Category: Business Credit

How to Improve Your Business Credit Score

How to Improve Your Business Credit Score

Building business credit has paid off for Coleman's A/C Heating & Appliance Repair. “(Our) credit scores allowed us to secure a loan, which we used to expand our operations and add a company vehicle,” says April Coleman, vice president of the Jackson, MS-based business, which specializes in the repair, maintenance, and installation of air conditioning, heating systems, and household appliances. How did they do it?  “To improve our business credit scores, we first signed up for a credit monitoring app… Read More
How To Organize Your Small Business Finances

How To Organize Your Small Business Finances

Organizing your business finances can be a challenge, whether you’re a new small business owner just starting out or growing your business.  When Rosie Ferrero started her ecommerce business, Roupa Fashions, a boutique that curates designs and styles from around the world, she did something smart: she opened and used a business bank account. But she found that keeping all her money in one business account didn’t give her the insights she needed to make informed decisions about her finances. … Read More
Optimizing Equifax Business Credit Risk Scores 

Optimizing Equifax Business Credit Risk Scores 

Equifax® is one of the Big 3 consumer credit bureaus, and it’s one of the three major business credit bureaus as well. Equifax® credit scores are used by lenders, insurance companies, and other businesses to help them make better decisions.  As a small business owner, you’ll want to check, build, and monitor your personal and business credit with Equifax®. Here, we’ll explain how to understand and optimize Equifax® business credit scores.   If you’re not familiar with business credit, here are… Read More
How To Create a Financial Plan for the Small Business Saturday Push

How To Create a Financial Plan for the Small Business Saturday Push

Small Business Saturday is an opportunity to celebrate local businesses, and to encourage consumers to shop local.  For entrepreneurs, it can be an opportunity to get new customers and increase sales. But making Small Business Saturday a success isn’t without costs. Creating a financial plan for Small Business Saturday can help you make sure that your business is really ready for the holiday season. What is Small Business Saturday? Small Business Saturday is an annual event held on the Saturday… Read More
How To Build and Keep a Solid Business Credit Rating Before the Holidays

How To Build and Keep a Solid Business Credit Rating Before the Holidays

Every year, the holiday season seems to start earlier and earlier. For small business owners who rely on holiday sales, it’s never completely out of mind.  One factor that can impact a company's success during the holidays is its business credit rating. A solid credit score can open doors to better financing options, more favorable terms with suppliers, and increased flexibility in managing cash flow during this hectic time. The holidays are a key time for Myrlande “Mimi” Desances, the… Read More
Credit Cards That Report to Dun and Bradstreet

Credit Cards That Report to Dun and Bradstreet

Business credit cards can help small business owners establish business credit. On-time payments and low credit utilization on small business credit cards reported to  commercial credit bureaus help build strong business credit scores.  A good business credit profile may, in turn, help businesses qualify for a wider variety of small business loans and business financing options.  Major business credit bureaus include Dun & Bradstreet, Equifax, and Experian.  How Can I Ensure My Business Credit Card Activity Is Reported to Dun… Read More