Is it difficult to establish business credit?
Establishing business credit can be tricky because the information used by credit bureaus to create your profile is sent in voluntarily by the supplier. Basically, since no business is required to send in information on your credit transactions, you could spend years acquiring trade credit without your business credit bureau knowing. It’s best to do business with companies that you know will follow through with their end and report your transactions. Also, try to keep your business and personal credit as separate as possible. Try finding companies that will make business credit transactions with you while keeping your personal credit information out of it. When companies require personal credit information, generally the number of inquires made on your credit increases and it will have a negative affect on your personal credit score.
