The same is true for business credit.
Why does business credit matter, you still might ask? Because if you never build your business credit, then you will have a more difficult time in getting financing for your business; or you will pay higher interest rates and get worse terms, if your business doesn’t have a credit history. If you don’t establish it separate from your personal credit, your business credit will always be tied to you personally. For liability and growth reasons, you want you and your business to be separate entities. Financing can be a crucial part of growing a small business in the good times and keeping it afloat in rough times. Strive to have your business credit separate from your personal credit, so if something happens in your business and it were to go south (or vice versa) that your personal solvency is not at risk.