What can we do for your business?
If you’re a small-business owner, you probably have enough on your plate just trying to manage the day-to-day operations of your business. But you might want to set aside some time to think about how to build business credit — especially if you plan on scaling up in the near future.
Business credit takes time to build, but it may open doors to greater amounts of capital.
Why is business credit important? As with personal credit, strong business credit can lead to lower insurance premiums or interest rates. It can also help you get approved for a lease, business loan or business line of credit and secure better terms from vendors.
Building business credit can also help you separate your personal finances from your business’s finances.
After starting a business, you may find that you need to sign a personal guarantee when taking out a business loan or opening a business credit card. This guarantee basically means that you’ll be personally liable for the debt if the business is unable to pay it back — a situation that could put your personal assets at risk. Once you establish business credit, you may qualify for a business loan or credit without a personal guarantee.
It can take time to build your business’s credit, which is why it’s important to start early. Whether or not you foresee needing a loan or line of credit, establishing your business credit now can help give you a safety net — and potential savings — in the future.
CALL, EMAIL OR VISIT OUR EITHER OF OUR HOUSTON OFFICES. WE ARE AVAILABLE MONDAY - FRIDAY FROM 9:00 am - 5:00 p, CST . We are the small business experts with over 20 years of experience helping small businesses. Our team of consultants all have a minimum of 10 years banking experience so they know what banks and financial institutions are need to see in order to extend a line of credit.
Our team helps you build your business credit (that's not linked to your SSN) step by step using a proven, field tested, business owner approved, and highly personalized process.
By using our user-friendly & intuitive software and the only full-service business credit adviser team in the industry, you'll be guided every step of the way, simplifying your experience of obtaining business credit
At CorpScore Solutions, we provide you the greatest access to real usable, no personal-guarantee credit through our revolutionary Business Credit Builder.
This gives you the money you need to run your business, expand and to make your company more profitable and productive so that you remain focused on building your business.
I wish that I had known about CorpScore when I first started my business. Unfortunately I had no idea that I could use my EIN to apply for credit. It took me 2-years to find them but I am glad that I did!