Lunch & Learn: Business Credit Confidence

Unlock the secrets to navigating the world of business credit with our insightful virtual Lunch & Learn tailored specifically for small business owners in South Carolina. In this interactive online session, we'll guide you through the nuances of establishing and managing business credit, empowering you to make informed financial decisions that propel your business forward.

Key Topics Include:

Introduction to Business Credit: Understand the fundamentals of business credit and why it is essential for the growth and stability of your small business. Learn how building a positive credit profile can open doors to financing and favorable business relationships.

Establishing Business Credit: Discover practical steps to establish and build your business credit profile. From obtaining an Employer Identification Number (EIN) to opening business accounts, explore the foundational elements that contribute to a strong credit foundation.

Credit Reporting Agencies: Navigate the landscape of credit reporting agencies and understand how they impact your business credit score. Learn how to access and monitor your business credit reports, ensuring accuracy and identifying areas for improvement.

Building a Positive Credit History: Delve into strategies for building and maintaining a positive credit history for your small business. Explore responsible credit utilization, on-time payment habits, and other factors that contribute to a strong credit profile.

Understanding Credit Scores: Gain insights into the factors that influence your business credit score. Learn how lenders and creditors assess your creditworthiness and discover ways to improve your score over time.

Navigating Credit Products: Explore different credit products available to small businesses, including business credit cards, lines of credit, and term loans. Understand the pros and cons of each and learn how to choose the right credit products for your business needs.

Credit Management Best Practices: Acquire practical tips for effective credit management. From monitoring your credit regularly to addressing and resolving issues, learn how to proactively manage your business credit for long-term success.

Expert-Led Q&A Session: Engage with financial experts specializing in business credit for small businesses. Bring your questions and receive personalized advice to address the specific credit concerns of your business.

Don't miss this valuable opportunity to gain confidence in managing your business credit. Register now for our virtual Lunch & Learn and enjoy a knowledge-packed session designed to empower your small business with financial wisdom.

Stephanie Fox Financial Wellness Leader II Truist Financial Wellness Program Lowcountry and Lowland South Carolina Regions

Stephanie Fox is Truist’s Financial Wellness Leader II for the Truist Financial Wellness program. She covers the Lowcountry and Lowland South Carolina Regions. Stephanie has nearly 8 years of banking experience and excels in enhancing the customer experience. Stephanie has been with Truist since January 2020. Prior to Truist, Stephanie started for banking career with Wells Fargo Bank in downtown Charleston, South Carolina.

At Wells Fargo, Stephanie has held in a variety of community banking positions and has been recognized as a star performer. During her five year tenure at Wells Fargo, Stephanie was an impactful leader as an @Work Onsite Educator and Small Business Advocate. As a result, she was able to build trusted banking relationships with small businesses and consumers. Her favorite part of her role was actively being involved with the local community and facilitating for three years at the Charleston Black Expo where she inspired others to live better lives and futures.

Currently, Stephanie is a member of the Miller Motte College Advisory Board and actively participates in the Be the Light nonprofit organization based in Hampton County, South Carolina. She is also a Notary Public for the State of South Carolina.