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Now that you are the perfect borrower on the personal credit side... let’s make sure your business checks off all the boxes.
A high trust entity setup allows you to get easier approvals & higher limits!
If you do not have an LLC / if you LLC is considered high risk → create a new one.
The LLC should be:
Set up your LLC in your home state, particularly if you're starting a new one. This will make your funding much easier.
There are additional steps for LLCs that are located in other states.
Professionalism is key—setup your business with a domain-specific email and a basic website. These elements reinforce the credibility of your application.
Obtaining a DUNS number is a vital step in establishing your business in the Dun & Bradstreet database, crucial for corporate credit and qualifying for funding.
Order a business credit report through NAV and make sure you do not have any negative history or liens on the business.