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Establishing business credit

wrush87wrush87 subscriber Posts: 1
edited November 2007 in Business Planning
Does anyone know how to establish business credit aside from personal credit? I have some ideas ,but just wondering if anyone knew some secrets.
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Comments

  • Fr3shc0MFr3shc0M subscriber Posts: 0
    Have you registered your business with a separate Tax ID#?
    If not, that`s the first thing you will want to do.
    Then contact Dun & Bradstreet to get your DUNS #.
    From that point, they have services you can purchase to help you establish business credit.
    Otherwise, you`ll probably have to wait at least 2 years to get business credit w/o a personal guarantee. One option to try is getting an Office Depot Business Credit Card or setting up some Net 30-60 accounts with services such as: Water Delivery, Business Supplies, etc.
    But you`ll need to be sure they report this to DUNS so you`ll establish a record of credit for your business.
    Good luck!
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  • NuevolutionNuevolution subscriber Posts: 30 Bronze Level Member
    I think this thread may be useful..Corporate Credit
    Nuevolution2007-11-9 4:15:57
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