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Business Credit Master
Inc.
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Credit
Reporting Agencies:
Dunn and Bradstreet is NOT the only
CRA for businesses.
Business Failure:
9 out of 10 new businesses
fail for a cause that can be directly
related to the inability to establish credit
lines when necessary.
Incorporate to Separate:
You can separate your
personal liability and protect your
personal assets from that of the business
just by incorporating. It is possible to
build a business credit profile for a sole
proprietorship or partnership, however you
are still responsible for all the debts of
the company. We recommend building your
business credit as a corporation or
limited liability company.
Show Up
On The Radar:
In many instances, only
bad credit items are reported to the
business CRA's because the commercial
lending industry is interest rate driven.
This factor has created scenarios where 10
year old corporations are "Ghosts" because
they have all positive tradelines that
don't report.
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