Business Credit Repair
Particularly if you are a brand new startup, no lender expects you to have established good business credit. But there are plenty of predatory service providers out there who would like to convince you otherwise. These business credit or credit repair services will offer to "fix" your business credit to make you more eligible for a business loan. Mostly, though, they're just out to take your money.
These services should not be confused with personal credit repair, which you may or may not need depending on your situation. If your credit score is above 650, you should have a fair number of options for business loans. If your personal credit score is in the 500s or lower, you may benefit from some credit repair assistance. However, make sure you are working with a reputable service, as there are many scams in this realm as well.
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