Monday, July 16, 2012

Your Business Credit information

There are a lot of small business owners that don't understand the importance of having accurate information reporting on their business credit files. Having the wrong information reporting can cause your credit application to get denied by the business credit bureaus. The business credit e-book teaches you how to build a solid business credit file. Here are a few things that you will learn from the business credit e-book.


1. The correct business name
Not having the correct spelling of your business credit information listed on your Business credit file can cause you to have a duplicate file. This is simply when the credit bureau have 2 different files for the business. If a lender tried to view your business credit file it would have difficult time trying to distinguish which file is the more accurate one.This sort of confusion would result in a denied application or they may request more information before moving forward with your application.

2.Telephone number
The business telephone number must be accurate and listed. Lenders will use the 411 directory to verify certain business information based off of the number listed on the business credit file. Make sure that the right number is listed and is a working number. Some lenders will call the number listed to verify the business information. A non-working number or incorrect number could hurt your chances of getting approved for business credit.

3.Business location address.
Businesses have multiple business locations or satellite offices. It is very important that the principal address of the business is listed and it must be verifiable. You may have moved from one location to the next and failed to notify or update the business information with the credit bureaus. This could have a negative impact when you apply for business credit. You want to make sure the current address is on the business credit file.

These are just a few details that a small business owner needs to understand when building business credit. Your business credit file must be fool proof. That means, your file must look complete with all the necessary business credit information that any lender would look for in a company. The business credit e-book will show you how to build a fool proof business credit file so that you can obtain the financing you need to invest in your business.

Pick up your copy of the business credit e-book today by visiting
http://www.tradebit.com/filedetail.php/126427810 

Al,
Business Credit Consultant
 https://twitter.com/alplouisea
alplouis@gmail.com

http://www.tradebit.com/filedetail.php/126427810


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