Establish Business Credit
If your looking to establish business credit then continue reading this article to help you find the best way to obtain business credit. While you are analyzing your startup expenses and costs, it is important to ensure that your credit score is good. Small business loan applications are frequently declined due to poor credit. Your credit score can have an impact on your insurance rates, as well as the appeal of your business to potential suppliers and partners.
Maintain Good Personal And Business Credit
Existing businesses enjoy the benefit of a proven financial history. However, loan eligibility for a new company is usually determined by its owner’s credit score.
Although not all small business owners have good credit, others may be able to establish credit in the initial stages. The Consumer Financial Protection Bureau (CFPB), offers tips to assist people with low credit scores to get started.
The Credit Scores webpage of the CFPB is a great place to start building credit and improving your score. The Federal Trade Commission offers credit improvement recommendations if your credit history is in need.
Apply for Business Credit
Your company can establish and manage business credit to help you get financing whenever you need it, and at better terms. It can help you to negotiate supply agreements and protect your business identity theft.
Register for a Dun & Bradstreet number or DUNS number. This is the first step. A DUNS number, which is a nine-digit unique identification number for each business location, is what you need. Dun & Bradstreet offers assistance on building business credit.
Check and Monitor Your Credit
You should monitor your credit reports for both personal and business purposes, especially if you suspect you may have been the victim of identity theft.
- For free credit monitoring, visit The Annual Credit Report Website. This authorized source is the only authorized one.
- Experian, Equifax and Dun & Bradstreet can provide a copy of the company’s credit report to help you monitor your credit.
You can find more tools to assist you checking and monitoring your credit.
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Business sales Mergers & Acquisitions
What We Can Do For You
Burke Texas Acquisitions is able to perform a formal business appraisal for any business. Our firm is a leading provider of services in the Texas lower mid-market. Our clients are valued between $1 million and $50 million, and come from many industries. Burke Texas Acquisitions has assisted Texas companies in securing financing for all types, including equity financing, mezzanine financing and factoring receivables. We have the expertise to solve any type of financing problem.
Our success rate is 90% and we always provide the best value and transition possible for your business.
integrity and trust
We won’t let you down when it comes to selling your business. We always work for your best interests.
Your privacy is important to us. We protect our clients and maintain strict confidentiality.
From Our Founder
Proven Advisory Firm
The chances of closing a successful deal are dramatically increased when you work with qualified, experienced business brokers/advisors. Our business brokerage is a top choice in the Texas area. We have a track record of closing deals. For over a decade our group/partners have closed more than 200 transactions.
- Business Planning
- Business Planning
- Business Planning
Platinum Package (New business complete setup)
Certificate of Formation
Certificate of Filing
Virtual Office with Physical address and Mail forwarding
Complete Website and Email setup
SEO: Search Engine Optimization
Complete Social Media Package
Graphic Design complete Logo’s and branding
Access to a (30 second promo video @ 1/2 Price)
Federal EIN setup
Texas Reseller Certificate
Required Corporate Documents:
Article of incorporation
(For Company Purchases)
LLC monthly Minutes
Standard By Laws
Operating Agreement (Outline)
(1) DBA set up
Dunn & Bradstreet listing
Better Business Bureau listing