Building strong business credit is essential for small business owners who want to access financing, improve credibility, and grow with confidence. The right credit building service can help track, manage, and boost your business credit profile. Below are the five best services to consider.
1. Lili – Best for SMBs & Startups
Lili offers an innovative solution for entrepreneurs who want to strengthen their financial foundation. With Lili’s business credit builder, small businesses can seamlessly establish credit while managing day-to-day banking in one place. The platform is designed to help freelancers, startups, and small enterprises simplify money management and prepare for growth.
Key features include:
- Business credit builder: Helps you build credit history responsibly through linked accounts and timely payments.
- Smart banking tools: Expense management, tax optimization, and automatic savings.
- Seamless integration: Connects directly with your business checking account.
- User-friendly app: Manage your finances and credit on the go.
Lili stands out as a complete financial partner, offering both banking and credit-building capabilities on one streamlined platform. Unlike traditional banks, Lili blends modern banking with digital-first features that work in real time.
This makes it especially appealing for smaller operations that don’t have a full finance team. By using Lili, business owners can track expenses, categorize transactions, and stay ahead of tax season while steadily building a stronger credit profile.
2. Nav – For Credit Monitoring and Education
Nav is a leading business credit service that focuses on transparency and education. It allows small business owners to track their credit scores and understand what lenders see when evaluating their company.
Key features include:
- Credit monitoring: Access to business and personal credit scores.
- Financing recommendations: Get matched with loans and credit cards based on your profile.
- Business credit reports: Clear breakdown of credit factors and insights.
- Educational tools: Learn how decisions impact your creditworthiness.
Nav goes beyond just showing scores, it explains the why behind them. That guidance is incredibly valuable for business owners who are new to the world of credit. With Nav, you get personalized recommendations for improving your credit health, which helps you qualify for more favorable financing. The service also empowers users with practical knowledge, making them confident when applying for loans or credit lines.
3. CreditStrong – For Building Credit Without Debt
CreditStrong offers business credit-building accounts that report monthly to major credit bureaus, helping companies establish credit profiles without relying on traditional debt.
Key features include:
- Credit builder accounts: Build credit through installment accounts backed by savings.
- Reports to major bureaus: Build credibility with lenders and suppliers.
- Flexible plans: Choose terms that fit your business growth goals.
- Low cost of entry: Start building credit without large upfront expenses.
Unlike credit cards or loans that require spending or borrowing, CreditStrong allows businesses to build a credit history while maintaining financial discipline. This approach is perfect for business owners who are cautious about taking on new debt but still want to demonstrate creditworthiness. Over time, these reports to major credit bureaus can make a significant difference in your ability to secure favorable financing and supplier relationships.
4. Divvy – For Expense Management and Credit Growth
Divvy combines business credit building with a powerful expense management platform. By offering businesses a credit line and tools to manage spending, it helps improve credit while streamlining financial operations.
Key features include:
- Corporate credit card: Build credit by making responsible business purchases.
- Expense tracking: Automate and categorize company spending.
- Budgeting tools: Set limits and controls for team members.
- No annual fees: Access benefits without additional costs.
What makes Divvy unique is its ability to integrate daily expense management with credit building. Instead of juggling multiple tools for tracking spending and establishing credit, businesses get everything in one place.
The budgeting features are particularly valuable for growing teams, as owners can set spending caps and monitor usage in real time. As a result, businesses not only strengthen their credit but also develop better financial habits across the organization.
5. Tillful – For AI-Powered Credit Insights
Tillful brings a modern approach to business credit building by leveraging artificial intelligence to analyze financial activity and predict creditworthiness.
Key features include:
- AI-powered credit score: Real-time insights based on cash flow and payment history.
- Free business credit score: Get a snapshot of your company’s financial standing.
- Credit-building card: Establish credit through everyday business purchases.
- Funding marketplace: Access to financing tailored to your business profile.
Tillful is designed for forward-thinking business owners who want more than a traditional credit report. Its AI-driven score looks at real-time business performance, not just historical data, which provides a more accurate reflection of financial health.
This modern approach helps small businesses qualify for funding they may otherwise miss. By combining credit-building tools with actionable insights, Tillful positions companies for growth in a competitive financial landscape.
Final Thoughts
Strong business credit can open doors to financing, better vendor terms, and long-term stability. Lili shines as the best option for small businesses starting their journey, thanks to its integrated banking and credit builder.
Nav offers visibility and education, CreditStrong provides debt-free credit building, Divvy pairs expense management with growth, and Tillful delivers cutting-edge AI insights. By choosing the right service, you can build a solid financial foundation that supports your business’s future success.
