FAQ: How to build business credit?

How to build business credit? - Credit Cards for Business FAQ

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Credit Card Applications » Questions » FAQs » Credit Cards for Business » How to build business credit?

How to build business credit?

Answered on December 27, 2013 | Updated on December 27th, 2013

Tags: Business, Credit History, No Credit

The content is accurate at the time of publication and is subject to change.

A separate business credit score can be build if the business is legally separate from the owner. That is you should own a corporation or a LLC. Also, your business should have a federal tax identification number (EIN). All those information will help you to open a separate line of credit or get a business credit card in your business legal name. Pay your business credit card on time. The payment history is one of the important factors that are used to build your business credit score.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

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