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Credit

Understand business credit, scoring, and credit management strategies

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Small Business Bankruptcies Hit a Decade High: Why Subchapter V Filings Jumped 67% and What the $7.5 Million Debt Limit Fight Means for You
·mike

Small Business Bankruptcies Hit a Decade High: Why Subchapter V Filings Jumped 67% and What the $7.5 Million Debt Limit Fight Means for You

Business bankruptcies hit 24,737 filings in the year through December 2025 and Subchapter V cases jumped about 67% year-over-year in January 2026. This guide explains why filings are rising, how Subchapter V differs from traditional Chapter 11, what the $7.5 million versus $3 million debt limit fight means for eligibility, and the five-number dashboard that surfaces trouble months before a filing.

small-business
banking
financial-management
Building Business Credit in 2026: How Dun & Bradstreet, Experian, and Equifax Scores Actually Work, and What the SBA's SBSS Sunset Means for Your Next Loan
·mike

Building Business Credit in 2026: How Dun & Bradstreet, Experian, and Equifax Scores Actually Work, and What the SBA's SBSS Sunset Means for Your Next Loan

Business credit is not one score but three bureaus plus FICO SBSS. Learn how PAYDEX, Intelliscore Plus, and Equifax Risk scores work, why the SBA sunset the mandatory SBSS for 7(a) small loans on March 1, 2026, and how to build all three profiles before you apply.

small-business
finance
credit
The CFPB Is Reconsidering Credit Card Late Fees Again: What a Return to Tighter Limits Could Mean for Small Business Owners Carrying Card Debt
·mike

The CFPB Is Reconsidering Credit Card Late Fees Again: What a Return to Tighter Limits Could Mean for Small Business Owners Carrying Card Debt

The CFPB's $8 late-fee rule was blocked in court. Now the bureau is revisiting late fees via an advance notice — 15-day grace, 25% of minimum, and tighter immunity. Learn what small businesses carrying balances should expect.

small-business
finance
credit
FICO's New Buy Now, Pay Later Credit Scores: How BNPL Habits Could Now Help or Hurt the Personal Credit Behind Your Next Business Loan
·mike

FICO's New Buy Now, Pay Later Credit Scores: How BNPL Habits Could Now Help or Hurt the Personal Credit Behind Your Next Business Loan

FICO will include BNPL loans in two new FICO Score 10 models this fall. Learn how on-time BNPL can lift thin files by 13-21 points, how missed BNPL now hurts, and what it means for the personal credit behind your next SBA or bank loan.

small-business
finance
credit
The SBA Just Retired FICO SBSS for Small 7(a) Loans: Why Your Debt Service Coverage Ratio Now Matters More Than Your Credit Score
·mike

The SBA Just Retired FICO SBSS for Small 7(a) Loans: Why Your Debt Service Coverage Ratio Now Matters More Than Your Credit Score

The SBA retired FICO SBSS for 7(a) loans under $350K as of March 2026, making Debt Service Coverage Ratio the primary approval metric—learn how to prepare with accurate financials and bookkeeping.

sba
loans
small-business
Business Credit Card Sign-Up Bonuses Are Worth Up to $2,000 in 2026 — Here's How to Collect Yours Without Wrecking Your Books
·mike

Business Credit Card Sign-Up Bonuses Are Worth Up to $2,000 in 2026 — Here's How to Collect Yours Without Wrecking Your Books

Business credit card welcome offers now reach $2,000 cash or 200,000 points, with minimum spends of $3,000–$30,000 in three months. How to match a bonus to your real quarterly spend, understand the personal guarantee, and avoid the commingling mistakes that turn a bonus into an audit risk.

small-business
business-credit
credit
Why Small Business Loans Get Denied: Approval Rates, Lender Odds, and Fixes From the Fed's 2025 Credit Survey
·mike

Why Small Business Loans Get Denied: Approval Rates, Lender Odds, and Fixes From the Fed's 2025 Credit Survey

The Federal Reserve's 2025 Small Business Credit Survey found only 42% of applicants received full funding and 22% received nothing. Full-approval rates ranged from 57% at small banks to a 46% denial rate at large banks, and the top denial reasons — credit score (45%), collateral (36%), cash flow (33%) — are largely visible in a business's own books before applying.

small-business
loans
financing
Federal Regulators Tell Banks to Scrutinize Loans Tied to Work Authorization: A Guide for Immigrant-Owned Businesses
·mike

Federal Regulators Tell Banks to Scrutinize Loans Tied to Work Authorization: A Guide for Immigrant-Owned Businesses

On July 13, 2026, the FDIC, OCC, and NCUA directed banks to tighten underwriting on loans to borrowers without U.S. work authorization, following a June CFPB statement reversing 2023 fair-lending guidance. Here's what the guidance says, how it affects immigrant entrepreneurs and their employers, and five concrete steps to keep financing accessible.

banking
immigration
small-business
How Merchant Category Codes Control Your Business Credit Card Rewards — and Your 1099-K
·mike

How Merchant Category Codes Control Your Business Credit Card Rewards — and Your 1099-K

A Merchant Category Code (MCC) is a four-digit classification assigned to merchants by payment processors. It decides whether a business credit card's bonus categories trigger, shapes a merchant's interchange fees, and appears in Box 2 of IRS Form 1099-K — which returns to a $20,000 and 200-transaction threshold for tax years 2025 and beyond.

payments
credit
rewards
The $2.25 Million Lesson: What the RentGrow FTC Settlement Means If Your Business Runs Background Checks
·mike

The $2.25 Million Lesson: What the RentGrow FTC Settlement Means If Your Business Runs Background Checks

RentGrow paid a $2.25 million civil penalty to settle FTC allegations of FCRA violations: duplicated eviction and criminal records, an undisclosed data source, and mishandled consumer disputes. Here is what the consent order requires, and the separate FCRA obligations — permissible purpose, written consent, adverse action notices — that any business using screening reports must still meet.

compliance
legal
property-management
CFPB Regulation B Overhaul: What the End of Disparate-Impact Liability Means for Your Small Business's Credit Decisions
·mike

CFPB Regulation B Overhaul: What the End of Disparate-Impact Liability Means for Your Small Business's Credit Decisions

The CFPB's final Regulation B rule takes effect July 21, 2026, removing disparate-impact liability from ECOA, narrowing the discouragement standard, and adding participant-level documentation requirements for for-profit special-purpose credit programs — a practical guide for small-business borrowers and lenders.

small-business
compliance
credit
Business Line of Credit vs. Term Loan: How to Match the Financing to the Need
·mike

Business Line of Credit vs. Term Loan: How to Match the Financing to the Need

A term loan charges interest on the full lump sum from day one; a line of credit only charges for what you draw. This guide compares 2026 rates (bank term loans 6.8%–11%, SBA 7(a) 9.75%–13.25%, bank lines 8%–14%), qualification bars, and a three-question framework for choosing the right product.

loans
financing
credit
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