Building your business credit will improve your business with the following:

• You will save time and money for your business
• Meet any current lending needs
• Prepare for any future lending needs
• Have cash in your business when it's needed
• Ability to extend your cash flow
• Lower your interest rates
• Build credibility for your business

Mystery of Business Credit:

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.

• Who are the two largest business credit bureaus?
• What rights does a business owner have for incorrect information on a credit report?
• What are the business credit scores?
• What do business lenders look at?
• Where do you find companies that grant credit?
• How do you get a company to grant credit?
• Which companies report to the business credit bureaus?
• What credit cards companies do not require personal guarantees?

Advantages of Having a Business Credit Profile:

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 will have more cash for the business
• Convenience in purchasing
• Protection of your personal assets from that of the business
• Limit your personal liability from the business
• No need for personal credit checks
• Purchase vehicles with no personal guarantees
• Purchase equipment, computers and more with your business credit
• Preparing your business for future lending needs

Separating You From Your Business:

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:

• Separates you from your business
• Limited liability of the owners and officers
• Lower tax liability
• 100% tax deductible insurance
• Reimburse 100% of medical expenses
• Corporate image
• Raise capital and build credit faster
• Lower your audit risk as a small corporation
• Stock ownership - easier to transfer assets
• Protect Your Personal Assets