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Updated about 11 years ago on . Most recent reply

User Stats

143
Posts
105
Votes
Zach Davis
  • Investor
  • Portland, OR
105
Votes |
143
Posts

Building Business Credit

Zach Davis
  • Investor
  • Portland, OR
Posted

Hey guys, I'm looking into starting an LLC in the near future. The question I have is this: Is there a good way to begin building a good credit report for the business before it is actually in use. I was thinking something along the lines of getting a business account, credit card, and lines of credit, but just letting them sit until they would be needed at a later date. Would that begin to build credit or is all of that of no benefit without consistent business income or use of the credit? Thanks in advance for your help.

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