How to build business Credit with out a Personal Guarantee

Couch Monkey Media

Elite Member

Nov 8, 2009

2,787

1,146

• May 12, 2010

• #1

I wanted to see if there is any interest on how to build your business credit with out a personal guarantee here on BHW.

No I am not going to try and sell you anything. I just have a process that if you follow it you can start to build credit in just your Business name. I wanted to see if there is any interested. Before I start putting it together and putting up here on BHW.



Yes this is 100 % legal no black hat to it.


If we have enough people saying they are interested I will put the first section up this week.

Billsboardonline

 

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OnlineMom

Newbie

Sep 9, 2009

9

9

• May 12, 2010

• #2

I would be interested!

 

oxonbeef

BANNED

Jan 4, 2009

2,220

7,920

• May 12, 2010

• #3

I would find it interesting however every country has different financial qualifications.
Would your method work in other countries other than your own?

 

Last edited: May 12, 2010

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bom75

Registered Member

Feb 8, 2010

62

9

• May 12, 2010

• #4

I am interested.

 

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gsmktg

Registered Member

Mar 29, 2010

52

15

• May 12, 2010

• #5

interested too, have been thinking about starting a real business so pelase do post!

 

M

MagicMike

Power Member

Feb 3, 2010

702

1,455

• May 12, 2010

• #6

Yes, definitely interested... would like to see your information... thanks!

 

iluvvegas

Regular Member

Apr 12, 2008

320

68

• May 12, 2010

• #7

me tooooo!!! interested!!! all the bells and whistle's of how to do this... would be very interested!

 

Last edited: May 12, 2010

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danadams27

Newbie

Mar 25, 2010

12

34

• May 12, 2010

• #8

Me Too...I just Inc.'d a few months back so I'd be interested in this.

I wouldn't get approved for a BBQ with my credit so the business name might help.

 

R

renkman

Newbie

Sep 27, 2008

28

14

• May 12, 2010

• #9

Yeah I'd be interested in this.
Posted via Mobile Device

 

Couch Monkey Media

Elite Member

Nov 8, 2009

2,787

1,146

• May 12, 2010
• Thread Starter Thread Starter

• #10

OK it sounds like this is needed. I will go ahead and get this worked up. This is not an over night solution. This is the real way to build your business credit. On what they are looking for how they check different locations.

You will be setting up real accounts with different suppliers of products placing orders and so on. By the end of the year you will have credit cards for home depot, visa or mastercard, open line of credit are just a few.

I will get the first part of the post ready to go.

Billsboardonline

 

suave

Regular Member

Sep 20, 2009

422

105

• May 12, 2010

• #11

I would like to be part of this, I think its time to start creating a credit line for my company specially if this is whitehat
Regards
Eddie

 

Couch Monkey Media

Elite Member

Nov 8, 2009

2,787

1,146

• May 12, 2010
• Thread Starter Thread Starter

• #12

yes nothing blackhat about it. I used to work for Dun and Bradstreet so I know how the credit system works which companies report that will give you a score. Which companies that you need to apply to first.

Even know the companies that ask for a personal Guarantee and you can leave your SS# off and still get appproved.

Billsboardonline

 

C

corvettespeeder

Regular Member

Aug 19, 2009

303

15

• May 12, 2010

• #13

Yes, I am actually looking into this right now. I have a corporation and my personal credit sucks. So I would love to figure out a way to make this happen. I wonder if I would be able to buy a house with my business credit.

 

C

C.S.A.

BANNED

Mar 29, 2010

149

274

• May 12, 2010

• #14

The old artofcredit boards (may they RIP) had a lot of good info on this. Creditboards.com also has a bunch of useful info.

I'll be interested to see how your method differs from the standard "apply for dozens of reporting LOC's, order one or two things, wait 6 months" approach.

If you've got a few favorite reporting accounts, I'm all ears - the lists on creditboards seemed a bit out of date last I looked.

 

lawton

Regular Member

Mar 20, 2010

369

649

• May 12, 2010

• #15

I'm going to follow this also, I would be interested in finding out the method

 

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myroto83

Newbie

Jun 15, 2009

29

10

• May 12, 2010

• #16

Wow, I was just speaking to my partner about not being able to scale because of credit limitations, this is just what I was looking for! Looking forward to the process.

 

Couch Monkey Media

Elite Member

Nov 8, 2009

2,787

1,146

• May 12, 2010
• Thread Starter Thread Starter

• #17

ok I have started the other thread on how to start building your credit please go here and get started.

Code:

http://www.blackhatworld.com/blackhat-seo/business-tax-advice/199238-how-build-business-credit-out-personal-guarantee-guide.html#post1770477

 

lehpet

Registered Member

Nov 28, 2009

94

437

• May 12, 2010

• #18

YES! :flowers:

 

innovalist

Supreme Member

Aug 19, 2010

1,327

195

• Aug 26, 2010

• #19

It would be amazing if you could build your business credit online... how could that be done?

 

Couch Monkey Media

Elite Member

Nov 8, 2009

2,787

1,146

• Aug 26, 2010
• Thread Starter Thread Starter

• #20

innovalist said:

It would be amazing if you could build your business credit online... how could that be done?

Click to expand...

One of the first things that you need to do is set the company up as an LLC or a COPR. after you do this you will need to get an EIN and a DUNS number.

Brady