THE C.R.E.A.M. LEAGUE
THE C.R.E.A.M. LEAGUE
Back to Course

Establish Business Credit Like A Boss

0% Complete
0/0 Steps
  1.  1. Lender Requirements Overview(Introduction)
    18 Topics
  2. 2. Come Up With A Business Name
    5 Topics
  3. 3. Create a Legal Entity
    2 Topics
  4. 4. Get An EIN
    1 Topic
  5. 5. Get A Business Address & Phone
    6 Topics
  6. 6. Get Business Licenses & Permits
    2 Topics
  7. 7. Create Website & Business Email
    3 Topics
  8. 8. Get a Business Checking Account
    2 Topics
  9. 9. Get Business Insurance
    1 Topic
  10. 10. Get An Accountant
    1 Topic
  11. 11. Create A Business Plan
    1 Topic
  12. 12. Business Credit Reporting Agencies
  13. 13. Register With Dun & Bradstreet
    3 Topics
  14. 14. Get Your Experian Business Report
    2 Topics
  15. 15. Get Your Equifax Business Report
    2 Topics
  16. 16. Business Credit Scores
  17. 17. Business Credit Information Business Credit Information
    2 Topics
  18. 18. Optimize Your Personal Credit
    4 Topics
  19. 19. Adding Vendor and Credit Tradelines
  20. 20. Apply for Vendor Accounts
    10 Topics
  21. 21. Apply for CD Secured Business Loan
    1 Topic
  22. 22. Ask Suppliers To Report To The Bureaus
    2 Topics
  23.  23. Apply For Business Credit Cards
    3 Topics
  24. 24. Business Term Loans
    3 Topics
  25. 25. Equipment Financing
    3 Topics
  26. 26. Business Line of Credit
    3 Topics
  27. 27. Invoice Financing
    3 Topics
  28.  28. Business Cash Advance
    3 Topics
  29. 29. SBA & Long-Term Loans
    3 Topics
  30. 30. Explore Business  Credit Cards

Participants 2321

Show more
Establish Business Credit Like A Boss 26. Business Line of Credit Disadvantages of a Line of credit:
Lesson 26, Topic 3
In Progress

Disadvantages of a Line of credit:

RoseAllure August 29, 2022
Lesson Progress
0% Complete

– Usually, require business to be at least 2 years old

– Interest rate can fluctuate

– Qualifying can be difficult

Apply For Business Line Of Credit

Fundbox

Invoice Financing

– Get 100% of the value of invoices

– Good for paying off customer bills

– You can get funded in one to three days

– Doesn’t have minimum requirements for revenue, credit score or time in business

Click Here To Apply

Explore more business funding options CLICK HERE

Pay careful attention to recommendations posted on the “Learn More” link before you apply.

Explore more business funding options CLICK HERE

Pay careful attention to recommendations posted on the “Learn More” link before you apply.

TO DO LIST TO COMPLETE IN THIS STEP

1. Review various lenders and their terms and apply for business funding.

2. Pay careful attention to recommendations posted on the “Learn More” for each lender.