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15 Business Credit Reporting Agencies You Should Know About

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Business Credit Reporting Agencies

So, want to build a credit identity for your business?

You may know about the three-major business credit reporting agencies: Dun & Bradstreet, Experian Commercial, and Equifax Small Business. But did you know there are other business credit agencies out there that provide business credit reports on your company that is used to decide if you’re eligible for business credit, business loans, lines of credit, leasing and other financial products? business credit reporting agencies

There’s even specialty reporting agencies that focus on certain industries. Just like the three-major business credit reporting agencies, specialty reporting companies collect and share business credit file information with creditors and other businesses.

In today’s post we’re going to list 15 business credit reporting agencies you should know about. Each of these agencies receive millions of updates on the account activities of businesses like yours.  Now remember, there are many credit reporting agencies on both the consumer and business side.

So, should you check with every business credit reporting agency on this list? Although many may not even have any information listed on your business it’s best to check with all of these agencies to see if your listed.
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How a Business Name Impacts the Unsecured Business Credit Cards Program

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Unsecured Business Credit Cards

Do you want 4-5 unsecured business credit cards that only report to the business credit reporting agencies?

You’re probably familiar with our popular business credit cards funding program where we get you multiple business credit cards issued in your company’s name. In fact, this program is one of the best ways to speed up the business credit building process. unsecured business credit cards

Not too long ago we shared the top 5 business credit building hacks and this particular strategy was on the top of the list.

In today’s post we’re going to cover several issues that may occur with a business name when it comes to our business credit card funding program. But before we get started if you haven’t done so already you should check out last week’s post where we discussed the 5 credit report issues that trigger business credit line denials.
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5 Credit Report Issues that Trigger New Business Credit Line Denials

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New Business Credit Line

In today’s post we are going to share the top five credit report issues that we see on an ongoing basis that trigger a denial for a new business credit line. After reviewing hundreds of credit reports each month for pre-qualification there are certain patterns that stand out when it comes to those who don’t qualify for business credit lines. new business credit line

Now I’m not talking about the typical triggers for a denial of credit such as low credit scores, derogatory items, open collection or a recent bankruptcy. What we’re going to share with you are the not so obvious issues that come up during our pre qualification reviews.

After reading this post you will have an in depth understanding into our underwriter’s world and what it is they look out for during a review. Did you know getting pre-qualified for funding is based on a lot more than just credit scores?

Time and time again you’ve heard me talk about having a 680+ credit score to pre-qualify for our business credit cards that report only to the business credit reporting agencies. What prompted me to write this post was to go more in depth since credit scores are simply a benchmark number but not the only factor that underwriters look at.
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Need Small Business Credit Lines? Here are 3 Unsecured Solutions

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Small Business Credit Lines

Do you need small business credit lines for working capital?

In today’s post we are going to show you how to get a credit line whether you’re a startup or existing business. The three major types of business lines of credit we’re going to talk about are 100% unsecured and have no restrictions on the use of funds. small business credit lines

By the time you finish reading this post you will know what it takes to qualify for each small business credit line and how to get started.

First, let’s cover what a small business credit line is. A small business line of credit is a revolving credit product issued by a bank or lender that allows you to draw funds on the entire credit limit issued and you can borrow money against the line whenever you need it.

With a business credit line, you have a great deal of flexibility because you can repay the balance in full or pay the minimum monthly payment every month.  Depending on the type of small business line of credit you have, the minimum monthly payment can range from 1% – 5% of the outstanding balance.

Now you can borrow against the line of credit over and over again based on how much credit is available. You can access the credit line by phone or online, access checks or business credit cards depending on the type of line you acquire.
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Why the Balance Transfer for 0% APR Strategy is so Powerful

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Balance Transfer for 0% APR

Are you carrying a balance on a high interest credit card? balance transfer for 0 apr

Do you have personal credit card debt from business purchases?

Did you know you can get a balance transfer for 0% APR for a year or more?

In today’s post we are going to show you how the balance strategy at 0% APR is one of the most powerful tools available to cardholders like yourself. The process itself is usually done in order to save on interest payments every month.

You may have heard me mention the balance transfer strategy when it comes to converting credit cards into cash at 0%. Be sure to check out the cash from credit cards post for details if you plan to pull cash from personal or business credit cards for your business or real estate investing.
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