Leo Kanell explains how credit inquiries can affect your business funding. For more business finance tips and advice go to www.leokanell.com
Every startup and established business and its owners and principals have to watch their personal credit extensively because if they do not then it may affect their chances at securing funding for their business.
That said, Leo Kanell explains how credit inquiries can affect your credit score as well as your ability to get secured loans and unsecured loans. Whether you are looking to secure $5,000 or $500,000 you have to be aware of your credit score and credit inquiries. An additional item to pay attention to is whether a lender is doing a soft credit pull or hard credit pull. Since Leo Kanell has helped to secure over $120 Million in funding for his clients he has seen thousands of credit reports and how they affect securing funding.