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mattxp
07-02-2014, 10:46 PM
I have been trying for months now finding a bank that will take my Dunns # for credit apps. I did how ever find out that national bank uses it for creating industry (aggregated)views of (credit) they underwrite.

I need some clarification as what that means.

KennethPaxton
09-09-2014, 01:11 AM
It is important for a business to grow or establish its own credit. There is having different ways through which you can adopt several ways to build your business credit to avoid the rejection. These ways can be:-
By minding your personal credit rating.
Apply for the credit you need.
Grow your credit and start using it.
Establish relationship with more then one lender.

PaulCargo
10-07-2014, 05:08 AM
There has been a credit card with $5,000 limit but it would take hundreds of dollars to finance the kind of fast growth of business. Mind your personal credit rating, apply for credit card you need. Many business man grow their credit card and use it.

DwightDuncan
10-08-2014, 01:42 AM
Yeah, it is good to grow business credit because it helps you to prevent from rejection. It is also good for avoiding charging more than half of their credit lines.

printer
10-18-2014, 05:01 AM
According to me yes it is very important to grow business.

ByronHorton
10-31-2014, 01:08 AM
For starting a business, you need an excellent credit score. You need to differentiate your business credit from your personal credit. If you have a poor credit rating then you have to build your business credit score.

thomasjessie345
11-07-2014, 04:14 AM
There are many ways to establish your business, some are listed below:
Incorporate your business
Obtain a federal tax identification number (EIN)
Open a business bank account.
Establish a business phone number.
Open a business credit file.
Obtain business credit card(s)
Establish a line of credit with vendors or suppliers.

EliteCapital
11-07-2014, 09:51 PM
Here is some info for business credit (http://elitemerchantcapital.com/index.php/component/k2/content/17-business-line-of-credit)

thomasjessie345
11-15-2014, 01:04 AM
It is important for a business to grow or establish its own credit. There is having different ways through which you can adopt several ways to build your business credit to avoid the rejection. These ways can be:-
By minding your personal credit rating.
Apply for the credit you need.
Grow your credit and start using it.
Establish relationship with more then one lender.

Yeah, exactly. I agreed with you. If you want to establish a business, then it is must to have credits. Thanks for sharing these useful tips.

David T. Breen
11-15-2014, 04:37 AM
Establishing business credit score is a necessary move for any new small company and allows you to manage a credit record individual from your personalized credit record and encounter the company benefits of getting good business credit, and show parting between entrepreneurs and the company.
steps to establish business credit:
Incorporate your business
Obtain a federal tax identification number
Open a business bank account
Establish a business phone number
Open a business credit file
Obtain business credit card
Establish a line of credit with vendors or suppliers
Pay your bills on time.

DwightDuncan
12-06-2014, 04:43 AM
There are many ways to establish your business, some are listed below:
Incorporate your business
Obtain a federal tax identification number (EIN)
Open a business bank account.
Establish a business phone number.
Open a business credit file.
Obtain business credit card(s)
Establish a line of credit with vendors or suppliers.

I completely agree with you

speeduser
12-22-2020, 10:03 AM
You must have all the paperwork ready before you can get business credit. This is particularly important to all parties involved. - Paul Savramis (http://www.paulsavramis.co/)