Know Your Credit Score

As a small business owner, it’s important to be up to date with your finances. has grants for Financial Assistance. A grant may be a good alternative to a loan, especially if your credit is questionable.

A credit score determines your business’ credit worthiness. So, not only does it affect your likelihood of acquiring loans, but the extension of credit lines. Furthermore, large corporations require a business credit score minimum for contracts.

According to Experian, your business credit score can influence the following:

  1. The size of the loan and interest rates
  2. Premiums
  3. The determination of suppliers extending credit terms

Your business credit score will be based on your credit, public records, and demographic information. 

If you have a poor credit score, look at grants at You will find grants for operating costs, education, equipment and more. Check out some of the following Financial Assistance grants:

Grants to USA, Canada, and International Retired Professional Boxers to Assist with Financial Hardships

Deadline: 09/15/2016

Grants to USA Individuals with Paralysis to Purchase Recreational Sports Equipment

Deadline: 09/30/2016

Grants to South Ohio Nonprofits, Schools, and Individuals for Education, Financial Assistance, and Human Services

Deadline 1: 09/30/16; Deadline 2: 12/31/16

Income Tax Credits to New York City Businesses that Relocated Operations to New York City after July 2003

Deadline: 06/30/2017

Grants to New Mexico Individuals for the Purchase of Medical Equipment for Disabled Children

Deadline: Ongoing

Grants to Nevada Individual Nursing Students to Continue Higher Education

Deadline: Ongoing

Financial Assistance to Canada Nonprofits and Businesses in Multiple Provinces to Expand Enterprises

Deadline: Ongoing

Lastly, consider crowdfunding for your financial needs. It’s free!

Crowdfunding Opportunities for USA, Canada, International Nonprofits, Individuals and Businesses

Deadline: Ongoing

It's important to know that grants are not totally a financial free for all!  The funding source will want to know your financial accountability. 

They will want answers to the following questions: Who manages the funds? What is their past experience? Who double signs the checks? What is the financial management procedure?  What amount of funds have you managed in the past? They might want to see some financial documents as well. 

So pay your bills on time and keep accurate records.

At, you will find grants for Small Business, Economic Development, and Capital Funding that you won’t find listed on MWBEzone is a sister-site of GrantWatch, the search engine that gets results. 

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