Module 1: Business Credit Basics

VOCABULARY: Business Credit: credit that is established under a business name using an EIN number and not a personal social security number of an individual. Consumer Credit: credit established under an individual’s tax ID number (social security #) Bank Credit: Bank credit is the amount of credit available to a business from the banking system. It is the…

Module 1: Business Credit Basics

VOCABULARY: Business Credit: credit that is established under a business name using an EIN number and not a personal social security number of an individual. Consumer Credit: credit established under an individual’s tax ID number (social security #) Bank Credit: Bank credit is the amount of credit available to a business from the banking system. It is the…