Many private business owners underestimate the importance of establishing strong business credit early on — and are surprised when they don’t qualify for affordable financing when they need it. Lenders are often the bearers of this bad news. Here’s a refresher on why it’s important for businesses to establish credit, what makes (or breaks) a business credit score and how borrowers can improve their ratings.
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Topics: Business Credit, Commercial Lenders, Credit Score, Uncategorized