Few businesses can succeed without a significant injection of capital, and unless you’re already wealthy or lucratively well-funded, you’re going to need business loans and lines of credit to get by. You probably understand that your credit score will have a bearing on whether you’re able to secure these loans, and what terms you’ll get if you’re successful, but you may not realize that there’s a sharp distinction between personal credit and business credit. So what is this distinction, and how should you handle business credit differently? How Personal Credit Works It’s most effective to describe how personal credit works,…
How Is Business Credit Different From Personal Credit?
