Good Business Credit Can Make a Big Difference

When it comes time to make a sizable equipment purchase for your company, deciding how to pay for the purchase is a major factor. Even if you have the cash in your bank account, here are two reasons why you should still consider financing the purchase with an equipment loan.

Many small business owners use personal credit to run their business. However, many creditors today are now relying on both personal and business credit when evaluating business lending, leasing and other credit extension transactions. Reporting agencies like Dun & Bradstreet is an example of a business credit reporting source.