There are over 2,100 lenders and 400 direct lenders and over 30 core funding programs available to you through the finance suite. There are actually more funding and business credit sources available than anywhere else, giving the best chance of getting approved for the most amount of money. Check out some of the many business credit accounts you can get through the finance suite, without a personal guarantee or credit check: Staples Office Depot Shell Home Depot Wal-Mart Costco Amazon Dell Lowes Sears BP Chevron Speedway Sam’s Club Visa MasterCard And More ..read more

There are 3 main business credit reporting agencies in the United States, Dun & Bradstreet, Experian and Equifax Commercial. These are the reporting agencies your EIN credit is reported to. Dun & Bradstreet, often called D&B, is the biggest business credit reporting agency, as it is 10X larger than Experian or Equifax. They provide information on businesses and corporations for use in credit decisions worldwide and publicly traded company (DNB) on NYSE, headquarters in Short Hills New Jersey. D&B roots track all the way back to 1841, with the formation of the Mercant ..read more

The hands-down biggest and most common mistake entrepreneurs make is using personal credit to finance their businesses. Common examples include: ● Paying for business expenses with your personal credit cards ● Obtaining personal loans to finance your business expenses If you’ve used one or more of these financing methods to fund your entrepreneurial ventures, I’m not surprised. Shockingly, many business-start-up experts recommend these methods for funding new businesses. Their advice is well-intentioned… but nonetheless incredibly dangerous. The reason for not using your ..read more

Most people know you shouldn’t pay the sticker price on a car and that it’s important to negotiate a job offer, but did you know you can call your credit card company and negotiate for a lower APR? You could be paying way more than you need to without even realizing it. Credit Card Rates & Fees The high interest rates that come along with most cards can make it hard to claw your way out of debt. However, you do have some options as you work to pay off your balance. How to Negotiate This Call your credit card company and explain that you’ve been stretching to make the monthly p ..read more

What to Look for in a Savings Account There are so many savings account bells and whistles! At the core, here are the five things you need to consider when looking at a savings account: Stability Fees Accessibility Interest Income Service Let’s tackle these issues one by one here! Stability: Look for FDIC Insurance The first thing to look for in a savings account is FDIC protection. This ensures that your money will be available to you, even if your bank fails. If you choose a credit union, look for National Credit Union Administration insurance, which is similar to the insura ..read more

When you apply for business financing there is actually three types of credit that are reviewed for your approval. No matter what you are told, personal credit ALWAYS matters… unless it isn’t being looked at. For example, when you are applying for business credit you can use your EIN to get approved and leave your SSN off the application. When you do this, your personal credit isn’t even looked at, nor is it used for the lending decision. This is about the only exception in the business funding space. All other funding types including advances look at and care about your personal cr ..read more

Yes! Almost any business can get business credit as long as it has an EIN number and entity setup. You won’t need any collateral, and you don’t need financials, you can even be a startup. Personal credit quality won’t matter and you just need to arm yourself with the proper building steps. Now here’s a heads up. ANYONE can pull your business credit reports without your permission. Clients, prospects, potential buyers, and even competitors can see your business information. This means they can see your payment history, high credit limits, employees and revenue, pasty payment performan ..read more

Are you a new business looking to start building business credit for your future endeavors? We’re here to break it down for you and we hope that by using our resources you gain a better understanding of what Business Credit means, what it is, and how you can obtain and more importantly maintain a great credit score! Business Credit, is also referred to as Corporate Credit. Corporate Credit is obtained in a Business Name with business credit the Business builds its own credit profile and credit score linked to the business EIN number… not the owner’s SSN, and with an established credit ..read more

Choosing the Right Financing! There are a lot of different financing options available today. There are so many options that you might not be sure where to start. Let’s dive into some of the available options you have to see what works best. Most business owners try to first apply for financing at their bank but according to the Department of Revenue, only about 1.1% of all business funding comes from conventional banks such as SBA loans. Your bank can help you with credit lines and loans, but you MUST have financials and good credit for approval. If you Google “SBA loan approval checklis ..read more

When you apply for business financing there is actually three types of credit that are reviewed for your approval. No matter what you are told, personal credit ALWAYS matters… unless it isn’t being looked at. For example, when you are applying for business credit you can use your EIN to get approved and leave your SSN off the application. When you do this, your personal credit isn’t even looked at, nor is it used for the lending decision. This is about the only exception in the business funding space. All other funding types including advances look at and care about your personal cr ..read more