|
| Notices |
Welcome to the Infinite Credit forums.
You are currently viewing our Free Credit Repair Forums as a guest which gives you limited access to view most discussions and access our other features. By joining our free credit repair community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content. Due to bandwidth constraints, PDF files can only be downloaded by registered Members.
Fix your own personal credit, the same way a credit repair company would. Registration is fast, simple and absolutely free so please, join our community today Please note that we are not attorneys, we are not selling anything, nothing on this site may be construed as legal advice.
If you have any problems with the registration process or your account login, please contact us. |
| Business & Business Credit Learn about Business Credit, Dun & Bradstreet, how they score you and how to build your business Credit. Get credit cards with no personal guarantee. D&B is the equifax, experian, transuninon of the business world.
Post Pertaining to business accounts and business credit, Dunns and Bradstreet belong here... |
12-17-2007, 03:26 PM
|
#1 (permalink)
|
|
New Member
Join Date: Dec 2007
Posts: 3
Casino Cash: $302550
|
New Business Seeking Business Credit
I have just started by own company, I have registered with D&B, but haven't received my number yet.
Any suggestions on where I should start trying to establish business credit. My company is a LLC, we are about a month old.
Thanks
|
|
|
|
12-18-2007, 01:00 AM
|
#2 (permalink)
|
|
Administrator
Join Date: May 2006
Posts: 2,073
Casino Cash: $810700
|
Does the LLC operating agreement authorize its members to take the LLC into debt?
Does the LLC have a business checking account?
Dose the LLC have customers? positive cash flow? business telephone number that is listed in the white pages?
If yes, then apply for a Staples or Office depot/max card.
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
Last edited by Enigma; 12-18-2007 at 01:07 AM.
|
|
|
|
|
12-28-2007, 01:43 AM
|
#3 (permalink)
|
|
HONORED GUEST
Join Date: Nov 2006
Posts: 239
Casino Cash: $488700
|
Personal credit history is the driving factor in most business applications. Contrary to popular belief, a Paydex means nothing without a sufficient FICO score.
What are yours and that of any other officers?
__________________
http://www.apexcreditservices.com
No part of the post above or anything posted by us herein is to be considered legal advice. If you seek legal advice, contact a licensed attorney within your jurisdiction. No part of our website link, including clicking upon it, constitutes an offer of any kind or an advertisement to seek an agreement of any kind. Its placement here is for informational purposes exclusively.
|
|
|
|
|
01-15-2008, 07:09 PM
|
#4 (permalink)
|
|
New Member
Join Date: Dec 2007
Posts: 3
Casino Cash: $302550
|
I have been approved for Staples and waiting on a decision from Office Depot. UPS approved me for a account. I was turned down by Dell and Home Depot.
Any other suggestions, Vikings, Quill wants me to pay up front for the order before they will approve me for credit.
Also do you know how many lines of credit do I need to have to get a high Paydex score?
Thanks
Bernard
|
|
|
|
|
01-15-2008, 11:21 PM
|
#5 (permalink)
|
|
Administrator
Join Date: May 2006
Posts: 2,073
Casino Cash: $810700
|
Order something small from Viking and or Quill and do as they ask, this is normal for them.
Go with what you have. Use it wisely. Order small things, pay before the due date and your Paydex will reflect your good payment history.
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
|
|
|
|
|
01-18-2008, 10:23 AM
|
#6 (permalink)
|
|
New Member
Join Date: Dec 2007
Posts: 3
Casino Cash: $302550
|
Just approved for Office Depot, only $250 but its a start.
Thanks all for your help. Office depot asked a lot of questions for only 250 credit limit.
So far I have been approved for Staples, UPS, Office Depot.
|
|
|
|
|
01-21-2008, 12:19 AM
|
#7 (permalink)
|
|
HONORED GUEST
Join Date: Nov 2006
Posts: 239
Casino Cash: $488700
|
Nebs, Uline, and Reliable report to DnB.
