Business Credit Application - South Carolina 2025

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In reality, business credit cards are available to new LLCs and offer a smart way to manage company spending. These cards not only help separate personal and business finances, but they also provide an opportunity to build your business credit.
A new LLC starts with no credit score.
The fastest way to build business credit is to establish trade lines with suppliers, apply for a business card, and work with lenders that report to business credit bureaus.
SBA Business Loan for New LLC: Your Options. Two primary SBA loan options are available for LLCs and other small businesses in need of financing: the SBA 7(a) loan and SBA 504 loan. Each has specific ways funds can be used, and they offer different loan terms and loan limits.
If youre looking to start a business and you dont have enough credit yet, this is the solution for you! By forming a new LLC, youll be able to get business credit that will give you the foundation you need to start your business.
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It can take three or more years to build a strong credit history for your business. However, there are steps you can take to start immediately, and you may qualify for some business credit opportunities after just one year.

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