T-Shirt Forums banner

1 - 8 of 8 Posts

·
Registered
Joined
·
10 Posts
Discussion Starter #1
I would like to establish business credit as I make purchases for my startup. Does any of the featured vendors on this website have Net 30 and report to D&B?
 

·
Moderator
Joined
·
2,957 Posts
You still need to initiate having a credit file with D&B.

You may deal with only businesses that report to D&B, but if you haven't paid to have a credit file, then there is no file in which to report the credit.;)

There's no way around that. :)

D&B makes money by having the service, and they won't allow you to have a file just because a business is trying to report your credit to D&B.

If it were as easy as you suggest, no one would ever pay D&B the fee to have a credit file. They would just deal with companies that report to D&B.:)
 

·
Registered
Joined
·
3,800 Posts
Dun and Bradstreet is great for start up businesses...if you can afford it.

not necessary mind you. Since most have lines of credit these days...simply ask for a Bank Guarantee when extending credit. If they can provide that (a Bank Guarantee), your safe. Unless, the Bank goes belly up. Yeeeks!!! :D


:
 

·
Registered
Joined
·
10 Posts
Discussion Starter #6
You still need to initiate having a credit file with D&B.

You may deal with only businesses that report to D&B, but if you haven't paid to have a credit file, then there is no file in which to report the credit.;)

There's no way around that. :)

D&B makes money by having the service, and they won't allow you to have a file just because a business is trying to report your credit to D&B.



If it were as easy as you suggest, no one would ever pay D&B the fee to have a credit file. They would just deal with companies that report to D&B.:)
Trust me ...Its definitely doable but just takes longer...creditboards.com (awesome site!)
 

·
Registered
Joined
·
95 Posts
Gotta agree with Eagleland on this one. I established my D&B file without paying them a dime. creditboards.com is a very helpful site for info on personal and business credit. It took me a couple months but it was well worth it.
 

·
Registered
Joined
·
293 Posts
You have to have an on going business and then Dun and Bradstreet will contact you for information in addition to vendors you deal with. They make money by giving out information about you to other companies. I had them contact me when I had my retail store and they didn't charge me anything. Probably have to have a business license, phone etc for them to consider listing and rating you. The credit bureau will still be the main one in the end. Allot of what D&B sells to other companies if for marketing, helping companies locate business to sell their products and services too.

Philip
 
1 - 8 of 8 Posts
Top