Business Tradelines

What Are Tradelines & Do I Have Any?

A tradeline is basically just an entry into a business's credit history. Tradelines are created when a credit provider records information about a business credit account and delivers that information to a business credit reporting agency. The information normally recorded about each tradeline includes the name of the credit provider that recorded the information, the type of account, the date when the account was opened, the credit limit for the account, the status of the account, the activity on the account, the balance owed on the account and payments made. Credit reporting agencies commonly sell tradeline information to other companies. The information is often used by such companies to make decisions regarding the creditworthiness of a business.

If you have credit accounts in your business name you may already have a few tradelines. However, there is also a reasonable chance that you may not have any tradelines at all. This is because the credit providers are not required to report positive information to the reporting agencies. In order to make sure that your credit accounts result in tradelines you need to use vendors that are known to report such information even though they are not required to do so. Our Expense Matcher can match your current business expenses to vendors offering credit to help ensure that you are indeed creating tradelines.

Vendor Credit Credit Cards Business Loans Equipment Loans Cash Advances Personal Guarantee

Corporate Structure Virtual Office Net 30 Payment Terms Tradelines DUNS Number PAYDEX Score

Expense Matcher Tradeline Tracker Credit Builder Contact Us

*You may already have existing credit scores which can affect your ability to build business credit. There is no one business credit score which is used by all credit grantors and lenders as the sole criteria to determine the creditworthiness of a business. Our scoring system exists to help business owners view and track the fundability or their business based on user submitted information. Credit grantors and lenders may create their own models based on information such as the type of credit and/or other funding an applicant is seeking. Additionally, there are credit scoring models created by credit bureaus and these may also affect your ability to qualify for business credit or other funding.