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I am trying to build my credit for my business. My LLC has no credit right now and I want to build my credit before I apply for any unsecured card as I don't want to risk any bad marks on my business credit file.- My personal one already sucks and I don"t want to hurt this one.

2007-12-22 13:44:34 · 1 answers · asked by Anonymous in Business & Finance Credit

1 answers

You can build credit for your business by opening accounts with small, privately owned trades. Depending on what your business is, you might have to open accounts as COD to start. Then move to a small line of credit.

As an LLC, you will probably be asked for a personal guarantee and your personal credit will come into play.

2007-12-22 13:59:50 · answer #1 · answered by bdancer222 7 · 0 0

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