Business Credit Secrets

> Credit agencies > There are at least 10 major and over 100 minor mitigating factors that can influence your credit scoresĀ  and ratings

>Using the same vendor for a trade reference for more than one corporation you own can either create a “family tree” or flag your file

>Types of lenders versus types of brokers that pull your business credit report can potentially cause your corporation not to get funding

>The number of lenders that pull your report in a month’s time can cause your credit scores to drop if your profile is not built properly

>Your address (City and State) can put you behind the industry standard for funding your type of business

>Amount in funding is determined by your state in which you incorporated and in the state you are licensed to do business

>Using National vendors as trade references can cause delays in how quickly your company establishes scores

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