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