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How to build business credit?

Answered on Dec 27, 2013

Updated on Dec 27, 2013

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.

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