Most people are familiar with how personal credit works, which is linked to your SSN. You start with no credit profile, get small credit cards to initially build your credit score, then as your credit grows you can use it to qualify for loans, auto vehicle financing, even mortgages. With business credit you can do the exact same thing, but the players and rules are different. For example, your business credit profile is completely separate from your personal credit profile, which removes the biggest block you may have to getting credit and funding approvals. Here’s a short 8-minute video explaining how Business Credit works and provides real-life examples on how successful businesses are using it to their advantage. |
This video is Business Credit 101 and is a great place to start.To your success, |