Helping Start Ups Build Their Credit

While several businesses have suffered economic losses during the pandemic, the opportunities for new entrepreneurship have emerged, especially for Black and Brown businesses. However, for many startups, they struggle with building up credit to help establish capital, and can impact their growth potential. Even more challenging is knowing where to go to learn about the importance of business credits.

Tomorrow, Derrick Wood Enterprises will be hosting a webinar on Facebook titled, “Business Credit for Start Ups.” Hosted by Dumfries Mayor Derrick Wood, the free webinar will be from 9am – 10am and will teach on the following topics:

-Benefits to using business credit
-How to make your startup legitimate for business credit
-unsecured business credit vs secured business credit
-how to develop business tradelines
-about revolving business store credit
-about fleet credit

For more information on how you can participate, visit the following link.

Releated

The Northern Virginia Black Chamber of Commerce Announces Significant Partnership with SCORE DC

The Northern Virginia Black Chamber of Commerce (NVBCC) is proud to announce a meaningful partnership with the Washington D.C. Chapter of SCORE, aimed at enriching the educational experience for the Economic Evolution Accelerator Program Founder graduates. This collaboration will provide founders with vital mentorship from experienced business leaders, resources such as business planning tools, and […]