Know what is happening with your credit. Make sure it is being reported and take care of any inaccuracies ASAP. Get in the practice of checking credit reports. Dig into the particulars, not just the scores.
build business credit
Small business credit is independent of the economy. Coronavirus or not, these credit cards are out there – but be aware that, as the situation drags on, some of the requirements could change. Always be sure to check the links directly to be sure to get 100% up to date information straight from the source.
To get a High-5 rating, your business will need to have an account balance of $70,000 to $99,999. For a Mid-5 score, your business has to have an account balance of $40,000 to $69,999. And for a Low-5 score, your company should hold onto an account balance of $10,000 to $39,999. So your small business needs this level bank rating or better to get a bank loan.
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