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How often to Apply for Business Credit?

Established Member

Re: How often to Apply for Business Credit?

Today I called in about my NewEgg net 55 account and the nice lady looked over my account and said "I need to transfer you over to verification" so that happened and I was put on the phone with a nice gentleman who verified some of my information, put me on hold for about 2 minutes and came back saying I was approved for a credit line of $1000.00 no PG. 

 

I am going to try Lowes next.


Message 11 of 12
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Community Leader
Super Contributor

Re: How often to Apply for Business Credit?

I think having 15+ biz trade-lines so far qualifies you for having been "built". Use those for awhile to build up your score, and show good payment history and then maybe try again in a few months for another. Congrats on your approvals!
(BK7 d/c-08/2013/FICO-400's) ~ 07/2017 FICO 08- EQ-669, TU-676, EX-681
Scores being held down by tons of INQ/New acts Smiley Wink
Message 12 of 12