How to Get a $20,000 Limit Business Credit Card with Both Dell and Apple

HOW TO GET A $20,000 LIMIT
BUSINESS CREDIT CARD WITH
BOTH
DELL AND APPLE
WITH NO CONSUMER CREDIT CHECK OR PERSONAL GUARANTEE

(877) 600-2487
info@creditsuite.com
www.creditsuite.com/free-business-loan-consultation

WHAT IS BUSINESS CREDIT
 It’s credit tied to the business and not you, the owner
 It’s linked to the business based on EIN (Employer
Identification Number)
 With business credit, a business can grow its own credit
profile
 A business can start to qualify for credit and financing
 Because the business qualifies for credit, there’s rarely a
personal credit check

 A business can use credit for growing,
making payroll, or upgrading equipment
 The business can use its credit to qualify
for revolving store credit cards like
Staples, Lowe’s, BP, Walmart, Best Buy,
and even MasterCard, Visa, and AMEX
 The business can also qualify for credit
lines, loans, vehicle leasing, commercial
real estate purchase, and much more
 It can be built quickly; you get approved
for vendor credit right away, store credit
within 90 days, and cash credit in 6
months or less
BUSINESS CREDIT

 You can get credit card limits that are 10 -
100 times those of personal cards
 You can have personal credit cards at stores,
and now have a 2nd card at the same stores
for your business
 You won’t need collateral, cash flow, or
financials to get business credit
 Lenders will review your business credit
when determining if they want to loan you
money
 Anyone can pull a business credit report
BUSINESS CREDIT BENEFITS

 Business credit has value and can be included in the price if you sell
your company
 You won’t need a personal guarantee when you want to borrow
money for your company
 Business credit does not affect your personal credit score
 In fact, your business credit has nothing to do with your personal
credit
 The scores can differ dramatically
 With business credit, you won’t need cash flow or collateral
BUSINESS CREDIT BENEFITS

GETTING STARTED: BUSINESS
CREDIBILITY
 You need to build business credibility
 This means you
 Choose a business entity under the IRS’s rules
(corporation, LLC, etc. Stay away from sole proprietorships
and partnerships)
 Get an EIN
 Get an 800 number and a fax number and they are both
listed on 411
 Get a professional-looking website
 Get a business email address with your domain
 Get a physical or virtual business address

GETTING STARTED :
SETTING UP WITH CREDIT REPORTING AGENCIES
 Your business won’t get credit if it doesn’t have a credit
score
 And it won’t get a credit score until you get a free DUNS
number
 This number comes from Dun & Bradstreet (just ask
them)
 It gets you into their system
 But first check, make sure your company isn’t already
listed
 If you have a DUNS number, that leads to a D&B PAYDEX

STARTUP VENDOR CREDIT
 The first credit you can get is with what are called
startup vendors
 Make sure they are vendors that report to the credit
reporting agencies
 These vendors sell things you use every day, like office
supplies, coffee, and shipping boxes
 They will often give you Net 30 terms
 But you usually need to complete 2 or 3 orders first

 Some startup vendors we know
and love are:
 Quill Office Supplies
 Monopolize Your
Marketplace
 Grainger Industrial Supply
 Wells Fargo Business Secured
Credit Card
STARTUP VENDORS

 You will need a DUNS number to get started
 You may also need a PAYDEX score
 They may want trade or bank references
 They might not report sales unless they meet a
threshold (such as $50 total for some)
 Often you need to apply for credit and go through 1
or 2 denials before approval
STARTUP VENDORS

STARTUP VENDOR CREDIT
 You will need 5 of these accounts
 Once you are approved, start paying your bills this way
 As with ALL credit, pay responsibly and on time
 And don’t use more credit than you can comfortably pay
back
 Usually this means keeping your utilization rate under 30%
of your total available credit
 This will take 30-90 days, 60 on average, to get these to
show up on your credit reports

REVOLVING STORE CREDIT
 Once you’ve got your 5 (or more) starter vendors
reporting, you can move onto revolving store credit
 This is credit from places like Amazon, Best Buy,
Staples, and Office Depot
 It ALSO includes Dell and Apple
 But you need your 5 starter vendor accounts FIRST
 Some of these companies have a time in business
requirement – Another reason not to go to them for
credit before you secure your 5 starter vendor
accounts

STORE CREDIT
 Some stores like Home Depot and Staples have longer
time in business requirements
 They can want you to be in business for 3 years!
 Having a professional-looking business pays off now
 Many of these applications want names of an authorized
officer, your annual income and more
 You need to fill out these applications thoroughly to
avoid a denial

