Hey Brent, got another question for you, take your time as I cannot tip you until Tuesday or Wednesday.
I need to know what solid steps to take to,
A) Disassociate my EIN from my SSN when applying for a small business
loan, if there is a way to do that.
B)I am looking for an effective way to build business
credit in a relatively short amount of time for my LLC
I have a great business plan/model and am looking to obtain a small business loan however my personal credit is very limited, as in one paid off car from a loan that originated in 2004 and a small credit card with a limit of 250 dollars.
I have heard creating invoice accounts is one way but if the phone company doesn't report my timely payment to the personal credit bureau, is a company I establish an account with really going to report my timely invoice payment to their source? Aside from applying for credit cards in my business name, which I assume would require my social at this point and therefore expose my lack of credit and result in no card, how do I accomplish this?
Thank you for your insight!