When is the best time to establish business credit? | Finance Friday
Establish lines credit for your business when you don't need them. If you wait until you need credit to apply, you won't be able to secure what your business needs. Whether this credit comes in the form of a bank line, a business credit card, or material financing, establishing it now sets you up for success later. Additionally, establishing credit now will help you build your business credit score, making it easier to obtain larger lines in the future when you do eventually need them.