How do i establish business credit with my tax id # ?
Oct 26, 2009
in
Business Line Of Credit
I have had my business for over 2 years and still cant figure out how to open a line of credit with just my tax id. Most companys want my social to use with it but my personal credit is not the best. Any suggestions on how to get business credit started ? Thanks,
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2 comments
greatdeals209 on October 26, 2009 at 2:38 am
You need to read this free guide on business credit, it explains all the details.
http://www.explodebizcredit.com/
queen on October 26, 2009 at 2:38 am
Unless you’re a corporation, you’ll probably have to supply both an employer ID and your social security number.
Even if you are incorporated, you’ll probably be asked for a personal guarantee which involves your social security number.
Have you tried the bank where you have your business checking account? That’s where I would start.
It’s not easy establishing business credit…been there.
Good luck!