Kushner Companies pay no principal on the Freddie Mac-backed loans for a decade, WNYC and ProPublica reported.
Plus, what happens to your FICO score if you take out a loan, pay down your balance and more.
Debt is a facet of the 21st century. The average US household will hold up to $9,600 of credit card debt alone. Businesses are not completely safe from this, either. They're constantly getting into needless debt because they assume they'll take off and be able to pay it back later.
Small businesses often need outside financing if they're going to get the funds they need to fund their operations. Right
A new generation of innovative capital providers has ushered in a Golden Age of financing for small businesses. Today's entrepreneurs can select a finance provider, choose an application process that meets their needs, and specify a repayment schedule.
But dogs are welcome in the fine dining venue.
As the peak of the holiday season approaches, many small businesses will be seeking an injection of capital. This is a busy time for many business owners who need to account for an increase in sales.
This burden has left the U.S. female graduate with over $28,000 in student loan debt, according to The Institute for College Data and Statistics. Moreover, a new report from the Brookings Institution points out that this student debt average is quadruple the amount that it was just 12 years ago.
Many small business owners begin their search for capital by seeking out financing options. However, they might be skipping an important step: knowing their business' credit score.
Let's face it: many alternative small business lenders, funders and brokers have developed a bad reputation. Widely used labels such as "dishonest" and "predatory" are putting the industry at risk.