There is an increasing need for commercial credit especially since the banks are slowly increasing lending. Commercial Credit is the process of using only the business Tax ID Number or Articles of Incorporation in place of a personal guarantor.

During the 90’s commercial credit was as common as traditional credit, but only for those in the know. For years corporation have enjoy the ability to buy items in the business name without using the personal credit of the CEO or Board Members. This system works well as long as the organization is financially solvent, and can pay all invoices as scheduled.

Commercial credit can be a valuable asset for small business owners because of its ability to separate their personal credit from the business expenses. One of the major challenges for small business owners is how to Brand Cialis get the items they need without overextending their personal credit. Another benefit of commercial credit is it allows small business owners to count installments payments from commercial accounts Silagra as business expenses at tax time.

Listed below are two accounts that you can apply for today using only your tax id number and articles of incorporation. If you pay these accounts before the bill is actually due then both of them will report the payments to Experian. Once you’re in Experian then the Doors of Credit will open to your business.

Two Business Credit Accounts You Can Open Today

* AT&T Cell Phone Account – AT&T has a new initiative that is very welcoming to small business owners if you need Blackberry’s from your staff. All that is required as of the date of this article (today’s date June 25, 2010, their policies are subject to change) is your TIN and Articles of Incorporation. I can’t stress how important it is to pay this account on time, it can work wonders for your rating in Experian.

* Chevron Gas Card Account- Chevron loves small business owners, especially companies with multiple vehicles. No personal guarantor is required for established business, however they prefer if you use over $1500 worth of fuel charges per month. This is another commercial account that can get you into Experian, which is the only credit bureau that matters for commercial credit.

Please keep in mind that there is no need to pay a company to get you commercial credit, and having a DUN’s number is overrated. I have found that most of these companies over charge for something you can do yourself, so get started building your commercial credit on your own.

Author Bio: Tom Mckenzie – From more information on how to build commercial credit please visit our website at http://www.tommckenzie.org

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