Okay, so we decided to try for the Sam's Club Business Mastercard, for the business outlined in this thread, back in February. We were given the 7-10 day notice at the store and received a denial letter in the mail.
Yesterday, I looked at the business credit reports again. Dun and Bradstreet: 79. Experian Small Business: 95. Equifax Small Business: CRS 422; Pay Index 100; FS 1400. So that all looked good. Higest reported line on Equifax was $6,000 with $25,000 total credit with $6K in use (mostly Amazon). Went back into Sam's Club and did the application again (NO PG) with the same information provided (I used the PDF application to fill in). They put it in, then they had to call in, as usual. They were transferred three times and at one point they couldn't find the application because, mysteriously, the system used an old business number that we just disconnected.
Finally, they put me on with the Verification department (which I now know that this means we are approved, but for what amount). They called the number to verify the business and left a message. I just happened to receive a text that I had a new message, just as the rep told me that I had 72 hours to call back with the information left on voicemail. I played it over the phone and voila... business confirmed.
Was (instantly) approved for the Mastercard Account Type 1 (best APR) for $14,000. That's NO PG (no personal guarantee). A lot less than expected as we hoped for $20K+. I wonder if there's any way to recon the limit before the cards come?
