034: How To Build Business Credit

04/07/2017 33 min
034: How To Build Business Credit

Listen "034: How To Build Business Credit"

Episode Synopsis

My guest today is Mr. Michael England, president of River Capital in Stafford, Virginia.  What we're talking about in this episode is credit. Specifically business credit; why it's so important and what you can do to build up your company's ability to borrow. The third of the Six M's in my book Unlocking The M Cube is Money. Access to capital is a critical success factor when starting, growing and running your business. I am not a proponent of borrowing too much, having found myself overleveraged in the past. But I do know that the right mix of vendor credit, equipment financing and lines of credit are very important if you want to avoid cash flow problems. That's why I invited Mr. England to share some knowledge on Radio Free Enterprise.