How to Get Business Credit With a Plan
Starting a business offers the opportunity to build business credit separate from personal credit, enhancing financial stability. By utilizing vendors that offer terms like net 30 accounts, businesses can establish credit without immediate personal risk. Tools like Paydex scores from Dun & Bradstreet help monitor credit status, enabling access to larger lines of credit. For effective business credit building, maintaining a strong personal credit score is crucial, as it influences terms and opportunities from commercial vendors.
