1. Character
This is your track record. Lenders want to know whether you have a history of handling financial obligations responsibly. They may review personal and business credit, payment history, and overall financial reputation.
2. Capacity
This is your ability to repay the debt. A lender will look at whether your business brings in enough income or cash flow to make the required loan payments while still covering operating expenses.
3. Capital
This refers to how much you, as the owner, have invested in the business. Lenders want to see that you have your own money at risk and that the business has a solid financial foundation.
4. Collateral
Some loans require assets to secure the debt. This can include equipment, vehicles, accounts receivable, or other business property that helps reduce the lender’s risk.
5. Conditions
Lenders also consider the purpose of the loan and the environment surrounding your business. They may look at your industry, market conditions, economic trends, and how the borrowed funds will be used.
GOALS!
Pure-Business.Solutions works to assist you in achieving your capital goals!
Access to capital is the ability of a business to obtain financial resources for growth, development, and investment. Most businesses need to access capital when they are starting or growing. It's important to consider various sources of capital depending on your business model, growth stage, and industry.
There are many options for accessing business capital which includes business credit, debt (loans) or equity (stock/ownership) financing, and lines of credit, personal savings, friends and family, venture capital, angel investors, crowdfunding, grants, revenue generation, and more...
Schedule a Consultation
Ready to take the first step toward transforming your business? Schedule a consultation with one of our experts today to learn more about our consulting services and how we can help you achieve your goals.
GOOD CREDIT OPENS DOORS
🎉 Build Business Credit with Confidence
By registering and subscribing to our services, you’ll gain access to exclusive benefits:
- ✅ Expert credit-building guidance
- ✅ Primary trade line reporting
- ✅ Custom credit strategies
- ✅ Ongoing support to help you qualify for better funding
We don’t just advise—we report.
📩 Subscribe TODAY and start building the financial reputation your business deserves.
business credit
ACCESSING BUSINESS CREDIT
Building business credit is important because it helps your company create its own credit history, allowing access to funding, better loan terms, and favorable supplier payment terms. It shows lenders and partners your financial stability, which is essential for growth and expansion, especially when seeking loans, leasing equipment, or negotiating vendor contracts. Most importantly, it safeguards your personal credit from business liabilities and enhances your company's financial reputation.
Personal Guarantee
Monitoring Business Credit
Personal credit can impact business credit: Your personal credit score may be considered by lenders when evaluating your business creditworthiness. Always make payments on time to maintain a positive payment history.
Monitoring Business Credit
Monitoring Business Credit
Monitor your business credit report: Regularly review your business credit reports from agencies like Dun & Bradstreet, Experian, Equifax, and LexisNexis Risk Solutions to identify any errors and ensure accurate reporting. A positive business credit report shows potential partners and investors that your company is financially reliable.
Building Business Credit
Building Business Credit
Building business credit takes time:
A good business credit score opens doors to loans, lines of credit, and other financing options needed to grow your business. It may take several months of responsible credit usage to establish a strong business credit score. Apply for business credit cards and use them responsibly, maintaining a low credit utilization ratio.
business Term loans vs. line of credit
Lines of Credit
Business Term Loans
Business Term Loans
A business line of credit is a flexible financing tool that allows a business to borrow funds as needed, up to a pre-approved limit, and only pay interest on the amount borrowed. You can borrow funds, repay them, and then borrow again, up to your credit limit.
- Flexible Access: You can borrow funds as needed up to a pre-set credit limit.
- Revolving Credit: You can repay the borrowed amount and then borrow again, making it a revolving credit line.
- Variable Interest: Interest is typically charged only on the amount you actually borrow, not the full credit limit.
- No Specific Purpose: You can use the funds for any purpose.
- Interest: Interest is charged on the outstanding balance.
Business Term Loans
Business Term Loans
Business Term Loans
A loan provides a lump sum of money to be repaid over a fixed period of time.
- Lump Sum: You receive the entire loan amount upfront.
- Fixed Repayment: You repay the loan in fixed installments over a set period.
- Specific Purpose: Loans are often used for specific purchases or expenses, like equipment or expansion.
- Interest: Interest is charged on the entire loan amount from the start.
- Non-revolving: Once you repay the loan, the credit is gone.
City of Los Angeles
MICROENTERPRISE RECOVERY GRANT - Round 3
Grants up to $15,000 to eligible microenterprises located in the City of Los Angeles to aid in recovery from the COVID-19 pandemic to fund operating expenses.
Application Closed December 8, 2025 11:59pm (PST)
$5,000/$10,000 for small business - Unincorporated LA County
PACE - Small Business Grant Program
PACE Grant Program provides $5,000 or $10,000 grants for small businesses located within the Unincorporated areas of Los Angeles County – District 1. CHECK ELIGIBILITY
These grants can be used to cover business expenses including payroll, rent, working capital, and inventory.
Open July 1, 2025 to May 31, 2026
DEO - Small Business Resiliency Fund Grant Opportunity
$5,000 Financial Assistance for Business Impacted by Immigration Enforcement
Are you a small business impacted by recent federal immigration enforcement activity? If so, you may qualify for $5k in financial assistance through DEO’s Small Business Resiliency Fund.
The Small Business Resiliency Fund (SBRF) is a grant program from the Los Angeles County Department of Economic Opportunity (DEO) that provides up to $5,000 in financial assistance to small businesses that experienced loss of workforce, property damage, decline in customers, economic disruption, or revenue loss due to immigration enforcement actions that occurred starting June 2025. This support is intended to help businesses recover from unexpected events that interrupted their operations. Use of funds include: rent, payroll, equipment repairs, inventory replacement, and recovery expenses.
Must be headquartered and operating in Los County before 6/1/2025, have gross revenues NOT exceeding $6M in 2024, have fewer than 100 employees, brick-and-mortar space, independent contractor, or sidewalk vendor, be majority-owned and operated by applicant, and be in active/good standing. For more information click here!
APPLICATIONS CLOSED
Transform Your Business Strategy Today
Verizon Small Business Digital Ready Grants
Verizon is awarding $10,000 to 50 small businesses! Register and complete resources to access the grant application.
Who can apply?
Owners of for-profit small businesses based in the U.S., Puerto Rico, or US Virgin Islands. Nonprofits are not eligible.
Applicants may apply for one business only and must be over the age of 18.
Application CLOSED December 10, 2025 11:59 PM (PST)
Breva™ Thrive Grant
What would your business do with $5k?
Breva™ Thrive Grant program offers $5,000 in funding to U. S. small businesses that positively impact communities, especially those helping underserved populations. All eligible businesses are encouraged to apply.
Nominate your favorite small business to receive $20,000!
Quickbooks + Mailchimp Small Business HERO Program Grant
Celebrate someone else that's making a difference in your community! Nominate a small business in your community who has shown courage, perseverance and integrity for a chance to win $20,000 for being a small business HERO!
