Business Credit vs Personal Credit
Separating business credit from personal credit allows you to borrow in your company's name, protecting your personal assets and often unlocking better terms than personal financing.
Step 1: Establish Your Business Entity Properly
Your business needs an LLC or Corporation, dedicated EIN, business bank account, business phone number, and registered address. These signal legitimacy to lenders and credit bureaus.
Step 2: Open Trade Lines
Start with vendors who report to business credit bureaus. Office supply stores, fuel cards, and net-30 vendor accounts are common starting points. Pay everything early.
