Get Business Credit for Your EIN that’s Not Linked to Your SSN
To run and build your successful business, you need to qualify for loans and credit lines at the best loan rates possible. Business credit is essential to make this happen, and it helps you access money even when you can’t qualify for a loan.
Major Business Credit Will:
- Setup your business to meet lender and credit issuer credibility standards to get automated approvals
- Setup and activate your credit profile with Dun & Bradstreet, Experian, and Equifax Commercial and get your free D-U-N-S number (which is essential to building great business credit)
- Get initial trade credit to build your business credit reports with no personal credit check
- Get business credit without a consumer credit check or personal guarantee
Major Business Credit helps you get your business set up the right way to meet lender and credit issuer approval requirements, and get approved for initial business credit that reports and builds your profile with Dun & Bradstreet, Experian, and Equifax Commercial.
You can also monitor your business credit reports and scores in real-time with our Dun & Bradstreet and Experian monitoring integration, powered by Nav.
Once you are setup with the business reporting agencies, we help you access multiple revolving credit with limits of $5,000 – $50,000!
Major Business Credit Will Set Up:
- Store business credit with Dell, Apple, Walmart, Amazon, Costco, Sam’s Club, BP, Chevron, Home Depot, Lowes, Staples, Office Depot, Ikea, and with most other major retailers
- Fleet credit for fuel and auto vehicle repairs for your primary vehicle, and a fleet of commercial vehicles
- Cash credit including Visa and MasterCard accounts you can use in most locations worldwide
- Auto vehicle financing to purchase or lease your primary vehicle or a fleet of vehicles, in your business name
OUR PASSION FOR BUSINESS
We are dedicated to helping entrepreneurs obtain business credit, loans, and credit lines to start and grow whether you’re a new startup business, existing business, or have good or bad personal credit.We help you with all aspects of setting up a credible business and building your business credit profile and score as you get credit for your EIN that’s not linked to your SSN without a personal credit check or guarantee.Plus, we help you access loans and credit lines through our vast network of lenders and investors. This money is lent based on your business strengths unlike with conventional bank financing. This makes it easier to get approved even when the big banks say “no”.
Advantage of Having Business Credit
Just by building a business credit profile you will be able to limit the use of your personal guarantee and build business credit regardless of your personal credit history.
You will have more cash for the business. Convenience in purchasing. Protection of your personal assets from that of the business. Limit your personal liability from the business. No need for personal credit checks. Purchase vehicles with no personal guarantees. Purchase equipment, computers and more with your business credit. Preparing your business for future lending needs
Separating You From Your Business
You can separate your personal liability and protect your personal assets from that of the business just by incorporating. It is possible to build a business credit profile for a sole proprietorship or partnership however you are still responsible for all the debts of the company. We recommend building your business credit as a corporation or limited liability company. Other advantages of a corporation are: Separates you from your business. Limited liability of the owners and officers. Lower tax liability. 100% tax deductible insurance. Reimburse 100% of medical expenses. Corporate image. Raise capital and build credit faster. Lower your audit risk as a small corporation. Stock ownership - easier to transfer assets. Protect Your Personal Assets.
How to Establish Business Credit
To run and build your successful business, you need to qualify for loans and credit lines at the best loan rates possible. Business credit is essential to make this happen, and it helps you access money even when you can’t qualify for a loan.The Major Business Credit Team helps you build your business credit (that’s not linked to your SSN) step by step using a proven, field tested, business owner approved, and highly personalized process.
Major Business Credit Helps You:
- Setup your business to meet lender and credit issuer credibility standards to get automated approvals
- Setup and activate your credit profile with Dun & Bradstreet, Experian, and Equifax Commercial and get your free D-U-N-S number (which is essential to building great business credit)
- Get initial trade credit to build your business credit reports with no personal credit check
- Access up to $150,000 in unsecured credit with 0% rates that you can secure even as a startup
Major Business Credit helps you get your business set up the right way to meet lender and credit issuer approval requirements, and get approved for initial business credit that reports and builds your profile with Dun & Bradstreet, Experian, and Equifax Commercial.You can also monitor your business credit reports and scores in real-time with our Dun & Bradstreet and Experian monitoring integration, powered by Nav.Once you are setup with the business reporting agencies, we help you access multiple revolving credit with limits of $5,000 – $50,000!
