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What Is Business Credit

Business credit is your business's ability to borrow. Your business credit score influences your access to credit products such as credit cards and loans, giving credit agencies, lenders, vendors and suppliers an indicator of how you handle your debts and your likelihood of paying them on time

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Getting business credit can be a task below are the necessary steps to get the funding you need.

1. Register your business and get an EIN

2. Apply for a DUNS number

3. Open a business credit card

4. Establish trade lines with your suppliers

5. Pay creditors early

6. Borrow from lenders that report to credit bureaus

7. Avoid judgments and liens

8. Keep your information current with all three credit bureaus

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