To build a strong business credit report you will need at least five vendor accounts and three revolving accounts that reports to business credit bureaus. McKenzie Adams can guide you on your Round 1 Tradelines Vendor Accounts with your business EIN. After we have successfully established at least five to seven vendor accounts reporting at least 3 months of payment history or more. We can also guide your you Revolving Accounts .
A revolving line of credit is one where you have a credit limit and are able to pay a minimum amount due every months. Unlike a vendor account the entire balance isn't due in a specified term such as net 30, 60 or 90.
