Start Your Business Credit File with Multiple Business Credit Reporting Agencies

Strategy - Automatic and On Demand Business Credit Reporting

  • Start Building Business Credit Easily & Automatically

     

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Automatic Business Credit Reporting

This is the easiest way to start building your business credit file with multiple business credit reporting agencies each and every month on autopilot. Basically, you're reporting your existing business accounts that don't report such as utilities and so on.

Also, you have the ability through on demand reporting to add business accounts manually if you can't link them online to your Creditllift account. This is a service that we highly recommend to use as a strategy for building business credit.

You can add up to 8 eligible business accounts and up to 24 months of business credit history by reporting your business landline phone, business mobile phone, internet, cable, web hosting, subscriptions, and utility payments to business credit reporting agencies:

  • Equifax Business
  • Creditsafe
  • Ansonia
  • Dun & Bradstreet**
  • Experian Business - this service DOES NOT report to Experian Business. To establish a business credit file with Experian requires a trade report for which your company has credit with to share payment data with Experian Business. You can find vendors who report to Experian Business in module 4.

*Linked accounts report monthly plus up to 24 months of payment history is downloaded and reported to the business credit agencies depending on what each service provider makes available.

**Note – only the $9.95 monthly subscription is reported to Dun & Bradstreet.

On Demand Business Credit Reporting

If you cannot link your business account online for automatic business credit reporting then you can add it manually via on demand.

Examples of accounts you can use for on demand are:

  • Vendor who doesn't report
  • Equipment leases
  • Web hosting
  • Accounting
  • Advertising
  • Insurance
  • Office/warehouse/storage rental

*With a business lift subscription the cost is $19.95 per on demand account verification. Tradeline with up to 24 months of payment history is reported once.

*To be considered an eligible business account, payment must be made monthly or no less than quarterly with the service provider

How to Get Started with Automatic Business Credit Reporting

How Does it Work?

Step 1: Sign up for a business lift account at http://businesscreditbuilderservices.com for $49.95 set up fee and $9.95 month. (includes monthly business credit reporting)

Step 2: Log in and link up to 8 business accounts

  • They securely download up to 24 months of payment history directly from your service provider’s website.
  • Service automatically reports your ongoing monthly payments from each account linked to Equifax Business, Creditsafe and Ansonia.
  • The $9.95 monthly business lift subscription reports to Dun & Bradstreet

*If service provider does not provide 24 months of payment history online, you can manually verify the additional payment history for $19.95 per account