Credit

[Andrew Cobb]

What can I do to buils my personal credit score and build a business credit score as quickly as possible in order to obtain a large business line of credit?

[Ryan A.]

Is your name tied to a business? (sole proprietorship, DBA)? You will need to fix your credit.

First, get current on debts.
Next, make sure you pay all bills on-time.
Take out a small secured loan or credit card from your local bank.
Pay it back on-time / quickly.
Take out a larger secured loan/credit card from your local bank.
Pay it back on-time / quickly.

If your business is an LLC or Corp you need to develop the businesses relationship with lenders and other businesses. This may take some time.
The same idea applies here.
Go to your local bank and obtain a small secured loan for your business.
Pay it back on-time / quickly.
Get a larger loan.
Pay it back on-time / quickly.

You get the idea. It will take time.

Time and steady on-time payments will increase credit score. Too much debt will decrease credit score.

Baby steps.