How to Get Business Credit

How to start a business and establish business credit.

This is a guide to show you how to start a business and how to establish business credit so you can get business loans and business credit cards for your business.

I tried my best to make this very easy to follow so you can do it yourself. But if you don’t feel you can do it on your own or don’t have time, I can recommend some people to help you out.

To establish business credit you will have to spend money. I will do my best to lay out what the cost will be as you go along in the guide.

Starting your Business

Step 1: Picking a Business Name

When picking a business name I try to pick something that is short simple and kinda explains what the company does if possible. You want it to be simple enough so if you was to tell someone the name of the business that they can easily put it into Google without you asking you how to spell it.

But there are a lot of other things to take in consideration when picking a business name.

Can you get the domain name?
Can you get the name on social media? 

When I’m deciding on a name for a business I use a site called NameCheckr.com.

This will allow you to search a name and see if you can get the domain name, the twitter name, Instagram and more.

If possible you want to have everything available in your new business name so you can sign up to all of them and it will be consistent across all platforms.

You can also use sites like NameMesh.com and DomainsBot.com for more ideas.

Step 2: Do a Business Name Search in your State

Once you have picked a name for your business. You need to search to see if there are any other businesses with the same name in the state you will be registering the business in.

You don’t want to register the business yet. Just do a business name search.

Just because you live in a state doesn’t necessarily mean you have to register the business in that state. But that is a question for your lawyer or accountant.

You do want to know what is required for your state to register you business. In NC where I reside it’s pretty straight forward. But you can do this on your own or pay a service like IncFile.com to register your business.

 

Start LLC for $0 at IncFile

 

I don’t know which business structure you will need, LLC or S Corp. This will be something you will have to talk to your accountant or lawyer about.

If you want to register with your state by yourself here are links to Secretary of State website for every state so you can get started.

STEP 3: Get a Business Address

Before you register the business you want to get a business address. There are a few options to do this without having to lease a store front or office space. You use what is called a virtual office. Basically it’s a company that has space in a business area that let’s business owners use their address. Some virtual office spaces will sign for your packages, take calls for you or even let you use the conference room spaces.

Here are a few options for a Virtual Office Space.

Opus

1Postal.com

Use your business name when you are registering your virtual office.

Step 4: Register your Business

Now that you have the business name and the business address. You now have everything you need so you can register you new business.

Here is the list of all the states so you can register the business yourself. If you like you can also use IncFile.com to register your business and they will do a name search as well.

