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When A Corporation or Non-Profit Looks To Obtain Or Increase Access To Business Credit And Small Business Loans, It Is Imperative That They Understand What Lenders And Suppliers Are Looking For In The Loan Application And On The Business Credit Profile.
"Obtaining A Duns Rating And A Paydex Score From Dun And Bradstreet, Is Absolutely Free", Stated Mr. Aberle.
Here Are The Basic Steps To Obtaining A D&B Paydex Without Paying Any Money:
Step 1: Open a Corporation
Step 2: Prepare a Proper Business Image- Letterhead, Logo- And Make Sure Your Business Phone Is Answered In a Business Manner
Step 3: Get A Line With 411 As A Business Entity
Step 4: Obtain Credit From Vendors Listed At http://www.bhmh.net
Free Business Credit Resource
Other Vendor Credit Should NOT be applied for at this time!!
Step 5: Once These Vendors Ship Your Items, Pay Them Immediately, Before The Bills Come Due, To Keep Your Window From Billing To Payment As Small As Possible, Preferably under 21 Days. This Will Ensure Your Paydex Score Is As High As Possible.
Step 6: Within Four Weeks, Your Eupdate Should Show Your Credit Lines And Your Paydex Score.
Step 7: Drink a toast and Apply for appropriate tiers of credit
A Major Difference Between D&B And Experian Is That D&B Will Allow You To Self Submit Information About Your Business When They Are Paid A Fee. Experian, However, Will Not, And Will Only Take Information From Vendors They Have Relationships With.
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