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How to Qualify for Business Credit | 8 Keys to Having a Credible u0026 Legitimate Business

Kelvin McNeil

If you're interested in Business Credit, and want to make sure you meet the requirements to qualify for Business Credit.. or simply want to know how to properly form your business, watch this video! Kelvin, gives you they 8 keys to having a credible business. Having a business that is deemed legitimate and credible is the foundation of qualifying for business credit cards, Net 30, vendor accounts, SBA programs and other small business loans etc. Business credit is credit obtained in the name of your business using the businesses EIN/TAX ID. Business credit is based on the company's ability to repay it's creditors and obligations. With an established and strong business credit profile, your business will have access to vendor accounts, revolving accounts, major credit cards, unsecured credit lines and loans all without using the owner's personal credit! Most importantly, businesses can obtain funding faster than relying solely on personal credit all while gaining access to much larger borrowing windows.

00:00 Intro
00:28 What is Business Credit
03:02 How to qualify for Business Credit, 8 Keys for a credible business
06:09 Business Phones, 411, GoDaddy SmartLine
10:33 Business Status, Licensing

As mentioned in great detail in this video, here are the 8 keys to having a credible business & qualifying for business credit:
1. Business name
2. Physical address
3. Business entity
4. EIN/Tax ID
5. 411Business phone
6. Logo, professional presence
7. Domain, website, professional email
8. Business licenses, permits, state status

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