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In this course, you will :
- teach you everything you need to know to improve your company's credit score (and reputation) so you can start leveraging serious credit.
- Learn how to find and access your company's credit report, how to improve your score, how to get the funding you need, how to navigate special credit issues, such as a lack of data for determining if your business has proper credit reporting, and more.
Syllabus :
1. Why Business Credit Is Important
- Credit reports
- Credit for financing
- Separating business and personal credit
2. Business Credit Reports
- Credit bureaus
- Data can be used to evaluate your business
- Overview of business and personal credit differences
- No creditors are named
- No credit limits reported and payment history differs
- Free credit reports are not required
- Good credit score
- FICO SBSS score
- Business credit scores differ
- Monitor your business credit score
3. Building Business Credit
- Create a business entity
- Industry classification
- Separate business and personal finances and request a DUNS number
- Establish references that report
- Consider a business credit card and pay on time
- Excel by building the strongest credit you can
- Monitor your credit
4. Credit Challenges
- Lack of data
- Bankruptcy, tax liens, or judgments
- Negative info report
