Business Line of Credit Program
Jan 17, 2023
Are you using your personal credit to finance your business? It may be time to consider obtaining business credit cards that can protect your personal credit while helping you build credit for your business.
Having separate business credit can provide numerous benefits, including the ability to access financing options specifically tailored for businesses and the ability to establish a credit history for your company that is independent of your personal credit history. Consider exploring business credit card options to find a solution that meets the needs of your business and helps you establish a strong credit profile.
Having separate business credit can provide numerous benefits, including the ability to access financing options specifically tailored for businesses and the ability to establish a credit history for your company that is independent of your personal credit history. Consider exploring business credit card options to find a solution that meets the needs of your business and helps you establish a strong credit profile.
Benefit Story
Loans from traditional banks and the Small Business Administration (SBA) report to your personal credit. Even if you make timely payments, your personal credit may still be negatively impacted and your debt-to-income ratio (DTI) may increase. This can make it harder to obtain a personal loan or a mortgage in the future.
Instead of risking your personal credit, consider obtaining business credit that is separate from your personal credit. It’s the best way to protect your personal credit and build credit for your business without affecting your personal credit profile.