5 Reasons You Got Denied Business Credit

#1. You don’t have a Business email address

Underwriters look at the credibility of your business and you should be able to afford a business email address for around $free to $5.00 a month. Why? because underwriters want to contact the business, not an individual.

#2. You don’t have a Business location

It’s great to start a business but underwriters will not take your business seriously if you do not have a business location that is separate from your home address. Why? because this is usually a sign that you have made it, that money is being generated and your company can stand on it’s on.

#3. You don’t have a Business website

Nowadays you can create a really nice website for less than $1,000. Twenty years ago to get business website would have cost you a pretty penny. This is why underwriters look for you to have at least a basic 3-page website that includes contact information, an about section, and what you offer.

#4. You don’t have a Business phone number

Your cell phone or land line is great but a real business does not operate by using a personal home or cell phone. Why because underwriters check the 411 directories to see if the number is properly listed.

#5. Local Business Citations

If your business is not registered in the local business citation; underwriters view your business as though your company does not exist.

These are just a few basics that your company needs to do and if that’s not the cause you can rest assured knowing that your company will not be approved.

If you need some help or more information contact our staff today.

Disclosure: Some of the links in this post are 'affiliate links.' This means if you click on the link and purchase the item, I will receive an affiliate commission.



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