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After setting up an LLC w/tax ID number, can you establish business credit separate from personal credit?


I've heard yes and no from people in the mortgage industry. I am looking to buy rental properties and would like to keep them off personal credit if at all possible just so I do not have huge installment debts listed under my credit history the further along I get into the business.

Virtually no one is going to give a start up credit without a personal guarantee, which then ties to the debt to you AND the company.

The first step to getting business credit is establishing a D&B number, D&B is Dunn and Bradstreet, they are the equifax of the business world.

Be sure that any commercial credit you get is reporting it to that D&B number.

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