---
title: "Your Cash Flow Newsletter: Tips, Updates and News for November 2022"
---

| Cash Flow Factor \| November 2022 Newsletter View this email in your web browser |
| --- |
| Building Business Credit Hi there, You can establish business credit with any type of business structure. Establishing good credit early on can help you secure financing if or when you need it. Like your personal credit score, your business' rating can be the determining factor in loan applications. Bad credit can affect insurance rates and potential relationships with vendors or suppliers. Here are some tips on how to build good business credit: Create a business bank account. Keep your business and personal expenses separate by opening an account for your company. This way, your credit rating and your business' rating will not reflect on each other. Pay bills on time. This may seem obvious, but a great way to build credit is to make payments on time. Timely payments are reported to credit bureaus, which will help you become more attractive to potential lenders. Monitor your credit. Periodically check your personal and business credit reports to maintain good credit and protect yourself against identity theft. Visit the Annual Credit Reports website for free reports and check your score on all three major business credit reporting agencies: Dun & Bradstreet, Experian and Equifax. Avoid liens and bankruptcy. Liens and bankruptcy filings under your business' name can stay on your business' credit score for years. Make sure you pay all taxes and business debt if you can. Though bad business credit is not a barrier in funding your business with invoice factoring, it can create problems in other areas. Bad credit can seem like a large hurdle to overcome, but it's never too late to start improving your business' credit score. Hopefully these tips can help you practice good fiscal behavior, which is a key element to growing a successful business. Best of luck, Daniel Eke Factor Funding Co. Did You Know? Unlike personal credit, your business credit score is available for anyone to check. A credit check won’t trigger a notification to you, and it doesn’t require your consent. Source. From the Blog Tips for Business Owners With Bad Credit If you’re an entrepreneur with bad credit, you may feel that your venture is hopeless. However, there are things you can do to get your operations back on track. Read More → Can Factoring Affect My Credit Score? If you want to take your business to the next level, you need to find ways of building the company's credit profile. Factoring can help you make that happen. Read More → Industry Events IFA Events International Factoring Association In-person and virtual events View all 2022 events Read More → SBE 2022 Tour Small Business Expo In-person and virtual events View all 2022 events Read More → SOCIALS Want to see more? Like us on Facebook. ABOUT US Factor Funding is a nationwide small- and medium-sized business factoring company and a leader in helping young and growing businesses—including startups, minority-owned, and women-owned companies—meet cash flow needs and provide for future growth. For over 25 years, our factoring company has been providing fast and reliable cash flow solutions to a variety of industries through creative funding techniques. Factor Funding is committed to helping growing companies discover and take advantage of hidden and untapped capital potential—thus empowering you to implement plans and strategies to grow to your fullest potential. |
|  |
| Ready to learn more? Contact Factor Funding today. Share this with your friends!    © 2022 FACTOR FUNDING CO. All Rights Reserved. 2800 Post Oak Blvd Ste 4100A \| Houston, Texas 77056 \| (713) 660-8300 You received this email because you are subscribed to Marketing Information from Factor Funding Co. Update your email preferences to choose the types of emails you receive. Unsubscribe from all future emails |