Higher FICO scores needed for business loans

For small businesses to obtain commercial financing, the owner's FICO score comes into play because owners must give their personal guarantee on loans to their businesses. With credit still tight, owners need scores of at least 680 (some suggest at least 720) to qualify for SBA loans. My FICO has tips to improve your FICO score.

Do you have questions about your business taxes? You'll find helpful, up-to-date answers to your small business tax questions right here -- information you can trust!