Using your personal credit to run your business puts you at serious risk. Start building a business credit profile today and get the capital you need to grow your company.
Most business owners are surprised to learn that just like they have a personal credit score, their business does too. Business credit is a track record of a business’ fiscal responsibility. Investors, financial organizations, and other companies use this business credit profile to determine whether your business is a suitable candidate for loans or a partnership.
It also saves you money. By obtaining a more favorable credit score, you’ll lower the interest you pay on loans and leases. Nevada Corporate Headquarters (ku真人app) can help you get started building good business credit so you can:
- Protect your personal assets from business losses
- Limit your personal liability
- Eliminate the need for using personal credit
- Purchase vehicles without using personal guarantees
- Access more cash for the business
- Purchase items for business with convenience
- Prepare your business for future lending needs
Separate Yourself from Your Business Through Incorporation
Incorporation separates you from your business protecting your personal assets from liabilities. While it’s possible to build a business credit profile for a sole proprietorship or partnership, you’re still personally responsible for all debts incurred. ku真人app recommends building your business credit as a Nevada corporation or Nevada limited liability company. To learn more about the benefits of incorporating in Nevada, click HERE.
ADVANTAGES OF BUILDING A BUSINESS CREDIT PROFILE
- Prepares you for future lending needs
- Ability to extend your cash flow
- Lowers your interest rates
- Saves valuable time and money
- Improves the creditability of your business
Ready to start building your business credit profile? Give the credit experts at ku真人app a call today at 1-.
