Why Business Credit is important?
Building your business credit will improve your business with the following:
If you don't know the answer to any of the questions below, you are among thousands of business owners who are lost in the maze of how to build business credit. We can provide you the answers to the mystery.
Just by building a business credit profile you will be able to limit the use of your personal guarantee and build business credit regardless of your personal credit history.
You can separate your personal liability and protect your personal assets from that of the business just by incorporating.
It is possible to build a business credit profile for a sole proprietorship or partnership however you are still responsible for all the debts of the company. We recommend building your business credit as a corporation or limited liability company.
Other advantages of a corporation are: