HOW TO CREATE A CPN & MORE INFORMATION NEEDED
NUMBER ALLOCATIONS (THE FIRST FIVE DIGITS)
Before anything you must know how to create the number you will be issuing. Below is a list of the first five prefixes needed to create a legal CPN/SCN number.
The chart below shows the first 3 digits of the social security numbers assigned throughout the United States and its possessions. The same area, when shown more than once, means that certain numbers have been transferred from one State to another, or that an area has been divided for use among certain geographic locations.
SSN Area Number Location
001-003 New Hampshire
004-007 Maine
008-009 Vermont
010-034 Massachusetts
035-039 Rhode Island
040-049 Connecticut
050-134 New York
135-158 New Jersey
159-211 Pennsylvania
212-220 Maryland
221-222 Delaware
223-231 Virginia
232 North Carolina
232-236 West Virginia
237-246 Not Issued
247-251 South Carolina
252-260 Georgia
261-267 Florida
268-302 Ohio
303-317 Indiana
318-361 Illinois
362-386 Michigan
387-399 Wisconsin
400-407 Kentucky
408-415 Tennessee
416-424 Alabama
425-428 Mississippi
429-432 Arkansas
433-439 Louisiana
440-448 Oklahoma
449-467 Texas
468-477 Minnesota
478-485 Iowa
486-500 Missouri
501-502 North Dakota
503-504 South Dakota
505-508 Nebraska
509-515 Kansas
516-517 Montana
518-519 Idaho
520 Wyoming
521-524 Colorado
525-585 New Mexico
526-527 Arizona
528-529 Utah
530,680 Nevada
531-539 Washington
540-544 Oregon
545-573 California
574 Alaska
575-576 Hawaii
577-579 District of Columbia
580. Virgin Islands
580-584 Puerto Rico
586 Guam
586 American Samoa
586 Philippine Islands
587-665 Not Issued
667-679 Not Issued
681-690 Not Issued
691-699 Not Issued
700-728 Railroad Board**
729-733 Enumeration at Entry
750-772 Not Issued
You can also go to stevemorse.org/ssn/ssn.html (Decoding Social Security Numbers in One Step) This is a great site to work with and it is 100% FREE of charge!
To find specific years between 2003 through 2011 - You can go to ssa.gov/employer/ssnvhighgroup.htm -
This will help you to choose the 2nd set of numbers in the CPN - Once you have chosen the first five numbers you want to use, you pick the last four!
Now the last four are completely up to you! You can pick 481-51 (Iowa) and then choose 9873 as the last four - But here is the tricky part - In order to make sure that this number is 100% clean and does not belong to ANY LIVING OR DEAD PERSON - you must first skip trace this number - This involves using a software that allows you to do so!
You cannot go to SSNVALIDATOR.com and do this - This site is strictly for making sure the number you choose is not in the SSN DEATH INDEX - IT IS FOR NOTHING ELSE AT ALL!
You can check numbers by going to the following places:
1. SSA Business Services - ssa.gov (You must register)
2. Search Bug - searchbug.com (You must register for a business account)
3. Strong Tower - verifico.com (THIS IS THE BEST WAY TO CHECK THEM)
Now once you get the report back that the number does not belong to anyone, this includes a child - Then you are good to go and start building on that number. If it comes back as belonging to someone, then you MUST throw it away and try another number! Now you can still use the first five numbers - But you MUST change the last four!
Once you have successfully created your new CPN number - Now you can go and register it with IRS (Please see attachment "How to register your CPN with IRS)
Once you have done this step with IRS, now you MUST do the following:
TRIMERGE YOUR NUMBER - (Attach your personal information to the CPN)
americanexpress.com
just fill it out, and hit submit - Does not matter what you put as long as the CPN information is in there! After this is done - you MUST wait 72 hours (3 DAYS) to do anything -
Go to DriveTime.com and fill out the "GET APPROVED" Application.
Go to Etrade and open up an Etrade Personal Checking account - It is VERY SIMPLE TO DO. This gives you a bank account that you can use freely to pay anything you do with your CPN.
I also 100% recommend do these items below, this will make your profile strong! The first one is a DEFINITE!
Go to rentalkharma.com and fill out the application - There is a $25.00 fee - this will report up to two years of rental history on your profile which generates a great score! Make sure you have someone (Family or friend) that can verify the info for you! Again this is an EXCELLENT EXCELLENT IDEA for those who want a real fast score!
CapitalOne.com and apply for the secured card. It is a small $49.00 to get it! This is one of the best ways to get that primary line reporting in the next 7-10 days!
Myjewelersclub.com - There is a $99.00 one time fee for a $5000.00 line of credit that reports to all three credit bureaus.
CrownJewelers.com - Be sure to use an active email as your $2500.00 approval goes to the email you put in the application - You buy one small thing, less than $20.00 and you get a $2500.00 line of credit that reports!
Again I highly recommend everyone doing at least two of three above !
ONCE you have done all these steps and generated a score for yourself or the CPN - NOW you can add tradelines or start applying for credit cards - THIS IS TO BE SENT TO YOUR CLIENTS AFTER YOU ISSUE THEM THEIR NUMBER
CPN INSTRUCTIONS
Hello! Purchasing a CPN/SCN number can be one of the most freeing and best decisions of your credit life. Having a CPN is a huge responsibility, but the rewards for developing a strong CPN and taking care of it are worth it! With this number you are not only given a “second chance,” but when you have “fixed” your SSN Credit profile, you may continue
to use this number. The CPN can add an extra layer of protecting, allowing you to keep your SSN safe from fraud.
What is a CPN/SCN?
You may have made this purchase really not knowing what you were getting into. Or maybe that was just me. The CPN is a nine-digit identification number that looks like a social security number (SSN) and may be used in lieu of an SSN, for such purposes as obtaining credit.
According to the Privacy Act of 1974, one has the legal right to keep his/her SSN private.
In certain circumstances, consumers are required by law to disclose their SSN, such as to the Internal Revenue Service, employers, when registering a motor vehicle, buying a firearm, or applying for a federally insured loan. In other circumstances, federal law allows consumers to legally use a separate identification number, hence the opportunity to establish a CPN for a credit file.
CPN’s are commonly used by celebrities, members of Congress, and witnesses protected by the federal government to help protect their privacy and security. And, people like you and I.
IF your number is Randomized or Had shown “Unissued” by SSNValidator.com, these numbers may be good for only 7 to 10 years. Make plans.
OK, for the sake of argument, for the rest of the time I am going to assume that you’ve done some research on this handy little number. That you also know the major in’s and out’s of it. But just in case, I will use this booklet to go over the most common questions, usability, and LAWS regarding the CPN. This is NOT an all inclusive manual on the CPN/SCN, and you the consumer MUST do your own follow-up research to make sure you are complying with Local and Federal Laws.
First off, this is not an “ignore all my previous debt’s” card. Or a get into more credit trouble card. If you receive ANY credit, loan, cars and such with your CPN/SCN number, and you do NOT pay any of your debt back under this number, you will be committing fraud. You can find yourself in a very uncomfortable situation, in jail and/or in a Federal Prison. I know we’re coming on strong, but there is a need to. Some think that they can get away with “burning files,’ or “burning numbers” and not get caught. That is the wrong way to think. It is that vain of thinking that will wind you up in Prison along with other people we know. Yes, WE know people that are doing hard time for burning numbers. They took out loans, made agreements and did not satisfy the debt. Now, they have lost their freedom. Imagine what that would do to you, your family, your name!
Before you make a foolish choice, and think you can out smart our Federal Government, the FBI, and the Financial Institutions, THINK! They have better programs and more man power to find you. And, if you are a file burner, they will find you. Not today, and maybe not tomorrow, but they can and will find you. And if the Law comes to us about you, we will do the right thing.
PS: Fix your SSN Credit to. Do not neglect it.
OK, enough with the heavy. For those of you who’s intentions are right, your life is going to get better! My partners and I have spent many years using and researching this amazing little number! With this number you can start a whole new credit life. You can rent in a safe neighborhood. Drive a decent car. You can get the credit you need. You can hold your head high once again!
Let’s face it; most of us have dropped the ball credit wise. And now you’re in a pickle. So in order to get a car, rent a safe home, get a simple credit card, you need good credit!
There is no way around it! And as you know, that short of committing fraud, you are not guaranteed that 100% of the negative items will be removed with ordinary SSN credit repair.
The CPN number will allow you to build a credit profile in a short amount of time.
Depending upon your budget, you may have 700 to 800 scores in as little as 30 days!
After you have repaired your SSN and satisfied all that debt, you can use your CPN number as a shield to protect your SSN. This is what many Celebrates do in order to protect their identity. Again, we always insist that you fix and repair your SSN. It is important to do so. The SSN is your way to have a better job, and purchase a home. And if need be, receive government help from time to time. These are things that you cannot use your CPN for. You must use your SSN, and you may be turned down for help
because of bad credit. Fix your real credit.
Keep the information for your CPN separate from your SSN and your SSN info separate from your CPN info. If not, you will cause your files to merge, and if your SSN is in rough shape, this will harm your CPN. And did we mention we strongly recommend that you use your CPN to work on your SSN, through Credit Restoration and paying off any outstanding debts?
There is important information in here, and you need to know it. I know that this booklet is lengthy and can come off strong at times. You also need to do more research on your own, as this booklet does not cover everything. This booklet is only a rough out line of the basic do’s and don’ts. Trust me when I say, we have your best interest at heart. We
know what can happen if this number is misused. But we also know what can happen if this number is used and built correctly! FREEDOM!
Thank you for purchasing our product and may God bless you as you honor and keep your commitments!
This list below is the information you will use along with the CPN information. Place it on a card and keep it in your wallet or purse for reference.
1. Name
2. DOB
3. Grandmothers Maiden name. (Different from Mothers)
4. Email Address
5. Phone Number (for Tri-merge, use a Google Voice Number or similar FREE number)
6. Mailing Address. No PO Box, UPS Stores or Mailbox etc., or anyone you’ve used as a reference under your SSN, or have used YOU.
Do not use the same information from your SSN (other than your name and DOB) on your CPN information. Ever.
STEPS:
1) Tri-merge (Skip this step if your CPN/SCN has already been tri-merged)
2) Unghost/Indexing
3) Add AU’s/Primary’s
4) Apply for Credit
5) USE WISELY. Enjoy life and your new credit profile!
Before you Tri-merge, this is some of the info you will use:
CPN Employment:
Your employment will always be Management If you do not have an valid employer to use, and your income will always be between $55,000 and $85,000 per year for Tri-Merging. This is done in order to test and establish the number.
For length of time at employment, put 5 years, 5 months (unless you are not old enough to, then please use 3 years, 3 months) Same goes for length of time at your residence.
Tri-merge Housing:
You can rent or own and your payments or rent will always be $500 per month and you will have lived there for at least 5 years 5 months. You can slightly change the amount of your housing payments if you like, but I wouldn’t go too far over $600 or go under $450.
*** We are not asking you to commit fraud by having a different address and such. Or that you state a certain amount for income. These are steps in to keep your CPN separate from your SSN and what works best to “activate” your CPN. ***
These are the steps to take to make a strong CPN:
Tri-Merge Instructions: (Skip this step if your file is Tri-merged)
1) Go toroadloans.com - Fill out the application that you are Purchasing a auto.
Either use the CPN address or choose that you have not chosen a house. WAIT AT LEAST 24 HOURS.
2) services.quickenloans.com
This takes about 3 days to complete. Fill out the whole application with the information given. If you choose Quicken Loans, fill in that you need a refi. Take the time to “Chat” with them and ask if you are approved. Wait for about 3 days before you apply for credit or apply AU’s.
3) OR bankofamerica.com
These initial three steps will assign the CPN under your name and CPN address.
Wait 72 hours.
*** NEXT, go to CreditKarma.com and set up an account. If it comes up that you cannot be given a score because of a “thin file,” your number is good. Make sure your number has been tri-merged. It’s easy and the steps are listed below, If it still does not work, contact your broker. We will fix it or generate a new number for your.****
From this point you can add an Authorized User (AU) and/or a Primary Tradeline. If you are adding an AU or Primary and are over the age of 25, WAIT until you sign up for Creditchecktotal.com until
AFTER your AU/Primary provider says that the line(s) are added. The reason being, most adults over the age of 25 do not have a blank credit profile and there could be difficulty making your CCT credit update.
Also, if you are trying to get funding, you will want to purchase 2 to 3 AU’s, as you will need THREE lines for any REAL funding. ****
READ FURTHER ON HOW TO UNGHOST OR INDEX YOUR NUMBER
IF YOU PLAN TO TAKE YOUR CPN TO LENDING OR WANT TO MAKE IT STRONGER, DO THESE NEXT STEPS BEFORE YOU APPLY FOR ANYTHING.
With all of the fraud that has been committed using CPN’s, Banks have developed systems on how to “sniff” out a CPN. We have some of the best methods on making your number look like a real person is behind the number. And that is what you are. These steps will index your CPN number and/or CPN address so you're not a “ghost.” You do not have to do these steps. But in our experience, if you want a solid CPN that you can use for many many years, this is the route to go. If not, there is not even a guarantee that you’ll be able to get a credit card, or credit monitoring site.
AND these additional steps could make the difference between you receiving your loan or not. Is this a guarantee? No. There are NO guarantee when it comes to lending and CPN’s. But your chances are greater for success if you follow these simple steps.
1) Get a prepaid phone through either Verizon or ATT. CALL them to register it.
2) Go to listyourself.net and register your CPN Address, your Prepaid phone number and email
3) Go to your local grocery store and sign up for their club card.
4) Sign up for these magazines: Time, National Enquirer, Esquire and such
5) Get a hunting and/or fishing license.
Now your CPN is ready to:
1) Add an AU (Authorized User) and/or a Primary Tradeline (You can do this while or before you index your number)
2) Go to Kohls online, and apply for the card that has the high interested. Your initial credit should be $300. If you add an AU first, chance are your credit line will be higher.
Still no guarantee. Please ask your broker which one if you're not sure. (See instructions below)
3) After you have name your FIRST payment on your Kohls card, and/or your primary trade lines have posted, carefully apply for Fingerhut, Capital One, Credit One, Discover.
Space it out. Don’t do it all in one day. Every few weeks or once a month. Don’t rush it.
4) Do not over apply.
5) KNOW the law. We are not responsible for ANY mis-use of your CPN/SCN number.
This is what you may use your CPN for:
1) Credit Cards
2) Automobile Loans
3) Rentals
4) Loans
5) Checking Accounts. Non interest bearing
What the CPN is not to be used for:
1) Mortgages, unless it is a private mortgage
2) Employment
3) Anything interest bearing
4) Government programs such as Food Stamps, Section 8 Housing, and such like.
You also cannot use this for:
1) Tax purposes, to include employment
2) Any Government programs such as food stamps and such
3) Any type of mortgages other than PRIVATE mortgages
4) Any interest bearing accounts that you would pay taxes on.
In a nutshell, pay your bills, stay within the law, know the law, and you'll be fine. And while you’re at it, talk to your agent about credit repair. It would be wise to have your SSN Credit tip-top also.
And most of all, HAVE FUN!! ENJOY YOUR NEW FOUND FREEDOM!
Thank you for your business!
Hints, Q&A’s and Laws on the following
PLEASE READ THE FOLLOW PAGES FOR MORE INSTRUCTIONS, LAWS AND POINTERS.
This program is not intended to be used as a method of defrauding banks, creditors, or any other Organization that requires your social security number as identification. This program is not a method to avoid paying your existing or future debts. If you created the debt, you are responsible to repay that debt.
However, we will not support, facilitate, nor condone any fraudulent activity. The information here is informational purposes only and for you to use at your own risk. We are not lawyers or any legal services.
Nor are we licensed financial advisers; and any information given is purely what we’ve seen work, and is our opinion on how to properly use your CPN/SCN Profile. Please consult your local and national laws for more information. Please do your own research.
We have a non refund policy because of the work needed to give you the info IF your number is not “working,” contact us, we will validate your claim, and we will generate a new number at no cost for the first one.
FURTHER INSTRUCTIONS AND GUIDELINES
This is some of the SAME information as above.
This chance continually. We cannot always keep up. What worked yesterday may not work today. We cannot do ANYTHING about this.
1. If your birthday was changed because you previously had the credit cards that were specified on the application, you will change it back to your real birthday after doing the cap one application. This means that for step #2 you will use your real birthday. This will then update your credit file to reflect your birthday after the second application.
2. INSTUCTIONS FOR CAPITAL ONE Apply online. When you receive your Cap One card, go online to www.capitalone.com/activate and enroll online.
Do NOT call to activate the card.
Once you do activate please follow these steps (THESE STEPS ARE GOOD TO FOLLOW WITH ANY CARD):
1. DO NOT go and pull money off the ATM for your first transaction (they will freeze your card)
2. DO NOT spend your entire limit in one day. (they will freeze your card)
3. Spend a small amount and make a small payment! To make a payment, I HIGHLY suggest using MoneyGram to do so. You will use the code 1013 + your 16-digit card number. Do NOT go online and pay using a credit/debit card that it attached to your SSN- they will freeze your account and your CPN and SSN will LINK. I also suggest applying for a prepaid card with Rushcard.com using your CPN information, so that you may use this to pay for anything CPN-related.
The method I’ve personally have used, is to set up a bank account online, make with the initial deposit with the above methods, and then pay all my CPN debts through that bank account. Do not go to a bank that you are currently with or currently owe money to.
Wells Fargo, US Bank and Bank of America are great institutions to do business with.
Do right by them and they will take care of you.
4. Wait a full billing cycle and go online to check to make sure that Kohls or Cap One or your other cards have posted. Use Credit Check Total to see whether it has posted. You will have to pay. Deal with it.
5.Once you are approved by Kohls, wait until you use the the card/account and make a payment before you can apply for Capital One, Credit One or the Discover IT
card. You will want to either call or go online to apply. If you are younger than 24, you will want to apply for the Discover IT for Students credit card.
American Express is the most difficult card to get. If you do not have supporting documentation that they will want, don’t apply. They will ask for ID, SSN card and such. You’ve been warned. Do any of the above steps wrong, and the other banks will ask also.
6. Just remember that your CPN is NOT just for credit cards! Once your credit file is where you would like it to be, you can obtain an apartment, cell phone, utilities, personal loans, payday loans, bank account, auto loans, business
loans... It is up to YOU what you do with your new file! Do NOT apply for more than ONE credit line per week.
I cannot stress this enough: Your credit file is BRAND NEW. Do NOT apply for one card after the next. I only recommend one application per week, and you MUST wait for things to post to your credit file before moving on to the next step. You will want to have 3 credit lines on your file before you move onto other lines.
You may also try these services to build credit on your new CPN:
Fingerhut may give you a line of credit of $180 or more. You may be required to put down $30. Make sure you don’t use any cards that have your SSN attached to it.
huttonchase.com they will give you a $1800-$2000 limit
crownjewelers.com they will give you a $2500 limit
myjewelersclub.com they will give you a $5000 limit
oxpublishing.com, they will give you a $3500 limit
masoneasypay.com, not sure of the limit with these people but it's a free Tradeline
leaseville.com they have computers, cameras lots of electronics and will approve anyone
Straight from the FBI website:
Remember the SCN/CPN is solely for credit purposes only. Currently, federal law allows individuals to legally use CPNs for financial reporting and protects those individuals who do not wish to disclose their SSAN. Individuals who acquire CPNs are completely responsible for any debt they incur using this number.(fbi.gov/stats-services/publications/)
Legality of CPN:
Presently, federal law allows the ability for someone to legally use a private ID # for financial reporting purposes instead of a Social Security Number.
Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act:
(a) (1) It shall be unlawful for any Federal, State or Local Government Agency to deny any individual any right, benefit, or privilege provided by law because of such individual's refusal to disclose his or hers Social Security Account Number.
What this means is Federal Law protects those who do not wish to disclose their personal information (SS#) except where required to do so. Disclosure of your social security number is only required when dealing with the IRS, your employer, or when applying for a federally insured mortgage.
Instead of a Social Security Number, you now have the opportunity to establish a Credit Privacy Number (CPN).
A Credit Privacy Number is a new 9 digit number established for financial reporting purposes. This number is NOT a new social. It is simply an available file number at the credit bureaus that can have financial information reported. You have the right to establish this number only once, so do not abuse it.
The bureaus or the IRS can take part in this process to establish your CPN. YOU ARE LIABLE FOR PAYING BACK ANYTHING THAT IS BORROWED with this new CPN.
Further, in example, congress holds special privileges to the law; therefore, their privacy needs to be protected. In another example, witnesses under protection can be located if they use their true social security number for transaction. This is the reason why there is the existence of a Credit Privacy Number program. Reasons are not limited to the previous, so why shouldn't you have a CPN?
Members of Congress plan to reintroduce a bill to restrict the availability and use of Social Security numbers, hoping the effort will reduce identity theft. A Social Security Subcommittee Chairman by the name of E. Clay Shaw, announced at a July 11 hearing that he and subcommittee ranking member Robert Matsui, plan to unveil legislation to restrict the sale and public display of Social Security numbers, establish penalties for violations, limit dissemination of numbers by credit reporting agencies, make it more difficult for businesses to deny services if a customer refuses to provide their social security number. The goal is to improve the integrity of the Social Security number assignment process.
"Congress must act this session to protect the very number it requires each of us to obtain and use throughout our lifetime,” said Shaw.
Q: Why do these organizations insist on requiring your social security number to identify you?
A: Because we allow them to! The sole purpose of your social security number is for tax and social security use ONLY!
The law states that No federal, state, or local government agency may deny you any right, privilege or benefit due to your refusal to provide your SS # for any other reason than producing money for retirement account with the Social Security Administration, the IRS and your employer today.
Credit Bureaus are not legally allowed to "require" your Social Security Number.
In our country’s present credit reporting system a person may be assumed guilty and then must expend a great deal of time and resources to prove his or her innocence.
Additionally, once a negative item is in a credit file it may remain long past the 7 year time period most people believe is used. Additionally, a misreported item can show up in a credit report multiple times.
Q: What Will My New Credit Score Be?
A: Your new credit file will be completely blank, and it will take the acquiring of credit accounts and credit history to attain a new credit score.
Q: Am I still responsible for all my old debts?
A: Yes. You are still completely responsible to handle all of your prior debts.
Q: Is this a second social security number?
A: No. Your new nine digit credit profile number will not be used for any government interactions.
Employment, Drivers License's, Welfare, and any other social welfare was meant to utilize your Social Security Number to gain benefits.
Q: Can I use this number just like a Social Security Number?
A: No. This number is for credit purposes only and is not to be used for the following: Military, Child support, DSS income, SSI, taxes, FHA, VA, or any government programs or funding.
Q: What Can I Use With My New Credit Profile?
A: This new credit profile can be used for credit purposes only. It can be used for attaining credit cards,
car loans, mortgages (private party only), personal unsecured loans and more.
Q: What can I use my new CPN OR SCN Number for?
A: You can use your new CPN Number / SCN Number for any credit reporting purposes.
Use it to opening a bank accounts, credit cards, personal loans, auto loans, apartments, utilities, cable, cell phones, etc.
Q: Am I responsible for the debts on my old report?
A: Yes! You are responsible for all debts on your old report and debts incurred with your CPN Number / SCN Number. You must remember that while you are rebuilding your
credit, you must use your new number wisely.
Q: Is CPN Number / SCN Number Number are legal?
A. Yes. Go to "Is This Legal" page on our website for more info.
Due to certain rights guaranteed by the 1974 US Privacy Act Title V (View The 1974 Privacy Act), federal law allows the ability for someone to legally use a private ID # for
financial reporting purposes instead of a Social Security Number. Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act:
(a) (1) It shall be unlawful for any Federal, State or Local Government Agency to deny any individual any right, benefit, or privilege provided by law because of such
individual’s refusal to disclose his or heir’s Social Security Account Number.
The law states that No federal, state, or local government agency may deny you any right, privilege or benefit due to your refusal to provide your SSN for any other reason than
producing money for retirement account with the Social Security Administration, the IRS and your employer today. Credit Bureaus are not legally allowed to “require” your Social
Security Number. In our country’s present credit reporting system a person may be assumed guilty and then must expend a great deal of time and resources to prove his or her innocence. Additionally, once a negative item is in a credit file it may remain long past the 7 year time period most people believe is used. Additionally, a misreported item can show up in a credit report multiple times. Credit bureaus are private companies and are not affiliated with the government in any way, whatsoever. Although, the credit bureaus would like you to think otherwise.
Q: What will my new FICO be?
A: Any new credit file which is automatically crated by the credit bureaus computer will be blank. You will need to reestablish your credit, by applying for credit cards and other lines.
Q: What does the law say about credit and financial matters?
A: Title 5 of the United States Code Annotated 552(a) known as the Privacy Act, ruled in part: "Right to privacy is a personal right designated to protect persons from the unwanted disclosure of personal information.” - CAN Financial Corp vs. Local 743, D.D., T11, 1981 15F. Sup. 943, 111.
(A)(1) “It shall be unlawful to deny any individual any right, benefit, or privilege provided by law because of such individuals refusal to disclose his or her social security account number".
Pub. L 93-579: (B) "Any Federal, State, or Local Government Agency which requests an individual to disclose their Social Security Account Number shall inform that individual whether the disclosure is mandatory or voluntary, by what statutory or other authority such number is solicited, and what uses will be made of it."
The Equal Credit Opportunity Act (ECOA) prohibits creditors from denying you a loan based on reasons that have nothing to do with your credit-worthiness.
Q: How does this program work?
A: By understanding the law and applying credit re-establishment techniques, our proven techniques specializes in the establishment of credit through a completely separate and legal entity. With your new completely and separate legal entity, you will be able to build a new credit-worthy profile.
Q: How fast can I get credit through my new legal entity?
A: As soon as your new CPN Number / SCN Number has been assigned to you, your new credit profile is created and you can start applying for credit.
Q: Can I use the CPN Number / SCN Number to open Bank Accounts and apply for personal loans?
A: YES
Q: Can I use the CPN / SCN on credit card applications?
A: YES; You can use your new credit profile obtain major credit cards, department store cards, gas cards, auto loans, bank loans, real estate, and any other type of financing you
desire.
Q: Can you use the CPN Number / SCN Number for mortgage?
A: NO
Q: Can I use CPN Number / SCN Number for employment?
A: NO
Q: Will my current credit profile get mixed in with my new credit profile?
A: The only way your new credit profile can get mixed in with your old in our program is by willingly disclosing your old credit profile information with your new one
So again: Pay every debt you incur, be upfront, do not commit fraud, do not use your number for any government loans or programs and you'll be fine!
And have FUN!! Enjoy your new freedom and life!!!
If you have any questions pertaining to the use of a CPN/SCN, please do not hesitate to ask me. If we can answer your question and help you, we will!
Thank you for your business!
If your questions have not been answered above, we recommend you do your own research, Please use your CPN/SCN wisely and responsibly. We assume no liability for use or misuse of YOUR CPN/SCN. You have been give the basic guidelines and instructions and have been given further advice to bring yourself up on the current laws concerning CPN/SCN numbers.
This program is not intended to be used as a method of defrauding banks, creditors, or any other organization that requires your social security number as identification.
This program is not a method to avoid paying your existing or future debts. If you created the debt, you are responsible to repay that debt. However, we will not support, facilitate, nor condone any fraudulent activity. The information here is informational purposes only and for you to use at your own risk. We are not lawyers, legal Services or Licensed Consultant. We have a strict no refund policy because of the work needed to give you the info.
HOW TO REGISTER YOUR SCN/CPN
As you may have learned already, there are many benefits in having a CPN. You are able to build a whole new credit profile, and protect your SSN. With this new credit profile you’ve been able to apply for and receive credit cards,
vehicle loans, and maybe even consolidated some debt.
But what if I told you, you can take this to the next level? What if I told you, you could purchase property with your CPN? I know, we told you you cannot do this. And that is true. Not with the CPN itself. But like anything, there is a way.
If you’ve been taking care of your CPN and building it properly. And by taking care of it I mean, paying your bills on time, not over spending, keeping your DTI (Debt to Income) ratios in check, you’re living within your means. And you've also have either added Primary Trade-lines, or you’ve made your own. Either way, your file is now strong. With a strong CPN File, you can use it as a PG (Personal Guarantor). As a PG you can back a new business, old business, OR back a mortgage loan. But first, you must register your name and new CPN with the IRS.
STEP 1:
Go to the IRS website: irs.gov and click “Begin Application”
Make sure you have all of your information present with you. You have a limited amount of time to complete this.
SELECT YOUR BUSINESS TYPE:
Corporate Users select your business type and proceed by clicking continue.
Personal Use CPN’s selecting Sole Proprietor or Partnerships are preferred. Be aware that one one (1) sole EIN can be issued; so if you previously had a sole proprietorship EIN please proceed the Partnership Classifications.
Again, click Continue
You will select Partnership or Joint Venture. Choose what applies to you then click Continue.
I’m not going to go through each screen as it will be very simple to understand.
On or around Page 5, you will be asked:
Why is the Partnership requesting an EIN?
In most cases, “Started a new business” is the typical answer. Starting a Partnership with Yourself or Others where you are changing or creating a new business name will constitute reason for generating a new EIN for your CPN.
Click to proceed.
