Nine times out of ten, adding your own existing payment history to your business credit report is going to be far more beneficial than following someone else's cookie-cutter roadmap. If you have already been paying bills and making purchases in your day-to-day operations, those transactions are the ones that are going to say more about your company's capability and credibility than any cookie-cutter tradelines ever will. Reach out to me directly if you want to boost your busi

He called in for a free consultation late on Friday afternoon. I could tell right away that he was trying to pull a fast one, wanting me to help him "buy trade lines" for his "aged business entity" so he could get payment history into a D&B report he had created for a shelf corporation, but I wasn't buying it. So I asked him point blank — "Does your company actually sell smoke and mirrors? Or does it just look that way?"

As you may have noticed, much of the training I provide focuses on the importance of adding payment history to your corporate credit report as a means of boosting your scores and ratings. But today, I'd like to provide a little insight into what a huge difference you can make when you add the right kinds of vendor and supplier payment history to your commercial credit report. Your company's creditworthiness is one of the most important representatives you have.

If you don't know by now, the single, most-impacting step a business owner can take to boost their potential for credit approvals is to add positive payment habits. Unfortunately, some people fall prey to some shady characters who promote even shadier strategies that do more harm than good. So... instead of letting you fall into some common traps, I've outlined ten common trade line trip-ups to help keep you on a straighter path to success.

Are you like Sam? Sam told me he didn't have any vendors. He said, "I don't have any credit. All I ever use are local guys and small...

Do you have slow payments or bad debts showing up on your business credit report? If so, you aren't alone. Even the most conscientious business owner is going to make a mistake at some point. But that doesn't mean you have to live with it or suffer the consequences. If you have a slow payment or bad debt reporting on your D&B file, use these tips and techniques to launch your dispute.

"Who reports to D&B?" Those four words, when put together, are probably one of the most-searched phrases on the web when it comes to business credit. Most business owners understand the need for a Paydex score, but they may not know how to get one. In reality, it's not that difficult. To get a Paydex score, the holy grail for business credit, all you need is at least three payments showing in your D&B report. But which vendors are your best options?

Any time your business applies for credit or opens a new vendor account, there is a high probability that the creditor or supplier will check your business credit report. If your company has established a credit profile with one or more of the major corporate credit bureaus, an inquiry will be generated. For the most part, inquiries are a normal part of doing business and help validate your business information, strengths, needs and viability.

Most business owners don't realize that adding just one positive payment to their credit file can boost their scores and ratings by up to 90%, so just imagine how much you can boost your company's credibility if you have 5, 10, or more payments to add! Reach out to me directly if you want to add your existing payment history to your business credit report to boost your business credit scores and ratings.

You're filling out a credit application. Everything is going along just fine until you get to that box at the bottom... You know the one — where you're being asked to provide a personal guaranty — and, suddenly, you hit the brakes. Why is it, when you are working so hard to separate your business credit from your personal credit, those suppliers or lenders wanting you to mix them all together again? Reach out to me directly if you want to boost your business credit scores

You probably already know the best way to build up your business credit is to add payment history. If you don't have any vendors or suppliers, you may try to use some of the more familiar trade lines offered up online. Unfortunately, this can lead to "cookie-cutter" credit where you end up with the same generic payment history as everyone else and nothing of substance that proves your creditworthiness. Believe it or not, using generic suppliers can actually do more harm than

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