The Importance Of Your Business Credit Rating!

When you have a full credit profile built the way we build it and you have some of the vendors that report, and in the order that we have them put on your credit profile, and the small to medium to large, and some of the things that we do, you can get a rating. There are these credit cards, these 3 credit cards that we found that, if you have a particular rating, then you will qualify.

The unfortunate thing of that is we can’t do that in the beginning. You have to go completely through and build that whole credit profile.

Sometimes you can go to the banks three-quarters of the way through. You can go to the credit cards the first month. You would get the vendor credit all along.

You will not be able to get these credit cards until you have the rating. That’s one of the last things you will need in place.

It will be a number between one and 5, with a letter behind it.

It will be based on sort of the same things that you think of for Dun and Bradstreet credit score. Payment history, size, how often. There’s different criteria that it will be based on. What you want to have when you get through with your program is you want to have a Dun and Bradstreet number, you want to have a Paydex score of 80 or higher, and then you want to have a rating of 1A, so you can get the tax ID credit cards.

About The Author: Scott Letourneau is the CEO of Fast Business Credit, Inc. When it comes to securing cash and vendor lines of credit and avoiding costly mistakes his company is the authority. For further assistance regarding the development of business credit go to or call FBC at 1-888-313-6333 or 702-977-5246.