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Small Business Ideas Forum

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Old 14th April 2015, 11:16 PM   #21

Join Date: Sep 2014
Location: Sebring
Posts: 4

Hi,Establishing Business Credit is very tough.I think obtaining tradelines is a great way to begin building your business credit report. It's also important to establish a separate credit report for your business as well as maintain good credit history.

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Old 27th May 2015, 05:56 AM   #22

Join Date: Mar 2015
Location: Okhla, New delhi
Posts: 24

To start building your business credit, here are the initial steps you should take.
1. Set Up a Business Entity
2. Get a Tax ID Number (EIN)
3. Establish a Business Bank Account
4. Get Listed with the Business Credit Bureaus
5. Establish Business Credit History
6. Maintain a Good Personal Credit Rating

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Old 10th June 2015, 03:15 AM   #23
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Join Date: Mar 2015
Posts: 61

well its a useful information for everyone. i read first time this post and looks helpful to me.

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Old 30th December 2015, 10:52 AM   #24

Join Date: Mar 2015
Posts: 46

Depending on the structure of your business, it will continue to show up on your personal credit though. In most cases they will always look at your personal credit too.

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