Course: What is credit?
6 minute read
Chapter 4
Establishing good credit
Borrowing money and paying off debts helps you build up a history of credit that can create opportunities to borrow more often and in larger amounts.
This chapter dives into the importance of building and maintaining good credit, along with some tips on how to establish yourself as a borrower and why it is good for your business.
Key terms to look out for are:
- Employer identification number (EIN)
- Limited liability company (LLC)