How to Create and Leverage the Power of Business Credit

Date and Time

Thursday Oct 3, 2024
12:00 PM - 2:00 PM EDT

October 3, 2024, 12:00pm EDT

Location

$0:00

Fees/Admission

$0:00
 

Website

https://www.score.org/midflorida/event/how-create-and-leverage-power-business-credit-1

Contact Information

Barry Black, Education Director Mid-Florida SCORE 352-399-0050
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How to Create and Leverage the Power ...

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Description

Starting a business requires money, which usually comes from the pockets of the owners. But using personal credit cards and personal loans to build a business can be dangerous, as personal credit is limited, and the more you use it, the worse your score will be. But business credit works the opposite way: the more you use it, the more you can get. Boyd Karren of Otro Financial will walk you through the proper sequence for building business credit so your business can qualify for funds on its own, without your SS# or FICO score. When done right, banks end up going after you with low-cost or near-free financing offers.

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