Small Business Credit—What it is, How to Use it, and Options
Many businesses, both large and small, rely on borrowed capital to fuel growth and fund business initiatives. In other words, borrowing is just part of the equation. This means small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a house or buy a new car.
What you need to know about business credit
Every small business owner basically has two credit profiles. Their personal credit score and business credit history. In order to understand how credit impacts a business owner’s ability to access borrowed capital, you need to know both.
Why you need to care about personal credit8 Min Read
Whether you’re just starting out or a seasoned entrepreneur—your personal credit will have a major impact on your operations and funding options. Here’s everything you need to know about personal credit when runnin…
How to build business credit6 Min Read
Establishing business credit isn’t exactly the same process as improving your personal credit. It involves acquiring multiple types of credit that you’ll need to track along with your individual credit.
The 5 C’s for making your business creditworthy3 Min Read
Did you know that there are five financial health signs that a lender will look at to determine your creditworthiness? Here’s what they are and why they matter.
Tips to establish business credit and get financing3 Min Read
Are you struggling to build business credit? Here are a few things you should do to make your business history more visible and accurate.
Business credit options explained
Part of building and maintaining good credit is understanding what your credit options are and how they can affect you. Here are a few resources that will serve as a way to get yourself familiar with the types of credit.
Get a business credit card to build startup credit7 Min Read
While you will build business credit in multiple ways, one of the most direct options that help keep your business and personal expenses separate is applying for a business credit card.
Small business credit templates and tools
Resources to help you manage your credit and improve your business health.
Free business plan template
Showcase your business structure, performance, and potential with a detailed and SBA-approved business plan.