Understanding the Three Tiers of Business Credit

What are the three tiers of business credit? 2 Don’t Run Upstairs! 2.1 Tier 1: The Vendor Credit Tier. 2.2 Tier 2: Alternative Lenders. 2.3 Tier 3: Traditional Financing. Read more on www.creditsuite.com For each business owner, developing business credit is essential. It enables them to gain access to capital and resources that can support … Read more

Understanding Tier 2 Business Vendors and Business Credit Tiers

What are Tier 2 business vendors? Examples of tier two vendors include: Home Depot, Office Depot and Staples. Tier three vendors fall into the category of business financing and bank lending. They are simultaneously more recognizable and harder to receive lines of credit from. Read more on www.fortunebuilders.com It’s crucial to comprehend the tiers and … Read more