When You Can't Afford Mistakes...

Launch Your LLC or Corporation with Confidence!
Ready to Launch?
We'd love to hear from you.

Nevada Corporate Planners, Inc. is a BBB Accredited Business. Click for the BBB Business Review of this Manufacturers Agents & Representatives in Las Vegas NV


D&B business directory





The 5 Simple Steps to Build Business Credit Fast

  1. Incorporate and establish a business credit card or debit card or secure credit card. The incorporating part is easy because we have done that for you. When you opened a bank account you should have received your business debit card. You may not have applied for a business credit card. The benefit of that is the debt will be linked to the EIN number of the LLC, not to your personal SSN. Even though the business credit card is personal guaranteed, the debt will not show up in your personal credit bureau which is huge. You need to know the banks criteria before you apply. Ask them what your personal credit score has to be and what personal credit bureau they pull your score from. Find out what your personal revolving debt levels need to be? If you have any major deragatories like a BK or foreclosure you will be automatically rejected by the banks. Finally, some banks will require that you are in business for one or two years before they will let you apply for a business credit card! I know that sounds crazy. It is 95% based upon you person credit score anyway. You may want to show around and ask different banks what the options may be. Not all banks require you to open a bank account to apply for a business credit card. Here is another resource for many different types of business credit cards: www.creditcards.com
  2. Build the business credit profiles in the business credit bureaus. Dun & Bradstreet® requires you to pay their fee to build your profile. The fee starts at $69.00 per month (plus they have other services to montitor your credit which we recommend). Caution: You must make sure your entity is in compliance before you build the profile. That includes have a separate business phone number, a 411 listing, a business license, a real email (not a free one) and list of officers/managers filed with the Secretary of State's office. Everything to prove the entity is a separate legal operating business. If you make an error in the compliance area and the file is built, the entity may be "red flagged" and very difficult to fix or update. Corporate Experian® and Corporate Equifax® are built when vendors start reporting.
  3. Find vendors that report. There are over 50,000 vendors that grant vendor lines of credit and only less than 10% report to the business credit bureaus. Vendors like Office Max®, Home Depot® and Staples® will report. The reporting is what builds the business credit profiles.
  4. Use the vendor accounts and pay the bills on time. Once you open the vendor account you have to use the vendor credit whether a gas card or office supply credit card. When you receive the bill make sure you pay it within the terms that were provided. This may sound simple, but so many do not implement the tools once they have them in place!
  5. Focus on business revenues.gives you more options. Once the foundation is build properly the goal is to build the revenues in your business. That will give you opportunities after 9 months to one year for cash financing in the forms of a merchant account cash advance (on credit card sales) a cash advance on overall sales, equipment financing, an SBA loan and after one year perhaps an unsecured lined of credit. The only one that may provide financing up front with no revenues is an SBA loan. Typically, your personal credit score has to be over 680 with no major derogatories, a 2 year business, plan, your resume to see if you have experience in the field you selected and your business may see some results with the SBA. Crowd funding and micro lending are other popular options when it comes to receive money to grow your business.

The Massive Benefits to Build a Business Credit Asset Fast to Your Business!

In today’s competitive marketplace, the more creditable your entity appears to others, including leads, clients, vendors and joint venture partners, the more profits your business will generate. We realize that accessing more clients and customers to grow your business is critical. The challenge is: you may be losing business for reasons you have not considered.

Does your business look CREDITABLE when someone checks it out? Does anything show up, or very little, at the business credit bureaus, including Dun & Bradstreet®, Business Experian® and Business Equifax®? Even if you have had your business for 5, 10 or 14 years, the odds may be your business still does not look creditable. Find out for yourself and check out your own company for FREE.

Your company will appear financially naked to vendors, banks, joint ventures partners… if you have 2 or less trade lines of credit reporting to your company. Go to the URLs below to check out your company now:

Business Experian®: Go to: http://budurl.com/BizCheck1 Business Equifax®: Go to: http://budurl.com/BizCheck2 Let me ask you this question: How did your business score? If the entity applied for business credit, whether vendor or cash lines of credit, would it get accepted or rejected? Do you know the items to have in place before you should ever do that?