Types of Credit We Help You Access:
- Store business credit with Dell, Apple, Walmart, Amazon, Costco, Sam’s Club, BP, Chevron, Home Depot, Lowes, Staples, Office Depot, Ikea, and with most other major retailers
- Fleet credit for fuel and auto vehicle repairs for your primary vehicle, and a fleet of commercial vehicles
- Cash credit including Visa and MasterCard accounts you can use in most locations worldwide
- Auto vehicle financing to purchase or lease your primary vehicle or a fleet of vehicles, in your business name
At Major Business Credit, we provide you the greatest access to real useable, no-personal-guarantee credit through our revolutionary Business Credit Builder. This gives you the money you need to run your business, expand, and to make your company more profitable and productive so that you have the money you need and the time to enjoy it.
BUSINESS CREDIT AGENCIES
There are two main business credit reporting agencies in the United States that lenders and financial institutions rely on for information to grant credit. The two credit agencies are D&B ® and Experian Business.
D&B ®
- Over 150 million businesses are registered with D&B ®
- The credit profile created by D&B ® uses information provided by the business owners and vendors of the business
- Grants a PAYDEX score to businesses based on payment experiences of the business
- Issues a DUNS Rating based on the financial statements of the business
- Has a High Risk status for company's that will destroy a company's ability to obtain credit
Experian Business
- Over 14 million businesses are registered with Experian
- The credit profile created by Experian uses information provided by vendors only
- Grants an Intelliscore based on payment experiences
- Is one of the three largest personal credit bureaus
Business Credit Scores
The business credit scores with D&B ® and Experian are what the lenders and financial institutions look for to determine credit.
PAYDEX Score*
- Score ranges from 0 to 100
- A score of 75+ is good
- Based on payment experiences reported by vendors
- Need 5 trade references who report to D&B ®
Intelliscore
- Score ranges from 0 to 100
- A score of 75+ is good
- Based on payment experiences reported by vendors
- Need 2 trade references who report to Experian
DUNS Rating*
- Various rating schedules
- Based on employee size and financial statements
- Also takes into account payment history
- Major Business Credit
Our service will prepare your business to obtain credit, loans or leases.
The Goal of the program:
- All lenders and credit bureau requirements of a business will be reviewed and put in place
- Create a new credit profile without creating a new identity
- Save money by bettering your credit score and lowering interest rates
- Obtain a favorable Credit Score of 75+* based on your companies payment experiences
- Assistance in obtaining a Credit Rating
- Assist in developing a credit profile
- Provide a list of companies that will extend credit with no personal guarantee and previous credit history and will report all payment experiences to credit bureaus
- We will open up credit card, vendors, banks, lenders and more
- Apply for 3-5 business retail credit cards with no personal guarantees
- Provide resources for vehicle leases, equipment financing or loans under the corporation's name
- To keep your business out of the No Credit, High Risk status
The Major Business Corporate Credit Program
The steps your business will go through with the service is:
- Investigate the business to determine if any "High Risk" areas need to be looked at
- Apply for and obtain a credit profile
- Correctly navigate the 5 exact steps to building your credit profile properly
- Make sure that you avoid all the common mistakes that get companies "red-flagged"
- Provide vendors and get them to report to the credit bureaus
- Provide list of companies that offer products and services on credit without the need for a personal guarantee or any previous credit history, and also report payment experiences to build the profile.
- Assist clients in developing Credit Scores of 75* or better based on payment history with trade references
- Apply for 3-5 new retail business credit cards that do not require a personal guarantee
- Work our way through to Step 5 and advanced No PG Approvals
- Give you the latest banking resources for both good personal credit and no PG situations
- The countries most aggressive real-world recession lenders
- Second level lenders and line of credit grantors
- Every known non personally guaranteed business credit card in existence in the USA
- Assist with establishing a Credit rating based on company financials
- Assist in finding financing and additional credit required by your business
- Process takes only 90 - 120 days to complete
- MBC works with you and your company throughout the Credit Building process
- Weekly Status Updates from your Business Credit Technician
- Access to a wealth of knowledge and your technician at anytime during business hours
- Personal Access to our Founder once your credit file is strong enough to be approved for Today's no PG solutions (Toyota, Rolls, Bentley, Equipment, Property?)
- Email Newsletter bi-monthly
- Process reports bi-monthly mailer.
COVID-19 RELIEF LOANS
The coolest part of the program is that we can lend even if the merchant is shut down or has little to no cash flow. Basically we’ll assess their cash flow before the whole COVID-19 thing. The program lends up to $2,000,000 at 4% per month with the first 12 months interest only and the second 12 months regular principal and interest payments (amortized over 48 months to keep the payments reasonable in month 13). When the loan closes, WBL collects the first 3 months of payments so the merchant won’t have another payment until month 4. To qualify, the merchant has to put up real estate as collateral…just about any property will do. If WBL is in first lien position, we can lend up to 70% of a residential property’s value or 65% of a commercial property. If WBL is in a junior lien position, then we can lend <65% CLTV. Everything is subject to the underwriter’s discretion.