D & B is or isnt important for a company starting up?

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D & B is or isn’t important for a company starting up?

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William

posts: 97

Oct 20, 2006 2:34 PM ET Quote Report Abuse

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I completely understand. Thank you for the clarification. Is it Steve, William or Bill

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RaiseCapital01

posts: 139

Nov 10, 2006 6:23 PM ET Quote Report Abuse

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Thank you all for your input. I think for my business I will go ahead and pay the monies before I open my doors. I know that banks, and some wholesalers will not give credit without prior D & B information. I would rather be a bit safe then sorry in the end.

It is a great idea to have D&B report. You could do a lot with it because it helps your business credit ratings. When we talked to manufacturers before, we had to build up a D & B report.

jwmoore78

posts: 22

Oct 13, 2008 8:46 AM ET Quote Report Abuse

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D&B is very important if you do not want to have to personally guarantee your business loans. I would start working on building a strong business credit score, first, then go after some financing.

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