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Be aware that you will need to prepare more information for a business credit card application then for a personal credit card — you may have to list the name of the business, the industry you ...
When you have credit products like business loans or credit cards in your company’s name, the lenders will send the activity with them to the commercial credit reporting bureaus, which will, in ...
So, business credit accounts won't typically help you build your personal credit. *Important: The exception is if you default on business credit that has a personal guarantee. In this case, the ...
Small business financing (also referred to as startup financing - especially when referring to an investment in a startup company - or franchise financing) refers to the means by which an aspiring or current business owner obtains money to start a new small business, purchase an existing small business or bring money into an existing small business to finance current or future business activity.
Maintaining a diverse mix of credit accounts can be another way to build credit fast. Keep in mind, though, that while multiple accounts of various types can be beneficial, it won’t help if all ...
"But there's not as much on the business credit side for helping a small business owner build a credit file." However, there are some ways to lay the foundation for a positive credit history and ...
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