Next you'll be asked “Who is the Responsible Party?
If you’re attaching this EIN to an Existing Business you will need to know the Business Name and EIN in the following screen; and your CPN will be attached to your existing business. Typically CPN’s will be attached to an individual; so in the next screen you will need to enter your SSN to proceed.
Do not fret! You will not merge your SSN profile with your CPN profile. The IRS does not share this information with the Credit Bureaus or Creditors.
Click to continue.
Follow the instructions by adding either your business name and EIN if you have one already. If not, add your name and SSN.
Click to continue.
Enter your business address or other address.
Click to continue.
OK, pay close attention!
In the section: Tell us about the Partnership you will:
Legal name of Partnership: Enter the name you used for your CPN (fictitious or otherwise)
Trade name Doing business as: Enter your CPN Number here.
The rest is self explanatory.
Do not over think it. It’s very simple.
Click to continue.
The following questions are usually NO.
Click to continue.
Enter what you do or plan to do. (Just choose one.)
Click to continue.
Choose whether you'd like to receive your information by Email or Mail. Most people choose to receive your
information by mail.
Click to continue.
Save, print, print screen the information that will be given.
You have Incorporated your NAME and CPN. Your EIN allows you the ability to pay taxes on any interest or earning that you’ve made under your CPN. Keep things legal and legit.
STEP 2:
Now that you have properly registered your CPN with the IRS you’ve opened up a new door. This is NOT an exhaustive way to use your CPN and EIN number. YOU are responsible to learn all you need to know to stay within the limits of the law. This is only to “jump start” you and get you going in the right direction.
If you plan on purchasing property with you CPN this is how:
You would fill out the Application like normal; as a business. Only in the SSN section you would use your EIN. The name or name of the business would be “John Smith Inc.”
You may be wondering, where does the CPN play. Very simple. When asked to fill in the section on who is backing the loan (Your PG), you fill in your CPN information. Too easy.
Don’t over complicate this. It’s very simple. Stay within the limits of the law and you'll be fine. And please, pay your bills.
If you have any further questions, please do not hesitate to ask.
This program is not intended to be used as a method of defrauding banks, creditors, or any other organization that requires your social security number as identification.
This program is not a method to avoid paying your existing or future debts. If you created the debt, you are responsible to repay that debt. However, we will not support, facilitate, nor condone any fraudulent activity. The information here is informational purposes only and for you to use at your own risk. We are not lawyers, legal Services or Licensed Consultant. We have a strict no refund policy because of the work needed to give you the info.
General Instructions for Registering in DUNS /SAM
If you have not previously registered in DUNS or SAM, read all instructions below before you register in these systems.
A GUIDE TO BUILDING SMART BUSINESS CREDIT
Establishing business credit can be the key to growing your company
DID YOU KNOW?
* Business Credit can help grow your business
* Sound payment practices are key to a solid business credit profile
* Separating Business Credit and Personal Credit can greatly mitigate your risk
* There are 4 keys to building business credit
* Credit applications can be made easier by following a few simple steps
INTRODUCTION
You may think that business credit has limited application for your business that it matters only when you're trying to secure financing. In reality, business credit is a powerful tool that can help you save money, establish valuable commercial relationships, and, ultimately, grow your business.
That said, business credit may not be easy to understand, and establishing It can be difficult. The goal of this guide is to demystify the topic and provide clear, concise advice on how to develop business credit that works harder for your business over the long haul.
BUSINESS CREDIT BASICS
Let's start with the way you pay.
Do you run your company using a combination of supplier on cheetal tows borrowing power of financing and personal credit maybe adding an equipment your business and puts
lease or commercial loan into the mix? Do you have a few other companies at leers that extend but ease about extending suppliers that extend payment terms, but you buy office supplies mean Taine on a personal credit card, and have the telephone account listed in your own name?
Being inconsistent in maintaining sound payment practices may result in missing important opportunities to build a solid business credit profile. Whereas having a robust history of steady payments to a variety of creditors boosts the borrowing power of your business and puts other companies at ease about extending credit to your firm, says small business legal and financial expert Barbara Waltman, author of The Rational Guide to Building Small Business Credit.
SEPARATING BUSINESS AND PERSONAL CREDIT
It's important to maintain a business credit profile that is distinctly separate from your personal credit profile.
Building separation between the two can help your business develop the credibility that matters to banks, suppliers, and other creditors, according to Waltman. A business credit profile that includes multiple, positive reports from financial institutions, vendors, utilities, telephone accounts, lessors, and other operational credit accounts In your company’s name shows that your business pays Its creditors in a timely manner. Maintaining separation can also protect your personal credit profile should a financial mishap occur in the company, and, conversely, can help insulate your business from anything that might have an adverse affect on your personal credit.
UNDERSTANDING CREDIT REPORTING BUREAUS
Your credit bureau report is at the heart of building business credit.
Credit reporting agencies collect credit data from a wide range of sources.
This information is used to create a profile that illustrates how your business has historically met its financial obligations, which helps prospective creditors
decide whether to take a chance on extending credit to your company.
Most bureaus make It easy to report this data, and standards vary by bureau.
In some cases, businesses are able to report information about themselves.
But in an effort to maintain data integrity, some bureaus use only information that has been verified by a third party, a practice that ensures unbiased reports and helps level the playing field for all businesses.
The majority of banks, credit card companies, and other financial institutions report payment patterns to credit bureaus on a regular basis. However, to make sure you're fully covered, it's a good idea to ask suppliers and business partners to do the same, advises Lite Epstein, author of The Complete Idiot's Guide to Credit Scores.
Why a business credit profile matters
A good business credit profile serves two primary functions: it good business helps your company more easily gain access to the credit it needs at better terms, and it can help you understand more about the your company more companies with which you do business. easily gain access to the credit it needs at Lenders, suppliers, and partners often review business credit refiles to hello them determine the risk involved about the credit to your company. This helps them gauge how likely your companies with which company will paying a timely manner. In short, it hellos them decide you do business.
Whether or not to do business with you. By the same token, you should examine the credit profiles of other companies in order to evaluate the financial stability of a prospective customer, supplier, manufacturing facility, or other business partner.
Although it’s often overlooked, notes Waltman, evaluating a prospective clients commitment and ability to make payments Is a critical step to take prior to extending credit.
“Many small business owners are so excited to make a sale that they don’t do their homework,” she adds. “Remember, it’s not a sale until you get paid. Unless you like to work for free, you need to make sure you get the necessary profile information up front.”
ESTABLISHING BUSINESS CREDIT
So what does it take to build your business credit profile?
The following best practice guidelines offer a perspective on the fastest, most efficient way to get It done:
Borrow and pay. Some businesses think that the only way to establish business credit is to open a business credit card. It is just as important.
While that makes sense for some companies, securing credit to consistently monitor terms from suppliers or taking out a commercial loan can el central offer similar benefits with fewer downsides. Paying according Areal i to agreed-upon terms is the first step in establishing good ceil business credit.
Be visible, (i.e., ensure that your good behavior is reported).
Unfortunately, unless your creditors are reporting timely payments to credit bureaus, a good track record won't help your business credit profile. Ask suppliers and other businesses that extend credit or payment terms to your company to consistently report your payment history. Many bureaus have an option to do so through their websites, or the company can contact the bureau's customer service department for assistance. The more positive reports there are in your company’s profile, the more comfortable other companies or creditors will be doing business with you.
Monitor your company's profile. It is just as important to consistently monitor your company’s credit profile as it is to monitor your personal credit profile, says Waltman. You can order your business credit report from each bureau for a fee, which varies by bureau. It's a modest investment that will help you spot any issues in the file and address or correct them. !n addition, active business credit monitoring can alert you to any fraud being perpetrated in the name of your business. Be sure to check your credit profiles well in advance of applying for new credit so that you have time to address any inaccuracies or problems prior to submitting your loan or other credit application.
Act like a business. Even the smallest operation can benefit from a positive business credit profile. Again, your business accounts (telephone, utilities, leases, loans) should be established in your business’ name. In the early stages of a business, you may need to personally guarantee payment, but the more established your business credit history is, the more likely it is you'll be able to negotiate and secure good credit terms without those guarantees.
KEYS TO CREDIT APPLICATIONS
As your business grows, you'll probably need to Credit applications complete credit applications for your suppliers, an be hay I securing vendors, and other creditors. FT ea.
higher credit lines, and this applications can be key to securing lower interest rates, TL Late lash a flexibility you need to higher credit lines, and gaining the financing flexibility you need grow your business.
to grow your business (and continue to build a strong payment history). Consider the following guidelines before you complete a credit application:
Evaluate your own business credit. It's always a good idea to review your business credit profile before applying for new lines of credit. As discussed above, your business credit profile includes a wealth of information that prospective creditors will use to make decisions about the amount and terms of your credit line. Such information may include payment history, tax liens, judgments, collection activity, and inquiries from other prospective creditors.
Try looking at your profile through the lens of a creditor, reviewing such information as:
= Trade payment history. Does your company have a history of paying its bills on time, or are you routinely late? Late payments in the past may simply be the result of a temporary cash flow crunch, but if your company regularly lags in paying bills, creditors may not see your business as a good credit risk.
= Credit balances. Is your company using a high percentage of its overall available credit? This may be a reason to seek additional credit, but it may also be a warning sign that your firm is overextended. On the other hand, are balances relatively low compared to credit limits? This may indicate good financial management.
= Track record. How long has your company been in business? Startups may be riskier debtors than companies with long histories of paying bills on time.
= Red flags. Review your firm’s credit report for liens or judgments. One or two such reports may not be deal-breakers, but they may require you to explain what happened. If there are items that need explaining, be up front. Perhaps your business had a short-term, cash-flow crunch;
or you lost a key employee, which led to some black marks on the report. It's better to address them than to ignore or hide them.
Get good references. Your business will often be asked for credit references.
