Build Your Business Credit

You Don’t Have to Use Your Social Security Number To Establish Business Credit!

Yes, you read right! You don’t have to personally guarantee the credit application to get credit approvals under your enterprise. If you set up your business in the right way, you’ll get automatic approval from lenders for this type of credit. We can help you with the process!

Our Credit Consultants Will:

You’re probably aware that in order to build a FICO score, you require personal credit accounts. Similarly, to build a PAYDEX score, your business requires vendor accounts. The experienced credit repair experts at 007 Credit Agent will keep a close check on your credit history throughout the process and ensure you stay on the right path and obtain the financing you require for your enterprise.

Types of Business Credit You Can Get

With business credit cards, you’re generally allowed much higher limits compared to what you get with personal credit cards.

Don’t Let Poor Credit History Hinder Your Business’s Growth!

Whether it’s expanding an existing enterprise or setting up a new one, not everyone has the resources required to fully finance their business needs. To ensure that their growth is never hindered by financial restrictions, companies go for loans. However, there’s one major obstacle that stands between companies and loan procurement—and that’s their business credit score.
Similar to your personal credit score, a business credit score is the result of all the financial transactions your enterprise was ever a part of. It keeps track of how financially responsible a business is and is a primary factory used for determining a company’s creditworthiness.

However, considering the importance of a business credit score, it’s surprising that 72% of SMEs don’t know how to interpret their credit score. Consequently, they struggle to secure business loans and enhance their company’s value. If you’re in a similar predicament, reach out to our expert business credit advisors for assistance.

Here at 007 Credit Agent, we’re aware of the negative impact that delayed or insufficient funding can have on a business, and we’re always willing and available to help you prevent this crisis. We provide premium business credit repair consultancy services to enterprises in Fullerton to ensure they have a healthy credit score that makes it easier for them to obtain better loan terms, favorable payment periods, negotiation leverage, and better interest rates.

Our business credit repair services involve keeping a close check on your credit history so we can immediately catch inaccuracies and discrepancies, such as increased debt and missed payments that may harm your business’s credit history. We’ll help you stay on-schedule with your payments, so lenders have more faith in you and are more open to doing business with you.

Helping You Acquire Initial Trade Credit

We’ll also help you acquire initial trade credit by setting up meetings with potential lenders to help you strengthen your business credit reports. Moreover, to jumpstart your company’s progress, we’ll register your business with Equifax Commercial, Experian, and Dun and Bradstreet.

Furthermore, our innovative Business Credit Builder can help you obtain access to different forms of business credit, such as auto vehicle financing, cash credit, fleet credit, store credit to ensure smooth day-to-day operations for your enterprise.
Get in touch with our business credit consultants in Fullerton to learn more today!

Loans are a vital source of financing for businesses. Besides equity capital, visionaries and entrepreneurs seek credit opportunities that enable them to put their plans into action. They look to crowd-funding sites, microfinance institutions, and banks.

However, a business has to prove that it’s financially stable and responsible in order to obtain credit. Before extending business credit, all lenders first determine the creditworthiness of the borrowing company. The factors they take into consideration include a business’s credit repayment history and current credit score. Other deciding factors include business cash flow and collateral availability.

Helping You With All Aspects of Business Credit

Here at 007 Credit Agent, we delve into the finer details of business credit. Our business credit repair services focus on all business-credit related aspects. Nevertheless, to understand how our services work, you need to be aware of the prevalent problems that arise when handling business credit. They include:

  • Newly established businesses struggle to find favorable credit options. They don’t have sufficient credit history needed to qualify for business credit. Even if they succeed in securing loans, they get high-interest rates. Many businesses struggle to pay off these loans since profitability is generally low in the growth (early) stages of the business.
  • The large payments weaken the business financially. SMEs that have just started off often struggle to meet their operational expenses. When you add loan payments on top of that, many end up defaulting. This leads to a bad credit history, which impacts their credit score.
  • Insufficient cash flow is another factor that prevents enterprises from getting loans. Many lenders consider an inadequate cash flow as a major indicator that the company is in a poor state financially.
  • Lenders shy away from business ventures that don’t have a solid, detailed business plan. They become doubtful about the borrowing company’s future and the chances of getting their money back.
  • High number of credit applications makes the borrower look undecided and confused. This can be a major red flag for lenders.

The aforementioned problems make the intervention of experienced business credit consultants necessary. They use their expertise and experience to assist companies in enhancing their credit score and managing credit more efficiently. They will help business owners understand and interpret their credit reports and any potential issues that may arise, thus enabling them to handle their finances better in the future.

007 Credit Agent Provides a Diverse Range of Business Credit Services

Here at 007 Credit Agent, we’re well-versed with any and all types of business credit-related issues and offer our services to enterprises in all industries and of all scopes and sizes. Our services are geared to help businesses enhance their business credit history, get more favorable credit opportunities, and grow. The business credit services we offer can be broken down into three categories:

  • Credit monitoring
  • Credit repair
  • Credit building

Our credit repair experts ensure that our business clients are registered with major credit bureaus, such as Equifax Commercial, Business Experian, and Dun and Bradstreet, and that their profiles are active. They also ensure that the bureaus have accurate, up-to-date information about our clients. The bureaus use all the credit-related data to create business credit scores and reports. Therefore, our professionals put special emphasis on ensuring the data is accurate and authentic.

