*** Special Note ***

You can build business credit without having or using assets. Leveraging assets can provide a means to acquire working capital. If used properly, assets can expedite the business credit building process.

Discover the existing funding programs accessible to you

As your business gains credibility, numerous funding opportunities will become available to you. Your current assets can serve as collateral, enabling you to acquire new business credit accounts. By leveraging your assets, you can unlock various financing and credit options, providing you with a plethora of creative possibilities. Certain funding programs are designed to utilize specific revenue streams as collateral, while others allow you to sell these streams outright in exchange for working capital. To optimize your business credit, it is essential to have some working capital at hand for down payments, initial purchases, and other necessary expenses.iness credit. However, it's important to note that personal credit scores still play a role in the equation, a fact that many business credit building services tend to overlook.

In the business realm, the personal credit scores of the business owners (anyone with a stake of 15% or more) or company officers (such as CEO, President, CFO, etc.) can have an impact. Ideally, personal credit scores above 720 are preferred. If business owners or officers possess credit scores above 720, more financing options will become available at lower interest rates, resulting in a higher likelihood of approval.