Kody Wirth is a content writer and SEO specialist for Palo Alto Software—the creator's of Bplans and LivePlan. He has 3+ years experience covering small business topics and runs a part-time content writing service in his spare time.
Small Business Credit—What it is, How to Use it, and Options
Many businesses, both large and small, rely on borrowed capital to fuel growth and fund business initiatives. In other words, borrowing is just part of the equation.
This means small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a house or buy a new car.
What you need to know about business credit
Every small business owner basically has two credit profiles. Their personal credit score and business credit history. In order to understand how credit impacts a business owner’s ability to access borrowed capital, you need to know both.
Business credit options explained
Part of building and maintaining good credit is understanding what your credit options are and how they can affect you. Here are a few resources that will serve as a way to get yourself familiar with the types of credit.
Small business credit templates and tools
Resources to help you manage your credit and improve your business health.
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