topic Re: Behalf is now a soft pull in Business Credit

Behalf is now a soft pull

bizcredit11 — Tue, 11 Jun 2019 21:46:55 GMT

Not much info on Behalf for 2 or 3 years on the forum, but it's no longer an Experian HP. SP only.

Behalf does inquire on your Experian business as well to assess your approval/limit.

If your looking to build business credit Behalf can help. They do report to SBFE which includes: D&B, Experian Biz, and Equifax Biz.

I was approved for $10,000 for available purchasing which for a small business is pretty normal.

bizcredit11

Re: Behalf is now a soft pull

jaxstraw — Tue, 11 Jun 2019 22:14:41 GMT

Have you actually used their services or are you just sitting on the credit line for a few years now ?

Re: Behalf is now a soft pull

bizcredit11 — Wed, 12 Jun 2019 15:14:03 GMT

I am testing their services out right now. I would not sign up for an account if I wasn't going to use it for my business.

Re: Behalf is now a soft pull

DapprD — Thu, 13 Jun 2019 14:34:28 GMT

@bizcredit11 wrote:
Not much info on Behalf for 2 or 3 years on the forum, but it's no longer an Experian HP. SP only.

Behalf does inquire on your Experian business as well to assess your approval/limit.

If your looking to build business credit Behalf can help. They do report to SBFE which includes: D&B, Experian Biz, and Equifax Biz.

I was approved for $10,000 for available purchasing which for a small business is pretty normal.

bizcredit11

@bizcredit11 you are the man !!!

Applied and approved for $10,000 !!!

Re: Behalf is now a soft pull

Anonymous — Mon, 17 Jun 2019 20:37:02 GMT

How do you know its a Soft Pull? Im pre-quailfied only and I didnt go foward because its states they will obtain my personal credit profile? I removed all information since I didnt want to create an account

Re: Behalf is now a soft pull

bizcredit11 — Tue, 18 Jun 2019 00:22:07 GMT

I have been in communication with Behalf well into last year when it was a HP.

I have an Experian consumer account that lists my soft pulls...it's there. As well as Experian biz inquiry.

A soft pull can still obtain your personal credit if you decide so.

If you didn't want to create an account why did you ever initiate it? Do what your business needs.

bizcredit11

Re: Behalf is now a soft pull

Anonymous — Tue, 18 Jun 2019 02:33:11 GMT

@bizcredit11 wrote:
I have been in communication with Behalf well into last year when it was a HP.

I have an Experian consumer account that lists my soft pulls...it's there. As well as Experian biz inquiry.

A soft pull can still obtain your personal credit if you decide so.

If you didn't want to create an account why did you ever initiate it? Do what your business needs.

bizcredit11

Why pre-qual and go into the process again to pull another SP? Unsure if its true SP unless someone else chimes in and states when they applied it wasnt a HP

Re: Behalf is now a soft pull

Anonymous — Wed, 10 Jul 2019 00:15:07 GMT

I can definitely vouch for the SP. I was also approved for 10k yesterday...

I remember reading somewhere in the small print that it would only do a soft pull. So anyone concerned can run thru the site with a fine tooth comb if they would like to verify, but I believe the purpose of the post is to help people avoid spending time re-doing the tedious. Good luck to all! 😀

Re: Behalf is now a soft pull

bizcredit11 — Wed, 10 Jul 2019 01:39:47 GMT

@Billionairess1

Thank you for confirming in order to help others. It's an easy 10k credit limit with good personal credit that will show on your business credit reports.

Primarily used to help paying off your vendors in comfortable terms. I am using it for Uline currently. Maybe Northern Tool in the near future.

Build your business credit as well with reporting to D&B, Experian biz, Equifax biz, and SBFE.

bizcredit11

Re: Behalf is now a soft pull

Anonymous — Wed, 10 Jul 2019 01:53:46 GMT

I have a strong D&B (4 TL/90 paydex)but currently have no BizExperian and only one TL on my Biz Equifax. There's actually another company with a not so favorable report that always comes up i when I do a search for my Biz Experian report thru my Nav monitoring...so I'm glad Behalf reports to all of those outlets. I also have a gas card in route that will report to Experian and Equifax as well.

Re: Behalf is now a soft pull

bizcredit11 — Sat, 13 Jul 2019 01:44:07 GMT

@Billionairess1

Will any of these Experian reporting accounts help your business?

Tradeline Experiences:

AutoZone

Uline

SupplyWorks

Ecredable (reports your utilities, telephones, cable, water etc)

Payment Experiences:

Exxon/Mobil Commerical Citi

Staples Commercial More Net 30 Citi

Northern Tool Net 30

Conoco Commerical Revolving Synchrony

UPS Net 10

Staples Commercial More Business Revolving Citi

Lowe's Account Receivables Net 20/30 Synchrony

Amazon Net 55 Synchrony

Sam's Club Biz Store Card Syn

Sam's Club Biz MC Syn

Pick what will help you. Gas cards are typically slow to report and weaker than store/especially revolving accounts.

bizcredit11

Re: Behalf is now a soft pull

GApeachy — Thu, 11 Jul 2019 01:54:45 GMT

Dell reports to Exp Biz too.

Re: Behalf is now a soft pull

Anonymous — Sat, 13 Jul 2019 23:00:33 GMT

Do you have to explicitly apply for financing or just sign up for an account?

Edit: I opened an account and can now accept payments but there was no mention of a credit line. Looking for that now.

Re: Behalf is now a soft pull

Anonymous — Sat, 13 Jul 2019 23:07:36 GMT

Looks like I accidentally signed up for a merchant account.

Re: Behalf is now a soft pull

bizcredit11 — Sun, 14 Jul 2019 14:49:55 GMT

@Sivag83

If you accidently signed up to accept payments through Behalf I am sure you can correct this.

Speak with customer service in the morning EST.

You are just looking to be approved for the Behalf account and receive a credit limit. You can use the limit at your discretion, but be aware it is primarily available to pay your vendors.

bizcredit11

Re: Behalf is now a soft pull

Anonymous — Tue, 16 Jul 2019 12:50:20 GMT

Yea, they told me I needed to use a different email address which I'm having to sort out now because I used my only business email to sign up originally.

Sound have another DP for you all soon though.

Re: Behalf is now a soft pull

Anonymous — Tue, 16 Jul 2019 15:17:24 GMT

Update:

Thank you for interest in Behalf. Unfortunately, based on the information you provided we cannot pre qualify your business for credit at this time.

For extra context, my personal scores are in the low 700s and I just completed a personal credit spree so i'm not sure if that makes a difference. Also I already have a few business tradelines that have been reporting for what will be a year in a few months.

Re: Behalf is now a soft pull

bizcredit11 — Tue, 16 Jul 2019 20:10:34 GMT

@Sivag83

You must be on the borderline Sivag83. How do your Experian reports look? Personal and biz?

If you really could use/need the account, I would follow up. My Experian personal was 730 when approved.

bizcredit11

Re: Behalf is now a soft pull

Anonymous — Wed, 17 Jul 2019 02:20:35 GMT

Ok, I will follow-up and see what they say. My Experian is 701, down since the mortgage and credit spree last month.

Re: Behalf is now a soft pull

Anonymous — Wed, 17 Jul 2019 15:08:39 GMT

Thanks for the DPs. I'm building business credit, as well, but will probably wait until after the first of the year...maybe lol.