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Build credit for divisions


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#1 vtt

vtt
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Posted 18 April 2012 - 12:08 PM

Has anyone been able to multiply their corp's credit, by adding Divisions, and applying for credit under the Division's name?
I guess you can file as many DBAs as you want, under the corp, and DnB then adds on as Divisons of the corp, so it "piggybacks" your corp's good credit, and you can apply again seperately, for more Shell, Chevron, etc cards..
However, you may have to have a sepereta address or each Division, or else they look at it as tho the same compnay is applying for another card..
Anyone done this?



#2 BRBiz

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Posted 24 April 2012 - 10:17 PM

The only way that works is by creating other LLC's or Corps under the main company and building credit for each. If you tried different DBA's you still would have the same tax I'd.




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