DIY Corporate Credit Series: Using a Free DUNS Number to Obtain Corporate Credit

 In Business, Business Credit, Business Finance, Business Growth

Dun and Bradstreet (D&B) makes it possible for new start-ups, entrepreneurs and small business owners to get business credit. This is done by starting a credit profile with D&B using what the organization calls a D-U-N-S number. You can always get a Free DUNS Number directly from D&B.

Read DIY Corporate Credit Series: Verify Your Business Entity Information

<<<<< Previous Page

6 Benefits of Getting Your FREE DUNS Number

What is a D-U-N-S number? DUNS stands for Data Universal Numbering System (DUNS) number. It’s a 9-character, unique identification number which identifies your company’s location.

6 Benefits of Getting Your FREE DUNS Number

6 Benefits of Getting Your FREE DUNS Number

Here are six lucrative benefits of getting a free DUNS number from Dun & Bradstreet:

  1. Universal Recognition – DUNS numbers are the most widely used identification numbers for US businesses. Most banks, lenders, suppliers, vendors and other creditors use D&B credit reports as determining factors for granting corporate credit.
  2. Establishes Credibility – Your DUNS number shows potential creditors that you care about the corporate image of your business. It’s a sign that you plan to comply with D&B business regulations and are willing to make your company’s information publically viewable.
  3. SSL Certificate – If you decide to apply for an Extended Validation (EV) SSL secure certificates for your website or other type of SSL certificate, having a free DUNS number will speed up the validation process. No document verifications will be needed.
  4. Federal Government Contracts – You must have a DUNS number in order to apply for Federal government contracts. Without one, you won’t even be allowed to register for them in the SAM, the System for Award Management.
  5. Federal Government Loans – If you plan to apply for a loan from the Small Business Association (SBA), you’ll need a DUNS number. Without one, you won’t have access to this type of corporate credit.
  6. Applying for Corporate Credit – Your DUNS number gives potential creditors access to your D&B credit report. This makes it much easier to get approved for business loans and corporate credit lines. Instead of going through a lengthy verification process, lenders, banks and other creditors can simply run your company’s D&B credit report for quick access to references and credit history.

* Remember that you can always get a FREE DUNS number directly from Dun & Bradstreet online.

Already have a business website? Contact The EntreMarketing Group about performing a website evaluation to ensure that your site meets Google’s new mobile-friendly standards today.

Follow Us on Instagram

Tune in tomorrow when we continue this series with ‘DIY Corporate Credit Series: Get Your DUNS Number Free’…

Recommended Posts

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.