YOUR CREDIT CARD OUTLET

What is the best way for me to build some business credit?

I just received my tax ID number from IRS and I have a number of state sales tax. Im trying to become a distributor of computer parts that I have intention of buying a company wholesale. My personal credit history is one of the worst in America. How I can get approval for anything to start build credit for my business? What is the cheapest and fastest? I tried for years to apply for a card with a company Office Depot previous but they refused me do my business had no credit. If I cannot get a card offi deposit, then what do I can do? I have certainly a unique business owner.

Incorporate. As silly as it sounds, an incorporated company with no connection to a person tends to have more credibility than someone who is directly connected to your company (eg, a sole proprietor) Once incorporated, obtaining business credit is easy. Just show that you've been in the business for 6 to 8 months .. a year is even better. And then give them a ballpark estimate on what you do in gross receipts each year and must have no problem with obtaining business credit.

Start Business Credit Video: No Personal Guarantee