Build Business Credit for Your New LLC: The Secrets to Funding Your Dreams


Did you know there’s more funding available for new businesses than ever before? Some LLCs can even qualify for up to $50,000! This isn’t some pipe dream; it’s a reality for businesses that understand how to build strong business credit.

In this blog, we’ll unveil the secrets to building business credit, even without using your social security number. We’ll also explore some funding options and a super secret trick to get funded quickly.

Why Business Credit Matters

Most startups rely on personal savings and credit cards, putting their personal finances at risk. But with business credit, you can:

  • Secure funding in your business’s name
  • Separate your personal and business finances
  • Potentially qualify for higher funding amounts
  • Build a stronger financial foundation for your LLC

Step-by-Step Guide to Building Business Credit

Here’s a roadmap to building solid business credit:

  1. Solidify Your Business Footing:

    • Register your LLC with the Secretary of State.
    • Obtain an Employer Identification Number (EIN) from the IRS (it’s free!).
    • Create a professional website, email address, and phone number.

  2. Claim Your Dun & Bradstreet Profile:

    • Dun & Bradstreet is a major business credit bureau.
    • Search for your LLC’s profile on
    • If it exists, claim it and follow the verification steps.

  3. Build Trade Lines with Vendor Credit:

    • Certain vendors report to business credit bureaus.
    • Companies like ULINE, Granger, and Quill offer net 30 terms.
    • Purchase a minimum of $50 worth of supplies and pay your invoice on time.
    • This creates positive trade lines on your Dun & Bradstreet report.

  4. Graduate to Store and Cash Credit Cards:

    • Once you have established trade lines, apply for business credit cards.
    • Start with store cards from companies like Walmart or Staples.
    • Responsible use of these cards builds your creditworthiness.
    • Eventually, you can qualify for unsecured cash credit cards from major banks.

Bonus Tip: Leverage Good Personal Credit (if applicable)

If you have good personal credit, some banks offer “stated income” business loans. These loans don’t require extensive documentation, allowing you to potentially secure up to $50,000 in funding.

Need Expert Help?

Building business credit and securing funding can be complex. If you’d like expert guidance, consider contacting my friend Justin Merch at Justin Merch Consulting. Justin is a business credit guru who can help you:

  • Build a rock-solid business credit profile
  • Secure funding to achieve your business goals
  • Utilize your funding effectively to maximize growth

Don’t wait! Take charge of your business finances and unlock a world of funding possibilities.

Remember: This is Noelle, wishing you success on your entrepreneurial journey!