Using personal credit for one's business is risky. Here are two main reasons. 1.) Individual business owners or officers of a corporation might end up lowering their personal credit rating. This rating is based upon a number of factors including available credit, amount of debt and payment history. 2.) If the business defaults on its loans, the individuals who originally signed to secure the loan are held personally liable.

United Business Credit can show you how to keep your personal credit intact.

Even if you are a start-up company, United Business Credit Program can separate your personal credit from your business credit, but building business credit takes time.

Older, mature businesses have more credit options than new one start-up businesses, but this doesn't mean that it's impossible for a new business to obtain business credit without personal guarantees. This is where United Business Credit can be invaluable as we guide you through the steps needed to establish your business credit and to make good use of small business loans.

And here's the good news. Whereas it normally takes from three to four years to build business credit, we can help you accomplish this goal in ONLY 6 to 9 months!

How Can I Start Building My Business Credit?

The foundation of business credit is vendors with whom you have established good credit. This may include business lines of credit, business credit cards and other types of small business loans. Ideally, your business should have business credit accounts with at least five different vendors who will report favorably about your business to Dun & Bradstreet (D & B), one of the most respected business credit reporting agencies in the United States. By doing so, these vendors are effectively building your business credit.

Our United Business Credit Program can help you get these much needed trade references reports from vendors to D & B.

What Happens When Lenders Check My D & B Report?

The first thing most lenders will look for on your D & B report will be your Paydex score, which is a numerical value from 1 to 100, representing your business's credit standing. This Paydex score depends upon your trade references' reports. The higher the score, the better. Generally speaking, you want to aim for a score of 75 or more.

What Types of Credit Can United Business Help My Company Establish?

The type of credit we can get for your business largely depends upon your needs, but here are some typical examples to give you an idea about the range of possible credit: business credit cards such as Platinum, gasoline or even department store credit cards; single auto or small fleet leases; business lines of credit for expenses such as printing, advertising or technology. In short, we can help you with almost any kind of small business financing and small business loans. Our business is to help you establish business credit.