Up next on our personal credit series... Number of accounts! Your credit score takes into account how many open accounts you have—but it’s not just about quantity. Lenders want to see that you can responsibly manage multiple accounts

Writing a business blog without discussing personal credit and the components that comprise your score feels like teaching someone to ride a bike without wheels. In my career in business finance I can't count the number of times a few tweaks to a client's personal credit score could have boosted the overall appeal of a request to either push it from a decline to an approval, or a good approval to a great approval.

In the lending world, we often start talking about credit after it’s already become an obstacle. But building a strong credit profile takes time—and that includes the age of your accounts. A good credit score boils down to good habits, disciplined budgeting, thoughtful forecasting, and consistent monitoring.

Running a business often means staying ahead with the right equipment—whether it’s trucks, medical devices, or heavy machinery. But buying equipment outright can tie up cash you’d rather keep on hand. That’s where Equipment Financing comes in.

Cash flow is the lifeblood of any business—and when it slows down, so can your operations. That’s where a business line of credit comes in.

When your business needs cash for day-to-day operations, you have a few great financing options—but two of the most common are working capital loans and lines of credit. While both provide access to funds, they serve different needs.

Securing a commercial loan requires lenders to assess multiple financial factors, one of which is comparable debt. Understanding how comparable debt is evaluated can help business owners better prepare for loan applications and improve their chances of approval.