SBA offers credit management resource
The U.S. Small Business Administration (SBA) and Dun & Bradstreet, Short Hills, N.J., have partnered to launch a series of training resources designed to help small-business owners manage their business credit. Offering step-by-step guidance, the resources are meant to help small-business owners improve their chances for profitability by understanding the significance and use of business credit.
"This new partnership between the SBA and Dun & Bradstreet will help small-business owners optimize their business credit profiles, which can potentially lower costs of credit and improve cash flow," says David Kieselstein, senior vice president, small business, for Dun & Bradstreet.
The resources feature five steps to establish and maintain a positive business credit file, including starting a business credit file; establishing a credit history; paying bills on time; monitoring and understanding business credit files; and monitoring customer and supplier credit.
The training resources also include an online webinar, CD-ROMs, brochures and more information about properly establishing and protecting business credit. Resources and information are available on SBA's Web site, www.sba.gov
Date : 1/10/2008