Revolving Credit - Wright Express

Wright Express offers a fleet fuel card for small business. Their website claims the card is accepted at over 90% of gas stations around the U.S. so it should be easy for you to find somewhere to use this card. It is possible to get credit accounts here without a personal guarantee.
Wright Express Small Business Credit

Uline Net30

Uline is a company that specializes in shipping supplies. Uline.com offers a net30 account of up to $1000 for new and existing customers.The link to Uline below has information from Uline and a link to the net30 application PDF file.

Visit Uline Net30 business credit FAQ page for more information.

Majestic Advertising Net30

Majestic Advertising is a printing company that supplies business cards and other printing needs for your company. They report to DNB and Experian and allow credit lines up to $5000. The website is Majestic Advertising

Seton Net30

Seton is a company that sells safety supplies, labels, and signs. Items from handicapped parking signs to wet floor warning signs. There is a $250 minimum order amount at Seton before they will report to your business credit file.

If your business requires safety supplies and signs for your business this is a great net30 account to start building your business credit. Some users have reported getting net10 terms which means the bill must be paid within 10 days.  Below is a coupon for your first order:

Revolving Credit - Target Business Credit Card

Target offers a Credit Card just for Businesses.  Opening a Target business account entitles the user to 5% off every time they use their card.

You can find their application here.

NewEgg Business Net30 Terms

From NewEgg's site:

Business customers have unique needs and requirements in order to do business. We at NeweggBusiness understand this. When you open a NeweggBusiness account we help you consolidate and minimize your business spending. In addition, you can order with confidence knowing that our top notch customer service is readily available for any questions you may have and that our cutting-edge logistics will get your orders processed and shipped lightning fast.

Whether you are a small business owner, CEO, teacher, independent contractor, or government employee, NeweggBusiness provides you with the tools to purchase everything you need quickly, easily and conveniently.

Net Terms Payment Option - shop now, pay in 30 days (upon approval). As an added bonus there’s no annual fee. To learn more about Net Term, or to apply, click here

Net30 - TechDepot

TechDepot is an off-shoot of Office Depot.  This company offers new companies Net30 Terms to purchase office equipment and electronics.

Business Credit Scores and Business Credit

Building business credit is similar to personal credit, the only difference are the players. There are three business credit reporting agencies, Dunn & Bradstreet, Experian for Business and Equifax for Business. Business credit reports contain the business address, EIN number, creditor information, public records and a record of the inquiries. New business owners will want to ensure each of the bureaus open a file on their company and the information contained in it is accurate and complete.


Read more at Suite101: Business Credit and Business Credit Scores http://business-financial-planning.suite101.com/article.cfm/business-credit-reports#ixzz0vPmBE1DZ

Quick Tip #1 - Incorporate and Gain a Year!

Dun and Bradstreet operate on a 'fiscal year' as far as their reporting.  It doesn't matter if a company incorporates in September or December - come January 1st it's one year old!

The Four Tiers of Business Credit

Building business credit is more than obtaining a DUNS number and filling out business credit applications. For business owners of new businesses knowing the different types of business credit available to small business owners and when to apply is even more essential to its financial success.

Read more at Suite101: The Four Tiers of Business Credit and the Personal Guarantee http://business-mortgages.suite101.com/article.cfm/the-four-tiers-of-business-credit-and-a-personal-guarantee#ixzz0vPoJUNca

How to Organize a Business to Establish Business Credit

Business credit, much like personal credit, takes time, patience and diligence to build. Although, timely payments are key to maintaining an excellent credit score, the first steps to building new small business credit are much more important and can be done prior to opening day.

Read more at Suite101: Organizing a Business to Establish Business Credit http://business-loans.suite101.com/article.cfm/organizing-a-business-to-establish-business-credit#ixzz0vPnJt6Cv

Initial Net30 Business Credit Accounts

Initial business credit accounts are usually Net30 accounts. Before going out and applying everywhere, think things through.  Building business credit, just like building personal credit is a slow process.  Applying to to many places at one time, may flag your business or even block your company for a period of time.

Find a few company's that offer products or services your company will actual use.  Call the company and ask for the new account manager.  Request information for opening up a new account for a new business and be sure to ask them what requirements are needed prior to applying for an account.  Some of these companies require that you be in a certain industry or your business meet certain criteria before being granted an account.  You will want to find this information out first before wasting your time and theirs.

Some easy Net30 companies:

• FedEx / Kinkos - FexEx Shipping and FedEx Office both offer accounts
• Quill Corp - Credit Department: 1-800-634-3090
• U-Line - Accounting Department: 1-800-295-5510
• Veripack - Billing Department: 1-800-225-8255
• Rapid Forms - Billing Department: 1-800-257-5287
• Reliable - Accounting Department: 1-800-359-5000
• UPS - May Require a Credit Card to Secure
• Grainger - Customer Service: 1-888-361-8649
• Interstate Battery - Online Application
• DHL - May Require a Credit Card to Secure
• Office Depot - Call 1-800-GO-DEPOT
• Gemplers - Billing Department: 1-800-382-8473
• Deluxe Checks - Customer Service: 1-800-328-0304
• Nebs - Customer Service 1-888-823-6327.
• Barnes and Noble - PO Department: 1-212-414-6000
• WearGuard / Aramark - Billing Department: 1-800-388-3300

Top 10 Free Business Listing Sites

There are several places on the web where you can get your business listed for free.  This serves several purposes:

• Establishes Web Presence
• Link Back to your Website
• Free Advertising

Some of these sites, such as MerchantCircle, give their members the ability to create a blog, coupons and merchandise listings for their products and services.  Many times these sites are free to join and it only takes 5-10 minutes to set up an account.  Other sites have collect information regularly from different sources and you must claim your business and correct the information  presented (it is rarely correct at first go). 

This month I will be exploring the many 'must be listed on' sites and creating a list at the bottom of this blog for quick reference.   Here are the top 10 Free Business Listing Site resources:

1. Yahoo Local Business Listings
2. Google Local Business Listing
3. FaceBook
4. MerchantCircle
5. Yelp 
6. Kudzu
7. Manta
8. InsiderPages
9. MojoPages
10. YellowBot