Corporate Credit Program
The goal of our corporate credit program is to naturally develop a credit profile using the corporate Tax ID number rather than the owner's social security number. This separates our client's personal credit from their business credit. Developing a credit image for your business conserves cash and building a corporate credit profile can keep your company out of "no credit / high risk" and "high interest" categories, saving you money.
Our business credit program will establish your credit identity with multiple reporting agencies. This allows for more and more credit to be achieved as your enterprise grows. We position your business for leases and other items that you need. All of this reduces / eliminates the need for you, the business owner, to leverage your personal credit to run your business.
Each corporate credit program is put together so that business accounts can be established without personal guarantees, whereby you can obtain vehicle leases, credit lines and/or loans under your corporate Tax ID number.
Guaranteed Business Credit
Our credit program comes with a Money Back Guarantee that if you follow our instructions to the letter, your business will get credit, or your money back. Our clients can typically get $50,000 to $500,000 in credit for their business. Our job is to help you build a credit score so you can approach lenders to obtain loans. We are not a bank and, therefore cannot guarantee you any specific amount of money. Call today and ask about our guaranteed business credit program. Again, since we are not the lenders we do not guarantee the amounts the lenders will loan you, so the figures here are for example purposes only.
To discuss any Credit Program with a specialist, please call 800.830.1055 Toll Free or 661.253.3303 International Mon-Fri 7AM to 5PM Pacific Time.
Current Credit Programs
Choose from 3 levels of service, depending on your needs. Start out with our corporate credit profile program where you will be provided all of the tools and assistance with creating a credit profile for your business. For new businesses, we offer the same program with rapid filing of a corporation in your state of choice. If you're busy and would like all of this handled for you, we extend a complete credit service where our agents will prepare all of your applications and forms and you simply sign and mail them in, then our credit consultants will work with your business and our database of 1,000's of companies who are willing to grant you credit. Our list is comprised of businesses who understand our credit program and want to grant credit to our customers since they already know that you are investing in professional credit assistance for your business. As the leader in small business credit and business credit programs, Companies Incorporated can open this up to you, our valued customer. Call and speak to a professional corporate credit representative today.
Call today and find out how you can have true and separate business credit in just 4 to 6 months. Our credit counselors are available Mon-Fri 7AM to 5PM, Pacific Time. Call Toll Free 1.800.830.1055 or International at 1.661.253.3303.
The first step in building corporate credit with our program is to check business compliance. This all depends on what type of business you operate and where it is. These are Federal, State as well as local compliance requirements. You complete the welcome packet, perform the requested tasks, and provide the references as required. The compliance checklist can be anywhere from 250 to 1,000 points, making it impossible to provide any definitive list to our customers on our website. So, we will proceed once we have received your completed application.
Secondly, requirements that the credit bureaus have will be checked for you. Another checklist that depends on several factors related to your business. This is done for at least 6 credit bureaus, please see the list below of some of the agencies we work with.
- Experian Business™
Once we have completed your government and credit bureau compliance checks, we can start to list your business with the credit bureaus, which then starts the establishment of your new credit profile – separating your personal credit from your business. Being listed with the credit bureaus can take some businesses years and even those that have been around for a long time may still not be listed with any of the major business credit bureaus.
Once the credit bureaus know who you are, your credit profile can be developed. This starts by getting credit. Our consultants work with you and our database of thousands of companies who are willing to extend credit to your business. From furniture leases, retail credit cards, lines of credit with suppliers and service vendors to small business loans, by cooperating with your consultant you WILL receive credit from some of these companies, who then report to the credit bureaus.
For some of our corporate credit programs, you will work with a team of business coaches who will help set reasonable goals and give you action items to complete, as well as follow up with you to ensure progress. During this time, your financial statements will be reviewed so that all necessary documentation is ready to present when applying for credit with more companies.
We do offer an upgraded business credit program where almost all of the work is done for you. You simply sign applications and mail them in. All of the preparation and applications are completed for you and we do all the work!
The duration you have been in business is one of the primary factors here. However, we can build business credit on a newly formed company. If more business seasoning is desired we have a list of aged shelf corporations from which to choose. If you've been a sole proprietorship for 3 years and just incorporated, or haven't incorporated, the credit building program can work for you, however there are additional benefits that you should know about if you haven't yet incorporated, please ask our consultants to explain this. Most banks will scrutinize or deny newly formed entities without a corporate credit profile. Because the rating is controlled by the credit reporting agency(ies) and not by us we, naturally cannot always guarantee a favorable credit rating. We do our part but we do not guarantee the credit bureau's analysis. We also do not guarantee that an aged company will be interpreted by the credit bureau to have the same age as the filing date. Sometimes the credit bureau will report the age of the company as the new ownership date, the reinstatement date of the revival date. Because the time and expenses are incurred to build a credit profile regardless of how the credit bureau interprets the file, we do not issue a refund because the credit bureau did not interpret the data or give the report that you desire. When working with banks and seeking large lines of credit or loans, a business plan will be necessary, banks almost always need your business plan. We have a program that will assist you with this when its time.
Most of our clients report back over a 90% satisfaction rate with our business credit program. 4 to 6 months is typically how long it takes before true corporate credit profiles have been created, however, with your help, we can often complete the process in 2 to 4 weeks. You can enjoy all of the benefits of the program right away.
Companies Incorporated is the leader in small business credit and corporate credit programs. Call our specialists today at 800.830.1055 Toll Free or 661.253.3303 International.