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  • Equiire Staff

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:

๐Ÿ‘‰ Monitor regularly

๐Ÿ‘‰ Wisely increase limits

๐Ÿ‘‰ Plan your expenditure

๐Ÿ‘‰ Settle everything on time

๐Ÿ‘‰ Have a diverse credit portfolio

๐Ÿ‘‰ Keep emergency buffer

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