Building Credit - Money Smart for Small Business

Building Credit - Money Smart for Small Business
The building credit module is a portion of the Money Smart for Small Business (MSSB) education program, formulated by the FDIC.  
It summarizes the importance of small business owners having a good personal and business credit history.
Lenders use different approaches to assess creditworthiness, including personal and business credit histories.
This training will discuss:

• The connection between a good credit history and business success, in general.
• Specifics of personal and business credit reports and scores
• Best practices for establishing credit history and improving credit scores.
• The business credit reporting landscape in the US.
• How creditors and other businesses us credit histories to evaluate business loan applications and contracting opportunities.
• The use of credit reporting services.