Why Build My Business Credit

Although the lending market is always changing and evolving the one thing that is constant is business credit.

In a recent interview with Franchise Gator I answered a few questions about the importance of building business credit. Here are some of the highlights from that interview.

What are the most important lessons you’ve learned in your career about funding a business venture?

“An important lesson I’ve learned is the power of business credit and the leverage it provides. The stronger the credit you have both personally and for business, the more options you have and the better the terms and rates you’ll receive.”

To add to that, remember there are funding programs that look at factors other than personal credit alone such as revenues, outstanding invoices, purchase orders, business assets, etc.
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