Business Credit and Funding Suite Steps
Our Business Finance Suite is a step-by-step platform that helps business owners ensure their business is setup credibly and walks them through the process of obtaining funding and building business credit for their business. There are 6 steps in total, and each step has its own purpose in the business credit and funding process.
Start Getting Approved for Business Credit
Step 4-
In Step 4 we focus on building your business credit, you will be approved for new credit in your business name that reports to the appropriate business credit reporting agencies. Much of this credit can be obtained with no personal credit check, and with no personal guarantee required eliminating your personal liability.
The first step in building business credit is to get approved with 5 Net 30 vendors who will give you credit and who report to the business credit reporting agencies. Once you are approved and use these accounts they will be reported and will become the initial trade lines on your business credit report. As long as you pay your bills timely, you will be awarded with exceptional business credit scores that will help you getting approved for more revolving credit cards in Step 5.
There are over 50 vendors to choose from, by far the largest selection anywhere and with the major sources we supply our clients with you can easily find the vendors that you want to use to help build your business credit. Best part is that most of the vendors will approve you even if you are a brand new star-up business.
We offer extensive details on each vendor; details about the company and the products and services they offer, what credit bureaus they report to and underwriting criteria. You can review the vendor’s actual underwriting guidelines so you will know what you can be approved before you even apply.
You can even connect with each vendor directly through the Finance Suite in just one-click. All of your application information auto-populates from the Finance Suite onto the applications for credit, saving you hours of time. In one-click you can easily submit your applications to the business credit vendors.
Once your new vendor credit is reported to the business reporting agencies you are then awarded with an exceptional business credit score. We can now leverage your newly built business credit profile and scores to get you approved for even more revolving business credit cards in Step 5.