Brent Carlson explains the importance of building business credit and shares actionable strategies for entrepreneurs to enhance their financial position. He emphasizes the value of establishing a Dun & Bradstreet (DUNS) number and working with vendors that offer net 30 terms, such as Quill and Granger. "Within three to four months, you can build a Paydex score of 75 or higher, positioning your business for better funding opportunities," he says.

Brent reflects on his own journey, recounting how a $40,000 loan with a 20% interest rate helped his company achieve seven figures in its first year. "Without that loan, I don’t think I’d be here 11 years later," he shares, underscoring the potential of leveraging credit wisely.

For businesses with no credit history, Brent advises starting small by purchasing necessary items like office supplies through vendors offering credit terms. "Even spending $50 to $60 monthly on essentials can build your business’s credit profile," he explains.

He concludes by encouraging attendees to explore credit-building opportunities tailored to their business needs, noting that with consistent effort, it’s not difficult to establish a strong foundation for financial growth.