More business lines of credit always better? Any negative impact?
Hey guys, I had a question about business lines of credit: is there any negative impact, perhaps on the business credit score, by opening many lines of business credit? To me it seems like a good idea to have many lines of credit for financial flexibility as long as you stay on top of paying them down on time. Basically my question is: is more business lines of credit always better assuming the terms are decent and you're responsible with the credit?