Construction Edition 🏗️
Have you ever tried to buy materials on credit, apply for a loan, or grow your business, only to be told NO because you don’t have credit or your score is too low? It may seem like without credit, you’re stuck living paycheck to paycheck. But don’t worry—there’s a simple way to change that.
Having good credit opens many doors. However, 41% of Latinos in the U.S. don’t have a good credit score.
Here are five reasons why it’s worth improving your credit score:
1. You get bigger loans with better rates
If you apply for a loan with bad credit, banks will either offer predatory interest rates or reject your application. But with good credit, you qualify for larger loans at lower interest rates. More money in your pocket, fewer headaches.
2. No issues getting materials on credit
Suppliers check your credit before offering materials on credit. If they see you pay on time, they’ll offer better terms. More credit = More projects without paying everything upfront.
3. You don’t have to rely only on cash
In construction, payments can sometimes take time. If you depend only on cash, you could get stuck. But with good credit, you have a financial cushion to keep your business running smoothly.
🔑 Key takeaway: A good credit score provides a safety net for emergencies—so you won’t have to borrow from friends or family.
4. Bigger clients trust you
Large clients prefer working with contractors who have strong financial management. If they see you have good credit, they know you’re reliable and won’t run out of funds mid-project.
5. Your business grows faster
With more credit, better loans, and client trust, your business expands. You move beyond small jobs and start taking on bigger, more profitable projects.
💬 What other Latinos are saying:
Many have used Félix’s Credit Builder to improve their credit and now qualify for better business loans.
🚀 How can you get started?
If you want to improve your credit through remittance payments, Félix’s Credit Builder is for you.
📲 Type “Constructor de Crédito”
(with capital letters and an accent) in the Félix Pago chat, and you’ll receive the registration link.
Start today. Make your credit work for you!
