If you’re a business owner and need additional funds to grow, you might be curious about business credit… what is it, how do you get it, and how do you use it? Business credit can be really powerful for business owners. It can help you fill short-term cash flow gaps, hire new employees, buy inventory, set-up a new website, launch a new marketing campaign, and more. But, it’s really important to understand the ins and outs of business credit and how to leverage it properly. In this webinar, together Experian and Kabbage will cover: -Basics of business credit -Why business credit is important -Maintaining business credit separately from personal credit -How to establish and grow business credit -Planning ahead by understanding what can improve a credit score -Understanding business credit and loans -Kabbage credit – data vs. business credit -Case studies from business owners who have leveraged business credit

1. Kabbage Kam Webinars
#KabbageKam
Earning Your Cred:
Understand & Leverage Business Credit
Featuring Speakers From:

2. •Basics of business credit
•Why business credit is important
•Business credit vs. personal
credit
•Establish & grow business credit
•What can improve a credit
score?
Meet the speakers…
Andres Thomas
Customer Success
Kabbage, Inc.
• MODERATOR
• Case studies from business
owners who have leveraged
business credit
Brian Ward
Senior Director
Business Information Services
Experian
•Business credit and loans
•Kabbage credit: data vs. biz credit
Spencer Robinson
Head of Data Operations
Kabbage, Inc.

3. Brian Ward
Senior Director
Business Information Services
Experian

4. Why is Business Credit
Important?

5. Why is Business Credit
Important?
• Survive
• Sustain
• Grow
“May the odds be ever in your favor”

6. Why is Business Credit
Important?

7. Why is Business Credit
Important?
• Gain leverage in your business relationships

8. Why is Business Credit
Important?

9. Why is Business Credit
Important?
• Reduce personal risk

10. Understanding Credit Reporting
• Your credit bureau report is at the heart of building business credit
• Credit data is collected from a wide range of sources

11. Primary Factors of Your Score
Score factors include, but are not limited to:
• Derogatory public records: collections, liens, judgments and bankruptcies
• The status, recency, frequency and dollar amounts of any applicable liens,
judgments or bankruptcies
• Trends in slow payment of obligations
• The number of business credit inquiries or applications that are generated
by the business or owner
• The number of trade experiences, balances outstanding, payment habits,
credit utilization and trends over time
• Years in business, line of business or SIC code, size of business and other
demographic data

12. Just the Facts: Business Credit
You can view any
business’s credit
report
Your consumer score has
no impact on your
business score and
vice versa
Personal scores are not
the same scale as
Business scores

13. Build Your Business Credit
• Act like a business
– Establish accounts in your business name, not
your personal name
• Be visible
– Ensure that your good behavior is reported
• Borrow then pay on time
– Stay current to agreed upon terms
• Monitor your company’s profile
– Check and correct outdated information
– Be alerted of important changes in your
company’s name

14. Get Started Today
1. Use the tips we provided

15. Get Started Today
1. Use the tips we provided
2. Verify your business credit report at:
SmartBusinessReports.com

16. 1. Use the tips we provided
2. Verify your business credit report at:
SmartBusinessReports.com
3. Learn how to improve your business
score:
SmartBusinessReports.com/scoreplanner
Get Started Today

17. Spencer Robinson
Head of Data Operations
Kabbage, Inc.

18. Business Credit for Loans
+ Are you a business?
+ Do you have any existing liabilities?
+ Do you have existing business relationships?
+ Will you try to pay back a loan?
+ Can your business support the payments?
+ How/where will the loan payments come from?
+ Etc.
What do lenders look for?
18

19. Kabbage Data Enhances Traditional Data
• Verifies business entity
• Historic business
relationships
• Payment history
• Focus on historic behaviors
• 360° view of business
model
• Verifies business entity
• Focus on the current
behaviors
Kabbage Data Business Credit Profile

20. The more services you link,
the better we understand your business.
This allows us to possibly increase your credit line.

21. Who is the Kabbage Customer?
Customer service is already amazing, the UI is
very impressive, and it’s an incredibly fast
service! Not sure what could improve at this
point!
“ Honestly you guys are a god send for small
businesses and, in my honest opinion, doing more
to kick start the economy than our government.
Thank you!
“
”
+ 1-25 employees
+ Years in business > 1 year
+ Industry: All small business verticals
+ May or may not exist in traditional business credit databases
+ Varying needs for capital over a period of time
21
”

22. Andres Thomas
Customer Success
Kabbage, Inc.

23. Kevin Pereira: Wet Shave Club
Shortly after starting his own business,
Kevin Pereira found himself with a good
problem to have: his company, Wet
Shave Club, was growing too quickly.
“We were in a situation where we
couldn’t keep up with the membership
requests we had,” Kevin said. “We were
getting more and more members, but we
didn’t have the inventory to fill all of our
requests. We needed working capital
from somewhere.”

24. Cristina Garza: Accountingprose.com
Having access to a line of credit
from Kabbage helped free up
working capital and empowered
Christina to be more proactive in
her hiring.
“I was able to lean on Kabbage
to hire four new employees and
cover payroll. With more people,
I could take on more clients, so I
was able to see returns quickly.”

25. Annie Kamiya: Curtis Kamiya Music
Like many small business owners, Annie
and Curtis Kamiya were working seven
days a week for their small business.
Their business was growing, and they
were looking for a loan to bring on
additional staff so they could focus on
launching new online project.
“We knew we had something to offer,
but we just needed a little breathing
room to accomplish our goals,” Annie
said. “It was important for us to have
extra working capital so we could make
sure that bringing on new staff was the
right move, without needed extra income
to cover the expenses.”

26. Kabbage Kam Webinars
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27. Kabbage Kam Webinars
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From @KabbageInc
Thank you!