FREQUENTLY ASKED QUESTIONS

Does Business Credit Even Really Exist?

Just as you have a credit file linked to your SSN, your business has a profile linked to its EIN. Experian, Equifax, and Dun & Bradstreet often start your profile when your business applies for a loan, credit card, or even when you setup basic utilities. From that point most credit you apply for won’t report to the business reporting agencies unless you apply for different types of credit in a particular order, or leave your SSN off of the application. Real business credit can be obtained with no SSN being supplied upon application. This credit doesn’t appear on your personal credit reports either. As you build your business credit your EIN profile and score then becomes essential to helping you qualify for bank loans and credit cards. And you can use EIN credit and EIN credit alone to get approved for many types of credit without a personal guarantee. Every Highly Successful Privately and Publicly owned company in the United States has Business Credit. But what many don’t know is that even startups can also obtain it. We have the right steps to help you succeed quickly! 

How Does Business Credit Really Work?

The first step is to ensure your Business is setup credibly so you meet Credit issuer and Lender standards, before you apply. Next you get real useable Credit through vendors. These vendors will give you Credit when you have no other EIN Credit Established. And they report this Credit to the Business reporting agencies. Within 60 days or less that Credit is reported to Experian, Equifax, or Dun & Bradstreet. Once reported, your EIN will then have an established Credit report and score. Using that report and score you can then continue to apply for more tiers of Credit where you can start getting access to revolving Credit at most stores, Credit that’s linked to your EIN and not your SSN and Credit that doesn’t require a personal guarantee or personal credit check for approval.You can continue to grow your credit to obtain Fleet Cards, Auto Vehicle Financing, and even Visa and MasterCard cash credit. And by having business credit established you’ll have a much better chance of getting loans, credit lines at better terms.  

What makes this system so different than other business credit building programs?

This is the only system in the world which successfully combines both business credit building and funding. This means clients can build their business credit and get money right away, if they have good credit or collateral they can secure money in less than 30 days.The suite is also the only system that shows business owners how to get free access to Experian Smart Business, and we help you get your D-U-N-S number with D&B, and list your phone number with 411 for free. This alone saves you thousands.The finance suite has more lending sources, revolving business credit accounts, and starter vendor accounts than any other system on the market today. And the finance suite is the only system with one-click access to business credibility sources, underwriting guidelines provided for all business credit sources, and by far is the most advanced business credit building technology available today.  

How much money can I really get through this system?

Clients can be approved for millions-of-dollars in funding through the system if they have equivalent collateral or financials.Even businesses new startup businesses with no collateral can obtain up to $250,000, not even including the vast amount of business credit that can be obtained. While businesses with collateral or cash flow can secure hundreds-of-thousands of dollars to millions-of-dollars depending on the value of the collateral.  

Can People with Bad Credit get money through the Finance suite?

 Building business credit correctly means there is rarely a credit check for business owners to qualify.  Yes, get a business credit card no social security number to guarantee it. This means all business owners, even those with bad credit, can benefit with the finance suite by building their business credit.If the business owner has credit challenges and also has some kind of collateral, they can also get funding along with business credit.Funding can be secured in as little as 30-60 days and most forms of acceptable collateral will qualify including credit card sales, inventory, equipment, receivables, even consistent revenue.And we have revenue-based funding programs where if a business owner can prove through bank statements that they have consistent revenue, they can be approved with a credit score as low as 500.  Yes, you can get a business loan with bad personal credit. 

Is there Financing Available so I can enroll in this Program?

We have partnered with the Top  Financing Companies in the Country to get you enrolled  in Northern Credit Solutions Program. The requirements are you must have a personal checking account with no overdraft charges in the last 30 days. You must make at least $1,000 per month income. If you meet these requirements you will be on your way to establishing your Business Credit and setting yourself up for maximum growth!