REVOLVING CREDIT
WITH APPLE
 Apple’s comes from Barclays:
https://www.barclaycardus.com/appl
y/Application.action
 Rewards are not great unless it’s for
Apple products or dining out
 No annual fee
 Earn Apple Store or iTunes gift cards
for each 2,500 points earned
 Automatically receive a $25 Apple
Store or iTunes gift card

APPLE’S REQUIREMENTS
 Apple wants the following on
their application:
 SSN and Date of Birth
 Mother’s maiden name
 ID number like from a Driver’s
License

APPLE AND BARCLAY’S
 If you are turned down, try again
 Barclay’s is reportedly open to
reconsidering applications
 Use this card solely for Apple purchases!
 The rewards are best for Apple products and
 You can do better on interest with other cards

REVOLVING CREDIT
WITH DELL
 Dell wants accounts payable information
 Credit up to $50,000
 Provided through WebBank
 Interest rate depends on creditworthiness as
determined by WebBank, up to a max rate of
29.49%
 Apply here:
https://www.dell.com/Financing/us/en/04/Transactio
nal/DBCMarcomCreditApp/DBCMarcomCreditApp

DELL’S REQUIREMENTS
 Be in business for at least 6 months
 A PAYDEX score of 78 or more is preferred
 For your application, you will need:
 A current employer name
 SSN and birth date
 Mother’s maiden name
 ID numbers (driver’s license number, state ID,
passport, etc.)
 Call Dell’s Commercial Account Department at 800-999-
3355

CREDIT LIMITS
WITH DELL AND APPLE
 Business credit card limits are nearly always A LOT
higher than for consumer credit cards
 Business credit card issuers know their cards will be
used more often, and for greater expenses
 According to the National Small Business Association,
half of all business owners carry some sort of balance
from month to month, with 9% carrying a balance of
over $25,000. See: http://www.nsba.biz/wp-
content/uploads/2012/07/Access-to-Capital-
Survey.pdf
 So they know you need to use your business credit
cards A LOT

 CreditCards.com says businesses use their credit
cards an average of 20 times per month. See:
http://www.creditcards.com/credit-card-
news/business-credit-card-statistics.php
 A $10,000 credit limit at both Apple and Dell is typical
 Long as you show a good payment history
 So use credit responsibly before you apply!
CREDIT LIMITS
WITH DELL AND APPLE

INCREASING YOUR CREDIT
LIMITS
 Usually, credit limits are increased automatically
 If not, do as follows:
 Have the account open for at least 6 months
 Have a stellar payment history
 Keep your credit utilization percentage below
30%
 Ask customer service (just call them)

 The issuer will likely pull your business credit
reports
 Use your cards frequently – using them more will
help your case
 Ask for a credit limit increase on your best card first
 Having past due payments and other negative
credit history will not help your case, even if those
negatives are on unrelated accounts
LIMITS

 Brand new business credit card accounts won’t get
increases – be patient!
 If your credit limits are too low, don’t worry
 Give it some time and continue to build a good
payment history
 Allow 60 days for these accounts to report
LIMITS

MOVING ONTO FLEET CREDIT
AND CASH CREDIT
 Get 10 of these accounts (so, not just with Apple or Dell,
but also Home Depot, Sam’s Club, etc.)
 As with all credit, use it responsibly
 Qualify for fleet credit to buy, repair, and maintain
vehicles
 Qualify for cash credit, which is Visa, MasterCard, etc.
 If you have a $10,000 limit with a store, you can get the
same credit limit in cash credit
 Keep your SSN OFF these applications so they pull your
business credit reports instead

UNSECURED
BUSINESS FINANCING
 If you can supply a personal guarantee, you can get
UBF
 They WILL check your personal credit, so it’s got to
be good!
 But you can get $25,000 - $150,000 in 3 weeks or
less
 You can get 0% rates for 6-18 months
 Manage it responsibly and you can have excellent
business credit in only 60 days

GETTING TO $20,000
BUSINESS CREDIT CARDS
WITH BOTH DELL AND APPLE
 With excellent business credit, you
can get high limit store credit
 And you can then get cash credit
within 120 days
 All of this is without a personal
guarantee or a personal credit check
 And you can even get this as a
startup, with no collateral and no
cash flow
 We can help

Contact Us for More Information
877-600-2487
info@creditsuite.com
How to Get a $20,000 Limit
Business Credit Card with Both
Dell and Apple
www.creditsuite.com/free-business-loan-

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