Business Credit
Why Business Credit Is Important?
Who are the largest business credit bureaus?
What rights does a business owner have for incorrect information on a credit report?
What are the business credit scores
What do the business lenders look at?
Where do you find companies that grant credit?
How do you get a company to grant credit?
What credit card companies do not require personal guarantees?
Why do you need business credit?
Has your revenue been off and you’re looking to invest in new leads and client acquisition ?
Does website or branding materials need a professional upgrade to land more business ?
Are you looking to expand into a new market that requires more capital ?
Do you need development funds to create a new value-added product ?
Mystery of Business Credit
If you don’t know the answer to any of the questions above, you are among thousands of business owners who are lost in the maze of how to build business credit. We can provide you the answer to the mystery.
Who are the largest business credit bureaus?
What rights does a business owner have for incorrect information on a credit report?
What are the business credit scores
What do the business lenders look at?
Where do you find companies that grant credit?
How do you get a company to grant credit?
What credit card companies do not require personal guarantees?
Getting You Past Step 1!!!
Essentially at the beginning, we’re going to make sure the business is in what we call bank compliance. We make sure that the business will meet all bank underwriting criteria, because the last thing we want to do is send them to the bank to get a loan and not meet the bank underwriting criteria. We know what the banks are looking for so we’ll get the business in compliance, making sure the owners have their licenses and all the things that go with a typical, traditional business. Once that’s in place, we’ll set up the file with the business credit bureaus. There are three main business credit bureaus that we deal with: Dun & Bradstreet, Corporate Experian, and Business Equifax. There are other business credit bureaus, but they come naturally in time by going through the program and dealing with the three main bureaus. Once the business credit bureaus are in place, we teach you how to understand your business credit reports, because they’re totally different than personal credit reports. We teach you what to look for, what to watch for, how to review your scores and ratings, and how to accurately monitor your credit profile.
Once that’s in place we start setting the business up with vendors. That is what builds history and that history is what generates scores and ratings. Setting up trade credit to build your scores and your ratings is what really builds the history behind the credit file and that’s what we want to have when we go to the bank. That way when you go to the bank to apply for a loan or a line of credit or whatever it happens to be, not only do you meet bank underwriting criteria, but the bank underwriters are going to see scores, ratings and history, which means you’ve handled credit responsibly in the past. You will be a safer risk to the bank then you would be otherwise because you have proven that you can handle credit responsibly.
Our Core Values
We practice what we preach
Integrity
Accountability
Knowledge
Commitment
