If you thought you knew all about bad credit, you are in for quite the surprise. Turns out there is a lot to learn about bad credit, especially for small business owners! Bad credit has the potential to make or break a business. Without a good credit history, small business owners will find it difficult to obtain loans that will help get them off the ground.
The Great Recession of 2009-2010 was particularly difficult for many small business owners in terms of qualifying for loans, but in recent months this bad credit trend has started to turn around. With small business owners beginning to get themselves back on their feet, the big question is:
How do we keep the positive credit trend running?
This infographic, brought to you by Shield Funding, offers multiple tips to keep your credit on track. You will be in shock when you see how such seemingly trivial things will actually help maintain a good credit score and grow your business!