How to Build Credit for Your Business
When it comes to building credit we’ve all heard the typical advice; get a few credit cards, use them regularly and pay your statements on time. But when it comes to building credit for your business what then?
In this post I will cover how to build credit for your company whether you are a startup or seasoned business. The first thing you should know is acquiring credit in the name of your business is not as simple as filling out a credit application.
There’s some initial prep work that needs to be done once you incorporate your business in order to structure the proper foundation for building a creditworthy company.
Are you familiar with the term lender compliance?
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