As you know we consider getting a Staples account an important step in business credit building. Here is a common confusion among some: When applying for the Staples card – remember it is easier initially to get a Net 30 pay account instead of a revolving account. That is the commercial billing account that asks you to pay the complete balance at the end of every 30 days. When you do have this account and use it for a couple of months it is easier to change it to a revolving account. In a revolving account you can pay a minimum every month if you want.

As we indicated on the site, Staples is a citibank backed card like Shell gas card. Of course with Staples you can get really creative. All that will make it easier for you to get a Citibank (or citibank backed) unsecured business credit card.


happy New year and Merry X mas…..

We have an end of the sale on the site. Please check it out.

Also if anyone  purchased more than $50 worth of pdf and have not yet submitted their corp info please do so. All we need is the corp name and address as a minimum for posting to business credit.

Thank you.


OFF – SHORE CORPS for sales. We are working on that and will keep you posted.

Hope all of you are really working on your business & personal credit. Remember this is the time to do it. Just yesterday I heard how one of our supporters got a Chase Business ink card. His personal credit was pulled BUT his personal credit is far from perfect. It was his business credit that really came to the rescue. He already had two Chase personal cards, one with higher limit than the other. Initially he got rejected for business credit card (Chase Ink Card). On my advise he called up Chase using the reference number on the rejection letter. Chase was just wonderful, they asked him to verify some information, seemingly checked his credit again. My friend gave them his business credit needs. The end result. Chase bank lowered the limit on one of his personal credit Chase cards and gave him a business Chase credit card instead. This is a classical case of banks really wanting to lend even though they are limited due to lending restrictions. Lenders make money lending. Now image if you have all your business file in order – most businesses find it difficult to borrow these days  so you will stand out and hence get great financing options.

Make sure that you emphasis that you are trying to get a business credit card and not a personal one. Chase has so many departments that it is easy to end up in the wrong place. They should get your corps EIN number and they also get your SS#. Make sure your business credit file is strong so your personal credit matters less.


A common confusion among business credit builders is dealing with the one and only Dun and Bradstreet.

Please do not call them – it is too much of a headache. Read these articles to learn more CLICK HERE

Third article down..

When you have a bunch of tradelines on your report – this is what you need to do. Go to DNBi website and apply for there 14 day free trail and see what your company report really looks like – as seen by the creditors.

Here is the link:

Also make sure that all the trade lines that you really have are in your report. If they are not than try adding them. Give them as much info as possible, say if you want to add Tech depot , give them your account number with Tech depot., the name and direct number of the rep that deals with you and all other information.

Remember this is not the same report as the one in the D&B iupdate

Notice it says that the free trail ends June 30th so make full use of it now.


For more free articles please visit

Look at what a Duns report looks like …

This is a follow up article from Part 1 that shows a small business that just got a Duns report (from Dun and Bradstreet) established. Part 1 shows the basics and this part shows how the report keeps changing as new items are updated as the business owner establishes his/her business credit by following the steps that we outline, vendor credit, public filings. This will be a series of articles and as the corp builds its credit I will keep posting the updated report and highlight the changes.

To read Part 1 click here and go to the bottom of the page, last article.

We all know that the format of D&B log in and the report has changed a little. Plus our corp (see the previous article on this subject) has certain information updated, meaning new information appears on its report.

The explanation of most of what you see above is in Part 1 (click here) and read the last article at the bottom of the page.

The page above shows the major changes that took place since this report was updated (see Part 1). Lets magnify this page and see the details. First the top half:

1  Notice the line above Public filing shows that on Sept 2 2010 a correction to the address info took place. It was an addition of an office location.

Ucc filings:

2 Notice the filing number (one of the ways the credit agencies look deeper into the filings)

…… be continued. You can read this complete article (and Part 1) immediately by clicking the links below.

Complete Part 2

Also read the first article on Dun & Bradstreet  for a better understanding of what D&B really looks for click here


I am constantly asked of more vendors that report to business credit. People understandably want varied accounts to appear on their business credit. What is happening now is the most common vendors that businesses have used (Office Depot etc) for many years are becoming hard to deal with. They will deliver your product on time no doubt but any questions that a customer asks regarding business credit reporting is given the run-around. Couple that with accounts taking too long to show-up and many people  doubt that the vendor even report anymore. By the way accounts taking too long to report might not necessarily be the vendors fault. Here are some lesser known vendors that report to business credit:

AZ snacks:

Vip Electronics:


Remember a business account through all of these.


Every now and then I come across someone that passes a comment like:

·       ‘Creditors do not really care how many employees your corporation has (as indicated on say a D&B report).’

·       ‘No one really checks the taxes (employee withholding etc etc) that your corporation has filed.’

·       …and similar comments.

To me these comments show a certain innocence that is quite appealing. !!

A lesson in history: A couple of years back you did not even need a business LAN line and you could get business credit. I have seen situations where one has opened a corporation (EIN #) and got approved for Staples unsecured card almost straight away. That type of thing soon came to an end as credit became tighter.

After that it was widely accepted that you should have a business LAN line and a few other things in place. The corp would than buy from certain vendors that report business credit and after a few months apply for unsecured credit and get approved no problem. Well now times have changed even more. Why do you think that most people think it is NOT possible to get unsecured business credit WITHOUT PG (using your personal credit)? Does it not stand to reason that even more steps have to be taken to ensure getting business credit without PG.

·       Of course the numbers of employees you show do not make a big difference by themselves BUT they are a part of the larger picture, your business’ complete profile that the creditors look at. That is what we call the business file.

