Building Business Credit Fast: How to Add 8 Tradelines

July 6, 2019 By Marco Carbajo

Building Business Credit Fast

How do you start building business credit fast? There are several new business credit building strategies that will help you build your business credit reports in record time.

Whether you are a startup or existing business you can start establishing business credit quickly by following the strategies we cover in today’s post.

Be sure to also check out our recent post on How to Build Business Credit in 30 Days for additional strategies.

From the early startup stage all the way to the growth stages, access to business credit and funding is crucial if you want to achieve success in business.

In business, there will always be unforeseen expenses, opportunities to expand into new markets, research & development, etc. that will require additional working capital.

It’s important to realize when you structure your business as a corporation or limited liability company it becomes recognized as a separate legal entity with the ability to enter into contracts.
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Building Personal Credit and Business Credit: 4 Stages of Credit Ability

August 3, 2017 By Marco Carbajo

Personal Credit and Business Credit

How is your credit-ability?

Do you know what types of credit and funding are available to you based on your personal credit and/or business credit profiles?

In this post, we are going to put the puzzle pieces together and show you how to determine what stage of credit ability you are at, what funding vehicles are available at each stage, and how to maximize the credit building process both personally and for business.

One of the most important things I want you to take away from this post is to understand that your credit scores for both personal credit and business credit are not the only factors that banks and lenders look at.
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The Business Credit Building Junkyard: Why So Many Businesses Fail

June 28, 2016 By Marco Carbajo

Business Credit Building

Why do businesses fail in building business credit the right way?

One of the major reasons why so many struggle establishing credit for the business effectively is because they don’t know what lenders define as a creditworthy business. In today’s post we’re going to put an end to all the confusion by covering five main areas that cause so many businesses to fail in the business credit building arena.

Take a look at these five key areas:

Company payment history
Depth of business credit
Business credit utilization
Business credit limits
Types of business credit

Let’s explore each one.
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Is Building Business Credit With No PG A Thing of the Past?

August 6, 2013 By Marco Carbajo

Building Business Credit

Enduring the toughest financial era since the Great Depression has certainly changed the financial and credit landscape across the country. While things are definitely improving and lenders are loosening their belts the lessons learned present a new era for the credit industry.

As business owners we have also had to make tough decisions, adapt, overcome and weather our own financial storms.

When it comes to building business credit; gone are the days of having just a line of credit at the bank to access capital.

We have seen in times of economic uncertainty banks will take drastic measures to minimize its risk exposure. Remember when businesses all over the country had to shut their doors after having their credit lines slashed and closed?
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Building Business Credit Video: Top 4 Mistakes To Avoid

June 17, 2013 By Marco Carbajo

Building Business Credit Video

When it comes to starting a business not much if any attention is paid to the business credit building process. The reality is even during the initial stages, such as naming your business, can have an impact.

Whether you are in the early start-up phase of launching your business or you have been in business for some time it’s never too late to start establishing your company’s creditworthiness.

Watch my short video recording with AllBusiness covering the following question:

What are the top 4 mistakes to avoid when starting the business credit building process?

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