Thursday Oct 3, 2024
12:00 PM - 2:00 PM EDT
October 3, 2024, 12:00pm EDT
$0:00
$0:00
Barry Black, Education Director
Mid-Florida SCORE
352-399-0050
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Starting a business requires money, which usually comes from the pockets of the owners. But using personal credit cards and personal loans to build a business can be dangerous, as personal credit is limited, and the more you use it, the worse your score will be. But business credit works the opposite way: the more you use it, the more you can get. Boyd Karren of Otro Financial will walk you through the proper sequence for building business credit so your business can qualify for funds on its own, without your SS# or FICO score. When done right, banks end up going after you with low-cost or near-free financing offers.
Printed courtesy of www.mountdora.com/ – Contact the Mount Dora Area Chamber of Commerce for more information.
341 Alexander St., Mount Dora, FL 32757 – (352) 383-2165 – admin@mountdora.com