BUILD BUSINESS CREDIT

 Business credit allows a company to to borrow money that can be used to purchase products or services. It is based on the trust that payment will be made in the future. Access to cash and credit is a business’s lifeline. 

Business Credit Cards: 

As you weigh business credit card options, here are some things to consider:

• Rewards type: First, think about what type of rewards would be most valuable for your business. ...
• Introductory bonus: An introductory bonus can increase a rewards card’s value, at least in the short term. ...
• Card perks: Aside from rewards, consider what else a business credit card may bring to the table. 

Qualifying for Business Loans: 

A young company can establish business credit by following these steps, yet it takes time. 

If you build business credit the right way, within six months of operational history and monthly gross revenue, you will be on your way to not having to utilize your own personal credit history to qualify for business loans.