In Step 4 we help you get 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 from you, 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 reports to the business credit reporting agencies. Once you are approved and you use those accounts, the accounts are reported and will become your initial trade lines on your business credit report.
As long as you pay their bills timely, you are awarded with exceptional business credit scores that will help you start getting approved for more revolving credit cards in Step 5.
You have over 50 vendors to choose from, the largest selection anywhere. And most of those vendors will approve you for credit even if you are a brand new startup business. And with the major sources we supply clients with, you can easily find the vendors you want to use to help build your new business credit.
Each vendor in the Finance Suite offers extensive details about your company, reporting, and underwriting criteria. You can see the bureaus that each vendor reports to, you can learn about the products and services each vendor offers, and you can review the vendor’s actual underwriting guidelines so you will know they can be approved before you even apply.
You can even connect with each vendor directly through the Finance Suite in just one-click. And all of your application information auto-populates from the Finance Suite onto your applications for credit, saving them hours of time. So in one-click you can easily submit their applications to their new 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 then help you leverage your newly built business credit profile and score to get approved for even more revolving business credit cards in Step 5.
“The business credit coaching program has been great. I am a startup company and because I had good personal credit, my funding adviser was able to help me obtain my startup capital, within 60 days.”Stella H McKinney, Dallas TX
“Hi my name is Ivan Sugussen, from Castle Food Company. I have been in the business of credit coaching for about five months now. I am really excited about what just happened Tuesday. I was approved for a $10 million line of factory credit. This is going to be vital to my company as we continue to grow. I have found the coaching program to be very thorough, and while it did take some time, I can say with full confidence, that my company is now creditable and has the financial backing to allow us to grow.”Ivan Sugussen, Castle Food Company
"Because I had an existing business and good personal credit, I was able to go through you program really fast. So far, I have obtained about $50,000 in business credit. I am already on step five and it has only been a couple of months. Thanks for all the help."Mari Mcclure, Chalmette LA
"You guys have been great. Thanks to your help, and thanks to my coach, I was able to get the startup capital for my company in about four weeks after signing up. You taught me how to use my personal credit, but without it showing up in my personal credit file. And at the same time, start building my business credit."Sherry O Hawkins, Tampa FL
"I cannot thank you enough. I was able to get enough capital to cover the expenses we had during our full season. Thanks to your help, I am now building good business credit. I also just got funded based on my account receivable, and a loan for miscellaneous."Sadie R Williams, Readings VT