How do I get creditor information on my Dun and Bradstreet Report if D&B won’t provide it?

As experts on D&B processes, we have found that many business owners have difficulty finding out the names of creditors reporting them delinquent on trade accounts. D&B often provides misleading and/or inaccurate information to business owners regarding information on their business credit file and refuses to release the sources of such information. But we are able to successfully obtain these pieces of information for business entities and help improve their reports just because we have exclusive knowledge of the D&B system and credit laws. This is indeed truly beneficial for you – and on your business loans requests.

Why should I incorporate or form an LLC?

There are numerous benefits in incorporating or forming an LLC. This is specifically true in reference to building business credit history under a separate business entity. Sole proprietors who apply for financing under their own name will find the history of the loan on their personal credit, and lowered FICO scores and loss of credit because of increased debt. Furthermore, as sole proprietors are one and the same as the business they don’t have asset protection as well as tax advantages offered by a corporation or LLC. Kindly contact the office for more information regarding this matter.

Is a Dun and Bradstreet (D&B) report needed in having a business loan approved?

You certainly need this; this is because of the US Patriot Act and “post 9-11″ legislation which hope to curb illegal business activity, terrorism, loan fraud and money laundering. If you do not have a D&B report and a DUNS number, we greatly recommend that we do this report for you to place you in the best possible position for financing as D&B is not in business to assist you with financing. They merely collect information on companies that they sell to outside banks and other subscribers. It’s simply not in their best interest to see you obtain financing and it takes expert assistance to form a high quality report before loan applications are submitted. To reiterate, a loan application sans a DUNS report has very high chances of being turned down by any lender. Once again, kindly contact any of the GFS professionals so we can help you in securing a business loan.