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How do I build strong business credit?

Focus on these three essentials:

  1. Work with credit-reporting vendors and lenders — Choose suppliers and lenders that report payment activity to business credit bureaus.

  2. Pay on time, every time — Consistent on-time payments are the single biggest factor in a positive credit history.

  3. Keep debt levels manageable — Maintain reasonable outstanding balances to demonstrate responsible borrowing.

Want to go deeper? Explore these resources:

  1. How to increase credit score: 7 tips to improve credit

  2. How Credit Scores Are Calculated

  3. Minimum credit score requirements for a business loan

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