Dr. Jay's Guide to Leveraging Business Credit

A business line of credit can give your company the necessary working capital to maintain inventory, fulfill emergency orders and meet other urgent business needs. It can also help you maintain consistent cash flow, easily track business expenses, and even fund plans for expansion. To qualify for a business line of credit, focus on maintaining good personal and business credit histories. You must also prove your company’s
ability to generate a positive cash flow, as lenders will consider this in judging your ability
to make payments.

Having access to credit can help your small business thrive — even if it’s facing difficulties.