How do I obtain creditor information on my Dun and Bradstreet Report if D&B will not provide it?

It was found out that some business entities have problems in getting the names of creditors who have reported them as being delinquent. D&B often gives misleading and/or inaccurate information to business owners regarding information on their business credit file and refuses to release the sources of such information. But we are able to successfully gather these pieces of information for business entities and help improve their reports just because we have exclusive knowledge of the D&B system and credit laws. This is indeed truly beneficial for you – and on your business loans applications.

Why must I incorporate or form an LLC?

There are plenty of advantages in incorporating or forming an LLC. This is specifically true in reference to building business credit history under a separate business entity. Sole proprietors who request for financing under their own name will find the history of the loan on their personal credit, and lowered FICO scores and loss of credit due to increased debt. In addition, sole proprietors will not have asset protection and tax advantages such as those offered by a corporation or an LLC, as they are one and the same as their business. Please contact the office for more information regarding this matter.

Is a Dun and Bradstreet (D&B) report required in having a business loan approved?

Yes!, Because of the US Patriot Act and “post 9-11″ legislation to avoid illegal business activity, terrorism, loan fraud and money laundering, lenders are now required to verify information on the business entity and principals applying for financing. Don’t fret if you do not have this nor a DUNS number, however; we can always be of assistance to you so as to put you in the best possible position for financing – unlike D&B. D&B is simply responsible for gathering information on companies that they sell to banks as well as other subscribers. It is simply not in their best interest to see you get financing and it takes expert assistance to get a high quality report before loan applications are submitted. To repeat, a loan application without a DUNS report has very high chances of being declined by any lender. As always, the business loan experts at Global Financial Services Business stand ready to assist you in securing business financing.

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1. More Business Loans Queries Part One
2. Bad Credit Business Loans – Private Money Awaits
3. Get Easy Loans With Bad Credit and be free from bebt. Interesting Facts to Consider
4. Tips On Unsecured Loans for People With Poor Credit
5. Flexible Loans vs Fast Cash Payday Loans. Interesting Facts to Remember

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This entry was posted on Sunday, October 11th, 2009 at 12:25 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.