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Beyond Level 4
At times your businesses may need additional financing for your business. While these accounts are outstanding partners to work with, the creditors will not report to build your credit with the bureaus. The creditors will however, approve your business for a credit account based on your already established business credit.
LEASE OR LOAN
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D&B number
– Business License- if applicable
– Business Bank account
– Bank reference
– Trade/credit references
– Good business credit history
– Business phone number listed in National 411
– At least 3 years in business
– You will need to provide financial documentation. This may include tax returns from the two most recent years as well as your most recent personal tax return.
– Must have a good Experian business credit score
– Must have a good Equifax business credit score
– Has the option to apply with business liability only, they will advise if approved or PG needed
– If not approved based on business credit history, a Personal Guarantee (PG) is required.
Toyota Motor Corporation is a global automotive industry leader manufacturing vehicles in 27 countries or regions and marketing the company’s products in over 170 countries and regions. Founded in 1937 and headquartered in Toyota City, Japan, Toyota Motor Corporation employs nearly 350,000 people globally.
AT THE DEALERSHIP
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