Accessing capital to fuel expansion or fund working capital needs is an important part of running a small business. As a result, business owners need to understand how their credit profile works…both their personal credit score and their business credit profile.
If you’ve ever wondered why lenders want to know your personal score, we talk about that! We also discuss the three questions most lenders have about you and your business; along with how your business credit profile fits into the equation. We dive into the two drivers that influence your profile and the five things you can start doing today to build a strong business credit profile.
You might be surprised at how simple some of these tactics are and how relatively quickly you can build a profile that will help you access the borrowed capital you need.
CLICK HERE to take the “Understanding Business Credit” Online Workshop, right now!
About the Presenter:
Ty Kiisel is the author of “Getting a Business Loan: Financing Your Main Street Business” as well as a contributing editor for OnDeck, an online platform where millions of small businesses can obtain affordable loans with a fraction of the time and effort that it takes through traditional channels.
Small business evangelist and veteran of over 30 years in the trenches of Main Street business, Ty makes small business best practices, tips and advice accessible by weaving personal experiences, historical references and other anecdotes into relevant discussions about leading people, managing a business and what it takes to be successful. Ty also shares his passion for small business every week on Forbes.com and DeseretNews.com.
• Prolific writer, speaker and podcaster
• Product evangelist and social media expert
• Experienced leader
• Author of: Getting a Business Loan: Financing Your Main Street Business
OnDeck Business Loans, a platform for small business loans, is committed to increasing Main Street’s access to capital. Since 2007, OnDeck has deployed more than $1.7 billion to more than 700 different industries in all 50 U.S. states, and also makes small business loans in Canada. The company has an A+ rating with the Better Business Bureau and operates the website BusinessLoans.com which provides credit education and information about small business financing.