Business Credit Builder

Just like for our personal matters, our businesses have its own credit, too. Building business credit is an important and crucial part of the entire process because if you fail, you might not be able to get the best deals for loans and other funding offers.

Business credit building is one of the few ways on how you can make your business more attractive to clients, suppliers, and even other businesses. With a good business credit, you’ll eventually see your business joining the top players in the industry.

Opening a Business Credit File

Before you look for the best and the most efficient business credit builder, you first have to make sure that your personal credit is something that will be separate from your entity – you need to establish or start your business credit first.

Starting one is easy; in fact, it can be broken down into four (4) different steps:

1. Register your business and establish a legal separate entity (LLC or corporation)
2. Then, you need to get an Employer Identification Number (EIN); you can get this from the Internal Revenue Service (IRS)
3. Open a financial account of the business using its legal name and establish a legal phone number
4. Lastly, apply for a business credit that would be in the legal name of your company

Building Business Credit Fast

It takes months to years before an entrepreneur is able to build a solid business credit. However, it doesn’t have to take that long to have a good business credit. There are a lot of tips in building business credit and one of the most important is by establishing a line of credit with suppliers and providers.

This is one of the many ways of building business credit and it’s one that you should take note of early on your business. Work with different providers and tell them to create the credit for your company; this is so that when you’re purchasing using their credit, it’s going to be recorded and it’s going to be a part of the report.

Finding the Right Vendors and Suppliers

Not a lot of suppliers and vendors offer good lines of credit to new businesses. This is one thing that most new entrepreneurs should consider because this is one good business credit builder that has been used by many companies for decades now.

If you are lost and you’re not sure what to do, you can definitely work with us here at SoFlo Funding for us to help you build your credit – and we can do it fast. We here at SoFlo Funding can help our clients build their business credit the way they want it to be. This way, they’ll be more credible in the eyes of suppliers and clients, making almost all of their transactions easier and more convenient.

What SoFlo Funding can do for You

With SoFlo Funding, you can open the business line of credit you want and with us, you don’t have to tell us to report and record payment history – we’ll do it for you! This way, all the transactions you’ll do will be recorded and will be added to the transaction history you have for your credit building scheme.

Part of the benefits of working with SoFlo Funding in building your credit for your business includes:

• Gaining access to our best and most experienced funding managers and advisors
• Being able to gain access to a credit line that can go up to as high as $300K
• The best and the most considerate interest rates out of all other lenders and business credit builders
• Get a chance to apply for any of our programs even if you have a bad credit – we’ll help you straighten and build the business credit you have!

With SoFlo Funding, your search for the best and the most reliable business credit builders will come to an end. Our company can help you not only by providing the funds you need, we’ll help you build your credit as well.

We’ll go far as recording transactions and payments that you’ve made; and we’ll also account every move you make with the credit line you have applied for with us!