Potential benefits of Business Credit

The potential benefits of business credit far outweighs the efforts and investment in building corporate credit. Chances are that your competitors are building corporate credit. Large tech-based lenders have a strong interest in lending to businesses that have good business credit.

  • Better chance of small business loan approvals
  • Higher loan amounts
  • Access to business credit without a personal guarantee
  • Lower rates on loans, credit cards, and insurance
  • Business credit can be used with Landlords to lease property, office space
  • Smaller deposit requirements on leases and new utilities
  • Stronger relationships with suppliers, providers and merchants
  • Stronger industry reputation and image (Branding)
  • A valuable asset if you ever decide to sell your business

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