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Be the reason your business takes off

To start or expand your business, you may need funding. In many cases, your personal creditworthiness directly affects your ability to secure that funding. While your personal credit profile and your business credit profile are separate entities, they’re often interconnected, especially for entrepreneurs and small business owners. Let’s look at how you can manage your personal credit profile responsibly to maximise your business’s borrowing capacity, access favourable financing terms and set yourself up for success. 

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Firstly, what is credit?

Credit is the ability to get goods or services before payment.

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Next, what is a credit score?

A number that indicates your creditworthiness. 

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Then, what is a credit report?

Information about your financial history and behaviour.

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Now, what’s next?

Where are you in your credit journey?

Budget
Build
Manage
Monitor
Monitor
Plan
Manage