- Establish your business as its own entity.
- Get noticed for your responsibility with money.
- Pay your debts on time.
- Limit how much debt you carry.
- Don't avoid credit entirely.
- Check your business credit report.
Your creditworthiness can be an important aspect of your business and can be a useful tool in securing funds from lenders. Unfortunately, some business owners don't take the necessary steps toward increasing their business credit. If you are looking to increase your business credit the following tactics recently released by US News may help:
- Establish your business as its own entity. - Get noticed for your responsibility with money. - Pay your debts on time. - Limit how much debt you carry. - Don't avoid credit entirely. - Check your business credit report.
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