My little LLC has been in business for 3 1/2 yrs now, and every time I checked I was always a "B". Has been almost a year since I checked last, and Ive upgraded to "A" now. I have 3 accounts reporting to Experian business. Nav still says they can't find my business under D&B or EQ business. I also never applied for a D&B number, though Im surprised its never populated organically considering I do have an EIN, and registered LLC with my state, also have a Letter of Good Standing with the state.
Just thought Id share! :
@pizza1 wrote:My little LLC has been in business for 3 1/2 yrs now, and every time I checked I was always a "B". Has been almost a year since I checked last, and Ive upgraded to "A" now. I have 3 accounts reporting to Experian business. Nav still says they can't find my business under D&B or EQ business. I also never applied for a D&B number, though Im surprised its never populated organically considering I do have an EIN, and registered LLC with my state, also have a Letter of Good Standing with the state.
Just thought Id share! :
You should sign up for a D&B number yourself. It's free and doesn't take much to get it done. After 3 + years, your D&B profile should already be established.
Just so you know, quite a few companies will ask for this on your apps, especially the SBA or if you ever want to apply for a government contract.
@4sallypat wrote:I signed up for the NAV Boost at $39.95 monthly gives you all your business and personal credit scores and credit reports in one dashboard
Worth the monthly cost to get a boost in your business score by adding a monthly tradeline report on your Biz EXP, Biz EQ, D&B.
My age of business is long (20 years), but biz profile is very thin.
I just started building and NAV Boost is the most consistent way of improving your biz scores.
And to write off the monthly, I put the NAV Boost charge to my brand new Citizen's Business credit card.
Double score bonus!
BTW: Don't bother with the $29.95 plan - it does not boost or help your biz score.
@pizza1 THIS ^^^
NAV boost reports to D&B so a DUNS # is auto created for you if you don't already have one. I believe it takes 3 "payment experiences" to generate a D&B score which will be accomplished by the NAV Boost subscription.
Also, do yourself a favor and SEARCH your business on Experian Small Business site to verify your info is correct. There is a link that will give you access to your basic Biz profile with them for "Correctness". NAV Boost will give you basic tradeline info but few details. Get a copy of your Experian business report periodically as that is the most utilized when you start adding larger tradelines. Similar to the personal side, when you are declined a Credit account due to information obtained from Experian you will receive a letter stating such. You can then email Experian a copy of the AA (Decline) letter and they will provide you a one-time online access per letter to your Full Experian Business Credit Report. FYI, Citi and Synchrony utilize Experian heavily. 
