Article: Building Business Credit
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Building Business Credit
Let?s imagine that you wanted to start a business?you have a great business idea, and now all that you need is business credit so that you?ll be able to borrow money against your business without having to dive into your personal assets or personal credit. This means less risk for you, the owner. Some credit reporting agencies sell a business FICO score based on both the risk of the business and the personal credit of the owner. In some instances, the owner?s personal credit is linked to the business credit, but it?s best to keep them separate if you can. Building business credit is completely different from building personal credit. In addition, you don?t have the same credit protection laws with business credit that you do with personal credit.
There are certain keys that ...
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