Establishing small business credit pays. Good business credit scores help a small business get loans. Your lender knows the small business can pay its debts. They recognize the business is bona fide.
Funding
It is possible to find minority loans to start a business, but they probably are different than you think. Most of them are not geared specifically toward minorities only. In addition, it’s a good idea to work on building business credit and fundability now, in the start up phase, to open up more and different funding options in the future.
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