Are you aware that your business has a credit score? There are business credit bureaus that collect data and provide this data to issuers of credit to businesses. Why should this matter to you? By having credit under the name of your business, you are limiting the impact of your business finances on your own personal credit score. This is a great article by the U.S. Small Business Administration that delves into the importance and more specifics of business credit. It answers questions such as who monitors your businesses credit, why your business credit matters, and how to protect your businesses credit. Read the article…
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