How Do You Apply For Corporate Credit?
Corporate credit is essential if you want to start or expand your business. It’s also a good idea for small-business owners to keep business and personal expenses separate. Still, applying for corporate credit, either as a credit card or a line of credit, can be a nerve-wracking experience. If the bank denies your application, you may struggle to find the money that you need for your business. Improve your chances of getting corporate credit by taking the following steps. Make sure your credit report is in order. A good credit score is necessary for corporate credit. If you own an established business, then your business probably has its own credit score that banks will use to make their decision. If your business is new, the bank may use your personal score to determine your credit limit and interest rate. In any case, order a copy of your personal or business credit report to look for any mistakes that could be causing a low score. Fix any errors before applying for credit. Create a