__________________
http://www.apexcreditservices.com
No part of the post above or anything posted by us herein is to be considered legal advice. If you seek legal advice, contact a licensed attorney within your jurisdiction. No part of our website link, including clicking upon it, constitutes an offer of any kind or an advertisement to seek an agreement of any kind. Its placement here is for informational purposes exclusively.
|
|
|
|
|
03-10-2008, 09:56 PM
|
#8 (permalink)
|
|
New Member
Join Date: Mar 2008
Posts: 2
Casino Cash: $105100
|
Quote:
Originally Posted by apexcrsrvc
Personal credit history is the driving factor in most business applications. Contrary to popular belief, a Paydex means nothing without a sufficient FICO score.
What are yours and that of any other officers?
|
thats not totally true
whats the goal with the business credit?
i have built a few hundred thousand in business credit without any PG's. |
|
|
|
|
03-16-2008, 04:51 PM
|
#9 (permalink)
|
|
New Member
Join Date: Mar 2008
Posts: 1
Casino Cash: $100600
|
Quote:
Originally Posted by chuff1026
thats not totally true
whats the goal with the business credit?
i have built a few hundred thousand in business credit without any PG's.
|
Hi,
Can you provide any more information on how you accomplished this?
I own a C-corp, 2.5 years in business, Paydex of 80 and gross receipts of about $750k p.a. We don't have and haven't used any credit to build the business to this point, and I have no idea what the starting point is to get credit without providing a personal guarantee (other than supplier credit of which we have substantial amounts...).
We are seeking about $250k for expansion and launching a new product line. |
|
|
|
|
03-16-2008, 11:25 PM
|
#10 (permalink)
|
|
Administrator
Join Date: Nov 2004
Location: Greater DC area
Posts: 7,086
Casino Cash: $1063039
|
I doubt that chuff will be back. Seemed like he was trying to spam, and when he couldn't get a link posted, he left.
He was only here the one day, never been back.
__________________
The answer is 42!!
|
|
|
|
|
04-10-2008, 10:45 AM
|
#11 (permalink)
|
|
HONORED GUEST
Join Date: Nov 2006
Posts: 239
Casino Cash: $488700
|
Chuff was full of Chit.
__________________
http://www.apexcreditservices.com
No part of the post above or anything posted by us herein is to be considered legal advice. If you seek legal advice, contact a licensed attorney within your jurisdiction. No part of our website link, including clicking upon it, constitutes an offer of any kind or an advertisement to seek an agreement of any kind. Its placement here is for informational purposes exclusively.
|
|
|
|
|
06-08-2008, 05:07 AM
|
#12 (permalink)
|
|
New Member
Join Date: Jun 2008
Posts: 2
Casino Cash: $101100
|
im new to this please help,,, i just started a company llc ho w i start building credit?
|
|
|
|
|
06-10-2008, 01:31 AM
|
#13 (permalink)
|
|
Administrator
Join Date: May 2006
Posts: 2,073
Casino Cash: $810700
|
Quote:
Originally Posted by mohabubmiah
im new to this please help,,, i just started a company llc ho w i start building credit?
|
Are you selling your product? Do you have income? Are you showing a profit?
What type of business is it?
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
|
|
|
|
|
06-10-2008, 01:33 AM
|
#14 (permalink)
|
|
Administrator
Join Date: May 2006
Posts: 2,073
Casino Cash: $810700
|
Quote:
Originally Posted by j94109
Hi,
Can you provide any more information on how you accomplished this?
I own a C-corp, 2.5 years in business, Paydex of 80 and gross receipts of about $750k p.a. We don't have and haven't used any credit to build the business to this point, and I have no idea what the starting point is to get credit without providing a personal guarantee (other than supplier credit of which we have substantial amounts...).
We are seeking about $250k for expansion and launching a new product line.
|
Are you profitable? Have you talked to your banker?
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -4. The time now is 01:54 PM.
|
