Corporate Credit Program

Business Credit is Key

Having credit established for a business is key to its success. Throughout the history of a company the need for credit will most likely arise. Establishing the business’ credit should be started before the company needs it. No lending institution wants to lend money to a business in need of cash flow. The business can start out using the owner’s or the officer’s credit to gain approval under the business name, but as the business grows it should start to establish it’s own credit history and credit profile in order to take on business credit of it’s own. This is possible with a Corporation or Limited Liability Company (LLC) using the corporation's tax identification number.

Get money for your business with not-so-good personal credit

Financing is a critical part of growing a small business (any business) and almost always a very large concern for the owner(s). Nothing is more important and vital to the health of a small business than having the right financing in place. We can help you get the money your business needs!

Why Separate Business Credit Profile? When officers and owners use their own personal credit profiles to obtain credit for the business, they risk the chance of lowering their own personal credit scores. There are two reasons business owners should try not to use their personal guarantee on business credit:

• the individual signer is liable if the business cannot make the payments
• the credit obtained for the business can effect that persons credit score

Build an Effective Credit Rating in 6 to 9 months

Pro Debt Solutions can provide your business the next logical step in separating you from your business. Our Corporate Credit Program can compress the normal 2 to 3 years of building corporate credit down to only 6 to 9 months!

It all starts with the Corporate Credit Program, which will establish a clean credit profile and business credit score. The goal is to establish a credit score of 75 or better. In comparison a business credit score of 80 is like having a personal credit score of 750, that’s excellent credit.

A credit score is built by having lines of credit, credit accounts and trade references that report to the business credit agencies. For most businesses it’s very difficult to find a business willing to grant credit with no personal guarantee and without any previous credit history. If you have your own trade references, we will work with them to build the score. However, most businesses need additional trade references that will grant credit and report to the credit agencies.