For your business to build the best possible business credit scores, it must have 1 bank loan,3 business credit cards, and 5 vendor lines of credit.

We really should have said it as 5-3-1, where the five vendor lines of credit is the foundation of a solid pyramid construction forming the base.

Having 5 vendor lines of credit sets the stage for every other part of business credit that your business will build. That foundation will be made of sand if the vendors that extend credit to your business do not report to the business credit reporting agencies. It is vital that all your vendors report your good payment history, not just when you default.

The Business Finance Coach lets you search through and select those vendors that best fit your business needs. It also allows you to see their credit extension requirements before you apply.