Getting a strong business profile & strong business credit
STEP #1Was Following the checklist tasks for starting and operating a successful small business.
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STEP #2Be open to the idea of some form of partnership. It can assist your business in many ways.
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STEP #3Purchase a company that has been around for awhile, this helps with any length of time stipulations placed & creates an appearance of longevity.
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STEP #4Ensure you have a complete and up to date D&B profile. This will help maximize your earning potential and will increase the likelihood of others extending you credit.
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STEP #5Get approved from our list of vendors. This will allow you the right to a credit line. The companies we recommend are likely to approve you prior to having a Paydex score
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STEP #6Get trade references! Which is A reference given by one company to another regarding the credit worthiness of another company whom it supplies with goods.
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STEP #7Obtain retail credit. obtaining Retail credit is a good way to get goods and services a company needs, it also an important way to build business credit.
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STEP #8Get a Micro Loan! They are $50,000 or less business loans and lines of credit. offered by banks as a FICO score based product.
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