Don‘t Take a Successful Business and Make It Fail

Let me help you put other people’s money to work for you!”

How OPM Business Credit Works

A business that’s new to the business credit world has a clean slate. So it’s very important what you have written in your business credit file… This information stays with your company for a long time and will effect creditors’ decisions to give you credit.

First we discuss your business goals so we are both working to the same end.You can establish your business by taking out credit with trade credit accounts. We start off by providing you with either net 30 day accounts or revolving accounts.

Each month your credit approval limit should increase.

Somewhere toward the end of the 12 month program we will determine that you are ready for the major credit cards. These are applied for in the last two months of the program as they are difficult to get approved for and their requirements are based on more than just a Dunn & Bradstreet Paydex score.

As you get closer to the end of the program you can review your goals with your account representative. They can provide you with useful information and tips on getting what you want.

When the program is complete your business will be able to stand on its own credit instead of your personal credit. Whether your intention is to secure a company vehicle or secure loans from a bank, your credit will be established and your opportunities far greater than when you started.

OPM Business Credit Builder Program Overview

THE BASICS

Initial account setup – this requires business verification and Power of Attorney

Business Verification – information check on your address/phone, corporation (if applicable), and Dunn & Bradstreet check (if applicable)

Creating a credit profile for your business (if applicable)

Establishing a Tax ID (EIN) for your business (if applicable)

MONITORING

Monthly monitoring of your DNB report and your basic Experian Business profile

Updating your DNB and Experian Business profile as needed (address/phone, other miscellaneous information)

Notifying you if there is any adverse information or incorrect information on either profile

DECISION MAKING

Advise you on the proper course of action to take in correcting the information if it is something beyond our control

Applying for 2 credit accounts per month and following up on the status of applications for your business

Investigating denials and advising you on the outcome

Providing you a copy of your DNB report each time we pull it

OUR PROMISE TO YOU

We stay with you every step of the way to establish your business