How to build business credit

To build business credit, set your company up properly with an EIN and business bank account, get listed with the business bureaus, open trade lines that report, pay early, and keep your business information consistent everywhere. Over time your business earns its own scores, like Paydex and Nav.

The foundation

• Form the entity and get an EIN.
• Open a business bank account and keep clean records.
• Get a business phone and consistent listings.
• Register with the business credit bureaus.

Building the profile

Open trade lines with vendors that report, pay early, and add accounts over time. Business scores like Paydex, Nav and Equifax Business grow from this activity.

Where we help

We build this profile with you, then hand off to HVC Consulting and Keys to Capital when you are ready to pursue funding. See our business credit page.