Our FAQ
Frequently Asked Questions?
01.What is Business Credit?
Business credit is your business’s ability to borrow. Your business credit score influences your access to credit products such as credit cards and loans, giving credit agencies, lenders, vendors and suppliers an indicator of how you handle your debts and your likelihood of paying them on time
02. What is the credit range for business credit?
1-100
03. What’s the difference between a DUNs number and an EIN Number?
A DUNS number is different from your federal tax ID (EIN) number. A DUNS number is used for business credit reporting purposes, whereas an EIN is issued by the IRS and used for tax identification purposes..
04. What’s a DUNs number?
DUNS) number is a unique nine-digit identification number provided by Dun & Bradstreet (D&B). The DUNS Number is site-specific. Therefore, each distinct physical location of an entity (such as branches, divisions, and headquarters) may be assigned a DUNS number.
05. Can you build business credit in 2 months?
It may take a few months before new accounts appear on your business credit reports. Once they do, you’ll need several months of on-time payments to establish a good business credit score.
03. Is this business credit repair or building?
There is no formal process of fixing business credit as there is no FCRA or FACTA laws that deal with business credit reporting. Still, our our software will help business owners dispute any discrepancies on their business report as part of the program, and they’ll have access to a section where they can go through the business credit dispute process. We even have a step dedicated to fixing errors on business credit reports as part of the program.
But the main function of thesoftware is to help you and your customers build business credit..
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03. Is this a Personal Credit Repair Company?
No. We are not a Credit Repair Agency. Having A good Personal Credit Score will be a great benefit to building a much stronger business credit profile.
03. Does business credit even really exist?
Real business credit can be obtained with no SSN being supplied upon application. This credit doesn’t appear on your personal credit reports either. As you build your business credit your EIN profile and score then becomes essential to helping you qualify for bank loans and credit cards. And you can use EIN credit and EIN credit alone to get approved for many types of credit without a personal guarantee.
Every highly-successful privately and publicly owned company in the United States has business credit. But what many don’t know is that even startups can also obtain it… if you follow the right steps. That’s why our business credit building software was designed to keep you on the right track to building a successful business credit profile.
04. How do i know this program will work?
Every step of our program includes simple education videos and direct resource links so that your business credit building journey is a ‘no-brainer’. In the rare occasions that you need help, you have our business credit advisers available to help!
So as long as you’re committed to follow our instructions and are serious about the success of your business, then yes, you really can do this — even if you’re technically challenged. With that being said, it’s important to understand that we do NOT build your business credit FOR you. We help you through simple step-by-step instructions and education. Essentially, follow our instructions and get results. Simple.