topic Re: business credit in Business Credit

business credit

Anonymous — Fri, 16 Mar 2018 01:15:59 GMT

hello everyone, what is the best way to build business credit? sp structure spa new business 2 years old

t.i.a

Re: business credit

pizza1 — Fri, 16 Mar 2018 02:13:32 GMT

Hi and welcome!

Could you provide some personal stats please like scores, any baddies etc...on your personal reports?

Do you have any business credit at all?

What does your personal credit look like?

Re: business credit

Anonymous — Fri, 16 Mar 2018 18:34:35 GMT

no business credit at all ,my personal score is 590 just dropped 17 points, i paid off a cc that was charged off and my score dropped

Re: business credit

pizza1 — Sat, 17 Mar 2018 02:52:11 GMT

@Anonymouswrote:
no business credit at all ,my personal score is 590 just dropped 17 points, i paid off a cc that was charged off and my score dropped

OK, youre going to have to be a lot more forth coming with info than that. Thats doesnt really tell me anything, and I cant give good advice from just that alone.

Where are you getting your scores from?

What does your personal credit look like? Cards? limits? balances?

What baddies do you have showing on your personal reports?

All of this matters if youre wanting to get a major BIZ card like from Chase, Citi, or Amex.

Id say at this point since I have no other real info from you, you'd probably could get a few net 30 accounts like Uline, Grainger, Quill. Id recommend first that you create an account online with them, and then order something for like $50, and when you go to check out, with Uline and Quill, and if you see the option of bill me or invoice me, then youve checked out successfully with a net 30.

With Grainger, same thing..register online first, but then wait to order until they send you your "account number" via email which could take 1-2 days. After you have the account number, then order a small something for $50, check out and put your account number in the space provided, and if you check out successfully, youll see the terms for invoice me pop up on check out.

Re: business credit

Anonymous — Mon, 31 Dec 2018 22:58:40 GMT

Here are some links for secured business credit cards if this is helpful

http://www.advisoryhq.com/articles/secured-business-credit-cards/

https://www.tcfbank.com/small-business/business-edition-secured-visa-card

https://www.unionbank.com/small-business/loans-lines-credit/credit-cards/business-secured- visa-card.jsp

https://www.creditcardinsider.com/credit-cards/business-edition-secured-visa-card/

https://www.botc.com/cascade-businesssecured-card/

https://www.firstnational.com/site/small-business/banking/credit-cards/visa/visa-bused-secured.fhtml

https://www.creditcardinsider.com/credit-cards/bbva-compass-business-secured/