Recommended Business CC

[Anonymous]

NE 1 notice these are all Citi Cards....lol!!! I want one but better be good on my OD and Staples I have with them for now.  Dont have any other biz credit.

[Red1Blue]

Hi CreditAddict, what is the link for sears biz card app?

[Creditaddict]

http://www.citibank.com/us/cards/srs/commercial1.jsp

You download the form and then fax it back.

I heard from them today which is only 24 hours after I faxed it to them... very quick.

[HA2007]

Creditaddict. is the sears cc PG?

sorry missed spelled
Message Edited by HA2007 on 11-16-2007 01:09 PM

Message Edited by HA2007 on 11-16-2007 01:10 PM

[Creditaddict]

nope

[HA2007]

they want me to put ss# when I sign.

[Creditaddict]

that's only if you are under 2 or 3 years of business or if you have those kinds of business entities listed there.

Otherwise, don't fill out the part that says PG at all.

[HA2007]

OK!~ Thanks I'm faxing

[Anonymous]

With all of these business accounts open, if i were to get a house in a year or so... how would that affect me?  Would it even come up at all since no PG is on them?

My wife has been killing me to ask this!!

Danny

[llecs]

Danny,

No affect at all on your personal credit, so as long as you didn't give them a social.

However, based on how your biz is set up, your lender could look deep into your biz. I had a friend who bought a home for the first time a few years ago. He had to submit personal and biz financials for his incorporated LLC. He had been in business less than two years at that point so all of his credit was new too.

Now that I dwell on this, it doesn't matter on the structure. I saw my dad-in-law go through this 10 yrs ago with his 20-yr old S-Corp.

DnB lists when the TLs were opened, but I don't think there would be any issues with their age, so as long as they are all paid on time.

Message Edited by llecs on 11-17-2007 05:56 AM