Great credit is the lifeline of your business! It can potentially help you to expand your business by obtaining funds necessary for growth, paying employees, buying supplies, and paying invoices. Business credit can save you money (save thousands of dollars) because lenders will offer you better interest rates with better terms. You also reduce your personal liability by not having to give a personal guarantee, which can protect your personal assets. Excellent business credit can help you stay ahead of your competition by having accessibility to funds needed in order to market and make a name for your corporation. With Business Credit, you are able to make decisions with confidence, which reduces stress on you and your company. Ignoring your Business Credit score is a huge mistake! This can cause your business hardships in all areas, and can result in potential failure. If you’re concerned about your company’s image and the way your customers view your establishment, you should be just as concerned about the way lenders view your business scores. Think about how your personal credit impacts your life (financially), and how bad credit can have devastating effects. This is the same concept regarding your business, but the only difference is that your business is your lifeline. It may seem difficult to add yet another thing to monitor with the everyday tasks and responsibilities that come with owning your own business. However, your company depends on it; it’s an essential part in growing and succeeding.