Posted by Natalie-VA on July 19, 2007 at 08:54:04:
I would like to add that after doing this for over 7 years, trying to build credit in your business name is a complete waste of time, IMO. You’re always going to be asked to guarantee this stuff personally.
Setting up all of these different accounts with credit lines creates a lot of extra bookkeeping that I really don’t want to deal with anymore. The only benefit I see at this point is if we get contractor’s discounts by having those accounts set up. Otherwise, it’s just easier to put everything on the business mastercard.