| What’s in a Business Credit Profile? |
Establishing Your Business Credit History
What every business owner starting up a business must first do is establish a separate credit history for the business. This can be accomplished by applying for a tax ID number or a D-U-N-S number from Dun&Bradstreet. D&B is a credit reporting agency that exclusively caters to businesses. Experian is another credit reporting agency that services both individuals and business.
Applying for a business credit card is another way to build up your business credit. As you use your business credit card for your business purchases, you also continue to build your credit one step at a time. As long as you keep your credit card payments on time and you stay within your credit limit, you will be building a strong foundation for your business credit.
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