Build Your Business Credit Step-by-Step
Follow these essential steps to start building strong, legitimate business credit. These tools and services are trusted by The Credit Health, and we've included our recommended resources with affiliate links to help guide you.
Step 1: Form Your LLC or Corporation
Make sure your business is legally established as an LLC or Corporation. This is the foundation of your business credit profile.
Step 2: Open a Business Bank Account
Open a business checking account under your LLC or Corporation’s name. This is critical for separating your personal and business finances and legitimizing your operations.
Step 3: Set Up Business Payroll
To legitimize your LLC or Corporation, you need to pay yourself through payroll.
Use Gusto for PayrollStep 4: Establish Trade Lines and Credit Accounts
Use tools to track your business credit scores and get matched with credit-building vendors and cards.
Track Credit with NavStep 5: Add a Business Credit Builder Account
Build a positive payment history for your EIN with a business credit builder account.
Start with CreditStrongNeed help? Contact us at support@thecredithealth.com or call us at (866) 330-7553.