Even if you’re not planning to borrow money for a capital purchase any time soon, it’s smart to make sure your business is creditworthy.
Don’t be afraid to borrow money when your business needs it. Just know good debt from bad debt and avoid getting overextended.
Personal and business credit scores and reports are separate, but lenders look at both in deciding on your business credit worthiness.
Business credit cards can be helpful — but make sure you account for the hazards.
Your cash reserves don’t have to sit idle. With a little planning, you can put these dollars to work earning more for your business.
When a reporting mistake upsets your credit rating, there are ways to fix it – but don’t delay.