Business Credit 101: Building Your Financial Foundation in 2025

Establishing business credit is a key step in building a successful enterprise. It allows you to secure loans, lease equipment, and more without relying on personal credit.

1. Register Your Business
Start by forming a legal business entity (LLC, corporation) and obtaining an EIN (Employer Identification Number).

2. Open a Business Bank Account
Separate your personal and business finances by opening a dedicated business account.

3. Get a Business Credit Card
Apply for a business credit card to start building credit through small, manageable purchases.

4. Establish Trade Lines
Work with vendors that report payments to business credit bureaus like Experian or Dun & Bradstreet.

5. Monitor Your Business Credit Score
Regularly review your credit profile to ensure accuracy and track your progress.

Building business credit takes time, but the rewards—financial stability and growth opportunities—are well worth the effort​.