My company bought the "CreditBuilder" from D&B and got assigned a duns number in august of this year. We assumed (after paying $500) that all we had to do was continue "business as usual" and our business credit rating would improve. We buy everything on business credit cards (pay bill on time) and have a business line of credit.
We went to one of our suppliers to ask if we could buy on net terms. He checked our D&B rating and...laughed
. He said our D&B report shows no business activity (and
that, my friends, makes for a very bad rating.)
What went wrong???
I contacted D&B and they haven't got back to me yet. Can anyone help me??? Is there something we should be doing on our end that we aren't...did we skip a very important step along the way???
Forgive me for my ignorance...we are a newly formed corporation...and apparently we don't have a clue. Any help of any kind would be greatly appreciated.
Thanks in advance.
