Please click on the CHAT icon if

you need immediate assistance!

IMPORTANT NOTICE:  NEW PPP AND EIDL LOANS WILL SOON BE AVAILABLE.  Make sure your company qualifies by updating the corporate details in your D&B report, disputing slow payments, and adding positive payment history.

Please access the DIY Training Base or contact me directly if you need immediate assistance, tips and techniques.



There is more to celebrate this week than just the upcoming New Year. Each January 1, your business is officially one year older. For many, this means increased access to capital.

In the corporate credit world, the age of your business is not measured by the date of its incorporation, but rather by the year in which it started. This translates to lower risk ratings with every December 31st your small business puts behind it. This could lower interest rates and improve access to funding, giving you much more reason to celebrate in the new year.

Your young business will officially be one year older at the end of this week, when every business with a D&B® profile will get one more year added to their history. If you started your business in 2015, on January 1 you will be a one year old company, no matter what month you opened your doors. Businesses who started in 2014 will be two years old, and those who opened their doors in 2013 will be three years old — considered by most lenders to be an aged business entity.

With major banks and creditors recently acknowledging a loosening of their stronghold on small business credit, there has never been a better time to get your business qualified to receive approvals, especially if you are a young business struggling to meet a lender’s tough criteria. While many are drearily taking down holiday decorations, few realize they could actually be in a better position to celebrate after the holidays are over.

Bankers, lenders and creditors confirm: more credit is available to a small business with every year it survives today’s tough economic times. They understand that time in service proves you can endure the “school of hard knocks” and pitfalls that young, inexperienced business owners fall prey to. With each year notched into their calendar, a business proves it has cleared a few more of those hurdles and not just survived but, in many cases, thrived.

But there is more to getting approvals than just having another year under your belt. Your business credit report needs to be ready to take advantage of its coming of age. Just as important as removing negatively impacting, out-of-date, or irrelevant information, there has to be a conscious effort to input up-to-date, positive data so the report can more accurately portray the creditworthiness of your young business as it ages.

Starpoint Credit Solutions excels because we understand the data. We use methods that employ D&B®’s own processes and standards. We validate every piece of impacting data. We clear the hurdles for you. We get you to your goals using techniques structured specifically for your business’s needs and goals, and fully acceptable to the tough standards required by lenders and creditors.

LESSON: With every year in business, your company gains more knowledge, experience, and (hopefully) strength. Celebrate the achievements and benefits of another year on the books.

Our Business Credit Basics Blog


D-U-N-S® is a registered trademark of D&B® and Dun & Bradstreet®.
Starpoint Credit Solutions LLC is not affiliated with Dun & Bradstreet®, however we recommend their products to our clients to assist in the creditbuilding and monitoring process.

© 2014-2020 by Starpoint Credit Solutions LLC — Privacy

Starpoint Credit Solutions LLC
11504 Joy Street   |   Austin, TX 78748
Phone / Fax  (800) 918-7505
  • Facebook
  • Twitter
  • Google+
  • LinkedIn