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Can your credit score affect your home business?

  • 1 of 13

    by Angela Russell

    Many financial advisor's will tell you that if you have no debt and don't borrow money, your credit score doesn't matter. In a perfect world, this might ring true, however there are situations in which a low credit score ...read more

  • 2 of 13

    by R.L Hanlon

    You've finally got your home business as far as it will go, but you need a little more cash flow to sustain your buying trends and improve cash flow. You get your business plan typed up and to your satisfaction and make a...read more

  • 3 of 13

    by R Marie Taylor

    Your credit score can affect your business in at least two ways: 1. Cash Crisis If your home business ever faces a cash crisis, then a good credit rating will allow you access to loans and lines of credit to cover t...read more

  • 4 of 13

    by Bob Schmidt

    Your credit score affects almost every aspect of your life, including personal and business aspects. Since it is your personal credit history, it is your unembellished reflection. Business associates, bankers, and potentia...read more

  • 5 of 13

    by Patricia Gilliam

    In looking at whether a credit score can affect your home business or not, I want to first go into what a credit score, also known as your FICO score, is and how it is established. This information can be found directly f...read more

  • 6 of 13

    by Ginger Kazay

    Can your credit score affect your home business? The truth is that in some cases it will affect your business and in other cases it has little or no effect. Your credit score will not affect your home business if: 1...read more

  • 7 of 13

    by E.M.Robinson

    The time will come when your credit score will affect what options in operating a home business. In a home business, you may not be thinking about credit right away, but the time will come that you will need more equipment...read more

  • 8 of 13

    by Jennifer Mcintyre

    Can your credit score affect your home business? Yes, your credit score is invaluable to you whether you run a home based business or any other type of business. Your credit score is the bedrock number that financial insti...read more

  • 9 of 13

    by Rachel Logterman

    Most people start a home business to make money, and it takes money to make money. Unless you have a source of capital for your home business (i.e. you are independently wealthy or have a solid investor), your credit score...read more

  • 10 of 13

    by Ken Clark

    Warning: A couple of late payments, up to seven years ago, can cost your home-based business thousands of dollars. Really, it can. It is one of the great small business ironies. Owners who would work hundreds of hours t...read more

  • 11 of 13

    by Trisha Lewis

    In many of ways whether you want to believe it or not starting your home business can affect your credit score. It can affect your credit score in a bad way or a good way. It all depends on you and where you will be gettin...read more

  • 12 of 13

    by Elizabeth Picard

    There are many aspects of your personal life that can affect your home business. Some are obvious, like the skills you possess or money you have to invest. Some are not so obvious, like your credit score. Some try to li...read more

  • 13 of 13

    by Otis Wilson

    The impact that your credit score has on your business depends on what you are seeking to accomplish. If longevity, stability, and growth are identified objectives for your success as a business owner, then your credit sco...read more

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