From the course: Credit Secrets for Entrepreneurs
Join today to access over 22,600 courses taught by industry experts.
Credit for financing
From the course: Credit Secrets for Entrepreneurs
Credit for financing
- Business credit can also be helpful when you decide to grow your business through financing. It can be used for vendor or trade credit. If you want a small business administration guaranteed loan, which is the gold standard of lending for small businesses, then a business credit check may come into play. In a moment, I'll share a FICO score that checks business credit. If you hope to get a bank loan, many traditional lenders, like banks, credit unions, and community banks may check business credit as well. Equipment financing is a great way for you to get the items you need for your business without paying a large amount of money upfront or without qualifying for a large loan. And again, your business credit may be checked. Finally, there are a variety of online lenders who can offer flexible financing and they may also look at your business credit profile.
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.