Table of Contents
Understanding Business Credit
Understanding Business Credit
Business credit is essential for securing financing and managing cash flow. It reflects your company's creditworthiness and can impact your ability to obtain loans.
Building Business Credit
- Register Your Business: Ensure your business is registered and has a legal structure.
- Open a Business Bank Account: Keep your business finances separate from personal finances.
- Establish Trade Lines: Work with suppliers that report to credit bureaus.
Building strong business credit can open doors to new opportunities.