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Introduction The basic rules for building credit for a business are the same as those for building credit for yourself: • Pay your loan and credit card bills on time. • Use as little of your credit as possible. • Stay out of collections. But your business credit score is measured on a different scale than your credit score, and a different credit bureau also tracks it. You'll have difficulty finding a successful business that has never used "Other People's Money" (OPM) to grow. However, they had good business credit, which helped them get OPM. As we have established in previous modules, lenders check your business credit to see if they can trust your company to repay debts. The more ways your business has to get money to grow, the better its credit score. If your business's credit score is low, you will find it hard to get lenders for your business. A high business credit score is always better than a low one because it gives you more financing options and chances to grow or change your business to keep up with changes in the market. But new businesses always need more credit history when they start. So, if you want your business to do better than survive, you should know the best ways to build business credit quickly.