6 Ways to Balance Credit Utilization
Let's talk about balancing your credit utilization!
Keeping a healthy credit usage ratio is critical for your business credit score and shows appropriate credit management. But what about getting sufficient credit to meet your business's needs?
Here are a few ways to keep your credit usage ratio low while yet having enough credit available to meet your business's needs:
👉 Monitor regularly
👉 Wisely increase limits
👉 Plan your expenditure
👉 Settle everything on time
👉 Have a diverse credit portfolio
👉 Keep emergency buffer