WhereDaily News: First Down Funding - The Easiest Way to Start Building a Strong Business Credit Profile
WASHINGTON, DC--(Marketwired - January 30, 2016) - It can sometimes feel like a catch-22. Part of building a strong credit profile is responsibly using your business credit, but obtaining that business credit so you can responsibly use it is sometimes easier said than done -- especially for young companies just getting started. As a result, it might be tempting to use your personal credit for business purposes, thinking that will help demonstrate that you know how to properly use credit. Unfortunately, it won't help you build your business's credit and the higher credit utilization often associated with business expenses can actually negatively impact your personal credit profile.