Build Business Credit For your Senior Care Business

Building business credit could be tough and a long process. With my first business, it took me 2 years to build credit in order to establish lines of credit in my business name without having to personally guarantee the loan.

With my new LLC, I started to use a company called Brex. I chose Brex because it doesn’t require any personal guarantee, offers great limit and payment terms, and it’s built with smarter technology (e.g. accounting integrations, receipt-tracking) that provides a ton of value our old card didn’t. It’s already saved me a ton of time.

I started to have my checks direct deposited into my Brex account and I used it for all my business transactions. Once you use the card, it does not use your funds right away, it “loans” you the money and then reports it to Experian and Dunn & Bradstreet as a on time payment. This is huge! It really supports building credit history for new businesses without using your own credit. Now I am able to get stand alone lines of credit for my business without impacting my personal credit.

 

Brex offers best-in-class point multipliers based on the merchant category of the transaction. 1x = 1 point earned for every dollar spent. Brex points are uncapped and never expire.

Customers with a Brex Cash account that make daily payments on their card earn the highest rewards: 8x on rideshare, 5x on Travel, 4x on restaurants, 3x on eligible Apple purchases through the Brex Rewards Portal, 1.5x on ads, and 1x everything else.

For customers that identify as Tech or Life Sciences, you can enjoy rewards tailored to your industry. Tech rewards: 8x on rideshare (e.g. Uber, Lyft, Taxi), 5x on travel booked via Brex Travel, 4x on restaurants, 3x on eligible Apple purchases through the Brex Rewards Portal, 3x on recurring software, 1x on all other transactions. Life sciences rewards: 8x on conference tickets, 5x on travel booked via Brex Travel, 3x on eligible Apple purchases through the Brex Rewards Portal, 2x on lab supplies, 1x on all other transactions.( I would bullet this paragraph out to make it easier to read about the rewards)

Customers with a Brex Cash account that make monthly payments earn 1x less in most spend categories. Learn more about all of Brex rewards multipliers and options.

If you’re interested, sign up with my link and you’ll get a $250 gift card once you spend $1,000. This promotion could change at any time so the earlier you sign up the better.