471 FBF: Managing Business Credit with Gerri Detweiler

Today's Flash Back Friday comes from Episode 236, originally published in February 2016. Gerri Detweiler is Head of Market Education for Nav, a website that helps entrepreneurs manage and build their personal and business credit. She is also co-author of the new book Finance Your Own Business with Garrett Sutton. Jason and Gerri have an in-depth discussion about what business credit is, how you can obtain it, how you can actually attain GOOD business credit and what you can do with it in your business. Key Takeaways: [5:19] Specific examples of using business credit and protecting your personal credit score [9:51] Managing your business credit report [11:35] How you actually get started with business credit [12:55] Some important business credit terminology [15:23] A tip that can help improve your credit score by simply changing the day you're paying your bills [18:14] Looking at the time commitment that's likely required when you start getting your business credit underway [21:49] The coming rise of equity crowdfunding Websites: www.NAV.com www.CorporateDirect.com www.Kiva.org