the data if there are inaccuracies or the information is incomplete. At D&B, you can do this at: https://iupdate.dnb.com/iUpdate/viewiUpdateHome.htm. For Experian, go here: www.experian.com/small-business/business-credit-information.jsp. And for Equifax, go here: www.equifax.com/business/small-business.

Fix Your Business Credit

So, what’s all this monitoring for? It’s to challenge any problems in your records. Errors in your credit report(s) can be fixed. But the CRAs often want you to dispute in a particular way.

Disputes

Disputing credit report errors generally means you mail a paper letter with copies of any proofs of payment with it. These are documents like receipts and cancelled checks. Never mail the originals. Always mail copies and keep the original copies.

Fixing credit report errors also means you precisely detail any charges you challenge. Make your dispute letter as understandable as possible. Be specific about the problems with your report. Use certified mail so that you will have proof that you mailed in your dispute.

A Word about Building Business Credit

Always use credit responsibly! Don’t borrow more than what you can pay back. Track balances and deadlines for payments. Paying punctually and in full will do more to raise business credit scores than just about anything else.

Establishing business credit pays off. Good business credit scores help a small business get loans. Your credit issuer knows the company can pay its debts. They recognize the company is for real.

The business’s EIN connects to high scores and lenders won’t feel the need to ask for a personal guarantee.

Business credit is an asset which can help your company in years to come. Learn more here and get started toward establishing business credit.

Credibly Recession Funding Review: Takeaways

Companies that do best on Credibly will be fairly new players but with relatively meteoric rises.

A business owner asking for a loan should be prepared for a hard pull on his or her personal credit scores, which will impact those scores. This is just like all hard pulls do.

If an entrepreneur does not have the wherewithal to ride out a slightly lower personal credit score for a couple of years, then Credibly is not for them.

And finally, as with every other lending program, whether online or offline, remember to read the fine print and do the math. Go over the details with care. Decide if this option will be good for you and your company.

In addition, consider alternative financing options that go beyond just lending. These include building business credit and unsecured business financing. This is in order to best decide how to get the money you need to help your business grow.

Today, we want to hear from our audience! Share your voice with us about your experiences with online lenders and give us your own Credibly review.

 

 

The post Need Funding? Our Credibly Recession Financing Review Can Save Your Business appeared first on Credit Suite.

Reverie Labs (YC W18) Is Hiring Summer 2020 Engineering Interns

Article URL: https://www.workatastartup.com/jobs/40492

Comments URL: https://news.ycombinator.com/item?id=25351292

Points: 1

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