ForumsFinancing Tips

Do not, I repeat, do NOT use D&B creditbuilder. You can do the same, for cheap. There are boards out there that show you exactly how to build company credit. I find it ironic that dnb charges people money to populate a credit report.

First, you'll need to call dnb to assign you a DUNS number. You can tell them that you are bidding for gov't contracts and they will give you a free DUNS.

Second, apply for revolving credit. The vendor must report to dnb. Here is a list of "easy" accounts you can open. They've all reported for me. None require personal guarantor (maybe home depot if you are at 2 yrs). All you have to do is to set up an account with them.

Staples
Dell
Home Depot Revolving (not mastercard)
Uline
Quill
Office Depot
Shell
Philips Conoco 76

Third, start making purchases with the vendors. Don't need to go out of your way to buy something you dont need, but assuming that you own a business, you need supplies anyways, and you need gas, right? Try to make a few smaller purchases (i.e. splitting your order between OD, staples, quill). When you get the bills, PAY THEM OFF right away. Don't wait til the due date, you actually get better points if you pay it off faster.

I've been doing this for about 5 months now and the results have been fantastic. Company credit is built using this method, so you can get bigger things such as line of credit, mortgages, etc.