Posts Tagged ‘Business Credit’

 

How is a credit score for a small business established?

Friday, June 3rd, 2011
toddbenny333 asked:


I started a small business 6 months ago that has been very successful. I have a business bank account, but have not done anything else to establish credit for the business.

I would like to lease a vehicle in the name of my small business and am curious if my business credit score would be too low?

Does anyone know a general guideline on how quickly a line of credit is established for a small business?

Glen

 

What category does a credit card loan go to when the debit is for equipment for your business?

Tuesday, April 14th, 2009
queen_kat779 asked:


Will my credit card be under a cost of goods account, expense account, loan or what? The equipment had already been paid in full by the credit card, now we are paying the credit card off. Should I name the credit card as a vendor?

Patrick