How to Establish Impressive Business Credit History - PowerPoint PPT Presentation

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How to Establish Impressive Business Credit History

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If you’ve started your new business, it may take time to establish a business credit history. Do not need to avail of credit to expand your business or streamline operations. However, you may want to learn about business credit management as you go along. It’s beneficial to maintain good business credit history as it reflects your ability to pay. – PowerPoint PPT presentation

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Title: How to Establish Impressive Business Credit History


1
How to Establish Impressive Business Credit
History
2
Business Credit History
  • If youve started your new business, it may take
    time to establish a business credit history. Do
    not need to avail of credit to expand your
    business or streamline operations. However, you
    may want to learn about business credit
    management as you go along. Its beneficial to
    maintain good business credit history as it
    reflects your ability to pay.

3
Check Business Credit Report for Right Strategy
  • Your commercial credit information report helps
    you a great deal here. You can find if youre
    going in the right direction by checking your
    business credit report. So, if youre thinking
    about establishing credit history but dont know
    how to go about it, let us help.

4
Make Your Business Visible
  • If youre going to start your venture, it is
    necessary to know everybody about your business.
    When you make your business visible, youre at an
    advantage of attracting potential investors and
    lenders.

5
Maintain Good Credit Relationship
  • While having a great working relationship with
    your vendor is an advantage, make sure theres no
    showdown when it comes to settling payments. You
    should not be dealing with credit defaulters in
    your business early on.

6
Pay Your Dues on Time
  • Building good credit history requires small
    efforts that turn into fruitful results. So, you
    can start with paying your dues on time. If you
    owe money to your suppliers, make sure you never
    miss or delay payments. If you do so, your
    business credit report in India gets impacted. 

7
Keep Track of Your Credit Report
  • If youre new to the business arena, you must
    have understood the significance of checking your
    business credit report. While building credit
    history, you should focus on reviewing your
    credit report now and then. It helps you remove
    any errors or discrepancies that could impact
    your credit history.

8
Separation in your Business expenses
  • Besides these points, you should also ensure to
    keep your personal and business expenses
    separate. When you mix the two, you may have to
    bear its dire consequences. Your business credit
    score gets impacted, and investors may not take
    your business seriously.

9
Thank You 
  • Address  3/31, Chitrakoot Marg, Arpit Nagar,
    Vaishali Nagar, Jaipur, Rajasthan 302021
  • Mob 91 724-000-0901
  • Email support_at_creditq.in
  • Website https//creditq.in
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