Best Small Business Credit Cards For Establishing Corporate Credit

March 6, 2013 By Marco Carbajo

Best Small Business Credit Cards

With fast access to cash, convenience and all the perks that come along with it; a business credit card is a standard tool used by business owners.

But did you know less than 50% of the credit cards obtained by business owners nationwide are actually in the company’s name?

It’s a shocking reality to say the least but the good news is there are plenty of business credit cards that cater to savvy business owners like you who understand the importance of establishing business credit.
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What’s In Your Dun and Bradstreet Report?

February 14, 2013 By Marco Carbajo

Dun and Bradstreet Report

A main reason to manage business credit is that it is not protected like personal credit. Even though the Fair Credit Reporting Act allows you to view and dispute the inaccuracies in your personal credit reports, the act does not apply to business credit.

Since business credit reports are less transparent than those for individuals, business owners should be diligent in managing their business credit file regularly, since it is much harder to initiate disputes to remove inaccuracies.
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Virtual Office Address Creates A Professional Corporate Image

January 29, 2013 By Marco Carbajo

Virtual Office Address

During the initial stages of the business credit building process I’m sure you have heard about the importance of setting up a commercial office location. A physical location that is zoned for business speaks volumes for your company and its operation.

If you decide to use your home address for your company’s business address keep in mind that some lenders may not extend credit to a “home based” business. However, you still have many credit opportunities with a home based business so don’t let that stop you.
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Why Your Business Needs To Get A DUNs Number

January 8, 2013 By Marco Carbajo

Get a Duns Number

Did you know a DUNS number is the most widely used number for identifying companies in the United States?

Did you also know suppliers and creditors alike will pull a D&B credit check on your business when you apply for credit?

If you are serious about establishing credit for your business then the first thing to do is get a DUNS Number so your company can get listed in Dun and Bradstreet’s database and set up your company’s credit file.
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How Can I Get A Credit Card With Bad Business Credit?

December 27, 2012 By Marco Carbajo

How to Get A Credit Card with Bad Business Credit

A business credit card is a common and effective credit-building tool for companies. However, if your business credit rating is tarnished and you’re struggling to qualify for a business credit card, you may have to seek out alternatives to increase your chances of getting approved.

Here are several options until your establish the creditworthiness of your company.

1. Sign up for a secured card

If you are using the credit card for credit-building purchases, it may be useful to sign up for a secured business credit card. This line of credit requires you to put down a deposit in order to obtain financing, but if you manage it wisely, the deposit will be returned and you may be elevated to a traditional credit card.
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