When a business applies for funding, banks take a deep dive into more than just income or revenue. They analyze both your personal and business credit, your company’s structure, time in business, debt history, cash flow, and even how your business is legally set up. In short — they want to know: Can you repay this loan? Are you a risk?

 

One of the first things banks look at is the owner’s personal credit score. Even for established businesses, your personal credit reflects how you manage money — and banks use it to measure your trustworthiness. If you have derogatory marks, high utilization, or a history of missed payments, you’re likely to be denied — no matter how much your business earns.

 

Next, banks review your business credit, which includes how your business pays vendors, your business credit cards, and whether you’ve established any trade lines or DUNS number. Most small business owners get denied simply because they haven’t built proper business credit, have inconsistent financial records, or have a poor structure (like operating as a sole proprietorship without an EIN, business checking, or LLC).

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HOW WE SET THE TONE AND GET APPROVALS​​

 

That’s where MyCreditLife steps in. We specialize in positioning your business to look fundable on paper. First, we clean up your personal credit, removing inaccurate or negative items that trigger red flags. Then, we help you build and optimize your business credit profile — setting up your business correctly, establishing vendor accounts, building strong payment history, and connecting you with real funding sources that match your profile.

 

With our help, clients have been approved for $10K to $100K+ in business credit and funding, even after previous denials. Why? Because we know how to make your application look strong, legitimate, and low-risk — exactly what lenders want to see.

 

At MyCreditLife, we don’t just help you get funding —

We help you build a business foundation that lasts.