Saturday, September 1, 2012

Dun and Bradstreet Business Credit File

 Did you know that  a Financial Statement can be used to strategically build business credit. Business owners who are building business credit aren't aware of the important step early on in the process. In fact, submitting your financial statement to Dun & Bradstreet should be at the top of the list in terms of building business credit.





Many start out building business credit with out submitting financials to d&b, this in effect causes their company to get denied for credit. As a result, they're ask to pre pay orders before they can be approved for a net 30 account. Dun and Bradstreet uses the business financials along with other factors to give the company a rating. If you are looking to quickly build business credit then it would be advisable to submit those financials as soon as possible. Not submitting financials to d&b would delay the process of building business credit. You need to have a clear and complete business credit  file with Dun and Brad street to effectively get the desired results when building business credit.

Lenders and creditors alike will always check with Dun and Brad street to review your business credit file to gauge your company's financial experiences. Consult with your accountant to have financials prepared and  submitted to d&b.

 You can get more information about building business credit by clicking the link below. The business credit e-book will teach you how to build a fool proof business credit file.
http://www.tradebit.com/filedetail.php/126427810

Al,
Business Credit Consultant/ Enrolled Agent
alplouis@gmail.com
 https://twitter.com/alplouisea
http://www.alplouisea.blogspot.com

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