credit score

Starting a business is exciting—but let’s be real: figuring out finances can feel like a confusing maze. One thing that often gets overlooked early on? Building business credit. Whether you’re launching your first side hustle or scaling your LLC, strong business credit can unlock opportunities—like better financing, bigger vendor limits, and more freedom to grow. And the best part? You don’t need to be a finance expert to get started. At Middlefield Bank, we work...
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In uncertain times, many Americans are feeling the pinch when it comes to making purchases of any kind. It is particularly difficult to make large purchases. As the Reserve's Federal Open Market Committee continues to raise interest rates, a borrower’s credit score is becoming more important by the day.  Why is your credit score important? Put simply, lenders use your credit score to determine your creditworthiness. Your credit score affects whether you get approved for credit...
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