S3E15: 3 Things To Do To Help Build Your Business Credit

Cash Flow with Pam Prior

Disclaimer: The content in this podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.

In this episode of Cash Flow, I discuss the importance of building a strong business credit score and provides three actionable steps to help improve it. We cover the significance of having credit cards in the business name, leveraging supplier/vendor relationships, and maintaining timely payments.

5 Key Lessons:

1. The importance of having credit cards in the business name to establish a credit history.
2. Leveraging relationships with suppliers and vendors to report payment history to credit bureaus.
3. The significance of maintaining timely payments for building a positive credit history.
4. Understanding the impact of personal credit on business credit and the benefits of separating the two.
5. The long-term benefits of establishing strong business credit for accessing business funding.

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✨ About Pam: A friend in the foxhole, finance wrangler who guides you on the path to confident control of your money mindset and business cash flow. I know what you need to understand, and cut out the rest. You don’t need to BE a bookkeeper, you need to understand a specific set of numbers and how they shape your business.

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