How do you build business credit ? What are the steps?
The best way to build business credit is to buy from the same company as much as possible so they feel you are loyal to them. Buy small to begin with and gradually increase. A smaller company has more flexibility. Get to know them. Be friendly. Pay as promised. Buy something for 300. and pay 150. up front. Then pay the balance in advance. keep your promises. If for some reason you can't tell them so they know what is going on. If you don't keep them up to date their imagination will run away with them and they may do something mean. Don't wait for them to ask you. Be straight. Businesses are looking for honest customers. |