You can proactively improve your businesss creditworthiness by paying attention to this important information.
Why is business credit so important? It's the main way companies evaluate whether they want to do business with you -- and on what terms.
Build your credit profile carefully to establish your company's standing with vendors and lenders.
Your next step in building business credit is to apply for business credit cards. Most of the major credit card companies insist that you be in business for two years before they will extend you credit.
Unlike personal credit, your Paydex score will not go down when you open business credit accounts or when a merchant checks your business credit history.