The Chasers Channel

TCC 61 - Why a Strong Business Credit Score is Critical in These Times

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We all know the importance of a good personal credit score when it comes to buying a house or getting a loan. But did you know that your business also has a credit score? And just like your personal credit score, it plays a significant role in your financial health.

If you suddenly need to access a line of credit or cash flow loan the lender’s decision will be greatly influenced by your business credit core.

This episode focuses on 6 key ways to build an irresistible business credit score.

What you’ll learn:

  • (0:14) Introduction: The Importance of Business Credit
  • (0:42) Host Introduction: Chris Becks and His Experience
  • (0:54) Disclaimer: General Advice on Lending Topics
  • (1:54) Understanding Business Credit Scores
  • (2:18) Tip #1: Pay Your Bills on Time
  • (2:31) Tip #2: Monitor Your Credit Reports
  • (2:48) Tip #3: Manage Your Debt Wisely
  • (3:19) Tip #4: Build a Positive Credit History
  • (3:39) Tip #5: Maintain a Healthy Credit Mix
  • (3:59) Tip #6: Keep Old Accounts Open
  • Loads More…

Links and Resources:

#BusinessCreditScore #CreditManagement #SmallBusinessFinance #FinancialAdvice #CreditImprovement