How Do You Create A New Credit File At Companies?
• Prepare your business plan. In order to establish a blank-slate credit file, you must have a business entity formed to establish the new credit identity around. Before you proceed to the next step, you will need all of your business details in order, including: • Business name. This may be a “Doing Business As” (DBA) or your own name (if you choose to operate your business under your legal name). • Type of entity. Your business entity may be a sole proprietorship, a partnership, a corporation, an estate, a church, a non-profit organization, a trust, a national guard or a government agency, among others. • Reason for needing a new credit file. The IRS wants to know that you’re either starting a new business, hiring new employees, creating a trust or pension, needing financial services or purchasing an existing business. • Business start date and closing month of accounting year. • Number of employees. If you do not currently have employees, you should be able to foresee how many emplo