·      Of course there are many searches that will never reveal your companies tax information but there are many databases that do have that information. Plus these days many more banks actually ask for your business’ tax returns even if you apply for certain secured loans. (as a side note: strictly speaking all loans are secured in one way or another, some just more than others).

Creditors/lenders, banks and credit agencies have access to many databases (like CCR etc) that collectively, pretty much have all the information on your company that has ever been recorded. Different companies have access to different databases. As an example, Experian states ‘that they can look into over 100 criterions to come up with your business credit rating’ (refer to the Experian article here). That is just one example. Now does it not make sense to get as much in place as you can, especially if your aim is to get a good amount of business credit, like cash lines of credit without P.G.

In fact the subject of databases is a vast one and I will get into it in later articles. For now do realize that anything that is recorded is stored in databases around the country (in some cases around the world) and different companies have access to different databases.


For a deeper look into filing taxes (and other articles) for business credit purposes refer to my tax article, click here

Here is something directly from Experian business credit website. I left it unchanged with the link. Have a quick read and I will highlight the most important points later:

Understanding Business Credit

Why did my business credit score change?

It is not uncommon for your business credit score to fluctuate slightly. Using our model for business credit scores, we examine more than 140 variables to determine your score. There are many factors — beyond what is displayed on the business credit report — that may cause your score to shift.

Factors include, but are not limited to:

  • The presence of derogatory public records on the business profile, such as collections, liens, judgments and bankruptcies
  • The status, recency, frequency and dollar amounts of any applicable liens, judgments or bankruptcies
  • An increased trend in slow payment of obligations
  • An increase in the number of business credit inquiries or applications that are generated by the business or the owner
  • The number of trade experiences, balances outstanding, payment habits, credit utilization and trends over time
  • Years in business, line of business or Standard Industrial Classification (SIC) code, size of business and other demographic data
How Business Credit Scores are Calculated

Business credit scores range from 0 to 100, with 0 representing a high risk and 100 representing a low risk. Scores are based on a number of factors contained in your business credit report.

  • Number of trade experiences
  • Outstanding balances
  • Payment habits
  • Credit utilization
  • Trends over time
  • Public record recency, frequency and dollar amount
  • Demographics such as years on file, Standard Industrial Classification codes and business size

Here are the points that I feel are the most note worthy:

  • “..presence of derogatory public records ..such as liens”
  • “..Standard Industrial Classification (SIC) code, size of business and other demographic data”
  • “We examine more than 140 variables to determine your score.”   – 140 variables !
  • “There are many factors — beyond what is displayed on the business credit report”
  • “The status, recency, frequency and dollar amounts of any applicable liens,…..”
  • Public record recency, frequency and dollar amount”

This is coming directly from Experian.  As I always say – it is your complete business file that will maximize your business credit potential. Please look beyond Paydex scores and vendor credit.

I can assure you that most people can do it and if you do it, aim high.

Click here for the articles directly from the Experian site

Notice this point 5. They actually talk about UCC filings. Need I say more.

For more info and many more free articles  click below:


Using lesser known credit reporters! A simple “secret” way to set yourself apart from the rest of the pack:

As you know not all vendors report to business credit contrary to what D&B might hint to BEFORE you purchase their credit building product.

For those of you who are new at this: when you order from certain vendors they will report to business credit agencies and/or places like D&B (which is really a data collection agency). Now, not all vendors report. That is why places like Graingers, Uline, Quills etc (companies that do report) are popular among business credit builders. In fact they get a lot of business just because they report.

Keep in mind that many lesser known businesses also report.  There was a time when all one had to do was get an EIN number and they would call two of these vendors, get credit and after a month apply for unsecured credit cards. Times have changed.

Today you need to have more vendor credit and you have to wait longer. But there have been even more changes, subtle changes……

Part of lending is subjective. Say if I (or someone from my team) is looking at a business credit file. Nine times out of ten times we can tell if the company’s sole aim is to get quick credit. One of the first things that will make it obvious is that the vendors involved would be the usual: Graingers, Quills, Reliable etc. My point is if you are aiming for some great business credit without PG (personal credit guarantee) you cannot follow the crowd.

As credit becomes tighter, the need for credit is actually going up. This is mainly due to the vast number of undervalued assets available for sale. Restaurant owner are selling at a loss, real estate, Laundromats and pretty much most businesses under the sun that have their income cut in half while their debt service remains the same. So the demand for credit/financing is very high. As a result more and more people are getting into business credit building. As with any emerging trend the information out there is slightly outdated and in most cases very outdated.

If you are aiming for some credit than by all means follow the crowd. But if you want to fulfill the potential that business credit has than your approach should be different.

Recall that I mentioned the usual vendors (like Graingers etc) that most people use, initially you might have to work with them since they can be easy to get. The main point I want to stress is you just have to get some vendors on your credit that are not the usual, most common players. In the future I will add a more complete list of little known vendors that report to places like Experian, D&B and the like. One such place is Strategic Network Solutions and the other is AZ SNACKS, INC (see below).

You just have to understand that having a great business credit file is more than just some usual vendor credit yet it is NOT that hard to build. A business file that can not only get GREAT business credit but can “bring-up” a brand new corp that you make. That makes it much easier for the new corp to get credit. Now isn’t that interesting. Yes, there is just a lot more to business credit than meets the eye.

For now look into other companies that report on your business credit report, a good mix of vendors is a must. Your business should look real and active. In these times you need to have everything in order and than a little more, AN EDGE. Do not leave anything to chance. Remember your aim should be higher than the average person building business credit……you have better information on the subject, don’t you !