The Business Credit Myths That Keep Owners Broke

Every entrepreneur wants access to funding, but most are building their business credit on bad advice. The truth? What you don’t know about credit can keep you locked out of growth.

Here are the biggest myths I hear:

1. “My personal credit doesn’t matter.”
   Wrong — lenders almost always check both, especially in the early years.
   
   

2. “A DUNS number builds credit.”
   Not by itself. It’s a registration, not a credit profile.
   
   

3. “One business credit card is enough.”
   You need layered trade lines reporting to multiple bureaus to build strength.
   
   

4. “Revenue guarantees approval.”
   Banks want documentation, history, and structure, not just deposits.
   
   

5. “Paying bills on time is all it takes.”
   It’s step one, but reporting, utilization, and vendor mix are what really move scores.
   
   

The Fix?
Stop chasing shortcuts. Build a strategic credit foundation with real reporting vendors, structured accounts, and long-term discipline.

📘 Want to position your business for real funding? [Book a credit strategy session.]