HOW TO IMPROVE YOUR CREDIT FOR BUSINESS FUNDING

January 26th at 9:58pm

A strong business credit profile doesn’t just help you secure funding; it’s also important for attracting new business. Unlike with personal credit reports, anyone — including potential customers, partners and suppliers — can look at your business credit report. Those parties look at your report as an employer would an individual’s resume, says Amber Colley, director of sales and partnerships at Dun & Bradstreet, a business credit bureau. WAYS TO IMPROVE YOUR BUSINESS CREDIT SCORE: Keep your information current with all three credit bureausEstablish trade lines with your suppliersMake payments to creditors on time or earlyBorrow from funders that report…

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BEST BUSINESS PRACTICES FOR GOOD CREDIT

January 25th at 10:36pm

Report from Experian When your plan for the future includes getting better acquainted with your credit, you’ve already recognized that your current approach likely needs some work. There’s a way to do it better – but how? Sometimes the first thing you need its a little more information, so you can more clearly see how your actions play a role in your credit. Your credit report is a detailed listing of how you handle your financial responsibilities over time. Creating good credit habits from the beginning can help funders view you as a low-risk borrower, and can be reflected in…

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