Business Credit

[ShawnPY1972]

I must say, I'm truly surprised that there's hardly any activity in the business forum.  I was on this website back in 2005 through 2008 and this place was popping with information and now hardly anything current is being reported. 

 

I'm working on a new business that's been going for the last year and I'm making good money and trying to establish credit and I can't believe how difficult it is nowadays to establish business credit.   I honestly think that the entire business credit game has changed significantly.

 

I have a couple trade lines reporting to my Dun and Bradstreet and I'm on the verge of having a paydex score.  Thankfully my Experian business report has a lot of accounts reporting.  

 

I came across an account called mudflap Visa then the approval process was so easy.  The account is for fuel but is a Visa card.  No personal guarantee required.  I didn't get a very high starting limit but probably because I don't have a lot of business credit out there, but I was thankful to get the approval. 

 

I was also approved recently for a Fuelman card with a $5,000 starting limit and I got both of these without a paydex score.

 

I also have an account with a company called Credit Jey and they're great. I love them.  They have a virtual Visa card so that I can make purchases anywhere, with any merchant.  I have a $5,000 limit and I paid it off several times.  

 

Credit Key says they report to all of the business credit bureaus but I have yet to see any reporting.  Maybe they are just backlogged.

[esco702]

Most of the biz credit game from 2008 is outdated this is why no one replies or post anymore.  The game is pay to play nowadays, which is what most people are doing.  Its what I had to do.  Secondly almost every bank you will have to PG so if you have bad credit, those old strateiges are a waste of time.  Lastly NO bank on a business credit card application cares or ask for a DnB number. 

[ShawnPY1972]

On 5/20/2025 at 12:39 AM, esco702 said:

Most of the biz credit game from 2008 is outdated this is why no one replies or post anymore.  The game is pay to play nowadays, which is what most people are doing.  Its what I had to do.  Secondly almost every bank you will have to PG so if you have bad credit, those old strateiges are a waste of time.  Lastly NO bank on a business credit card application cares or ask for a DnB number. 

 

I just got approved for the Bill Divvy Corporate MasterCard.  I had to give my social but it has no personal guarantee.  Soft inquiry only.  They approved me instantly for $7,500

 

I agree the entire business credit card game has changed drastically from the early 2000s.  To be honest, I'm quite disappointed. 

 

I set up an LLC in 2024 and I'm bringing really good money on my business. I have great bank statements and I spend about $10,000 a month at Home Depot. Yet they won't even give me a dang corporate credit card.  I used a prepaid card for my employees.