You can access a free copy of your business credit score from Dun & Bradstreet’s CreditSignal program, which provides access to some of your scores through a 14 day free trial or through Nav’s business credit reports which will give you a summary of your business scores from the three main business credit reporting agencies: Experian, Dun & Bradstreet and Equifax.
For full access to your business scores, you’ll have to pay for it. Experian, Dun & Bradstreet and Equifax all offer several different types of paid access to your business credit history from a basic score to comprehensive score improvement tips.Even if you don’t have a business yet, whether it’s a full-fledged endeavor or a side hustle from your corporate job, it’s still possible to get approved for a business credit card.
Be aware that with nearly all small business cards, just like with a personal credit card, you are personally liable for any debts accrued to the card. In other words, if your business fails, you’re still responsible for any debt left on the card.Choosing the best business card for your particular circumstances will be based on a combination of your business spending patterns, your goals in owning a particular business card and your personal credit history.
There are a small handful of business credit cards that don’t require a personal guarantee, like the Brex Corporate Card for Startups or the Stripe Corporate Card, that are aimed at well-funded corporations and require a review of your company’s financials to be considered. For small to mid-sized businesses, you’ll have to agree to a personal guarantee in order to get a small business credit card.
In many cases, a corporate credit card will only require your company’s EIN because corporate cards are designed for bigger companies with lots of revenue. There are very few business cards that don’t require a personal guarantee. One notable exception is the Brex card, which is designed for well-funded startups with at least $100,000 in the bank.
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