Create Lots EIN with airSlate SignNow

Create lots EIN

are you able to build business credit just using a n number we're gonna talk about it right here what's going on you ready you know who it is B I'll be number the best of the best we are here to guide you on business credit personal credit and how to bring those two things together for maximum benefit today we're talking about can you build your business credit using your key I in number alone that means that can you build your business credit without a personal guarantee so with an EIN number but without a personal guarantee which is your social security number yah n number can you do it without a social security number that's what we're talking about today all right all right so when we first start building business credit we have to make sure that we're doing everything properly the foundation is where a lot of people go wrong and that's where a lot of people fall short as far as getting their approvals later on down the line then you have to come back and fix those things and what I mean foundation I mean you didn't have the right telephone number okay you weren't listed on for one one you don't have a professional email address meaning that it's your name at such-and-such dot-com meaning your website calm okay so if the name of your business is snuffleupagus incorporated then you might be a Joe Schmo at snuffleupagus dot-com that's a firm professional email address okay so maybe you didn't have that okay so you didn't have that you didn't set up everything properly and that's why you're getting denied using just your EIN number right so we want to make sure that our foundation is set up and it's set up properly there is a link in the description below to Inc file they do a really good job of setting up your business for free okay all you do is pay the state fees to get incorporated and do a whole lot of other stuff that they have for free check it out long answer short yes that's what you're here for right can you start a business and can you build business credit with your just your EIN number the answer is absolutely you can that's what we talk about a lot on this channel we do a live stream to answer questions and we're building a really nice community based around businesses business credit and bringing that business credit with that personal credit together so how do you start building business credit using your EIN number alright once again we have we've gone through that business checklist okay number one did we plan number two did we register our company number three do we have an EIN number number four did we reevaluate everything okay number five do we get a dun & bradstreet number and now we're ready to get vendor accounts okay so a vendor accounts you can absolutely get using just your EIN number so there's a ton of vendors out there that will not only give you credit to buy supplies buy items buy products for your business but they'll also report that activity on to the three major business credit reports okay so we all know what those three major business credit reports are right don't we mm-hmm actually and now there's four okay there's four and there's more B there's more secret business credit bureaus and reports as well that we will be talking about okay so make sure you subscribe make sure you hit that like button if you're getting value from the video I appreciate it so the three that are most commonly known are Experian for your business done in Bradstreet for your business and Equifax for your business okay the way the business credit works is that you build business credit by doing business okay so you you whoever says oh you do you need to trade lying yeah well you know what what is it what is it not a trade line is an account okay how are you gonna build business credit how are you gonna build credit you're gonna purchase an item you're gonna purchase a service they're gonna give you credit to purchase it and then you're gonna pay that money back this is not the business credit lottery you actually have to pay the money back that's how the credit is built okay so what these tier 1 and we call these tier 1 because these are the starter accounts or if you're further on down the line there's tier 2 3 all the way up to tier 7 accounts where you can get the bigger lines you can get a hundreds of thousands of dollars in credit only using your EIN number once you've built your business that far ok is it easier to do it if you have good personal credit absolutely and that's what we suggest on this channel it's not all about one of the other you have to have both ok so if you do want to know our information on how to build your personal credit as well make sure you subscribe make sure you hit that like button as well okay because we have a ton of videos I do at least a video or two a week on business as well as personal credit to bring those two together you know what I mean credit nerds unite so yeah that's what we're doing here I got teacher coming out about that too so now when we're doing when we're building our business credit with our iin number we're getting credit in vendor accounts based on how we've set that company up that is the reference okay that is what they want to see on the application alright so the application is gonna ask you for your email your phone number your address we talked about all of that and when you talk about it we'll talk about it even more specifically as we go each and everything all of those things play a role in those approvals the number one thing that plays a role is your business bank account okay your business bank account and if you're on top of that if they can find you on Google if they can find you on four one one if you have a website all of those things are really your references when you get the Tier one accounts and even as you move forward okay so when you're talking about getting Amazon accounts Dell accounts all of those things Sam's Club accounts I mean we get people tens and thousands of dollars on Sam's Club as well with only their iin number we're doing it right here on this channel okay make sure you guys subscribe so that is what is going on out here right now okay you can absolutely get that information you can absolutely get that credit for your business and what you'll be getting is you'll be getting a lot of supplies okay so the Tier one accounts you'll be getting supplies or services so for example you know with Uline you can buy packaging material quill has everything they've got everything Granger tools okay and there's other sites out there that will give you business services and so on and so forth on credit as well so can you build business credit using your EIN absolutely you can make sure that you guys set up the business properly okay make sure that when you go in there and you google yourself or you call your own phone number don't have don't answer the phone with all the kids in the background have a professional email address okay have everything set up properly have a nice website that you can refer people to because a lot of companies are gonna ask that what do you have a website you know you have to look at it from the other person's perspective so when you submit an application for your business what happened you've got somebody on the other end processing the processing that application right they have a checklist that they need to go through to make sure that you're not fraud everything's from fraud fraud fraud so that's what you want to prevent is from being put in that category not because you are but because things don't match up on your profile your foundation wasn't built right your website isn't right your phone number isn't right they can't find you on four one one we can help we got all those links I got a ton of links in the description below to help if you have any questions leave them in the comments I answer all questions in all of the comments you can leave them on any video it doesn't matter to me okay I'm out here on a daily basis I don't have any other job this is not what I just started doing no I've been doing this long before all this okay but to help you guys through this time we want to make sure that you're having other streams of income that you're exploring other options as well so in case you guys didn't know please make sure you hit that like button make sure you guys subscribe this is VLB we talk about business credit we talk about personal credit if you're a creator if you're youtuber we talk about the business of YouTube as well and how to make sure that you guys are growing that business systematically okay I will see you guys in the next one until then b.o.b baby [Music]