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:
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.
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