Credit Profile Building Tips

Build or improve your credit profile. Below are some tips that might be useful for you.
  • Pay within the set terms of suppliers.
  • Make sure to work with suppliers who are reporting your prompt payments.
  • Try to limit the number of inquiries regarding your credit profile.
  • Do not overdo it with business credit cards -– have a couple, not a dozen.
  • Do not let licenses or registrations lapse -– make sure you are on top of renewals
  • or obtain any new licensing that you are expected to have for your business operations.
  • Maintain thorough, up-to-date financial records.

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