Business Credit Workshop

Most business start-ups are financed with a combination of personal savings, investments from friends and family, loans and credit cards. It is important for a company to establish its own credit, one that is separate from the owner’s personal credit. A credit score can help lenders, suppliers and other creditors quickly evaluate whether a company can and will pay its bills on time.

Business credit scores range from 0 to 100, with 0 representing a high risk and 100 representing a low risk. Participants will learn all they need to know about credit: why you need it and the basics of building credit.

Topics include:

• How to set up a Business Credit Profile
• Description of Dun & Bradstreet
• What is the Breakdown of the Credit Agencies Scoring System
• Explanation of the 4-Tier Credit
• When should I actually use my personal credit for my company
• What do vendors look for when granting credit to a new or existing corporation