Not exact matches
If, on the other hand, you want to incorporate as a
limited liability company, referred to in the US as an LLC, then the relevant
credit histories will be separate, and you'll have different
credit profiles for yourself and your
business.
Therefore,
business owners can experience
limited success and stunted growth if
business credit profiles, scores, and indexes go unmanaged.
Corporate
business is very attractive as there is virtually no
limit to the number of loans a
business may take, provided a positive
credit profile is established and is reported by
credit - reporting agencies.
Blemishes on your
credit profile won't necessarily exclude you from financing for retail
businesses, but a weak
credit profile will probably
limit your options.