yo i 20 what the limit on that citibusiness mastercard and do ya have the link?
The Limit on the citi was 5K, CIti has about 6 or 7 different cards, Cant screw them up, they have a one and done policy.
i am interest in hearing more about ya co-op plan for the dnb paydex.. how will it work and why does the dnb frown on local business banding together ??
The co -op is very simple, dnb has a service you pay for that allows you to check other business' credit, as well as post positive & negative credit based upon your customers' pay habits. Once you have the ability to post credit payment exp with dnb, you now become a trade line for someone else.
When I set the co-op up at first it was 8 of us, 2 out of states 6 in ga 5 in one county, very close proximity. Well we all began posting credit for each other. Dnb begins pulling records for all the companies that crossed reference with the first three that posted, because we were all very close in prox. My company was the dumbmy corp because I was just beginning to fool with this. Long story short I had taken all the steps I needed and had several trade lines , my only mistake was I didnt have my biz lic. dnb checked and said that I wasnt a real business SO my account got red flagged and everybody else that was cross ref. with me got questioned. If everything was on the up biz lic, inc filed with state, phone line, etc they put on your report that others pull on your comp. that you deal with high risk comp.
The more people we have spread out in different states makes it work and look better.
last but least .. what kind of business do ya own.... and u sure got a lot of gas card mofo
My wife has a gift basket company and we do small business set up / consulting. Gas cards come in handy with these high gas prices
Other cards we have home depots' master card and sams clubs' master card.
All the master cards/ visa cards we got after we got our paydex.