In this episode the Huddle Guys discuss the topic of business credit with Darryl Johnson, CEO and Founder of Business Credit Works which helps businesses build credit without personal guarantees or credit checks. A strong focus for Darryl is his commitment to give financial institutions more positive data to assess credit worthiness.
Business credit is just as important as consumer credit. In short, Business credit is for your EIN and it is not linked to your SSN regardless of your personal credit, collateral, or cash flow. Every year, companies go out of business because they can't get money and credit to operate. Without business credit, businesses can struggle to grow and scale.
The Huddle Guys talk about how to get business credit, and use it wisely. They remind us that this is not a get-rich-quick scheme! And no Huddle is complete without some fun banter. The Guys talk MLB and their guest’s celebrity look alike.
The Huddle Guys want to hear from you about business credit, or another financial topic that is important to you. Connect with them via social media or drop them a line on the show’s website contact page: Contact Us | CPA Huddle. They may address your voice mail on an upcoming episode. It’s time to Huddle Up!