Diversifying your credit sources by working with multiple vendors and creditors helps build a stronger business credit score profile. Not all suppliers report to the main business credit score bureaus, so it’s important to choose vendors who will help you establish a enterprise credit historical past. However, if your business makes late payments, its credit rating might decline as a substitute. A dangerous enterprise credit score might make it challenging to qualify for affordable financing like enterprise loans and enterprise credit cards. A sturdy business credit profile allows you to bor