License

[swansonbb]

What you are saying is correct if you are talking about a new/start up business. However over time a business will build its own credit history and score.

Sort of. But for a small, closely held company, a bank will still require owner guarantees. Plus, consider the type of credit. In this industry, you really have no acceptable collateral for a bank (they won't take a lien on reptiles, because they won't want to feed them if it comes to it, nor do they really understand their worth). Even an SBA guaranty will require owners to have skin in the game. Not trying to be difficult, but this is what I do for a living.

Also it is fairly easy to open lines of credit with suppliers if you are willing to work with them and prove yourself to them.

True. Getting credit with suppliers is easier than credit with banks. Suppliers will typically require payment within 30 days.