How to Build Credit for a Business: Planning for Long-Term Success

When embarking on the journey of how to build credit for a business, it’s crucial to start with a solid understanding of what business credit is and why it’s so important for your company’s long-term success. Business credit, distinct from personal credit, is a measure of a company’s creditworthiness. It’s assessed based on the business’s credit history, including how it borrows and repays debts, manages cash flow, and meets financial obligati