BUSINESS FORMATION GROUP, LLC

DID YOU KNOW?

> That Government entities, banks and other lenders rely on D&B information to make everyday businesses

> There are at least 10 major and over 100 minor mitigating factors that can influence your credit scores and ratings

>Using the same vendor for a trade reference for more than one corporation you or others own can either create a "family tree" or flag your file

>Types of lenders versus types of brokers that pull your business credit report can potentially cause your corporation not to get funding

>The number of lenders that pull your report in a month's time can cause your credit scores to drop if your profile is not built properly

>Your address (City and State) can put you behind the industry standard for funding your type of business

>Amount in funding is determined by your state in which you incorporated and in the state you are licensed to do business

>Using National vendors as trade references can cause delays in how quickly your company establishes scores. Learn how to add trades into your report and get a PAYDEX score in 5 - 10 days.

GET YOUR BUSINESS ESTABLISHED WITH D&B EXPERIAN.

Since Dun and Bradstreet is the oldest established credit reporting agency, it is also the most reliable source for business insight. For that reason, lenders use D&B often when making credit decisions on businesses. Being listed with D&B gives lenders a sense of security required for funding and therefore lenders are more likely to extend greater credit.

However, vendors also using DNB to make credit decisions on your company will pull your report to spy on your corporation. Is your D&B account Lender Compliant?

There are many factors that DNB uses when building your credit such as address and telephone numbers that meet the standards for your line of business. It makes practical sense when building your report to speak with either an employee or former employee of D&B since Dun and Bradstreet does not make many of these factors public knowledge. The fact is that there are over 100 mitigating factors that can potentially cause your report to go into high risk and those factors change from business to business.

Knowing how to navigate through the questions can be difficult and sometimes frustrating. What may seem a simple question like the name of your business can potentially affect your credibility for not only that particular corporation, but also can affect any other corporations you own or establish in the future. Having a professional check the information prior to publishing it to D&B can dramatically decrease high trigger incidents. If you are going to be applying for funding you need to ensure that your report is the one lenders are interested in seeing. Our systems are built to ensure the information you provide D&B is reflected accurately.

FAST FACTS

Did you know that, how you submit the information to D&B and Experian can potentially cause D&B or Experian investigators to closely analyze your credit report?

Did you know that one of the most mitigating factors that causes corporations to be flagged as high risk is due to owners of one corporation assuming the same parameters apply to their other corporation, like the type of address or number of employees?

Did you know using the same vendors for more than one corporation is one, if not the greatest factors that causes every business you own to be likely flagged as high risk?

Did you know that if there is an issue with your business' credit report, its usually because the information listed or provided to D&B is erroneous?

SOLUTIONS

One year in its making, our step-by-step reports were created by former D&B employees. Our reports will carefully assists you to navigate around the main triggers that D&B and Experian look for when you submit data to them.

We have former D&B employees standing by to assist or answer any questions you might have.

Here is some information on the types of reports that can help you navigate. Learn more...

BUSINESS PLAN TEMPLATE

A thorough and comprehensive business plan is designed to ensure that your business plan matches your Dun and Bradstreet and Experian's information while ensuring that wording and language are consistent with your SIC CODE (Line of Business, LOB).

We accomplish this by ensuring your very detailed business plan does not conflict with the information you have provided to Dun and Bradstreet or Experian, while also providing the lenders the key information that is normally not found in business plans such as copies of your business credit reports from DNB and Experian, giving them the opportunity to run an unbiased comparison of your business to that of your competitors. This in turn will save the lenders much of the leg work they would otherwise require to perform, ensuring your business plan to receive the greatest amount of consideration it deserves.

Ideal for individuals who have started their own corporation or purchased an aged/shelved corporation and are seeking money from venture capitalists, Secured, and Hard Money lenders. Since lenders use Dun and Bradstreet and Experian to make credit decisions, it is important that your business and its model match PERFECTLY with your business plan.

GET SAMPLE MEETING MINUTES

Meeting minutes are important. They capture the essential information of a meeting – decisions and assigned actions. They keep attendees on track by reminding them of their role in a project and clearly define what happened in a group session. Meeting minutes clearly outlines the organization of your corporation with regard of each person’s duties.

This information is very important to a potential lender since they want to know if you have an well oiled corporation where each individual has a role in the everyday operations of your company. On the other hand meeting minutes includes greater insight into how your corporation should be organized that a potential lender can find appealing by demonstrating among many other factors if your corporation has sales meetings with their staff. Even if you are the only employee of that corporation, how you present the minutes will play a vital role in the lender’s decision making process.

While a business plan is considered a “sales pitch”, the meeting minutes is viewed as an internal perspective into your everyday operations, providing the lender with the confidence to invest in your business venture.

NEW!!

GET A FREE E-BROCHURE ON SECRETS OF HOW YOUR BUSINESS CREDIT RATINGS CAN HELP YOU OBTAIN A BANK LOAN OR EVEN A GOVERNMENT GRANT!!

Dunsright Certified


	All of our live chat consultants are North American

For questions or discount pricing, email us at info@businessformationgroup.com or call 1-800-270-5960

Business Formation Group. LLC is a consulting and business to business networking firm and is not a lender or financial broker.
Business Formation Group. LLC does not perform credit repair services and uses D&B to obtain business insight and advise.
Business Formation Group. LLC. all rights reserved @ 2005-2010