How to Build Business Credit Quickly in 7 Simple Steps (2025)

How to build business credit fast is the question that often crosses our mind when we start a new business for the first time.

If you have just started a new business and want to grow it, everyone around you will tell you to build strong business credit. This is because it is essential as it shows lenders, suppliers, and vendors how financially reliable your business is and that they can trust you with their money. 

If you want to learn how to build business credit fast, you are in the right place. 

Having a good business credit means that it is easier for you to get approved for loans. It gives you the edge to negotiate better terms with your suppliers and vendors. Your borrowing power also increases and you get low interest rates.

But here’s the main problem: Many business owners don’t realize they need to build business credit separately from their credit.

If you are also one of them, then here’s the good news. You can start building business credit with just a few steps. In this guide, I’ll walk you through how to build business credit quickly and gain credibility and trust in the marketplace.

Difference Between Business & Personal Credit

There are two types of credit scores. You might be confused between the two as both of them seem similar but in reality, business credit and personal credit serve different purposes.

Personal credit is solely related to an individual and describes their financial habits, such as how they manage loans, credit cards, and payments. It’s based on your Social Security Number (SSN) and affects mortgages, car loans, and even some job opportunities.

Business credit is linked to a company and is separate from personal finances. It’s linked with an Employer Identification Number (EIN) and is there to help businesses get loans, and credit lines, and build vendor relationships without relying on the owner’s credit. 

If you have strong business credit, you can expect better financing terms, higher credit limits, and more opportunities for future growth. You won’t have to put your assets at risk.

How to Build Business Credit Fast (7 Easy Steps)

Here’s how you can build business credit fast in 7 simple steps. If you are starting a business for the first time, you need to know the basics. Here’s how to start a business in 2025 from scratch.

1. Register the Business

Start by choosing a business structure. You can register your company as an LLC or a corporation rather than registering as a sole proprietorship because forming a company will separate your personal and business finances. This is the first step that will make it super easy to build business credit.

Then get an EIN (Employer Identification Number). This is like a Social Security Number for a business. To get this, apply on the IRS website for free. You will need an EIN for handling taxes, opening a business bank account, and applying for credit.

Then open a separate bank account for your business. This is necessary as lenders and vendors will look at your creditworthiness before lending anything. This will also make accounting and bookkeeping easier for you.

2. Apply for Dun & Bradstreet Number

Data Universal Numbering System, popularly known as the D-U-N-S Number is a nine-digit number that is given to businesses by Dun & Bradstreet (D&B). This is a number that is used by leaders, suppliers, etc. to assess creditworthiness before working with you. This number is free and you can get it from their website.

When learning about how to build business credit fast, it is a must to get a D-U-N-S number.

3. Register the Business Credit Bureaus

Besides the D&B, the business credit is tracked by Experian Business and Equifax Business. Both of these bureaus collect and assess the data to create a profile for your business.

By registering your business, your credit profile will be visible to lenders, vendors, and suppliers making it easy to get funding and supplies.

4. Open Your Business Credit Accounts

After registering your business with credit bureaus, you need to start building a credit history. You can do this by opening business credit accounts that directly report to these credit bureaus.

Apply for a Net-30 Account as these allow you to buy products for your business and pay the invoice within 30 days. All these vendors will report your payment history to business credit bureaus which will help build credit quickly. Some good vendors include Uline, Grainger, Quill, etc. You should make small purchases and pay quickly to build a strong payment history.

In the next step, you can get a business credit card. You can either get secured business credit cards or unsecured business credit cards.

5. Make On-Time Payments (Or Early!)

When learning how to build business credit fast, people often make the mistake of understanding the things that can make or break their credit score.

A payment history determines your credit score as late payments can be extremely bad and make it almost impossible to get credit in the future. 

You should aim to make timely payments or even before time to earn some rewards from vendors. You can also set up auto-pay options to make things easy. 

6. Monitor Your Business Credit Score

You should regularly monitor your business credit score to avoid any errors that can hurt your scores. To do this, you can check your credit reports from Dun & Bradstreet, Experian Business, and Equifax Business to track your progress. 

There are some tools like Nav or CreditSafe, which provide alerts when there are changes to your credit profile. This makes tracking super easy and is one of the most important steps when wondering how to build business credit fast. 

7. Apply for Higher Credit Limits & Loans (Optional)

This is an optional step but you can apply for high credit limits after establishing a positive credit history for 3 to 6 months. 

By requesting a higher credit limit on your existing accounts, you can easily improve your credit utilization ratio and increase your borrowing power.

If you need more funding, you can apply for business lines of credit or small business loans. With a strong profile, you will be able to get loans on better terms such as lower interest rates and with higher credit limits.

Frequently Asked Questions

How to Build Business Credit Fast – The Bottom Line

By following the above-mentioned steps, you can easily build your business credit quickly. When you are learning about how to build business credit fast, you should also know the different types of credits that are available. 

Some of these business credit include vendor credit (Net-30 Accounts), Trade Credit (Supplier Credit), Business Credit Cards (Secured & Unsecured), Business Lines of Credit, Equipment Financing, Commercial Real Estate Loans, Business Term Loans, Merchant Cash Advances, Invoice Financing, Corporate Credit Cards. 

For building a business credit, you should have patience and be consistent in your efforts. No one can see results overnight so the key is to just stick to the best practices that can help you get better financing options.

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