Blog Posts in 2016

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  • Calculating Personal Credit Score

    Posted By Kalamata Capital LLC || 8-Dec-2016

    Credit scores use data from an individual’s credit profile to classify the individual’s ability to pay back debt. Credit scores are used in almost every lending decision. This blog will look into what categories are used to calculate a credit score in order to help people understand how to maintain a strong score. Overview In general, credit scores range between 300 and 850; scores ...
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  • How Lenders Evaluate Time In Business

    Posted By Kalamata Capital LLC || 29-Aug-2016

    Statistics show that 50% of businesses fail before reaching the five-year mark. Traditional banks are risk averse and typically err on the side of caution, avoiding loans to businesses less than five years old. In the eyes of a lender, young companies are categorized as high risk for the following reasons. Credit Profile is too “Thin” The longer a company is in business, the more ...
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  • Pokémon Go: How Small Businesses Can Capitalize on Fads

    Posted By Kalamata Capital LLC || 26-Jul-2016

    Pokémon Go is taking over and savvy business owners are seeing large spikes in sales. The cell phone application is an augmented reality game allowing users to explore local parks and landmarks to catch different Pokémon. The game was created to get people out of the house and walking around. As a result, mass amounts of customers are flooding local retail and restaurant hot spots in ...
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  • What Small Business Lenders Look For.

    Posted By Kalamata Capital LLC || 24-Jun-2016

    A General Guide to SBA Lenders Underwriting Criteria When applying for an SBA loan, there are a number of factors creditors look for to determine your companies’ ability to payback debt. Payment History and Cash Flow One of the most important factors that lenders evaluate is payment history. A company must show strong cash management by paying bills, loans, and credit cards on time because ...
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  • Building a Small Business Credit Profile

    Posted By Kalamata Capital LLC || 27-May-2016

    As large financial institutions tighten their small business lending requirements, it is important for business owners to understand how to build a strong credit profile. Benefits of Building Credit for a Small Business Creating a small business’ credit profile is necessary to secure the best terms of financing. A strong credit rating will qualify a business for lower interest rates, higher ...
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