Building Business Credit Fast - Business Credit 2020

How do you start building business credit fast? There are several new business credit building strategies that will help you build your business credit reports in record time. Whether you are a startup or existing business you can start establishing business credit quickly by following the strategies we cover in this video.

From the early startup stage all the way to the growth stages, access to business credit and funding is crucial if you want to success in business.

To add up to 8 utility accounts to your business credit reports go to http://businesscreditbuilderservices.com

For our Step-by-Step Business Credit Building system go to https://businesscreditbuilders.org/

It’s important to realize when you structure your business as a corporation or limited liability company it becomes recognized as a separate legal entity with the ability to enter into contracts.

Your company’s Employer Identification Number (EIN) is used to identify your business entity to the IRS, banks, lenders, suppliers, vendors and other businesses.

Your EIN is also used to create a business credit file for the business with business credit reporting agencies such as Dun & Bradstreet, Equifax Small Business & Experian Business.

Think of your company’s EIN as the social security number for the business.

Business credit is just as important as personal credit. While personal credit impacts many areas of your personal life when it comes to finances. Business credit impacts many areas of a company’s lifecycle when it comes its finances.

If your goal is to start building business credit fast it’s essential to take advantage of strategies that allow you to do so with as little effort as possible.

The good news is you can add up to 8 utility accounts and up to 24 months of business credit history by reporting your business phone, internet, and utility payments to business credit reporting agencies: Experian Commercial, Creditsafe & Ansonia.

Your company’s utilities are operational expenses that you pay for each and every month without fail. The only difference with this strategy is you are now getting those on-time payments and history to report to your company’s business credit reports.

How does it work? You simply link your business phone, internet and utility accounts and the reporting provider we recommend will do the rest.

They securely download up to 24 months of payment history directly from your service provider’s website. Also, they automatically report your ongoing monthly payments.

This by far is one of the best ways to start building business credit fast while adding up to 24 months of payment history. Remember, its one thing to have tradelines reporting but it’s equally important to have payment history.

For more details on how to build business credit fast check out the following sites.
https://youtu.be/xVubYCJuE_Y
http://businesscreditbuilderservices.com
https://businesscreditbuilders.org/business-credit/
https://businesscreditblogger.com/2018/11/28/how-to-build-business-credit-in-30-days/
https://businessfundingengine.com/unsecured-business-lines-of-credit/