Bibi Tyron: Actually most businesses set up lines of credit at the bank for cash flow purposes. They really don't relay on credit cards for financing. Business credit cards are more for routine expenses like travel or office supplies.Business accounts don't report to a credit bureau like consumer credit. Usually a commercial credit inquiry consists of actually calling bank and trade references. Some companies will also use D&B....Show more
Marquetta Gimm: The business credit is usually for that business only. When you go to finance the new business, your personal credit and business credit will be considered when the financiers underwrite the loan. That is the normal procedure to establish credit worthiness.A better bet might be to find a limited partner.
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