How to build business credit?

Question

Peace to all,I'm new to becoming an entrepreneur with not so good credit. Does anyone have any tips on how to build your business credit?Thanks in advance,Great energy your way

judithvirag · Answer

In the begining your business credit will be closely tied to your personal credit. Here are some steps to build your business credit:Register your business and get a business numberGet a business phone number and addressRegister your business with credit bureaus - Get a DUNS numberGet couple vendors who will work with you an report back to the credit bureausGet a company credit card - always pay and do not use it for more than 70% its capacityKeep your business finances separateHope this helps.&nbsp;

inamkhan3435 · Answer

To build business credit, register your business and get an EIN. Open a business bank account and apply for a D-U-N-S number. Work with vendors who report to credit bureaus and get a business credit card. Pay bills on time or early and keep credit usage low. Monitor reports from D&amp;B, Experian, and Equifax regularly. A strong business credit profile helps secure better financing, vendor terms, and credibility. Start early and stay consistent to grow your credit fast.

greenthumb777 · Answer

Thank you