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ESTABLISHING BUSINESS CREDIT Establishing business credit is important and easy. By simply following a few basic steps your business can become eligible for millions of dollars in credit. The first
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Establishing business credit is the process of building a credit profile for your business separate from your personal credit.
Any business entity, such as a corporation or LLC, that wants to establish credit in its own name is required to file establishing business credit.
To fill out establishing business credit, you will need to provide information about your business, including its name, address, and tax ID number, as well as financial information such as revenue and number of employees.
The purpose of establishing business credit is to enable your business to access financing, trade credit, and other financial products based on its own creditworthiness.
The information reported on establishing business credit may include business financials, payment history, and any business credit accounts opened in the business's name.
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