How does a small business get its credit rated?

February 18, 2010 by admin · 1 Comment
Filed under: Credit 
business
xxroxy1616 asked:

I am interested in purchasing my friends resturant to help him get out of debt. He had it incorporated. So I will be owning my own corporation. How do banks and lenders view you as far as credit wise? Is it linked to my personal credit rating or do I get a separate rating for the business(corporation)? Please help before I make a big mistake. I appreciate any and all answers!

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