It’s a mathematical model that indicates to potential lenders the likelihood of your business paying debt obligations. These scores are based upon whether the business pays on-time or before-time. The SBA suggests that business credit is often 10 to 100 times higher than personal limits.
Other factors such as industry risk, payment history, outstanding debts, duration of credit history, utilization ratio, and public records are relevant.
Business credit is a sequence of financial growth. There are no drawbacks to having large credit lines. They are positive factors for vendors or lenders you may approach. Business revenues and thus credit generally grows with time.
If you think about it, consumer credit is about a single person. Commercial credit is about a business, often a group of people as an organization. A business by default has a stronger financial foundation.
We build your Business credit EIN the way lenders want to see it. Lines of credit are put on the Experian small business and SBFE. Tradelines usually take between 60-90 days to show up and stay for 9-12 months after before closing out. All tradeline are reported in a sliding down scale so it reports a lower amount each month until reports paid in full.
Business Credit Tradeline Prices
$6000
$8000
$16000
Higher Packages and Prices available upon request.
We create in just 30-45 days the business credit profile the way lenders want it.
All lenders need to see that your business has been funded, how much it was funded and how well your business managed the funding it received. Lenders typically lend what others have funded.