Your credit profile can play a critical role in determining your access to both personal and business funding opportunities. Recent FICO data indicates that only a limited percentage of consumers maintain credit scores of 700 and above, highlighting the importance of understanding not just your score, but the factors that influence your overall credit profile.
Building strong credit does not happen overnight. While credit challenges can develop quickly, establishing and maintaining a healthy profile often requires strategy, consistency, and the right knowledge. Understanding how credit works can create opportunities that support both financial stability and long-term business growth.
In this educational session, participants will gain insight into the five key factors that influence credit performance:
• Payment history
• Credit utilization
• Length of credit history
• Credit mix
• New accounts and inquiries
Attendees will learn how these factors impact lending decisions and how strengthening a credit profile can help improve financial positioning and expand future funding opportunities.
Join us for an informative presentation designed to provide practical knowledge and actionable strategies that can help you build a stronger financial foundation and better position your business for growth and success.
Presented by Terence Spencer.
Founder and President of Expandemonium, process-driven Business Coach and Capital Strategist with over 25 years of leadership experience spanning corporate and private education. I bring a practical, results-driven approach to business growth and financial positioning. Currently, I serve as a presenter for SCORE and Southern California Edison’s E.D.G.E. program. Both organizations equip small business owners with free tools, resources, and mentorship needed to thrive in the 2026 business landscape. Beyond my professional work, I am a devoted husband to my beautiful “Egyptian Queen” and a proud father of four sons. More importantly, I believe that faith and purpose guide the journey—often in unexpected but meaningful ways.