WE'VE MOVED!
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
Options
How Does One Build Business Credit
Sign In or Register to comment.
Comments
One thing that a lot of folks here do not understand is that it`s a good thing to buy the Credit Builder Package from DNB. I have always bought the package and I have ALWAYS generated a paydex score within the 45 days. Yes, you could just request one and wait for it come in your email for free, but with the nature of businesses... time is money!!
I do operate my very own Business Consulting Company in DC so if anyone might be interested please don`t hesitate to ask.
Good Luck All!!newfoundwealthking4/22/2008 1:06 AM
Glad you are finding our ramblings helpful, fenickj
Good Fortune, all!
After Applying with one, Some lady called me and, the funny thing about it was, she was telling me about the packages. She explained to me that there are two ways of getting one. You apply for one and you purchase their package.
You wait till you do business with a company and they report your rating to DNB.
So basically, you will get one eventually. The only thing is you wont be able to add trade lines and stuff of that nature.
Here is something for you guys. I tried opening an account with SAM`s Club and they are one of the hardest people to get credit with. Try elsewhere. Any Suggestions?
I have T-Mobile under the Corporation`s name now..
question newbie here one question i have tax id and duns number thanks to info when i call t-mobile do i give them duns or tax id when they ask just need a little clarity on this for all the vendors that i apply for
There are seven steps to your business foundation:
1. Form a corporation or LLC.
2. Get a corporate tax id/EIN from IRS (an LLC is a form of corp)
Do not use a sole proprietor or partnership tax id/EIN
3. Get a business license from your city
4.Get a dedicated bus. phone and have it listed with directory assistance.
5. Open a business checking account (can do w/ $100)
6. Get a faxline (can get one online for $9.99 a month)
7. Get your Dunns # from Dunn & Bradstreet
(800) 825-3867 ext. 1851 Curtis
After you get all of that you need to start getting creditors to give you a credit line without credit checks who will report to Dunn & Bradstreet. You have to spend $60 or more minimum in one billing cycle to get reported. I will even give you the first one that will give you credit:
Nebs (office Supplies)
(800) 722-7090 (credit dept.)
Contact: Jenny
Read my blog to put it all into perspective:
http://secretsupercredit.blogspot.com/2 ... redit.html
Kevin
khemmons@rkhorizonenterprises.com
Kevin
ourcase
iPhone 6 leather case
My name Mrs, Renee Phillips, i am from USA CA , i am married, i have been searching for a genuine loan company for the past 2 years and all i got was bunch of scams who made me to trust them and at the end of the day, the took all my money and left me moneyless, all my hope was lost, i got confused and frustrated, i lost my job and find it very difficult to feed my family, i never wanted to do anything will loan companies on net anymore, so went to borrow some money from a friend, i told her all that happened and she said that she can help me, that she knows a loan company that can help me, that she just got a loan from them, he directed me on how to apply for the loan, i did as he told me, i applied, i never believed but i tried and to my surprise i got the loan in 24 hours, i could not believe my eyes, i am happy and rich today and i am thanking God that such loan companies like this still exist upon this fraud stars all over the places, please i advise everyone out there who are in need of loan to go for Mr. Robert .M. Clark Email via ; ( robert.clark071@gmail.com ). he did not know am doing this for him,but i just have to do it because a lost of people are out there who are in need for a loan., they will never fails, your life shall change as mine did.
Thanks and Good Luck.