Helping Startups and New Businesses Build Initial Credit

As we mentioned, newly established businesses and startups struggle to find favorable credit opportunities. The lack of sufficient credit history makes the process even more difficult. From a business point of view, a newly established business comes under scrutiny in multiple scenarios. From investors to vendors, potential employees to suppliers, everyone assesses businesses before entering into an agreement or relationship with them.

Here at 007 Credit Agent, we enable enterprises to start off on the right foot by helping them obtain initial trade credit. We set up vendor accounts for our business clients and ensure these accounts report the correct payment history to the bureaus.

Many enterprises meet unexpected expenses and seasonal demand fluctuations. Consequently, their cash flow may also fluctuate. Revolving credit can be a great option in such scenarios, and here at 007 Credit Agent, we offer just that. It’s a flexible and convenient option and can help businesses meet operational expenses.  

The second segment of our service comprises credit repair. This is where we help our clients enhance their credit score. Our business credit specialist will negotiate with lenders on your behalf with a view to change or modify repayment plans so paying off loans is easier for you. Moreover, we also offer long-term credit solutions, such as debt consolidation, to help business credit management easier for companies.

Our highly experienced business credit consultants provide you with the assurance that your business activities are being watched by trained professionals who’ll take immediate steps to counter any threats that can impact your business relationships and credit score.

Setup Business Profile

When it comes to establishing business credit, the first step is setting up your business profile in the correct and proper manner. To do this, your enterprise should have the right business structure and proper licensing from the start. Since it takes time to establish a business, it’s best not to rush this process.

At this critical stage, our professional consultants will work to ensure that all your federal and state filings are congruent. All potential lenders will ascertain the date your business bank account was established. You should also be careful when selecting the name of your enterprise. It may surprise you to know that particular business names can get your applications for many banking products automatically denied.

007 Credit Agent provides a detailed list of requirements for automatic creditor and lender approval when you apply for any type of financing. Examples of these requirements include having a physical business address, having a business entity that’s active, open, and in good standing. Other important requirements include:

  • 411 National Directory Listing
  • A dedicated business phone number
  • DBA: All “doing business as” should be on all banking/federal/state records.
  • Creating a dedicated business bank account
  • Matching state filing (Federal EIN)
  • Business email and website

Net 30 Vendor Accounts

To start establishing business credit that’s separate from your personal credit report, you first need to setup business credit accounts with the major business credit bureaus. Payment history isn’t reported to the bureaus by most vendor accounts. Therefore, it’s important that you only use accounts that’ll help improve your business credit.

We’ll help you establish Net 30 vendor accounts that’ll report your payment history to all three business credit bureaus. These initial accounts will enable your company to get fleet and store credit.

  • Initial business credit application approvals without a personal guarantee.
  • Both existing and new business approvals
  • No business financials required
  • Net 30 terms for business accounts

Whether you utilize our Unsecured Business Financing program or build your initial business credit with our vendor accounts, you’ll have to get initial business scores and credit profiles established with Experian, Equifax, and D&B, so you can start acquiring high-limit revolving credit from cash and fleet sources, as well as stores – without a personal credit check or guarantee.

Net 30 Vendor Accounts

To start establishing business credit that’s separate from your personal credit report, you first need to setup business credit accounts with the major business credit bureaus. Payment history isn’t reported to the bureaus by most vendor accounts. Therefore, it’s important that you only use accounts that’ll help improve your business credit. We’ll help you establish Net 30 vendor accounts that’ll report your payment history to all three business credit bureaus. These initial accounts will enable your company to get fleet and store credit.
  • Initial business credit application approvals without a personal guarantee.
  • Both existing and new business approvals
  • No business financials required
  • Net 30 terms for business accounts
Whether you utilize our Unsecured Business Financing program or build your initial business credit with our vendor accounts, you’ll have to get initial business scores and credit profiles established with Experian, Equifax, and D&B, so you can start acquiring high-limit revolving credit from cash and fleet sources, as well as stores – without a personal credit check or guarantee.

Obtain Revolving Credit

Once you establish your initial business credit, you’ll find it easier to acquire high-limit revolving credit cards under your company name. These will be liked with your EIN number, and not your Social security Number. This type of business credit doesn’t require a personal guarantee or consumer credit check for approval. The types of credit you’ll be able to obtain include:

  • Store business credit
  • Fleet credit for auto vehicle repairs and fuel
  • Cash credit including MasterCard and Visa accounts
  • Motor vehicle financing

With our business credit builder enables you to acquire credit with places like Walmart, Amazon, and various other prominent retailers.

You’ll also be able to acquire revolving high-limit fleet credit cards which you can use for all your vehicular needs at multiple locations. Moreover, you’ll be able to secure high-limit CASH credit cards which you can virtually anywhere on the globe.
You can also gain approval for auto financing without any personal guarantee or credit check through our finance suite. You can finance multiple vehicle in your company’s name without any consumer credit reporting.

Excellent ☆ ☆ ☆ ☆ ☆

Based on 55+ reviews on Trustpilot