Set Up Your Business to Report with the Major Bureaus
Building business credit means making sure your accounts report to the main business credit bureaus. These bureaus track and rate your business credit, helping lenders and vendors decide if they want to work with you.
Establish your Business Reports
Before applying for business credit, it's crucial to understand how trade accounts report to avoid potential reporting issues later on. For trade accounts to report, purchases and payments are typically required, often exceeding $50. Not all business credit accounts report to credit bureaus, so it’s essential to choose ones that do. When establishing business credit accounts, always ensure the correct business name, address, and contact information are provided.
Set up trade/vendor accounts
A trade account, also known as a vendor account, is a type of account often created with stores or suppliers that allows for business transactions. When establishing accounts with various vendors, focus on setting up net terms for payment, as these are reported to business credit bureaus.
Building Strong, Sustainable Business Credit Practices
A trade account, also known as a vendor account, is a type of account often created with stores or suppliers that allows for business transactions. When establishing accounts with various vendors, focus on setting up net terms for payment, as these are reported to business credit bureaus.
Monitoring Your Accounts and
Reports with Stakkz.credit
Discover the secret behind how top business owners secure higher loans, expand credit limits, and boost their company’s worth. Gain exclusive insights of your personal and business credit scores.
- Track credit progress - Monitor your business credit score
- Get exclusive credit offers - Handpicked offers for your business
- Use the Fund Finder - Interactive BRR report
- Credit score API tracking - Paid addon to auto-pull monthly credit data
- Credit score manual tracking - Enter your scores monthly to track progress,
- Business credit coaching - Learn from our team of credit experts
- Check misreported data - Check all databases for errors
- Dispute derogatory data - Dispute with all 3 bureaus on your behalf
- Access to support team - Fast and friendly email support line and get help within 72 hours
- Target of $100-250k - In credit for your business in 12 months,
- Dedicated Support Rep - A rep to guide you through the step-by-step process
- Premium email and phone support - Get responses within 48 hours
- Access to our network - Benefit from our powerful network of lenders and credit issuers
- List in the Stakkz Marketplace - Get your business extra exposure and more opportunities to grow
