1 Essential Tip for Improving Your Business Credit Score & Its Importance
We've gathered insights from an accredited financial counselor to provide you with one specific tip that can make a significant difference. Discover this singular piece of advice to enhance your business's financial standing.
Pay Bills Timely and Establish Trade Lines
Pay Bills Timely and Establish Trade Lines
As simple as this advice is, businesses should pay their bills on time to ensure a good credit score. Businesses can also establish trade lines with vendors who report to the business credit bureaus, ensuring the accounts are paid and current. An excellent business credit score opens the door for funding at great terms and low interest rates.
Severine Bryan, Accredited Financial Counselor, Bryan Financial Empowerment LLC
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