5 steps to building a strong business credit profile
DESCRIPTION
Webinar Slides from our April 22 Webinar with the SBA. In this presentation, Amber Colley discussed what business credit matters to business owners and the steps they can take to improve their business credit. Learn more about business credit at: http://education.dandb.com/TRANSCRIPT
1: Economic growth
requires small business growth
1: Economic growth requires small business growth
2: Small businesses
need capital to grow
3: Banks want to loan to small business
1: Economic growth requires small business growth
2: Small businesses
need capital to grow
1: Economic growth requires small business growth
4: Qualified small
business owners are hard to find!
?
3: Banks want to loan to small business
2: Small businesses
need capital to grow
Helping Business Owners Find Access to Capital:
35% of small businesses were unable to access adequate capital in July 2013
Lease Terms
Freight Terms
Payroll Credit
National Distribution
Lucrative jobs on bids
Line-of-Credit Increases
Lease Terms
Freight Terms
Payroll Credit
National Distribution
Lucrative jobs on bids
Line-of-Credit Increases
VIDEO placeholderhttp://education.dandb.com/videos/part2/?vid=credit_file
Download CreditReporterTM mobile app FREE
Sign up for CreditSignal® FREE- If you see any discrepancies, fix them at:
CompanyUpdate.com FREE
Add good payment history
Know difference between personal & business credit
Separating Business and Personal Credit
VIDEO Placeholder
http://education.dandb.com/videos/part1/?vid=business_personal_credit
No surprise: You want good credit history to be reflected on your file
Not all bills are equal: Paying bigger bills first can help improve credit ratings
Keep an eye on your company’s D&B® scores and ratings
Evaluate the credit risk of business partners and maintain a healthy cash flow
Make sure to watch the educational videos that answer all the most common business credit
education.DandB.com