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Business and Real Estate Tips

​3 Big Reasons People Fail Building Business Credit

6/6/2017

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Photo credit: Stock Images / www.freedigitalphotos.net
There are three main reasons many people fail building business credit.  The 1st BIG Reason People Fail, is that their business isn’t setup credibly in the lender’s eyes.  The perception lenders, vendors, and creditors have of your business is critical. Before applying for business credit a business must insure it meets or exceeds all lender credibility standards. There are over 20 credibility points that are necessary for a business to have a strong, credible foundation.

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How to Easily Build Business Credit in 4 Simple Steps

6/1/2017

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A business starts building a brand new credit profile much the same as a consumer does. The business starts with no credit profile. The business gets approved for new credit that reports to the business credit reporting agencies.  The business uses the credit and pays the bill timely. A positive business credit profile is established. As the business continues using the credit and pays bills timely it will qualify for more credit

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