 There are several factors that come into play both on the personal and business side to determine the likelihood that your entity will be fundable now or in the future. Perhaps you are risking too much of your personal credit on your business. There is a way to minimize that risk.

Here are the Major Criteria to Help you Determine if your Business is Fundable:


  • Your personal credit score in all three bureaus
  • Any major derogatories like a bankruptcy (that has not charged off) or foreclosure
  • Your revolving debt ratio
  • Investments in retirement accounts


  • How many years in business (the LLC or corporation)
  • Annual gross sales for the business
  • Annual profits for the business
  • A business plan
  • Financials
  • Monthly VISA/MASTERD CARD SALES enables the business owner to create a financial choices


  • Collateral
  • A personal guarantee vs. a personal credit check
  • Your revolving debt ratio
  • Partners in the business
  • U.S. owners vs. foreign owners
  • Any accounts receivable
  • Equipment paid for
  • Dun & Bradstreet® business credit score & rating
  • Business Experian® business credit score & rating
  • Business Equifax® business credit score & rating

The next step is the evaluation of the factors that pertain to you and your business to determine how fundable your business is at this time. If your business is very fundable, the next step is to determine what types of funding would be best in your situation to sustain or grow your business. If your business is NOT fundable currently, the next step is to determine what has to happen, and in what ti me frame, in order for your business to become more FUNDABLE.

The business credit education, service and coaching marketplace is driven by the ever-increasing demand of small business owners who need access to funding and credit sources outside of their personal network. Often a business in its start-up and growth stages exhaust the availability of personally guaranteed credit based on their personal credit score. Once that personal credit is exhausted out, the business owner has little or no access to alternative funding sources. The result is over 95% of small businesses fail in their first five years.

Separating personal credit from business credit eliminates one of the several critical errors a business owner can make which results in the "piercing of the corporate veil's limited liability." When a business owner intermixes personal and business credit, their personal assets are potentially at risk in the case of litigation - all the more reason why business credit asset development is crucial for every small business.

A Business Credit AssetT enables the business owner to create a financial capitalization asset that can be transferred with the business, in an exit for example.

Five More Reasons Why Every Business Owner Needs Business Credit:

  1. Access to funding and managing cash flow is the single biggest concern for business owners. By establishing and building a Business Credit Asset™, businesses can access new funding sources to ensure positive cash flow.

  2. Secure new financing options. A strong business credit file can be the difference between receiving funds or not. Approval for most small business loan decisions under $90,000 happens automatically, oft en relying on one thing - your business credit file and score.

  3. Get the best credit terms. Your business credit score will likely result in better credit card and loan interest rates. For businesses with weak credit scores, banks and lending institutions may increase loan interest rates from 7%-12% and credit card interest rates from 8% to 18%.

  4. Reduce your expenses. Building a business Credit Asset can improve cash flow by reducing:

    • Financing Costs
    • Insurance Premiums
    • Rental Terms
    • Credit Card Rates
    • Vendor and Supplier Terms
  5. Peace of mind. Protect your personal assets and reduce your personal liability by creating a separate corporate entity and business credit. Establishing your business credit asset only strengthens this liability protection.

There are so many benefits to develop a business credit asset for your short and long term growth of your business. The key is to have a system to simply the process for you. Call NCP at 1-800-351-5111 to learn how we can help your business develop a business credit asset fast and create more JV opportunities with our Ultimate Business Credit Builder System for your business!

Home|About NCP|Testimonials
|Facts|Why Nevada?|Services
Contact NCP|Top 10| Privacy Policy|NCP's Policy


Incorporate Now

Follow NCP

FacebookTwitterGoogle Plus

1997 - 2016 © Nevada Corporate Planners, Inc. All Rights Reserved.