Step 4 – Getting Approved With Business Credit Lines
The best way to start getting accounts and credit history associated with your business is to work with small time trade lines called Net spend accounts. These accounts are easy to open, and allow you to borrow a small sum of money as long as you pay it within 15, 30, 60, or 90 days. In exchange for working with these vendors, the vendors will report your good work to the business credit bureaus.
Every trade line you open will qualify as one payment experience to credit bureaus. After you have successfully completed 4 payment experiences, you can begin to move on to revolving credit. Our program currently has over 50 “starter vendors” that you can choose from, and most of them offer products and services that you would buy regardless of what industry your in. It’s a win-win deal!
Ready to get started?
Give us a call to (800) 903-0061, shoot us an email to firstname.lastname@example.org, or come over and visit us for coffee.