Introducing
Business credit is more than just a score—it’s a financial identity that can unlock growth opportunities, lower borrowing costs, and improve your company’s reputation with vendors and partners. At Small Business Resources, we help owners understand how to build and leverage business credit to support their operations.
First, separate your personal and business finances. This means obtaining an Employer Identification Number (EIN), registering your business entity, and opening a dedicated business bank account. These steps create the foundation for establishing business credit.
Apply for a business credit card or vendor lines of credit that report to commercial credit bureaus like Dun & Bradstreet, Experian Business, or Equifax Business. Make timely payments, keep utilization low, and maintain a good mix of credit types to boost your score.
Regularly monitor your business credit reports. Just like personal credit, errors can occur—and correcting them early prevents problems down the road. Services like Nav or CreditSignal offer free business credit tracking.
Building strong business credit opens doors to better financing terms, trade credit with suppliers, and greater financial flexibility. It also enhances your credibility when bidding on contracts or forming partnerships.
Need help getting started? Our consultants can guide you through the process and connect you with lenders or service providers who work specifically with small businesses.
