Regular Contributor
princechristian
Posts: 203
Registered: ‎07-20-2012
Re: New Business Credit Journey! ULine Net 30 Terms in one hour!

hawaii12 wrote:

I have already received my EIN but want to do my articles for my LLC this week. I ask this question because I currently reside in one state and want to start the business in another state. I will move to the business location next year but in the meantime I want to get started establishing the business credit. I want to do this right. So do we have to get physical location right now? Can we do virtual office?


Tough question! You will definitely need an address to get Net 30s, but later if you have a new address that would likely prevent any credit from being extended. Do you plan to lease an actual physical business location??

Revolvers: FP Gold $300, FP Platinum $300, Applied Bank Business $500, Kay Jewelers $500, Fingerhut $400, Gettington $300

Installers: KHEAA student loan, Dealer Funding LLC auto loan x2, Crescent Bank auto loan, Acceptance Loan Co personal loan x2

Negatives: 1 collection - 2010 $307, Auto lates - 2 30 days, 60 day, 2009 / 3 30 days, 60 day, 2012