FAQ Categories

Does having a personal credit card help build business credit?

Historically no, but things are changing. Personal cards have traditionally only reported to consumer credit bureaus (Trans Union, Equifax and Experian).

There is a link between personal and business credit as many lenders will look at both during an application process. This is especially true for truckers. Further, Experian has a model that will take into account some personal credit for a business credit score (see here). This means in many cases keeping your personal credit cards in good standing can will benefit your business.

Speak to BLF about how to establish and work on your Business Credit.

BLF is here to assist you

Our goal is to provide you with expert help and guidance for you needs. Whether you need funding or business services for your trucking company, you are in reliable hands.

Scroll to Top