Transform your business credit score from startup to SBA loan-ready. Our proven system helps businesses improve credit scores by 20-50+ points in 6-12 months.
Understanding where your business credit stands and what lenders look for in SBA loan applications.
The five key factors that determine your business credit score and how to optimize each one.
Pay all business bills on time, every time
Keep business credit card balances low
Maintain older business accounts
Diversify types of business credit
Manage new credit applications carefully
Follow this proven timeline to build business credit from zero to SBA loan-ready in 6-12 months.
Avoid these common mistakes that can destroy your business credit and hurt your chances of SBA loan approval.
Hurts both personal and business scores
Keep business expenses on business accounts only
Severely damages payment history (35% of score)
Set up automatic payments for all business bills
High utilization destroys credit score
Keep balances below 30% of credit limits
Miss errors and fraudulent activity
Check business credit reports monthly
Multiple inquiries lower credit score
Space credit applications 3-6 months apart
Reduces credit history length
Keep old accounts open and use occasionally
Once your business credit score is 70+, you're ready to explore SBA financing options. Calculate your potential loan amount and monthly payments.
While there's no official minimum, most SBA lenders prefer business credit scores of 75+ for the best rates. Scores of 60-74 may qualify but with higher rates. Below 60, approval becomes very difficult.
Building business credit takes 6-12 months minimum. You can establish basic credit in 3-4 months, but building a strong score (75+) typically takes 12-18 months of consistent payment history.
It's very difficult. SBA lenders typically require both good personal credit (680+) and business credit (60+). Focus on improving your credit first, then apply for SBA financing.
Yes! SBA loans are excellent for building business credit because they report to all major business credit bureaus. Making on-time payments significantly improves your business credit profile.
Personal credit scores range 300-850 and track your individual credit history. Business credit scores range 0-100 and track your company's credit history. Both are important for SBA loan approval.
Don't wait to start building business credit. The sooner you begin, the sooner you'll qualify for SBA financing to grow your business.