Dun and Bradstreet number

[rebuilding credit]

I just started a small home based business and am looking to get my business credit established. The business is setup as a sole proprietorship and I have a Federal EIN number even though I am the only employee. Should I pay the $500 for the creditbuiler program they have or just get the free listing and D-U-N-S number?

[vickisecret]

500, nooooooooooooooooooo.

You could do the 299, the 500 is for people that already have a report, but they want them to add references. If you have not worked with companies before its not worth it for you.

You can get a duns number free, just tell them you don't want then to determine the credit, you need it just to do business and get your ccr or central credit registration. They will have to give you the number free and leave you alone.

Change your cell phones to business plan and they will start reporting on your tax id number, if its not Verizon.

Get a line of credit with Dell, CDW or Pitneybowes.

I live Pitney Bowes, they report 3 times on your report and give you more references.

[dangar1999]

This video series can answer some of your questions

Building-Business-Credit-Free-9-Part-Video

[bizcredit]

I would just go with the free version. Give it some time before you decide to pay.

[rachael24]

Free version is the way to go right now. You can always buy later!

[Lombard_pace]

thanks, for site

[ilyab0dner]

A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own.


Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information.


Good luck,

Ilya Bodner

Small Business

Owner Initial Underwriting Group