Will financial institutions look at SBFE info like bank statement or merchant statement when applying for business credit cards? Personal credit cards are automatically approved through the computer. Is it the same or different for business credit cards? Thanks.
@@creditsuite8548 I am starting two businesses the first one is Pressure Washing business, the other is Logistics Services. The Logistic Services is actually making deliveries to other warehouses and to residential clients. I must state that we will be working with these other warehouse by contractual agreements. Our first client is Amazon, Medical Supplies, and Medical Laboratory Specimens. Our goal is to provide "Same Day, Rush Delivery, Express Delivery, and Standard Deliveries, and these deliveries will also include residential deliveries. I am double minority, female and African-American and I was told that I am guaranteed business loan from SBA. I wanted to know what I need to do to register my businesses with SBA to get qualified. I have been using my home number, email address, and my actual cellphone with different Software Developers that I need to use on the businesses' website. I haven't considered the information you are currently speaking of. I also have made Legal Zoom the register agent for the Pressure Washing. I am running short of funds to pay for Legal Zoom being a Registered Agent for the Logistics Services. Additionally, both of these businesses are LLCs, we are currently running low on funds to operate both businesses. Moreover, the Pressure Washing has its on business telephone number, fax number, 800# and address. However, the other business does not and want to take advantage of the SBA Minority Loans for operational cost for both businesses'.
Hi Patricia! Congrats on your business! Please fill out this form creditsuite.com/getfunding... This is the fastest way to get in contact with our Finance Team that can guide you through the steps that you should take.
So these secret records are maintained about our businesses and lending decisions are made based on these records, and we can’t obtain them? Seriously? WTH?
SBFE records are not directly accessible to individual businesses. SBFE is a credit reporting agency that collects and shares data on small business credit transactions, primarily for the use of its member financial institutions. However, businesses can indirectly impact their SBFE records by maintaining good credit practices, such as paying bills on time and managing credit responsibly, which can positively influence their creditworthiness in the eyes of lenders who use SBFE data. Hope this helps
Will financial institutions look at SBFE info like bank statement or merchant statement when applying for business credit cards? Personal credit cards are automatically approved through the computer. Is it the same or different for business credit cards? Thanks.
So we can’t change the address and phone number of a business 😮 ?? What about moving the business ?
Oh ok we can call the bureaus and the sbfe if there are mistakes
Hi Lovina,
You should be able to contact the credit bureaus to update your information with them and file a dispute on anything that is incorrect.
11:00
If I contact sbfe can I ask what’s on my profile ?
Hi Lovina,
You should be able to contact them and ask what is on your account.
Good morning
Good morning! how can we help you today?
@@creditsuite8548 I am starting two businesses the first one is Pressure Washing business, the other is Logistics Services. The Logistic Services is actually making deliveries to other warehouses and to residential clients. I must state that we will be working with these other warehouse by contractual agreements. Our first client is Amazon, Medical Supplies, and Medical Laboratory Specimens. Our goal is to provide "Same Day, Rush Delivery, Express Delivery, and Standard Deliveries, and these deliveries will also include residential deliveries. I am double minority, female and African-American and I was told that I am guaranteed business loan from SBA. I wanted to know what I need to do to register my businesses with SBA to get qualified. I have been using my home number, email address, and my actual cellphone with different Software Developers that I need to use on the businesses' website. I haven't considered the information you are currently speaking of. I also have made Legal Zoom the register agent for the Pressure Washing. I am running short of funds to pay for Legal Zoom being a Registered Agent for the Logistics Services. Additionally, both of these businesses are LLCs, we are currently running low on funds to operate both businesses. Moreover, the Pressure Washing has its on business telephone number, fax number, 800# and address. However, the other business does not and want to take advantage of the SBA Minority Loans for operational cost for both businesses'.
Hi Patricia! Congrats on your business! Please fill out this form creditsuite.com/getfunding... This is the fastest way to get in contact with our Finance Team that can guide you through the steps that you should take.
So these secret records are maintained about our businesses and lending decisions are made based on these records, and we can’t obtain them? Seriously? WTH?
SBFE records are not directly accessible to individual businesses. SBFE is a credit reporting agency that collects and shares data on small business credit transactions, primarily for the use of its member financial institutions. However, businesses can indirectly impact their SBFE records by maintaining good credit practices, such as paying bills on time and managing credit responsibly, which can positively influence their creditworthiness in the eyes of lenders who use SBFE data. Hope this helps