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How does a small business report to a credit agency?


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Answered 2006-09-14 02:46:04

If I were a small biz... I would go to Google and search for Experian, Trans-Union, and whatever that other credit reporting agency is, or just search for credit reporting agencies, go to their websites and look for info on how to report.

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As a small business how do you report bad payment history?

Small businesses should report bad payment history to a business credit reporting agency. A few of the key business credit reporting agencies are Dun & Bradstreet, Experian and Equifax.


What would one find at the Free Credit Report website?

At a Free Credit Report website one can find: personal services, business products and services, small businesses, like checking business credit, verify the accuracy of one's credit, credit report and score.


Where do you go to register your small business with the credit bureau to start establishing business credit?

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Can you as a small business owner report a non paying customer to a credit bureau and if so what is required?

You have not stated where your business is.Different States, Provinces and Countries have different rules.In General:You must be able to prove the debt as valid, if you report and can't prove the debt you will be in legal trouble.Call the credit reporting agency, they will help you with how to report.If you need to figure out who to call ask your bank. They will have the #.


Do you know how much the charge is for an eperian credit report?

There is no such thing as an eperian credit report. Perhaps you meant Experian Credit Report? In that case, it depends on what kind of service (personal, enterprise, small business, credit education) you are seeking. Currently, to get your own credit report, it costs $1.


Where can one view their Experian Business Credit report?

The Experian Business Check allows you to instantly check a company or a director credit report online. It's not a free service however so you have to be prepared to pay a small fee to use the report service.


What are the downfalls in using a small business credit card?

Many credit card companies will require that the credit card be guaranteed by the business owner. This means that the credit card would show up on the business owner’s credit report. This might pose a problem if you get into substantial debt.


What government agency regulates small business loans?

The government agency that regulates small business loans is the United States Small Business Association. There is a large network in place to assist in all areas of small business.


Can you establish credit for your new business by using one of the credit cards you already have and adding the business onto it like one would add an authorized user?

Yes, if you are one of the owners, or sole owner of the company. One other way, would be to apply in the company's name with your self as a principal signer. Business Credit is separate from Personal credit - that is important to remember as a small business owner. Many business owners, just like in this question, have bad credit but that is not to be confused with business credit. Just like Equifax reports credibility of an individual the business has a credit reporting agency that reports on its stability as well. The key is to get your business registered with the credit reporting agency so that lenders can feel confortable issues out loans, credit lines, or extended terms to the business. Bad credit or lack of credit is no longer an obstacle that prevents the small business owner from finding financing or funding their small business. Small business loans are available to those who have incorporated their business, have a corporate tax id and are willing to keep up their business profit and the business credit score. A handful of companies help with that online right now, I suggest searching the web. That will allow you to view the companies that help with that service.


What Government agency is responsible for encouraging the development of small business?

Small business administration


How can a small business get hold of a credit card?

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Are there any business credit cards that will let you establish credit without using your personal information?

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You can get a business line of credit from a bank. You can also check with the Small Business Administration.


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How do I improve my business's credit rating to get better small business loan rates?

The short answer is to pay all your vendors on time. Additionally, check your business credit profile. Dun & Bradstreet and the big three credit bureaus all keep business reports, check your report to make sure it represents your business and payment history.


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The Small Business Administration gives small business loans. To apply you can search their website at SBA.gov.


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What are the best small business credit cards?

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Consult with a debt collector. They have the legal qualifications to report to credit reporting agencies.


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One company that provides a small business credit card with benefits is Chase. This credit line is the ChaseINK line.


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