Category: Business Credit

What Business Cards Report to Credit Bureaus?

For business owners who plan to get small business loans, the best business credit cards are ones that report to the major business credit bureaus — this can help build business credit. However, not all small business credit cards report to these bureaus. In this article, we’ll explore why your business credit report matters, how it can affect your personal credit, and the business cards that report to one or more business credit bureaus. Do Business Credit Cards Report to… Read More

Build Credit With Business Charge Cards

Charge cards can be an excellent way to build business credit, and offer a number of other key benefits for your small business. Here’s how to leverage business charge cards to build strong business credit scores.  Why Business Credit Is Important, Even if You Think You Don’t Need It Just like a good personal credit history makes it easier to get credit cards, a mortgage or even something as simple as a new cell phone, business credit opens up opportunities… Read More

The Ultimate Guide to Finally Understanding Business Credit Ratings in 2024

Ever found yourself scratching your head over business credit ratings? Well, you're not alone. Navigating the world of credit scores can feel like trying to crack a secret code. But don’t worry: This article explains the nitty-gritty of business credit ratings. Get ready for a guide that speaks your language, with tips, hacks, and real-talk to finally make sense of it all. Whether you're a new small business owner or a seasoned entrepreneur, it's about to get a whole lot… Read More

Business Credit, Cash Flow and Lenders: What You Should Know in 2024

Key Takeaways  Cash flow and credit are the top two factors many lenders consider when evaluating applications for small business loans and financing.  Cash flow indicates the ability to pay while credit represents the willingness to pay.  Learn how to position your business for financing in 2024 and beyond. It’s Still Possible to Access Capital in 2024  Interest rates have been rising. And some borrowers are finding it more difficult to get financing. Yet business owners in a variety of… Read More

How to Leverage Business Charge Cards for Growth

Entrepreneurs, startups, and small business owners use business cards for short-term funding. Business charge cards don’t have pre-set credit limits, so they can allow businesses to make large business purchases. This article covers what business charge cards are, how they’re different from business credit cards, and how to use them to leverage business credit for growth. How Business Charge Cards Are Different From Credit Cards Businesses leverage credit cards and business charge cards to access short-term funding, but there are… Read More

Best Ways Build Business Credit with Nav Prime

Your businesses’ reputation can mean the difference between failure and success. And your business credit history is an important part of your businesses’ reputation. Commercial credit reports and scores can be used by lenders, insurance companies, or other businesses to decide whether to do business with your company.  If you’re a small business owner looking for a comprehensive tool to help your business build profile and maintain strong business credit, plus much more, Nav Prime offers the solution.  Find out… Read More