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Formed a C-Corp, where from here?

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kr43002
Frequent Contributor

Formed a C-Corp, where from here?

So I formed a C-Corp for a small business that I am running. I filed for BK7 A month before forming the company. I have already got an EIN, I will be getting an office location in most likely a month or so. Phone service with it, Vonage Small Business Premium. I have went over to D&B and asked to get a Duns number, but I haven't received one as of yet. My questions are: How do I go about building this businesses credit without using a personal guarantee? What are good banks to do regular business checking with?
BK CH7 1/21 DC 5/21
1+ Year Post BK
Credit Limit: 6000
EDC: QuickSilver 1 1.5% $39 AF
Oldest Account: Tire Card $500 0% APR 6 Months After purchase. 2018. (Survived Bankruptcy)
Message 1 of 4
3 REPLIES 3
WayneSki
Regular Contributor

Re: Formed a C-Corp, where from here?


@kr43002 wrote:
So I formed a C-Corp for a small business that I am running. I filed for BK7 A month before forming the company. I have already got an EIN, I will be getting an office location in most likely a month or so. Phone service with it, Vonage Small Business Premium. I have went over to D&B and asked to get a Duns number, but I haven't received one as of yet. My questions are: How do I go about building this businesses credit without using a personal guarantee? What are good banks to do regular business checking with?

What's the end game you're trying to achieve by building business credit with NO PG?

Message 2 of 4
kr43002
Frequent Contributor

Re: Formed a C-Corp, where from here?

the company is going to have to service a workstation to every employee it hires. it will make it back and them some in a month but I would like to at least earn some rewards for that high cost of goods. So really I am wanting a rewards credit card or something to that effect.
BK CH7 1/21 DC 5/21
1+ Year Post BK
Credit Limit: 6000
EDC: QuickSilver 1 1.5% $39 AF
Oldest Account: Tire Card $500 0% APR 6 Months After purchase. 2018. (Survived Bankruptcy)
Message 3 of 4
GApeachy
Super Contributor

Re: Formed a C-Corp, where from here?

@kr43002 If you do a search in the Biz forum for no pg  it will populate results where you'll find dp's provided.

Some that I found included:

Best Buy Biz

Sams Club Biz

Some Fuel Cards

Some Auto Financing

Dell

The dp's will be very helpful for you to assess your standing, good luck in your search and congrats on your new Biz formation.

My Take Home Pay Don't Take Me Home
Message 4 of 4
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