Toya Harris

Merchant and revenue advances are becoming increasingly common in the business funding arena. These are just like cash advances in the consumer world. They are much easier to secure than loans and credit lines. In most cases you can get approved with no business financials being provided, including no tax returns.

ChexSystems is an information sharing network for banks, to help banks screen account applicants.

Keep your business credit and finances separate from your personal credit and finances to the greatest extent possible. It should go without saying: mixing the two can mess up both your business life and your personal life. So keep these two financial worlds separate.