Resource Category: Credit

What Is Business Credit?

At some point in your journey as an entrepreneur, you’re sure to come across the term “business credit.” However, if you’re like many business owners, you may wonder what does business credit mean? Business credit is a company’s ability to buy something now and pay for it later. By establishing a good business credit rating, you make it easier to borrow money when your company needs it. Get Your Business Credit Scores and Reports for Free *When you sign up… Read More

How to Open a Business Credit File

Even if you have great personal credit, as a new business owner you might not understand how to open a business credit file for your company. While personal and business credit have a lot of similarities, there are differences as well. Just because you know how personal credit works doesn’t mean you know how to build solid business credit scores that can help your company thrive and grow. You probably already have an open business credit file - Check yours… Read More

How to Build Commercial Credit for Your Business

It takes a lot of hard work to build a successful business. Branding, product or service development, marketing, and good customer service can all be key components to your company’s success. But these aren’t the only things that matter when you’re trying to grow a healthy business. Good commercial credit can also be a powerful tool you can use to help launch your company and expand. What Is Commercial Credit? Commercial credit is also known as "business credit" or "corporate… Read More

How to Build Corporate Credit

It’s not unusual to feel confused about how corporate credit works. If you’re unsure how to build corporate credit for your company, you certainly aren’t alone. In fact, nearly half of small business owners aren’t aware that they have a business credit score in the first place. Start Building Corporate Credit Now *Get your free corporate credit ratings and reports when you sign up for a free Nav account. This won't hurt your credit scores Sign Up By clicking "Sign… Read More

Who Are the Business Credit Bureaus?

As a small business owner, keeping an eye on the health of your company’s credit is a task which deserves a place near the top of your to-do list. But have you ever wondered where your business credit reports come from? Who’s responsible for creating these reports which hold so much control over your business’ ability to thrive and grow? The answer is the business credit bureaus. Get your Business Credit Score and Report from the Business Credit Bureaus for… Read More

Business Credit Builder Tips Every Business Owner Should Know

Building good business credit is a smart investment of your time, energy, and resources as a business owner. Good business credit can make it easier to secure financing for your company when you need it, and often to get that financing at a better price. Yet the benefits of establishing a strong business credit profile matter even if you’re not applying for a loan, credit card, or line of credit. Good business credit can save you money on insurance premiums… Read More