It probably doesn’t take long for any business owner who applies for a business loan to discover that their personal credit impacts their ability to qualify. Personal credit plays an important role in your business. Small or start-up businesses have not had the chance to establish business credit, so their access to capital is linked directly to the owner’s credit. In this workshop, we’ll cover:
- What are credit scores?
- Credit myths
- How are credit scores calculated?
- Changing your credit score
- What types of financing are available
- What lenders look for
In addition to these items, we’ll distribute a sample credit report and go through the details with you to give you a hands-on experience of interpreting a credit report.