Be sure to contact your references ahead of time to ask for their permission to be included on credit applications. Failing to do so could make the contact less inclined to give you a positive reference. There may also be an issue that you aren't aware of-such as an overlooked invoice or other problem that, if reported, could reflect poorly on your business. Try to provide three to four references. It's likely that prospective creditors will ask them:
= How long they have done business with your company?
= What is the maximum credit line they've extended to your business?
= How long does your company typically take to pay an invoice?
= Have there been times when your company hasn't been able to pay on time?
Fill out the form completely. When completing the application, be sure to provide all of the information requested. Skipping sections could lead to delays or even result in your credit line being denied. If you have questions, contact the creditor to get them answered.
CONCLUSION: GROWING YOUR BUSINESS WITH GOOD CREDIT PRACTICES
As you've read, good business credit has an impact on more than just a loan application; it can be at the core of fueling the growth of your business.
It provides access to the funding and payment terms you need to expand and, perhaps most important, build trust in loan application.
Employing good business credit practices doesn’t have to be can be at the core of confusing or challenging. Maintaining a distinctly separate of your business. It business credit profile, staying current on payments to creditors, RO een ensuring that your good payment history is reported to the credit funding and payment bureaus, and monitoring your business credit profile to detect terms you need to. Fraud expand and, perhaps issues or fraud can help your business grow. Optionally, when most important, build you find yourself in a position to extend credit to your customers, trust in any business you have the same opportunity to use the commercial credit tools outlined above to limit your risk.
THINK LIKE A BANKER: THE 4 CS OF BUSINESS CREDIT
To make the most of business credit, it helps to think like a loan officer.
Banks have four key criteria that they typically use when evaluating a business's creditworthiness the Four Cs of Business Credit (Character, Collateral, Condition, and Capacity). Different banks will weight these factors according to their own practices, but it helps to put your best foot forward in each of these areas when presenting your business as a potential borrower.
1. Character. Lenders and creditors want to be sure that they're doing business with reputable companies and not putting themselves at risk of fraud or other negative activity. If your business or personal credit profiles show spotty payment history, liens, judgments, or other red flags you will need to be prepared to explain those factors or accumulate a longer period of steady payments before seeking new credit.
2. Collateral. A financial institution may need to secure a loan based on something of value to your business. It may take the form of business equipment, inventory, or other assets the business owns. Some lenders will seek personal guarantees and may look for personal assets, such as real estate, to secure the loan. The more collateral your business has, the easier it generally is to get the money or terms you need.
3. Condition. A solid business credit profile indicates a strong financial history, (i.e., a business in good condition). To show your business in the best possible light, work with your vendors, suppliers, and other creditors to ensure that they are reporting your timely payments to business credit bureaus. This will help tell the story of your business’ robust health. Lenders and other creditors may look at the personal credit scores of owners or partners in the business, so be mindful of those profiles as well.
4. Capacity. Before extending credit, lenders want to know that your business generates enough revenue to meet the payment obligations. This will be easier for established businesses with a history of sales than it will be for startups. If your business is new, provide information about projected sales and expenses, along with an explanation of how you arrived at those numbers. Be realistic; lenders may compare your projections to industry standards. If you overestimate your expected sales and underestimate expenses, that can be an indication that you may not have done your financial homework well.
Give yourself time to prepare in advance of meeting your lender, and be ready to answer questions about each of these four categories. Look at your business with a critical eye, so that you can anticipate potential stumbling blocks, and be prepared to answer tough questions from your lender. Being prepared can mean the difference between approval and rejection.
BUSINESS CREDIT RESOURCES
As creditors increasingly rely on business credit profiles to make real-time decisions about credit terms, it is more important than ever for your business to build a solid credit profile with a robust history of timely payments. By integrating state-of-the-art technology and superior data, Experian’s Business Information Services is an important resource in helping you build your business credit.
Experian is a leader in providing data and predictive insights for businesses, helping them mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on 99.9 percent of all U.S. companies, with the industry's most extensive data on the broad spectrum of small and mid-sized businesses, including yours.
Learn more about your current profile and how to make it a forceful tool in building your business by visiting us at experian.com.
Steps to establishing your business credit.
Incorporate your business. Even though you may be incorporated when you're reading this, it deserves a mention. With sole proprietorships and general partnerships, the business is legally the same as the owner, therefore, there can be no separation of business credit history from personal. Incorporating a business or forming an LLC creates a business that is legally separate from the owner(s).
Obtain a federal tax identification number (EIN). The EIN is basically a social security number for a business. It is required on federal tax filings, and is also required to open a business bank account in the name of the corporation or LLC. In order to comply with IRS requirements, many larger businesses also require an EIN from their vendors in order to pay them for services provided.
Open a business bank account. Open a business checking account in the legal business name. Once open, be sure to pay the financial transactions of the business from that account. If you use a business credit card (see below) for many financial transactions, be sure to pay the credit card bill from your business checking account.
Get a DUNS Number: Issued by the main adjudicator of business credit, Dun & Bradstreet, a DUNS number is your business’ credit profile number.
Establish a business phone number. Whether you use a landline, cell phone or you use VoIP, have a separate number for your business and in your business’s legal name. List that number in the directory so it can be found.
Open a business credit file. Open a business credit file with all three business reporting agencies: Experian, Equifax and TransUnion.
Obtain business credit card(s). Obtain at least one business credit card that is not linked to you or any other owners personally. Pick a business credit card from a company that reports to the credit reporting agencies.
Establish a line of credit with vendors or suppliers. Work with at least five vendors and/or suppliers to create credit for your company to use when purchasing with them. Ask them to report your payment history to the credit reporting agencies.
Pay your bills on time. Perhaps it should go unsaid, but be sure to pay your bills on time. Like with your personal credit, late payments will negatively impact your business credit.
Steps to establishing your business credit.
General Instructions for Registering in DUNS /SAM
If you have not previously registered in DUNS or SAM, read all instructions below before you register in these systems.
IMPORTANT FACTS
All organization/entity information MUST BE IDENTICAL IN BOTH DUNS and SAM.
You cannot enter one address for DUNS and then a different address for SAM. This will cause a system error and result in significant delays.
You cannot have unequal spacing between words in the primary contact information fields. Be very precise when entering all data.
Certain internet browsers work better than others for navigating the SAM system. If you have technical difficulties, read “Browser Settings for Optimal Use of SAM”:
Obtaining a CAGE or NCAGE code is an important first step in this process. Please scroll to the “Definitions” section below for further information.
For SAM Customer Service, contact:
Federal Service Desk: www.fsd.gov
US Calls: 1-866-606-8220
International Calls: 334-206-7828
You may also contact your DIC point of contact
There is no registration fee for DUNS or SAM for any organization that is a (or is applying for) financial
assistance recipient of the US government, including contracts, grants, and cooperative agreements.
There are businesses that will assist in registration for a fee, but you are not required to make payment to any DUNS representatives for purposes of contracts, grants, or cooperative agreements.
SAM INSTRUCTIONS TO READ PRIOR TO REGISTRATION
Go to www.sam.gov
Click on the “Help” Tab.
Click on the “FAQs” Tab, read the “SAM User Help” information.
Click on the “User Guides” tab, then the “Quick User Guides” tab below.
Read the “Quick Start Guide for Entities Interested in Being Eligible for Grants.” sam.gov
Click on “Full User Guide” and download full instructions for completing SAM registration.
This guide contains step-by-step screen shots to assist in the registration process.
Also under the “User Guides” tab are “Demonstration Videos:”
SAM Overview Video
Register a New Entity in SAM to be Eligible for Grants and Other Federal Assistance
Migrating Your Legacy System Roles
For SAM frequently asked questions (FAQs), go to: sam.gov
Once you have read through the formal instructions on the SAM website, you can use the instructions
below for basic reference when entering SAM organizational information.
If you are awaiting an assistance award from DIC, please email your Grant Specialist once you have
completed SAM registration.
BASIC INSTRUCTIONS FOR COMPLETING SAM ENTITY REGISTRATION
First, complete DUNS registration for your organization. See below for DUNS information.
Create a Personal Account and Login
Click "Register New Entity" under "Manage Entity" on your "My SAM" page
Select your Entity type
Select "NO" to "Do you wish to bid on contracts?"
Select "YES" to "Do you want to be eligible for grants and other federal assistance?"
Complete "Core Data"
Validate your DUNS
Enter Business Information
Enter CAGE code if you have one. If not, one will be assigned to you after you have completed your
registration. Non-domestic registrants must enter NCAGE code.
Enter General Information (business type, etc.)
Financial Info (EFT)
Proceedings detail
Complete "Point of Contact"
The entity's registration should be active in 3-5 business days (10 business days for manual validations.)
DEFINITIONS
DUNS Number
Dun & Bradstreet (D&B) provides a DUNS Number (a unique nine-digit identification number) for each physical location of your business. DUNS Number assignment is FREE for all businesses required to register with the US Federal government for contracts or grants.
If your organization does not have a valid DUNS number, you must request one using one of the methods below. Regardless of the method used, requesting the DUNS number for the first time is free of charge. Please be aware that requesting and renewing a DUNS number may take up to 30 business days.
Via the DUNS website at fedgov.dnb.com
The DUNS website has information available in English only. Requesting a DUNS number is free of charge.
Via an international DUNS office:
dandb.com
dnblatam.com
If your organization already has a DUNS number, please verify that it is valid. The DUNS number must be renewed on an annual basis by either of the two methods below:
Directly through the DUNS website. No fee is charged.
* Contacting the international DUNS office in your country. A fee is charged depending on locality and urgency of request. Contact information can be found here: dandb.com
CAGE and NCAGE Code in SAM
The Commercial And Government Entity (CAGE) Code is a five-character ID number used extensively within the U.S. federal government, assigned by the Department of Defense’s Defense Logistics Agency (DLA). The CAGE code provides a standardized method of identifying a given facility at a specific location. CAGE codes for entities located outside the United States are called NATO Commercial and Government Entity (NCAGE) codes. NCAGE codes are assigned internationally as part of the NATO Codification System (NCS), and are required for all foreign entities or the registration will be considered incomplete.
