01/12/2020
Facts:
27% of businesses surveyed by the NSBA claimed that they were not able to receive the funding they needed.
46% of all small businesses use personal credit cards.
The Nav American Dream Gap Survey, 2015 revealed of small business owners surveyed, 45% did not know they have a business credit score, 72% did not know where to find information on their business credit score and 82% didn’t know how to interpret their score.
Bolt Insurance stated that one in three small business owners borrow money from family and friends
Bottom line is you do not want your business to fall into any of those class. Having access to business credit is the lifeline for a business. It enables you to obtain the capital you need to expand, cover day to day expenses, purchase inventory, hire additional staff and allows you to conserve the cash on hand to cover your cost of doing business.
PDF business Credit can help you to apply for and get approved for that business loan without using your SSN.