Each company begins life with no credit and no credit history. But it can not continue if it is to thrive and grow. "Starting a business credit profile is the foundation," said Sims. "Your company should credit of a few different places to know to build your business credit profile. If your company is growing longer and has already received approvals easier." If you are unable to determine that your credit profile the right way the first time, you will end up paying more later.