Credit Building

Give yourself (and your business) credit!

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A good credit rating will save approximately $250,000 in interest and fees throughout a lifetime. Strong credit profile provides: •Access to mainstream financing • Opportunity to build long-term assets-home, business, and education • Lower interest rates and safer products • Less vulnerability to predatory lenders • Access to employment, rental housing, insurance, etc.


We are coaches and connectors. We make sure individuals and businesses are able to have a good credit score to make sure they are set up for success.

There are periodic credit building workshops that are free to attend, so make sure to watch the training and event tab for these events!

Services are not income based, and generally have no cost.

View what a previous Credit Building Workshop offered by clicking HERE.

10 Stats That Explain Why Business Credit is Important for Small Business from the U.S. Small Business Administration 

  1. 27% of businesses surveyed by the NSBA claimed that they were not able to receive the funding they needed. For those 1-in-4 businesses, the most frequent primary impact that a lack of funding had was preventing them from growing their business.
  2. 46% of all small businesses use personal credit cards. Many small businesses fail to separate business and personal expenses, according to research conducted by MasterCard®.
  3. According to the NSBA Small Business Access to Capital Study, 20% of small business loans are denied due to business credit.
  4. In the first 6 months of 2013, according to Creditera, Dun & Bradstreet had 45 million business credit report requests and Equifax Commercial had 35 million.
  5. The Nav American Dream Gap Survey, 2015 revealed of small business owners surveyed, 45% did not know they have a business credit score, 72% did not know where to find information on their business credit score and 82% didn’t know how to interpret their score.
  6. Many lenders consider a business credit score of 75 as “acceptable” making it harder for those with a lower score to get a small business loan according to Small Business by Demand Media 2015.
  7. The average business needs 12-18 months to improve its business credit score according to Cardhub in 2015.
  8. Bolt Insurance stated that one in three small business owners borrow money from family and friends, while 75 percent of young firms’ funds come from bank loans and business credit.
  9. Dun & Bradstreet states 90% of the Fortune 500™, and companies of every size around the world, rely on their data, insights and analytics to streamline operations, manage risk, improve targeting, find quality leads, boost customer relationships and – most important of all – grow.
  10. Mercator Advisory Group research finds that small business credit cards account for $430 billion in spending, or about 1 in every 6 dollars spent on general purpose cards

Blog and News

Fresh thinking for women in business

Fresh thinking for women in business

The New Growth Women’s Business Center is pleased to offer an opportunity for six rural women entrepreneurs to join a peer-to-peer support group and work one-on-one with women’s leadership coach Dina Readinger.

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New leadership at New Growth

New leadership at New Growth

Sheridan Garman-Neeman begins work this month as Chief Community Wealth Building Officer at New Growth, a rural Missouri community development corporation (CDC) based in the state’s west central region. She will manage the growth and success of New Growth as a rural micro-entrepreneur development and financing organization. This includes New Growth Capital micro-loans to rural businesses and business technical assistance to rural men and women through the 15-county New Growth Women’s Business Center.

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Rural Café jumpstarts hometown with sales and love

Rural Café jumpstarts hometown with sales and love

Locally owned and rooted businesses will feature greatly in the revival of rural Missouri as a place where people and businesses want to be. That’s who the New Growth community development corporation is working to support with rural small business development and flexible micro-financing programs.

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Michele Smith, Revolving Loan Fund Manager


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womens business center



New Growth CDC, 550 Second St., PO Box 43, Osceola, Missouri 



We also meet up with entrepreneurs at partner sites across our 15 rural Missouri and Kansas counties. 



The New Growth Women’s Business Center serves 13 counties in west central Missouri and two in southeastern Kansas.

  • Missouri: Barton, Bates, Benton, Camden, Cedar, Dade, Dallas, Henry, Hickory, Morgan, Polk, St. Clair, and Vernon counties.
  • Kansas: Bourbon and Crawford counties.