How to establish business credit
Knowing your business credit is the first step to building a strong financial future for your businessSee your business credit score
Your business credit can be as important as your personal credit. Creditors and suppliers are increasingly using business credit reports to make lending and credit decisions.
Establishing business credit may seem like a daunting process—especially if your business is new. But it’s not.
There are several steps you can take to begin building business credit:
Once you've completed the steps above, you can request business credit in your company name. Your business trades are then reported to Experian, creating a robust business credit report that gives lenders and suppliers quality information about your company. This improves your ability to obtain loans, increase credit lines, and secure more favorable credit terms.
Wondering what's in your business credit file now? Check your Experian business credit report today to find out.
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