Credit Reporting, Lunch & Learn
After completing this training, you will be able to: • Explain the concept of credit reporting and the impact of credit reports on the operation or growth of a small business. • Identify the credit reports and other reporting systems commonly used to assess the risk of extending credit to a small business. • Explain how credit reports work. • Identify the benefits a small business derives from a positive record of managing its debts and obligations. • Identify risks to a business from credit-related scams or frauds and take steps to avoid or mitigate harm caused by them. • Identify the common business practices and products, tools, and services that are available for a small business to help in proper credit reporting. • Identify strategies for building or improving business credit. • Explain how the personal finances of a business owner impact the ability of a business to get credit.
Speaker(s): Woodforest National bank
Fee: No Cost