Bad or no business credit can be catastrophic to your company! It may pose extreme difficulties in qualifying for credit cards, loans and equipment leasing. Nowadays it can be very difficult to qualify for small business loans, so you have to make sure that everything is set up perfectly in order to get approved.
Most business owners tend to rely on their personal credit if they cannot get approved under their business credit. Unfortunately this requires you to be held financially responsible for your business debts and putting more stress on your personal credit. The luxuries of building and maintaining good credit for your business is that you would not have to be a personal guarantor.
There are a lot of intricacies when it comes to getting approved for business credit. Getting approved starts with how you fill out the
application. Our business credit experts will be able to help you build your business credit and get approved for business loans in as little as 4-6 months! You may actually be approved for unsecured business credit cards or loans within 30-90 days!