Business credit refers to the credit that is obtained by a company or organization, which is separate from the personal credit of its owners or employees. This means that a company can access financing and loans in its own name, rather than relying on the personal credit of its owners. By having established business credit, a company can potentially access a wider range of financing options to help fund its operations, purchase inventory, and grow the business. This increased access to capital can provide the company with more flexibility to manage its cash flow, cover expenses, and invest in its future.