State DepartmentBusiness DivisionBusiness Entity Search
Alabama Secretary of StateAlabama Business ServicesAlabama Business Entity
State of AlaskaAlaska Division of Corporations, Business & Professional LicensingAlaska Corporations Database
Arizona Secretary of StateArizona Corporation CommissionArizona eCorp Business Entity Search
Arkansas Secretary of StateArkansas Business & Commercial ServicesArkansas Business Entity Search
California Secretary of StateCalifornia Business EntitiesCalifornia Business Search
Colorado Secretary of StateColorado Business OrganizationsColorado Business Database Search
Connecticut Secretary of StateConnecticut Business ServicesConnecticut Business Inquiry Search
State of DelawareDelaware Division of CorporationsDelaware Business Entity Search
District of Columbia Office of the SecretaryDistrict of Columbia Department of Consumer and Regulatory Affairs (DCRA)District of Columbia Business Filings Search (login required)
Florida Department of StateFlorida SunbizFlorida Business Name Search
Georgia Secretary of StateGeorgia Corporations DivisionGeorgia Business Search
State of HawaiiHawaii Business Registration (BREG)Hawaii Business Entity & Documents Search
Idaho Secretary of State
Business
Idaho Business EntitiesIdaho Business Entity Search
Illinois Secretary of StateIllinois Business ServicesIllinois Corporation & LLC Search
Indiana Secretary of StateIndiana’s INBizIndiana Business Search
Iowa Secretary of StateIowa Business ServicesIowa Business Entities Search
Kansas Secretary of StateKansas Business Filing CenterKansas Business Entity Search Station (BESS)
Kentucky Secretary of StateKentucky Business ServicesKentucky FastTrack Business Organization Search
Louisiana Secretary of StateLouisiana Business ServicesLouisiana Business Filings Search
Maine Secretary of StateMaine Bureau of Corporations, Elections and CommissionsMaine Corporate Name Search
Maryland Secretary of StateMaryland Department of Assessments and Taxation Business ServicesMaryland Business Entity Search
Massachusetts Secretary of the CommonwealthMassachusetts Corporations DivisionMassachusetts Business Entity Search
Michigan Secretary of StateMichigan Corporations, Securities & Commercial Licensing BureauMichigan Business Entity Search
Minnesota Secretary of StateMinnesota Business ServicesMinnesota Search Business Filings
Mississippi Secretary of StateMississippi Business Services DivisionMississippi Business Search
Missouri Secretary of StateMissouri Business Services DivisionMissouri Business Entity Search
Montana Secretary of StateMontana Business Services DivisionMontana Business Entities Search
Nebraska Secretary of StateNebraska Business Services DivisionNebraska Corporation and Business Search
Nevada Secretary of StateNevada Commercial Recordings DivisionNevada Business Search
New Hampshire Secretary of StateNew Hampshire Corporation DivisionNew Hampshire QuickStart Business Search
New Jersey Department of StateNew Jersey Department of the TreasuryNew Jersey Business Entity Name Search
New Mexico Secretary of StateNew Mexico Corporations BureauNew Mexico Business Search
New York Department of StateNew York Division of CorporationsNew York Corporation & Business Entity Database
North Carolina Department of the Secretary of StateNorth Carolina Corporations DivisionNorth Carolina Corporate Name Search
North Dakota Secretary of StateNorth Dakota Business ServicesNorth Dakota Business Search
Ohio Secretary of StateOhio Business ServicesOhio Business Search
Oklahoma Secretary of StateOklahoma Business ServicesOklahoma Search Corporation Entities
Oregon Secretary of StateOregon Corporation Division ServicesOregon Business Name Search
Pennsylvania Department of StatePennsylvania Bureau of Corporations and Charitable OrganizationsPennsylvania Business Entity Search
Puerto Rico Departamento de EstadoPuerto Rico Registro de Corporaciones y EntidadesPuerto Rico Búsqueda de Corporaciones
Rhode Island Secretary of StateRhode Island Business PortalRhode Island Corporate Database
South Carolina Secretary of StateSouth Carolina Business EntitiesSouth Carolina Business Name Search
South Dakota Secretary of StateSouth Dakota Business ServicesSouth Dakota Business Information Search
Tennessee Secretary of StateTennessee Business ServicesTennessee Business Information Search
Texas Secretary of StateTexas Corporations SectionTexas Taxable Entity Search
Utah Secretary of StateUtah Division of Corporations & Commercial CodeUtah Business Name Search
Vermont Secretary of StateVermont Corporations & Business ServicesVermont Business Search
Commonwealth of VirginiaVirginia State Corporation CommissionVirginia Business Entity Search
Washington Secretary of StateWashington Corporations DivisionWashington Corporations Search
West Virginia Secretary of StateWest Virginia Business DivisionWest Virginia Business Entity Search
Wisconsin Secretary of StateWisconsin Corporation Section of the Division of Corporate & Consumer ServicesWisconsin Search Corporate Records
Wyoming Secretary of StateWyoming Business DivisionWyoming Business Entity Search

Congrats You Now Have A Real Business!!!

guy celebrating business credit in the street

Now that you have a real business it’s time to get your business “credit ready”. You already started this by getting a business address and using that to register your business. Now you have to add a few more things to make you look more credit worthy to companies and lenders.