Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

[chalupaman]

This is not a drill. They instantly approved me for this card. I'm shocked. I only asked for $5k thinking I wouldn't qualify for much at all. I only have 4 accounts reporting on my business credit reports according to Nav. 7 on DnB, 4 on Experian, and 2 on Equifax. The one that I'm still paying on and reporting every month is from Nav.com. Although I've had my business in name since 2016, I've only had it as an LLC since November 2019, so it's now been officially two years! 

I also tried for Amazon Net 55 again but got a pending message, so I think it's another denial on that one. 

But whoa, I wonder what other no PG accounts I can try now. 

Paydex score is 80. Experian is 86. Equifax is 414. 

[BizCreditHunter]

I just did the same thing today, seeing yours. Asked for $20,000 and received $20,000.

Thank you!

Paydex score is 75. Experian is 82. Equifax is 431.

[MmmarkAz]

@chalupaman  Whoa! Nice SL and No PG.. Congrats! 😃

I Got Denied from Sam's Club Biz MasterCard Last Week, Letter Said Not Enough Biz Credit, How Do I Get My Biz EX, EQ and D&B Scores? Thanks!

[BizCreditHunter]

@MmmarkAzwe received a no-PG Sam's Club Mastercard (Type 1, lowest rate) after 1-year of building business credit. If you refer to the link below, you'll see that journey. We obtained one Sam's Club MC for another business, but it was PG, but when I was out in Las Vegas at a conference, of all places, decided to take a gamble and go  into Sam's Club and apply for the no-PG again. We were approved instantly for $14,000 with no-PG.

You have to find business lines of credit that report to the various business credit bureaus. A PAYDEX of 80 is surely a good thing, but having a decent EX and EQ business score is likely necessary as well. When we received the $14K Sam's Club, we had decent scores (see the thread). For what it's worth, we're started moving away from all these different credit lines (as someone had noted would happen in that thread). Our bank has been "okay" and we started leveraging American Express more.

I used to subscribe to Experian Intelliscore and Equifax Business, but now just subscribe to Nav (nav.com). I pay the $39.99/month for business credit monitoring. Plus with the Nav+ account, they report to Experian.

My old thread which includes the Sam's MC No-PG: https://ficoforums.myfico.com/t5/Business-Credit/Business-Credit-Adventure-UPDATED/td-p/5104971

[MmmarkAz]

@BizCreditHunter Thanks for All the Info! I just Started Getting My Biz Credit 6mos Ago, but Sole Proprietor for 10yrs.. and Haven't Got an EIN number yet, Sam's Did Ask for One, but didn't Run My Personal, Luckily.. I'm Building a Sml House This Year and My Utilzation is Only 18-20%

I Did One Last Year and Utilzation was 99% & Scores Dropped 150 Points.. Thanks to Everyone Here and Biz Cards Have Really Helped.. I Will Check into what you Recommended..

Thanks Again! 

[Anonymous]

I app'd and requested $10k, but was instantly approved for $14.5k.  Thanks for the post, wouldn't have guessed this one.

[chalupaman]

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@Anonymous wrote:

I app'd and requested $10k, but was instantly approved for $14.5k.  Thanks for the post, wouldn't have guessed this one.

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No problem. I'm glad to see that this post helped out quite a few in the last few weeks for sure. 

[Creditaddict]

I was approved for $20k after faxing in proof of my EIN... ODD!