A CAGE code or NCAGE code will be automatically assigned to you as a part of your entity's registration in SAM. NCAGE is required for all foreign entities or the registration will be considered incomplete. Information on how to obtain NCAGE codes may be found at dlis.dla.mil/Forms/Form_ AC135.asp.
The DLA is the government agency responsible for administering CAGE codes. You should email or call the DLA Customer Interaction Center to clarify the error. Agents are available 24 hours a day, 7 days a week, including holidays. Once the error is cleared then you can go back in SAM and resubmit your registration.
Toll Free: 1-877-352-2255
Commercial: 1-269-961-7766
Email: [email protected]
To research or cross reference what is registered on a recipient’s CAGE or NCAGE code account you can visit the DLA's website (logisticsinformationservice.dla.mil/BINCS/begin search.aspx) and search by "DUNS" or the "Name" of the entity to see CAGE or NCAGE code registration information.
e Directly through the DUNS website. No fee is charged.
* Contacting the international DUNS office in your country. A fee is charged depending on locality and urgency of request. Contact information can be found here: dandb.com/international/
dnblatam.com/DUNSRequest/ESP_Contacts.asp
Incorporate your business. Even though you may be incorporated when you're reading this, it deserves a mention. With sole proprietorships and general partnerships, the business is legally the same as the owner, therefore, there can be no separation of business credit history from personal. Incorporating a business or forming an LLC creates a business that is legally separate from the owner(s).
Obtain a federal tax identification number (EIN). The EIN is basically a social security number for a business. It is required on federal tax filings, and is also required to open a business bank account in the name of the corporation or LLC. In order to comply with IRS requirements, many larger businesses also require an EIN from their vendors in order to pay them for services provided.
Open a business bank account. Open a business checking account in the legal business name. Once open, be sure to pay the financial transactions of the business from that account. If you use a business credit card (see below) for many financial transactions, be sure to pay the credit card bill from your business checking account.
Get a DUNS Number: Issued by the main adjudicator of business credit, Dun & Bradstreet, a DUNS number is your business’ credit profile number.
Establish a business phone number. Whether you use a landline, cell phone or you use VoIP, have a separate number for your business and in your business’s legal name. List that number in the directory so it can be found.
Open a business credit file. Open a business credit file with all three business reporting agencies: Experian, Equifax and TransUnion.
Obtain business credit card(s). Obtain at least one business credit card that is not linked to you or any other owners personally. Pick a business credit card from a company that reports to the credit reporting agencies.
Establish a line of credit with vendors or suppliers. Work with at least five vendors and/or suppliers to create credit for your company to use when purchasing with them. Ask them to report your payment history to the credit reporting agencies.
Pay your bills on time. Perhaps it should go unsaid, but be sure to pay your bills on time. Like with your personal credit, late payments will negatively impact your business credit.
SWIFT Code
SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is a unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also used the codes for exchanging other messages between them. The SWIFT code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office.
First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code (letters and digits) (passive participant will have "1" in the second character)
Last 3 characters - branch code, optional ("XXX' for primary office) (letters and digits)
Currently, there are over 7,500 “live” SWIFT codes. The "live" codes are for the partners who are actively connected to the SWIFT network. On top of that, there are more than 10,000 additional codes, which are used for manual transactions. These additional codes are for the passive participants. The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium.
NAICS
The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. You DO NOT need a NAICS code if you are a non-governmental organization applying for a grant. Credit Companies that only pull Trans Union
Affinity Plus FCU (Join Foundation)
Allegacy Federal CU (Join Assoc during app process)
Applied Bank
Barclays
BBVA Compass Bank
CFNA
Discover (Equifax 50% of the time)
Eaton Family CU (Ohio Only)
Fifth Third Bank
First Premier Bank
GECRB
John Deere Financial
KEMBA Financial CU (Angie’s List Eligible, used to pull Equifax)
Lake Michigan CU (ALS Assoc Eligible)
Lending Club
Mazuma CU (Join Harry 8. Truman Library & Museum)
Mercedes Benz Credit Corp
Merrick Bank
Michigan First CU
PNC (TU 50% of the time)
RBFCU
Smart Financial CU ($60 to join Houston Museum)
State Farm
UMB
VW Credit
Brands:
Amazon Store (GECRB)
American Eagle (GECRB)
Ameriprise (Barclays)
Apple (Barclays)
Ashley Furniture (GECRB)
Banana Republic (GECRB)
Belks (GECRB)
Babies R Us (GECRB)
Barclaycard Arrival
BJ’s (Barclays)
Bridgestone (CFNA)
Care Credit (GECRB)
Chevron (GECRB)
Dillard’s (GECRB)
eBay (GECRB)
Firestone (CFNA)
Gap (GECRB)
Golfsmith (GECRB)
Guide Dogs (UMB)
h.h.gregg (GECRB)
Hooters (Merrick Bank)
JCPenney (GECRB)
Linux (UMB)
LLBean (Barclays)
Cards That Pull Trans Union.txt[6/15/2015 10:17:40 PM]
Lowe’s (GECRB)
NFL Visa (Barclays)
Old Navy (GECRB)
PayPal (GECRB)
Priceline (Barclays)
QVC (GECRB)
Rooms To Go (GECRB)
Sallie Mae (Barclays)
Sam’s Club (GECRB)
Texaco (GECRB)
TJX (GECRB)
Toys R Us (GECRB)
Travelocity (Barclays)
UPromise (Barclays)
US Air (Barclays)
Walmart (GECRB)
Williams Sonoma (Barclays)
Cards That Pull Trans Union.
Commenity Bank Credit Cards:
Abercrombie&Fitch Credit Card
AdWords Business Credit Card
ALON Credit Card
American Laser Skincare
American Commercial Credit Card
American Home Credit Card
American Signature Credit Card
American Credit Card
American Home Furnishings Credit Card
Annie Sez Credit Card
Ann Taylor MasterCard Credit Card
Ann Taylor Credit Card
Arizona Mail Order Credit Card
Arhaus Credit Card
Ashley Stewart Credit Card
Avenue Credit Card
Bedford Fair Credit Card
Bealls Florida Credit Card
Bealls Credit Card
Bealls Outlet Credit Card
Bergner's Credit Card
Blair Credit Card
Blue Nile Credit Card
Bon Ton Credit Card
Boston Store Credit Card
Brylane Home Credit Card
Brownstone Studio Credit Card
Brylane Home Visa Card
Buckle Credit Card
Burke's Outlet Credit Card
Carter Lumber Pro Credit Card
Carson's Credit Card
Carter Lumber Credit Card
Catherines Credit Card
Chadwick's Credit Card
Chadwick's Visa Card
Christopher and Banks Credit Card
The Company Store Credit Card
CosmeticCredit Card
Crate and Barrel Credit Card
Crescent Jewelers Credit Card
Cruise One Mastercard Credit Card
David's Bridal Credit Card
Dental First Financing Credit Card
Design Within Reach Credit Card
Domestications Credit Card
Dots Credit Card
dressbam Credit Card
DUTYFREECOM Credit Card
Dunlaps Credit Card
Eddie Bauer Credit Card
Elder-BeermanCredit Card
El Dorado Furniture Credit Card
Express Credit Card
Fashion Bug Credit Card
FastLine
Fortunoff Credit Card
Fortunoff VISA Credit Card
Friedman's Credit Card
GameStop
Gander Mountain MasterCard
Gander Mountain Credit Card
Garden Ridge Credit Card
Gardner-White Credit Card
Giant Eagle fuelperks! credit card
Goody's Credit Card
Gordmans Credit Card
Goody's Stage Store Credit Card
Gold Violin Credit Card
Grand Rental Station Credit Card
Haband Credit Card
Henri Bendel Credit Card
HealthiPlan
HealthiPlan Medical Credit Card
Herberger's Credit Card
Home& Garden Showplace Credit Card
Ideal Image Credit Card
Home Shopping Network (HSN)
Home Shopping Network (HSN) Mastercard
Jessica London Credit Card
J. Jill Credit Card
Justice Credit Card
Kane Furniture Credit Card
Lane Bryant Credit Card
La Redoute Credit Card
Lew Magram Credit Card
Levin Furniture Credit Card
Little Switzerland Credit Card
The Limited Credit Card
Linensource Credit Card
Lifestyle Lift Credit Card
LOFT MasterCard Credit Card
LOFT Credit Card
Mandee Credit Card
Maurices Credit Card
Marathon Credit Card
Marathon VISA Card
Metrostyle Credit Card
MedChoice Financial Credit Card
MedChoice Premium Credit Card
Monterey Bay Credit Card
MyPoints VISA Credit Card
My World Credit Card
New York&Company MasterCard
Newport News MasterCard
New York&Company Rewards Credit Card
Newport News Credit Card
Norm Thomson Credit Card
Ohio University Alumni MasterCard
OneStopPlus.com Credit Card
OneStopPlus.com Visa
OSH Credit Card
OSH Commercial Credit Card
Overtons Credit Card
Palais Royal Credit Card
PacSun Credit Card
Parisian Credit Card
Peebles Credit Card
Petite Sophisticate Credit Card
Petland Credit Card
Pier 1 Credit Card
Pottery Barn Kids Credit Card
Pottery Barn Credit Card
Priscilla of Boston Credit Card
Premier Designs Credit Card
Rainsoft Credit Card
Reeds Credit Card
Restoration Hardware Credit Card
The RoomPlace Credit Card
Roaman's Credit Card
Samuels Jewelers Credit Card
Sahalie Credit Card
Silhouettes Credit Card
Smile Generation Financial Credit Card
Solutions Credit Card
Spiegel Credit Card
Sports Authority Credit Card
The Sportsman's Guide Visa
Springstone Credit Card
Stage Credit Card
Steeles Credit Card
Taylor Rental Credit Card
Talbots Credit Card
The Tog Shop Credit Card
TigerDirect Credit Card
Torrid Credit Card
Total Rewards Visa Credit Card
Trek Credit Card
True Value Credit Card
UnderGear Credit Card
uTango VISA Credit Card
Value City Furniture Credit Card
Venue Credit Card
Venus Credit Card
Victoria's Secret Credit Card
Virgin America Visa
Vitacost Rewards Mastercard
West elm Credit Card
Westgate Credit Card
WinterSilks Credit Card
Woman Within Credit Card
Younkers Credit Card
Your Tuition Solution Credit Car
CREDIT CARD LENDER LIST
You can start by browsing our cards for banks and card issuers below. You can also use our credit card list to compare credit cards or to find the card with the right features and benefits for
you. Our credit card list has been designed is an easy-to-use tool which enables you to compare rates, type of rewards, types of cards and annual fees. Once you make your choice, the credit card application is only a click away and many cards will give you a decision in less than 60 seconds.
