Business Credit vs Personal Credit: What’s the Difference?
If you are just starting out in business, you have probably come across the terms business credit and personal credit. You must be wondering how they differ. Right? While both are essential to your financial health, understanding how they differ is critical for anyone looking to scale their business without risking their personal finances. Business […]
How to Build Business Credit From Scratch (Step-by-Step Guide)
Ignoring business credit could cost you the future of your company. Starting a new venture means establishing a solid foundation for your new credit. It is the secret to unlocking better financing and building vendor relationships. Besides, it also protects your personal assets. Building it from scratch may seem daunting. Right? But with the right […]
How to Qualify for $100K+ in Business Credit Without Tax Returns
Getting $100K+ in business credit can feel impossible when banks ask for multi-year tax returns. If you’re running a startup or scaling your business fast, providing extensive tax documents can slow you down or block you from accessing the capital you need. Many business owners like you focus on minimizing taxable income or need funding […]
EIN-Only Business Credit: What it is & How to Get Approved?
Using your business’s Employer Identification Number (EIN) to secure financing gives your company more control and protection. EIN-only business credit allows your company to take on credit independently, without relying on your personal credit history. This means your business assumes responsibility for repayment, not you personally. That structure can protect your personal assets, simplify accounting, […]