Easiest business credit cards?????

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Jan. 30 2007 at 8:07 PM
Posted by: streamland “Quote Reply
whats the easiest business credit card to get????? also whats one that will not ask me for MY ssn number???????
Jan. 30 2007 at 9:19 PM
Posted by: ujeans “Quote Reply
Most of them will ask you for the SSN/SIN (SIN - Social Insurance Number in Canada). Try Capital One's Small Business Card. Daniel the Denim Doctor
Jan. 31 2007 at 12:55 PM
Posted by: Raisecapital02 “Quote Reply
If you do not live in Canada, how is this possible? The easiest lines of credit with a business account is Staples. Raise Capital in 90 Days Online Fundraiser 1.0 is helping Entrepreneurs Raise Capital!
Feb. 02 2007 at 1:51 PM
Posted by: streamland “Quote Reply
Raisecapital02 wrote: If you do not live in Canada, how is this possible? The easiest lines of credit with a business account is Staples. yea, i have staples already ... but i have a list of things that was also suppose to be easy to get but it seems like they are also making it harder for you to start credit.... any other places that may be easy to get
Feb. 09 2007 at 11:17 AM
Posted by: Raisecapital02 “Quote Reply
I found this online from another forum that I think can help many people. Establishing business credit is tough, especially for a new business. But remember: It CAN be done, and it's easier than you think. Follow these steps, and you'll be on your way to an excellent credit profile. Here is what I have learned: ~Set up a Corp business. Smart to protect yourself and the only type of business that allows you to keep your business credit and personal credit seperate. LLCs and Sole are okay for contract work or property investment, but you still should get a Corp to manage them. ~Once you get your EIN, through registrastion, set up your business phone. You will need to make sure it is at an address not the same as your home (because it is not looked upon favorably by the lending world) and the phone will need to be registered in the 411 directory. Quite a few have had success with calling the local phone company and getting a call forwarding number. It is a business number that automatically forwards to any desired phone. Make sure it will list with 411 before signing up however. ~After receiving your first phone bill, go to www.staples.com and fax in copy of application along with copy of phone bill to apply for business credit. Use professional letterhead for coversheet. You should receive the standard $750 credit line with no personal guarentee (herein referred to as "PG"). ~Also during this time go to www.dnb.com and register your business to receive a D&B number. It will take 30-40 days to receive it in the mail. If you want to establish business credit sooner, you can pay for the credit builder ($399), but it's not required. After you have at least 5 business accounts reporting, you'll receive a paydex rating (similiar to FICO for personal credit). REMEMBER - a paydex score will only take into account your payment history. Unlike personal credit, this is counted in days. For example, if you pay your invoices 14 days late, it will be reported as such. If you pay your account off before the statement or invoice comes, it will be reported as such. The bottom line: Pay your invoices on time, and you will get a better paydex score. ~Set up the following business accounts, and make at least one purchase, you want to pay this off BEFORE the first statement hits: 1. UPS - www.ups.com 2. FedEx CONTACT Revenue Services Department 1-800-622-1147 press 4 then 1 3. Barnes & Noble CONTACT Purchase order department 1-212-414-6000 4. Quill Corporation 100 So Schelter Lincolnshire, IL 60069 CONTACT Credit Department 1-800-634-3090 5. Viking 8200 East 32nd St No. Wichitas, KS 67226 CONTACT Credit Department 1-888-454-5457 6. Rapid Forms 301 Grove Rd Thorofare, NJ 08086 CONTACT Billing Departement 1-800-257-5287 7. Nebs - www.nebs.com 11. Office Depot www.officedepot.com Apply online (- Really easy to get) ~Need a cell phone? Once you have a EIN and D&B# apply for a business account. Usually T-Mobile is the easiest to get credit with, but I've heard that Sprint, cingular, and Verizon are easy to get as well. Nextel? Good phone, but you have to jump through a lot of hoops, and you usually have to put down a deposit. ~If you have at least 30-45 days to use, the following companies automatically report to D&B creating your business file: -FedEx -UPS -Staples -Viking -Nebs -Office Depot ~Once you have a paydex score of 75+, you can apply for Lines of Credit (herein referred to as "LOC") or business Credit Cards without any sort of PG. The cards/accounts desired are: Enterprise Rent a Car (Corp. Rental) www.enterprise.com Wells Fargo Bank (Visa/Mastercard) www.wellsfargo.com Bank of America (Visa) www.bankofamerica.com American Express (Green/Gold) www.americanexpress.com Chevron www.chevron.com Mobil www.mobil.com MBNA Bank www.mbna.com Wells Fargo (Line of Credit) www.wellsfargo.com Bank of America (Line of Credit) www.bankofamerica.com Union Bank (Line of Credit) www.unionbank.com Cal Fed www.calfed.com United California Bank www.unitedcalbank.com Most companies will not ask to see financials for loans of 50k or less. I hope this helps, and I wish the best of luck to you in your pursuit of credit Best Buy - Status; 1-800-811-7276 Borders (734) 477-1039 - Fax Application (877) 254-9229 - Status Update BP/Amoco Status Update (800)365-6204 Chevron/Texaco Business Card Status Update (888) 243-8358 Citgo Fleet; (734) 477-1039 - Fax Application (877) 254-9229 - Status Update Citi AA: 888-662-7759 Citibank Status:800-645-7240, 800-288-4653, 800-750-7453 Conoco - Status Line, automated 1-866-289-5622 Experian Business:888-211-0728 ExxonMobil Business Card(800) 903-9966 HD Commercial800-685-6691 HDMC Sondee 877-969-9030. Home Depot MC:877-969-9039 (Sondee/Sedonia?) Key Bank:800-254-2737 Lowes - Status; 1-800-445-6937 Lowes - Underwriter;1-866-232-7443 Lowes Fraud/UW: 800-444-1408 MBNA - 1-800-673-1044 Meijers MC (801) 517-5560 Office Depot - Staus Line, automated 1-800-767-1358 Office Depot;800-767-1358, 800-729-7744 automated line to check status. Office Max - Status Line, atomated 1-800-283-7674 OFFICEMAX STATUS: (800) 283-7674 Philips 66: 866-289-5630, 800-610-1961 Phillips 801-779-7369 Radio Shack;1-800-442-7221 Sam's UW:800-301-5546, 866-246-4282 Sears - Status; 1-800-599-9710 Shell Fleet Card Status Update(800) 223-3296 Shell: 800-223-3296, 866-438-7435 Shell; 800-377-5150 Staples - Status Line, automated 1-800-767-1275 Staples: 800-767-1291, 800-282-5316 Sunoco Corporate Card(800) 935-3387,(800) 278-6626 Sunoco: 800-310-4773 Target: 800-440-5317 Tiffany:800-770-0800 VALERO (800)324-8464 ACCOUNT STATUS Valero;1-877-882-5376 Walmart;800-301-5546, underwriting 877-294-7548 Wright Express; 888-743-3893 These links will take you to the application page, or a page that has the application link on it. • Amazon.com - www.amazon.com • Best Buy - www.bestbuy.com - www.bestbuybusiness.com • Citgo Fleet - www.citgo.com • Conoco / Phillips 66 / 76 - www.conoco.com • Dell Computers - www.dell.com • FedEx / Kinkos - www.fedexkinkos.com • Home Depot - www.homedepot.com • HD Expo - www.expo.com • Home Depot Master Card - www.homedepot.com • Lowes Commercial - www.lowes.com • Nebs.com - www.nebs.com • Office Depot - www.officedepot.com • Office Max - www.officemax.com • Quill.com - www.quill.com • Rapid Fuel - www.rapidfuel.com • Shell Fleet - www.shell.com • Staples - www.staples.com • Sunoco Corporate - www.sunoco.com • TechDepot - www.tectdepot.com • TigerDirect - www.tigerdirect.com • Uline - www.uline.com • Wright Express - www.wrightexpress.com Raise Capital in 90 Days Online Fundraiser 1.0 is helping Entrepreneurs Raise Capital!
Feb. 27 2007 at 2:52 PM
Posted by: bthomd “Quote Reply
Capital One is one of the easier credit cards to get and it is available in the United States and Canada! RC, Awesome bit of information you've added there, thanks very much for that. It's a good resource. Streamland, I see what RC is getting at. Credit cards can be one of the more difficult credit products to be approved for. If you set up other lines of credit with service and product suppliers, that will be sure to report your account activivties, it will become incresingly easier to build your credit rating over time. And really not that much time either. These companies are a little more lienient with lines of credit because they are looking to hook you in as a long term customer (your business would actually be the customer), and they know that by giving you a line of credit for what they sell only, you will be sure to shop there. Ciao Edited by: bthomd - Feb. 27 2007 at 3:02 PMBrian Davis, Partner Torngat Security Ltd.
Mar. 05 2007 at 12:00 PM
Posted by: nhgnikole “Quote Reply
I have a business checking account with Washington Mutual as well as my personal accounts with them. They gave me a business line of credit. They offered it to me when I went in to deposit a check. It took 5 minutes and the card came in a few weeks. * Bad Habits * A True "Lifestyle Business" (from Small Business Essentials) writing \| marketing \| web: NHG Consulting
Mar. 14 2007 at 2:37 PM
Posted by: leespizzahouse “Quote Reply
Excellent Information. Have anyone actually went this route and receive a cash line of credit from a bank (not credit cards) ? I am working with a company that is suppose to be doing all the steps describe above to get my new restaurant funded.
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