For a startup or a growing company, having a good credit rating is extremely helpful in obtaining small business financing, particularly when a firm is relatively new. Aspiring entrepreneurs typically come up with great ideas or venture into an industry in which they already have experience. However, in many cases, they may not be savvy about how the small business finance process works. In fact, they may be so focused on putting together the business that they push back what is often the most important factor of success: the ability to secure enough funding to get the venture up and running.
