Author Archives: Scott Letourneau



What VantageScore Could Mean for Newer or Less-Experienced Borrowers

Dec 14th, 2011 • Featured Author: Scott Letourneau  • 

Credit scores have long been determined by a nearly universal formula known as the FICO model. This model, owned by Fair Isaac, is used by over 80% of the major banks in the US, and is the familiar 300-850 credit ranking that consumers are familiar with.

Three Key Factors Lenders Look at Before Giving You Business Credit

Dec 6th, 2011 • Featured Author: Scott Letourneau  • 

Many businesses fail because they are unable to access the capital that they need to survive, particularly in the first five years of establishment when banks view them as riskier because of their age.

Secrets of Trade Credit vs Business Financing

Oct 4th, 2011 • Featured Author: Scott Letourneau  • 

The number one reasons that business fail is due to lack of cash flow. As such, many business look into financing but which is the best for you?