Small Business Credit Expert Explains How To Get a Paydex in 7 Easy Steps

Feb. 3, 2008 - PRLog -- 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.

"This Is Especially Important When You Are Financing A Business Without Using A Personal Guarantee” Stated Ted Aberle, The Business Credit Expert And The Author Of Business Credit Secrets, available at http://www.business-credit-secrets.com. “When Credit Extended Is Being Considered, The Bank Has Two Separate Decisions To Make- Question #1 Is “Should This Business Be Extended Credit"? And #2- "HOW MUCH Credit Should We Extend?"

"Obtaining A Duns Rating And A Paydex Score From Dun And Bradstreet, Is Absolutely Free", Stated Mr. Aberle. "It Is Pathetic How Many Unsuspecting Small Business Owners Will Spend Hundreds Of Dollars Or More To Do The Exact Same Thing That One Can Legitimately Do For Free."

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 (Not A Personal Phone Line. This Costs A Little More, But It Is Well Worth It!)

Step 4: The Following Vendors Will Grant Credit To Your Enterprise:

http://www.Staples.Com office Supplies Vendor

http://www.Nebs.Com Custom Printing Vendor

http://www.RapidForms.com Custom Printing Vendor

http://www.T-Mobile.Com Cellular Phone Supplier

http://www.Dell.Com Computer Equipment

http://www.Ups.Com Shipping Vendor

http://www.Fedex.Com Shipping Vendor

http://www.Viking.Com Office Supplies Vendor

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


Dun And Bradstreet, Or D&B As They Are Commonly Called, Have An Almost-Monopoly Grip On The Business Credit Report Industry.

Although Competition to Dun & Bradstreet, Like The Intelliscore Business Credit Score From Experian, Do Exist, Dun And Bradstreet Has A Virtual Monopoly On The Beginner Phase of Credit Vendors. Most Entrepreneurs Will Find That Most Banks And Suppliers Lending To Small Businesses Will Focus On The D&B Score And Report.

"The Equifax And Experian Reports Will Self Build Once You Focus On The D&B Score." Said Craig Aberle, Business Credit Expert. "It Would Not Be A Good Idea To Be Busy Trying To Build This Up On Your Own. It Is Not Commonly Used By Most Lenders You Will Be Dealing With And It Will Grow Automatically As Your Accounts Grow And Your Business Information Gets Shared- It Will Happen While You Sleep!"

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.


A Free Credit Resource is Available at http://www.bhmh.net

Business Credit Expert is Available at http://www.businesscreditguru.com . It Comes with an Iron-Clad 60 Day Money Back  Guarantee. Affiliates Are Welcomed at a 75% Commission on Purchases Via Clickbank. For More information on our affiliate program, visit http://www.readycorp.biz and click on the affiliates link.

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