Best Ways to Protect Your Business During Crisis
                     B E S T  WAY S  
T O  P R O T E C T  
YO U R  
B U S I N E SS  
C R E D I T  
D U R I N G  
C R I S I S
When crisis is occur, Businesses that are low funds 
may rely more heavily on credit to stay afloat. 
Specially small business are susceptible to this as 
they are less likely than more established companies 
to have sufficient emergency capital set aside.  
B U S I N E SS  Business credit can help your business make it 
C R I S I S through the short term, it’s important to protect your 
business credit score so you can continue to operate 
successfully in the long run. 
D E V E LO P  M U LT I P L E  L E N D I N G  
O P T I O N S
Established banking relationships are important to most growing small 
businesses. However, lenders will change their credit appetite for 
several reasons. Opening up discussions with other lenders will offer alternative 
sources if your primary relationship falls short.
K E E P  I N  T O U C H  W I T H  YO U R  
S U P P LY  C H A I N .
In a crisis, it’s important to acknowledge that 
your suppliers and buyers are likely facing an 
equivalent credit issues as you're . Constant 
communication together with your supply 
chain to work out solutions together is 
extremely important.
B E  T R A N S PA R E N T  A B O U T  
YO U R  N E E D S .
A strong business credit score can help your business access credit while 
showing suppliers, partners and vendors that you simply are 
creditworthy. attempt to pay your bills on time, and ask your suppliers 
if you'll have trouble making a payment.
CON TA CT  CRED I TORS  EARLY
Communicate with lenders early and inquire 
about ways they will assist you run 
through the challenging times. In contrast, if 
you wait until dark clouds settle in, it's going 
to be too late to construct a workaround.
A LWAY S  M E E T  YO U R  
P R O M I S E S .
Your vendors are probably as hard hit as you're , and that they probably 
have tons of consumers that are in bad shape. Reach out and allow them 
to skills you're doing. If you would like payment terms, invite them, and be 
clear about how and once you can revisit to normal terms.
K E E P  B U S I N E SS  A N D  P E R S O N A L  
C R E D I T  C A R D S  S E PA R AT E
For many small-business owners, 
business credit score is connected to non-
public credit, which makes it especially 
important for them to guard their scores. 
Some business credit cards don’t hook up 
with personal credit, which may be useful for 
small-business owners who are worried about 
overextending.
U N D E R S TA N D  YO U R  C A S H  
F LO W
If business leaders can understand their income and every one of its 
nuances, they will properly position themselves not only to manage what 
proportion credit is required but also how and when it'll be paid back.
T R A C K  YO U R  C R E D I T  
U T I L I Z AT I O N
Make sure to keep an eye on your credit 
utilization percentage. Don’t overuse any 
card or max it out, as that will negatively 
impact your credit score. It’s better to use 
multiple cards than overuse one and max it 
out.
THANK YOU
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