How Trade References Can Help Your Startup Get Financing
StartupNation
FEBRUARY 16, 2021
New businesses often find it challenging to get financing. Many lenders prefer to lend to businesses that are at least a year or two old and that have strong financial profiles. But if you wait until your business is a couple of years old, you may find yourself missing a key piece of your credit profile: good business credit. Trade references can help you jumpstart the process of building business credit while helping your startup improve cash flow.
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