THE CORRECT BUSINESS PHONE NUMBER TO MAXIMIZE BUSINESS CREDIT
THE CORRECT BUSINESS PHONE NUMBER TO MAXIMIZE BUSINESS CREDIT
Fundability Requirements
Get Funded
Fundability is your ability to meet lender and credit issuer approval criteria to qualify for financing.
Lenders
Lenders and credit issuers have a secret set of criteria that you must meet to get approved.
Denied Business Funding
When business funding is denied, it’s not because your credit was not good enough or there wasn’t enough revenue. It’s because the basic requirements weren’t met.
Business Funding Factors
One of these business funding factors is your business phone number. The number must be tied to a commercial business address. That address should be shown on the public record consistent all public points of disclosure and the business loan application. Your name must be on the public record as the principal of the company.
Business Phone Number and VOIP
Business Phone Number
The best type of business phone number you can get is a real physical business phone number through a business phone line. If you have a retail location and can get a business phone line in there, it’s the best most credible form of a business phone number you are going to get.
Voice Over Ip
A close second that is easily accessible for all of us is called a Voice Over IP, which you can get at Freedom Voice or Ringcentral.
Fax Number
Once you get a business phone number, get a fax number as well. Having a fax number goes a long way towards making your business appear credible
Voice And Ringcentral
Places such as Freedom Voice and Ringcentral can affordably give you a fax number that is identical to your business’s phone number.
Toll-free Number
Once you set up the business phone number, get a toll-free number.
Business Appear
A toll-free number also makes your business appear more credible to lenders and credit issuers.
411 Listings
Lenders And Credit Issuers
Many lenders and credit issuers won’t tell you that you need to get a 411 listing for your business phone number. This is a sign to lenders that your business is already well established because businesses that are just getting off the ground aren’t listed in 411.
411 Listing
To get a 411 listing, your phone number must be widely available on search engines such as Google, Bing, and Yahoo.
Listyourself.net
The shortcut to easily getting a 411 listing is by going to: listyourself.net.
Avoid Using Mobile
Avoid using mobile and home phone numbers on business loan and credit card applications.
Applications And Websites
Make sure your business phone number is the same on all applications and websites.