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Can a business make another business an AU?

nyccc2
Valued Contributor

Can a business make another business an AU?

If I have one business with a corp card and open another business, can I make the second business an AU using it's EIN #?
MyFico Scores (TU/Exp/Efx):

11/02/08 696 / 695/ 737- 5/4/08: 667 / 703 / 668 - 11/07 Low 500s All (Fako)
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2 REPLIES 2
Creditaddict
Legendary Contributor

Re: Can a business make another business an AU?

no as far as I know, you can only add employees.. I also sent you private
Message 2 of 3
makeover
Established Member

Re: Can a business make another business an AU?

You're actually talking about a Corporate Guarantee... If  You have an account(Company A) already with a Supplier/Vendor/ Whomever,  and you want to use that credit status to open up another account(Company B), or in essence "Guarantee" the  worthiness of the new account(Company B),  as long as Company A's credit is Strong enough to carry A &B  You Can..  But again   You'll most likely have to sign an Corporate Guarantee... And make sure you read all the legal verbiage in the guarantee,  some are tricky while others or straight forward...
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