To further educate and inform our customers about choosing the right credit card offer and how to spot the best credit card deal, we provide an extensive credit card selection and different card
types. Here with our list you can learn more on how to take advantage of the various card benefits, as well as better understand their features and their importance to you building a
legitimate credit score.
Another feature of our list is devoted to students, no credit and low credit persons who may be applying for a credit card for the first time. The college student credit cards offer value and
benefits that can lead to greater financial flexibility and freedom, and help you build credit.
SPECIAL CREDIT CARD DEALS: Our credit card list offers a wide range of promotions which may offer bonuses that can be awarded after your first purchase. These awards may come in the form of cash back, air miles, merchandise or other rewards from the issuer that are in addition to the standard benefits that may be stated on your credit card application. You can
also browse our credit cards section to get the lowest interest rate or our business and retail credit cards section to see the best offers for small businesses.
APPLYING FOR A CREDIT CARD: Filling out a credit card application is faster than ever before. To apply for a credit card online, simply provide the information requested, and click on
the submit button. You may get an online decision in as little as a minute, in other cases you will be notified by mail within a couple of weeks. Use our list to browse and compare credit card
offers available to you, all includes a online application. As a disclaimer we must inform you to read any contract fully before completing and submitting your application.
SPECIAL NOTE FOR OPENING APPLICATION LINKS
+ SOME LINKS WHICH APPEAR WITHIN THIS LIST MAY NEED TO BE COPIED AND PASTED DIRECTLY INTO YOUR ADDRESS BAR.
+ We have found some application links which are smaller than 1 line will directly link you to the given application.
» We have also found:
+ LINKS WHICH ARE LONGER THAN 1 LINE:
+ WILL NEED TO BE COPIED AND PASTED INTO YOUR WEB ADDRESS BAR;
+ To direct you to the correct application address.
This is due to the length of the website address which in some case will need to be
copied and pasted into your address bar to make it work properly.
+ Sorry for any inconvenience this may cause.
RETAIL CREDIT CARDS
FUNDING CREDIT CARD LIST WITH APPLICATION LINKS
Abercrombie & Fitch Credit Card onlineaccess.mycreditcard.cc
American Dream Card Master Card americandreamcard.com
American Eagle Visa ae.com
Amazon.com Platinum Visa Credit Card amazon.com
Amway Global Visa Credit Card bankofamerica.com
America's Christian Credit Union Credit Cards americaschristiancu.com
Amtrak Guest Rewards MasterCard firstusa.com
Ann Taylor Credit Card anntaylor.com
Ann Taylor MasterCard anntaylor.com
Audi Visa Signature Credit Card audiusa.com
Avon Old Farms School Visa cardpartner.com
Banana Republic Credit Card secure-bananarepublic.gap.com
Barnes & Noble Credit Card barnesandnoble.com
Bass Pro Shops Outdoor Rewards Visa bankofamerica.com
Belk Credit Card onlinecreditcenter2.com
Bergdorf Goodman Credit Card bergdorfgoodman.com
Best Buy Credit Card bestbuy.com
Best Buy Reward Zone MasterCard bestbuy.com
Black Belt Rewards Visa partnersfirstcc.com
Bloomingdale's Credit Card bloomingdales.com
BMW Platinum Visa Credit Card bmwusa.com
Boat U.S. Platinum Plus Visa bankofamerica.com
Boyds Bears Visa Platinum boydsstuff.com
Brighter Planet Visa Credit Card orighterplanet.com
Brooks Brothers Credit Card onlinecreditcenter2.co
Brooks Brothers Platinum MasterCard brooksbrothers.com
Budweiser Credit Card usbank.com
Buy.com Platinum Visa Card ssl.buy.com
Cabela's Club Visa Credit Card cabelas.com
Cache Visa Card cachevisa.com
Casual Male Credit Card casualmale.com
Celebrity Cruises Visa Credit Card bankofamerica.com
Chevy Chase Bank Credit Card chevychasebank.com
Chrysler Rewards Visa portal.rewards-catalog.com
Citi Forward by MySpace myspace.com
Coldwater Creek Credit Card firstusa.com
Coors Credit Union Credit Card coorscu.org
True Earnings® Card from Costco and American Express americanexpress.com
Delta Community Credit Union Visa deltacommunitycu.com
Dillard's American Express Card onlinecreditcenter2.com
Dillard's Credit Card onlinecreditcenter2.com
Diner's Club Carte Blanche Card dinersclubus.com
Diner's Club Charge Card dinersclubus.com
Direct TV Rewards Visa barclaycardus.com
Disney Rewards Visa Card - from Chase disney.go.com
D.L. Evans Bank Corporate Credit Card dlevans.com
E*Trade Financial Platinum Visa us.etrade.com
Expedia Corporate Travel Charge Card cardpartner.com
Expedia Corporate Travel MasterCard cardpartner.com
Express Credit Card (Express Fashion Credit Card) onlineaccess2.mycreditcard.cc
Free Spirit World MasterCard freespiritmastercard.com
Gap Credit Card secure-www.gap.com
Garfield Visa commercebank.com
GE Money Net Rewards Card gemoneycards.com
Good Sam Club Visa Credit Card partnersfirstcc.com
Goodyear Credit Card goodyeartires.com
Green Dot Prepaid MasterCard / Visa greendotonline.com
Green Pay MasterCard greenpay.com
Gymboree Visa Platinum Credit Card usbank.com
Habitat for Humanity Credit Card bankofamerica.com
Hancock Bank Platinum Visa hancockbank.com
Harley-Davidson Credit Card harleydavidsonvisa.com
Harleysville National Bank Credit Cards online1.elancard.com
HAS Advantage Visa Platinum Card hasadvantage.com
Hello Kitty Credit Card sanrio.com
Helping Hands Visa cardpartner.com
Helzberg Diamonds Credit Card helzberg.com
Hess Visa Platinum Card from Chase firstusa.com
Hilton Honors Visa Card from Citi citicards.com
Hilton Honors Platinum Credit Card from American Express americanexpress.com
Holy Cross Credit Card holycross.edu
Home Depot Commercial Account Credit Card accountonline.com
Home Depot Commercial Revolving Charge Card accountonline.com
Home Depot Credit Card citicards.com
Honda Rewards Visa Credit Card firstusa.com
Hooters Credit Card hooterscard.com
HSBC Platinum MasterCard disclosure.hsbccreditcard.com
Icelandair MasterCard juniper.com
IKEA Credit Card ikeacards.com
Indianapolis Motor Speedway Credit Card bankofamerica.com
International Brotherhood of Magicians Visa partnersfirstcc.com
International Military Community Executives Association Visa cardpartner.com
Power Cash Card jacksonhewitt.com
ISPFCU Credit Cards ispfcu.org
J. Crew Credit Card www.jcrew.com
JC Penney Credit Card onlinecreditcenter2.com
Juniper Visa with iTunes Rewards store.apple.com
Kawasaki Good Times Credit Card kawasaki.com
King Size Credit Card kingsizedirect.com
King Size Rewards Visa Platinum kingsizedirect.com
Kirkland's Credit Card onlinecreditcenter2.com
K Jazz 88.1 FM Visa cardpartner.com
Kohl's Credit Card hitp:/Awww.kohlscorporation.com
Kroger Credit Card - Kroger 1-2-3 Rewards MasterCard krogerpersonalfinance.com
Ladies Auxiliary VFW Credit Card bankofamerica.com
La Quinta Visa Rewards Card firstusa.com
Latina Style Visa Platinum applications.usbank.com
Lexus Pursuits Visa Credit Card lexusfinancial.com
Linens-N-Things Credit Card onlinecreditcenter6.com
L.L. Bean Visa Credit Card lbean.com
Lowe's Credit Card onlinecreditcenter2.com
Lowe's Project Card lowes.com
LPGA Credit Card bankofamerica.com
Mack Credit Cards (Fuel & Service or Mack MasterCard) mfscards.com
Macy's Credit Card macys.com
Marriott Rewards Premier Visa Signature Card firstusa.com
Marriott Rewards Signature Visa Card firstusa.com
Marriott Rewards Visa Business Card firstusa.com
Meijer Credit Card meijer.com
Meijer Platinum MasterCard meijer.com
Meijer Prepaid MasterCard meijer.com
Menards Credit Card menards.com
Men's Wearhouse Credit Card menswearhouse.com
Mercedes-Benz Visa Credit Card awardscatalog.com
Mercedes-Benz Visa Signature Card awardscatalog.com
Merrill+ Visa Credit Card card.ml.com
Metro PCS Prepaid Visa Card metropcs.com
Metro style Credit Card (formerly Lerner Catalog Credit Card) metrostyle.com
NAPA Credit Card napaautocare.com
Neiman Marcus Credit Card neimanmarcus.com
Nordstrom Credit Card about.nordstrom.com
Nordstrom Platinum Visa about.nordstrom.com
Nordstrom Visa Signature Card about.nordstrom.com
Office Depot Credit Card (Personal) officedepot.com
Office Depot Worklife Rewards Visa myworkliferewards.com
OfficeMax Credit Card (Personal) officemax.com
Old Navy Credit Card oldnavy.gap.com
One Call Credit Card onecall.com
One Cause Visa Platinum onecause.com
Options Xpress Platinum Visa optionsxpress.com
