Business Credit - Posted by Peggy

Posted by John Corey on March 13, 2006 at 11:54:36:

The entity that extended credit needs to report to the credit agencies who keep files on businesses. D&B plus Experian are two. Commercial credit reporting is not that close to how individuals are handled. You could check with D&B and Experian and ask how to report (as if you are the firm that extended credit to a borrower).

Post what you find out as I am curious how this is done. I expect the entity has to open an account and otherwise be vetted a bit to verify that the information is likely to be accurate.

John Corey

Business Credit - Posted by Peggy

Posted by Peggy on March 13, 2006 at 09:14:35:

Does anyone know how to report payoffs/good payment history from private money loans to start building my business credit profile?