How to establish business credit

Discussion in 'Credit Talk' started by cap1sucks, Dec 20, 2008.

  1. cap1sucks

    cap1sucks Well-Known Member

    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.

    Click here for the full story
  2. apexcrsrv

    apexcrsrv Well-Known Member

    Good link Cap but, I think it should be said that most, if not all, viable business credit products require a personal guarantee. By extension, they require a personal credit review. Accordingly, don't by into the "get an 80 paydex" and you'll be golden mantra. It all reverts back to personal credit scores which is why at Apex Credit Services, LLC we simply tell people that and refuse to sell business credit services.

    A duns and experian report will build itself but, you need a good personal score in order to get it rolling.
  3. cap1sucks

    cap1sucks Well-Known Member

    The link was suggested in an RSS feed put out by Michelle Dunn, an ex-debt collector who quit the debt collection business to write books about debt collectors and how to run a debt collection business. She has a Yahoo egroup I subscribe to by RSS. She posted the link in her egroup. I thought it might be interesting to many in this forum.

    Glad to see that you spotted the mis-information and set us all straight.
  4. apexcrsrv

    apexcrsrv Well-Known Member

    Business credit operations are largely a scam but, then again, what isn't these days really. I mean we have all the credentials a credit service organization CAN have and if you search Apex Credit Services, LLC or Apex Credit Services you will find some bad information about us. They're lies and we've sued over them but, it's still there. I guess my point is that it's hard to discern the real from the fake and consumers need to be both diligent and intelligent when looking for these types of services. If it sounds to good to be true, it probably is unless the company can fully explain how they can do it. Also, not everything one reads on the internet is true. Anyone can post anything at anytime. Just be careful.
  5. cap1sucks

    cap1sucks Well-Known Member

    I just googled those two names and I found nothing negative with the sole exception of the one from and quite frankly I wouldn't believe a word put out by Ed Madgeson or anyone who would post anything on that forum. Many people would probably disagree with my assessment of Madgeson but not if they knew the man's shady past as well as I do. If that one negative is all anyone has against you I wouldn't be all that concerned if I were you. The positive listings far outweigh anything found on ripoff report.
  6. jairodlv

    jairodlv New Member

    Hi Cap1,

    That link is not available anymore. Do you have the document by any chance? I would appreciate it. Take care.


  7. pytyty

    pytyty New Member

    Hey guys this one is for a friend of mine whose personal credit cannot be any worst but he owns a business...
    Will he be able to establish a business credit line? CC or something?

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