The Ideal Company Profile for Building Business Credit
I am glad that I am doing this consulting for free with this group because I did not realize that this was an issue. There are a couple of issues that I keep seeing and below I will give the profile of an ideal company for building strong business-credit.
Name – Try to stay away from Real Estate names. Although you may get approved from the Vendors, the Banks may course some trouble.
Age – Many lenders require your corp to be two years old or more. This is not a problem for many lenders but being 2 year or more is ideal.
Employees – More than 10 employees.
Revenue – More than $1,000,000 per year.
I posted this information due to the mistakes that I am seeing my case studies making.
- Mike





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