Posts: 9
Registered: ‎11-17-2007

Re: Business Credit 101

Hi rebuilding:


We actually have been offering this service for some time now. You should have an umbrella C Corp for each LLC. Furthermore, you should have an LLC for each primary revenue stream or "division" under the umbrella. Ultimately, you would want a business trust for full advantages allowed by law. We recommend WY LLCs.

My .02 on D/B/As is they should be used in conjunction with each a separate entity. You can easily convolute liability by having one business doing all sorts of business under multiple D/B/As, separate LLCs i.e. ABC, LLC D/B/A ABC. Or My Co LLC D/B/A MyCo as another example.


One last point, a D/B/A has no credit file, only the entity behind it has one. If it does have unique trade lines with separate vendors you are missing the opportunity for it to stand on its own merits with the likes of D&B et al.


Hope that helps!




Daniel J. Cowart
liferevs makers of My Co. and AdAssure

Posts: 31
Registered: ‎06-01-2013

Re: Business Credit 101



Hey folks ...


Does anyone know of a company or service that will do all the leg work mentioned in page 1 for me ?


I am looking to open a LLC for a trucking business. I realize that trucking is high risk and will find the financing for the truck elsewhere. I'm mainly looking to do this for the other aspects of business, office, fuel, repairs and such.


I realize that I can do this myself but am limited on time and would rather get it done for me by someone who knows what there doing with the process.




EQ - 482 (June 4, 2013).............EQ - 000
EX - 551 (June 4, 2013)..............EX - 000
TU - 495 (June 4, 2013)..............TU - 509 (June 4, 2013)
New Member
Posts: 3
Registered: ‎05-07-2014

Re: Business Credit 101

I didn't know where else to add this, but thought it would be helpful for others too. Just got denied a line of credit from Wells Fargo I have an 805 with no negatives anyways they said my business had late payments on the business credit report so I want to experian paid the $49.95 for a report to find there was only 3 tradelines on it meaning none of my business credit cards are reporting which is not the issue. Experian does not give you the name of the company and there is one on there reporting we pay 60+ days late it's listed under printing and publication category which is really confusing as we have no net 30 companies that I think would land there also they say we owe $200 right now and I have no net30 that I owe this amount too so my question is does anyone know which companies go under what category? These are the only net30 companies that we signed up for.


Uline- no money owed haven't used in almost a year

Quill- no money owed haven't used again almost a year

Amazon Corporate-use monthly but owe like $600 right now and are not behind (i did a little research and I'm pretty sure they don't report0

Sprint- paid on time every month plus should go under communications

G&K Services- not behind and I believe they are the appareal


so we have I think G&K Services showing up as appareal and that shows paid on time then packaging which I think is Uline it's not reporting anything and then the printing and publication that is showing a high balance of $400 currently owe $200 and up to 30 DBT any help on a list I did the dispute with experian and called them they say these companies pay to keep their names from us which in my mind makes no sense how can I say I dispute this charge if I don't even no where it is coming from.


Thanks for any help!


New Member
Posts: 3
Registered: ‎05-07-2014

Re: Business Credit 101

I just thought I would add if anyone can help if they know of a report that shows the companies or if anyone has printing and publication on their business experian report and know what company it is I am basically to the point of narrowing the net 30 vendors that full into that category down and calling them and asking if they are reporting us as oweing this $200 if I can get a letter from whomever this is our CL will go through right away it's actually quite ridiculious to be honest. 

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