Building Business Credit for Small Business
It’s time to review those nasty warning signs that can damage your company’s creditworthiness. While it’s not uncommon for your business scores to fluctuate over time there are a few strong indicators that can help you avoid getting your company labeled as having bad business credit.
So, let’s take a look at the seven early warning signs that your business may be headed for credit problems.
What are some of the features of a business credit card that are ideal for your small business? Is it something that every card can offer?
While typical credit cards provide you an unsecured credit line and may offer special reward programs there are many other unique features that come with a prepaid business credit card that just might make it the best choice for your company. 
Since the card itself is prepaid there are no late payments you need to worry about and more importantly you have much more control then a credit card or a charge card could ever hope to provide.
For example, here are some of the key features that prepaid business accounts offers:
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One of the most important things you should know creditors look at to determine your company’s creditworthiness is your business credit score.
Does your business have a positive credit file established with Small Business Equifax, Corporate Experian, and Dun and Bradstreet? The reason why this is so significant is because each creditor, lender, or supplier may pull a business credit report from one, two, or all three of these bureaus when you apply for credit. 
So, here are 5 ways to understand your business credit score making it easier for you to grasp how the scoring process works.
1) Credit:
The number of trade experiences, balances outstanding, payment habits, credit utilization and trends over time all play a role in what makes up your scores.
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Did you know that you can obtain 10 to 100 times greater financing as a creditworthy business then you could using your personal credit? More importantly would you prefer to stop putting your personal credit and assets at risk every time your company needs capital?
If so, then watch my short video recording with Dun and Bradstreet covering the following question:
How do I obtain business credit wihout a personal guarantee?
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It’s time to review those costly errors that can damage our personal credit scores as well as put our personal assets at risk. Now I know applying for a business credit card may not be the most exciting thing to do but it’s necessary and requires your careful attention. 
As with the last time we covered the six major types of business credit applications, I feel compelled to mention that there are certain mistakes that you should avoid before you sign the dotted line.
So, let’s take a look at seven mistakes that you never want to make that can cost you money, damage your personal credit and put your personal assets at risk.
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