Building Business Credit Without a DUNS Number: Everything You Need to Know

Establishing business credit is crucial if you want to expand your company as a business owner. Building company credit can seem like a difficult endeavor, but in order to obtain loans, credit lines, and other financial advantages, it’s essential to have a solid credit score. Is it possible to establish business credit without a DUNS number? is one of the most often asked topics by business owners. We will respond to your query as well as others in this article.

A business is given a special nine-digit identification number called a DUNS (Data Universal Numbering System) number by Dun & Bradstreet. It is used to monitor the credit history and creditworthiness of a company. Although having a DUNS number can aid in building business credit, it’s not the only option. Without a DUNS number, a company can still establish credit by making on-time payments, opening trade credit accounts with suppliers, and applying for loans or credit lines.

Your Costco membership can be converted to a corporate membership. There are two membership options available at Costco: Individual and Business. The business membership is intended for company owners and comes with extra perks like access to Costco Business Centers, cost-free staff membership cards, and special savings on corporate goods.

Yes, Dun & Bradstreet receives reports from Amazon. One of the biggest internet merchants, Amazon, offers a business lending program. In order to assist businesses establish credit, Amazon also submits information to credit bureaus including Dun & Bradstreet, Experian, and Equifax.

The type of membership that is provided is the primary distinction between Costco and Costco Business. Costco is a membership-based warehouse club that provides its members with goods at discounted costs. On the other side, Costco Business is geared for business owners and provides extra advantages including access to Costco Business Centers, free employee membership cards, and special savings on commercial goods. Which bank does Office Depot utilize?

Customers of Office Depot can get credit cards thanks to a cooperation between Office Depot and Citibank. For businesses, the Office Depot credit card provides advantages like exclusive discounts, financing choices, and points on purchases.

Having a DUNS number can aid in building business credit, but it’s not the only option to do it. In addition to asking for loans, establishing trade credit accounts with suppliers, and paying bills on time, there are other ways to establish business credit. Amazon does submit information to Dun & Bradstreet, and company owners can convert their Costco membership to a business membership. Additionally, there are differences in the types of memberships given by Costco and Costco Business, and Office Depot and Citibank are partners.