January 21, 2022

Business Credit Basics | SBEP Finance Town Hall

2 min read

Learn the ins and outs of establishing business credit in this Town Hall. Alannah T. Ariel with Operation Hope goes over business credit basics, including establishing new business credit, how business and personal credit scores affect you in your business, and tips and tricks on building on existing business credit. We also have the latest SBA Payroll Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) updates from Alfredo Cedeño from the US Small Business Administration. UNR Extension Small Business Education Program instructors Juan Salas, Reyna Mendez, and Mike Bindrup also facilitate this topic.

00:00 – Welcome
01:32 – Introductions
02:36 – SBA Loan Program Updates
12:29 – Credit Scores: Personal and Business
32:32 – Personal Credit Scores
41:26 – Business Credit Scores
52:00 – How to Build Business Credit
53:28 – Moving Forward: Credit Action Plan

This video is from the Small Business Education Program. Visit our webpage for resources, upcoming classes, and more: extension.unr.edu/BusDev

UNR Extension Presenters: Juan Salas, Reyna Mendez, and Mike Bindrup

The Small Business Education Program is part of the University of Nevada Extension’s Community and Economic Development Team. The Small Business Education Program aims to instruct small business owners and entrepreneurs about fundamental business concepts while providing access and direction to informational resources. The program team is bilingual in English and Spanish and strives to deliver as much content as possible in both languages.

Do you have an idea for a future video? Do you have a business concept that you’d like to see explained? Please comment below or send us a message through the contact form found on our webpage: extension.unr.edu/BusDev

Don’t forget to like and follow us on Facebook: facebook.com/ExtensionBusinessEducation

Reno Nevada News Source: UNRExtension

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