Overstock.com Rewards Visa overstock.com
Payless Shoe Source Visa barclaycardus.com
PayPal Debit Card paypal.com
PayPal Plus Credit Card paypal.com
Pier 1 Credit Card pier1.com
Pier 1 Rewards MasterCard firstusa.com
Planet Hollywood Credit Card applications.usbank.com
Plum Card from American Express americanexpress.com
Princess Cruises Credit Card barclaycardus.com
QuickBooks Platinum Plus for Business MasterCard bankofamerica.com
Quicken Rewards Visa firstusa.com
Quik Trip Credit Cards quiktrip.com
QVC QCard qvc.com
Rabbinical Assembly Credit Card cardpartner.com
Radio Shack Credit Card radioshack.com
Rainbow Card Credit Card rainbowcard.com
Saks World Elite MasterCard saksfifthavenue.com
Sam's Club Business Credit Card samsclub.com
Sam's Club Credit Card samsclub.com
Sam's Club Discover Cash Back Card samsclub.com
Sam's Club Discover Miles Card samsclub.com
Sears Card Credit Card citibank.com
Sears Commercial One Credit Card citibank.com
Sears Gold MasterCard citibank.com
SEEDS Visa cardpartner.com
Select Comfort Credit Card selectcomfort.com
7-Eleven Visa Credit Card firstusa.com
Sheetz MasterCard firstusa.com
Shopko Visa juniper.com
Shop NBC Credit Card shopnbc.com
Shop NBC MasterCard shopnbc.com
ShopRite Rite-Rewards MasterCard firstusa.com
Sit4Less.com Credit Card sit4less.com
Six Flags Platinum MasterCard firstusa.com
Smith Barney Chairman Card smithbarney.com
Smith Barney Citi PremierPass Card smithbarney.com
Smith Barney Platinum Select MasterCard
smithbarney.com
Smith Co Visa cardpartner.com
Sotheby's Credit Card onlinecreditcenter6.com
Starbucks Card Duetto Visa starbucks.com
Target Credit Card redcard.target.com
Target Visa Card redcard.target.com
Toys "R" Us & Babies "R" Us MasterCard Credit Card firstusa.com
Travelocity Rewards MasterCard leisure.travelocity.com
Victoria's Secret Credit Card onlineaccess2.mycreditcard.cc
Wal-Mart Credit Card onlinecreditcenter2.com
Wal-Mart Discover Card walmart.com
PREPAID, SECURED AND STUDENT CREDIT CARDS
All-Access Visa Prepaid Card allaccesscard.com
Allow Card Prepaid MasterCard allowcard.com
Account Now Prepaid Master Card cstrk.net
American Express Card for Students americanexpress.com
American Savings Bank Secured Visa asbhawaii.com
American Savings Bank Student Secured Visa asbhawaii.com
Applied Bank Secured Visa onlineacceptance.appliedbank.com
Applied Bank Secured Visa Gold Credit Card onlineacceptance.appliedbank.com
Bank of America Secured Visa bankofamerica.com
Bank of America Student Visa Platinum bankofamerica.com
Chase +1 Student MasterCard firstusa.com
Citi Forward Card for College Students creditcards.citicards.com
Citi Platinum Select Card for College Students citicards.com
Citi Secured MasterCard citicards.com
Discover® Student Card discovercard.com
Discover® Student Open Road Card** discovercard.com
Eufora Prepaid Credit Card links.ncsreporting.com
Fifth Third Bank Secured MasterCard 53.com
Finium Prepaid MasterCard galileoprocessing.com
First Premier Bank Corporate Credit Cards firstoremier.com
First Premier Gold Credit Card firstoremierbankgold.com
First Vineyard Prepaid Credit Card firstvineyard.com
First Miami Student Credit Union Visa fmscu.org
Key Bank Student Credit Card key.com
Merrick Bank Secured MasterCard secure.merrickbank.com
Mio Prepaid Credit Card miocard.com
MYV U Platinum Select Visa Card for College Students citicards.com
MY plash Prepaid Credit Card myplash.com
National City PayCard Direct nationalcity.com/main/pages/choosezip.asp
New Millennium Bank Secured MasterCard or Visa securesite.icommissions.com
Orchard Bank MasterCard orchardbank.com
PAY JR Prepaid Credit Card payjr.com
Payoneer Cash Link Prepaid MasterCard payoneer.com
Ready Debit Visa readydebit.com
Sony Student Visa firstusa.com
Sovereign Bank Student Credit Card applyonlinenow.com
Starbucks Student Card Duetto Visa firstusa.com
State Farm Student Credit Card statefarm.com
US Bank Young Adult Visa Card usbank.com
Wells Fargo College Visa Credit Card wellsfargo.com
Wells Fargo Secured Credit Card wellsfargo.com
Western Union Prepaid MasterCard westernunion.com
GAS CARDS
BP Business Solutions MasterCard Fleet Card bpbusinesssolutions.com
BP Business Solutions Fuel Card bpbusinesssolutions.com
BP Gasoline Card (BP Gas Credit Card) firstusa.com
Chevron Business Credit Card chevrontexacobusinesscard.com
Chevron Credit Card / Texaco Credit Card chevrontexacocards.com
Chevron Texaco Visa onlinecreditcenter2.com
Citgo Celebrity Credit Card citgo.com
Citgo Fleet Credit Cards citgo.com
Citgo MasterCard Credit Card citgo.com
Citgo Plus Card citgo.com
ExxonMobil Business Credit Card exxon.com
ExxonMobil Credit Card exxon.com
ExxonMobil Fleet Credit Card exxon.com
ExxonMobil MasterCard citibank.com
Exxon Preferred Credit Card exxon.com
Giant Eagle Fuel perks! Credit Card onlineaccess.mycreditcard.cc
Marathon Platinum MasterCard firstusa.com
Shell Credit Card accountonline.com
Shell Fleet Credit Card citibank.com
Shell MasterCard shell.us
Shell Select Member Credit Card accountonline.com
Sunoco Credit Card sunocoinc.com
Sunoco Fleet Credit Cards sunocoinc.com
Sunoco MasterCard sunocoinc.com
Sunoco Universal Card
sunocoinc.com
BUSINESS CREDIT CARDS
Amazon.com Business Credit Card amazon.com
American Express Business ExtrAA Corporate Card corp.americanexpress.com
American Express Business Gold Rewards Card americanexpress.com
American Express Business Green Rewards Card americanexpress.com
American Express Business Platinum Card americanexpress.com
American Express Corporate Card corp.americanexpress.com
American Express Executive Business Card americanexpress.com
American Express Platinum Business Credit Card americanexpress.com
American Express Simply Cash Business Card americanexpress.com
Blue for Business from American Express americanexpress.com
Citi Business Card citicards.com
Costco True Earnings Business Card from American Express americanexpress.com
First Bank Business Visa Credit Card (California, Colorado) efirstbank.com
GM Business Credit Card gmbusinesscard.com
GM Card (GM Flexible Earnings Card) hsbcapply.com/start/gmflexcard
GM Extended Family Card gmextendedfamily.com
Office Depot Business Credit Card officedepot.com
Office Depot Worklife Rewards Visa Business Card myworkliferewards.com
OfficeMax Credit Card (Business) officemax.com
OfficeMax Credit Card (Corporate) officemax.com
LARGE BANKS AND MISC CREDIT CARD OFFERS
AAdvantage Bronze MasterCard from Citi citicards.com
AAA Rewards Visa Credit Card (Northern California, Nevada, Utah) firstusa.com
AAdvantage American Express from Citi citicards.com
AAdvantage Bronze MasterCard from Citi for College Students citicards.com
AAdvantage Citi Business Card creditcards.citicards.com
AARP Rewards Platinum Visa Credit Card firstusa.com
AARP Travel Plus Visa Signature Card chase.com
Air Canada Credit Card bankofamerica.com
The American Express Gold Card americanexpress.com
American Express Platinum Card americanexpress.com
American Express Platinum Cash Rebate Card americanexpress.com
American Express Preferred Rewards Gold Card americanexpress.com
American Express Rewards Plus Gold Card americanexpress.com
American Savings Bank Visa asbhawaii.com
American Savings Bank Visa Gold asbhawaii.com
Am Trust Bank Rewards American Express Card applyonlinenow.com
Am Trust Bank World Points Credit Card applyonlinenow.com
AT&T Universal Business Rewards Card creditcards.citicards.com
AT&T Universal Savings Platinum Card citicards.com
AT&T Universal Savings & Rewards Card citicards.com
Banco Popular Credit Cards bancopopular.com
Bancorp South Credit Card bancorpsouthonline.com
Bancorp South MasterCard Business Card bancorpsouthonline.com
Bank of America Accelerated Cash Rewards American Express Card bankofamerica.com
Bank of America Cash Rewards Credit Card bankofamerica.com
Bank of America Choice Privileges Visa bankofamerica.com
Bank of America Visa Gold bankofamerica.com
Bank of America Visa Signature with World Points bankofamerica.com
BB&T Visa Business Credit Card bbt.com
BB&T Visa Corporate Card bbt.com
BB&T Visa Purchasing Card bbt.com
Blue from American Express americanexpress.com
British Airways Visa Signature Card firstusa.com
Capital Bank Credit Cards capitalbank-nc.com
Central Bank Credit Cards (Illinois) centralillinoisbank.com
Central Bank Credit Cards (Kentucky) centralbank.com
CFCU Credit Union Visa mycfcu.com
Charter One Circle Rewards MasterCard charterone.com
Charter One Platinum MasterCard charterone.com
Chase Freedom Credit Card chasefreedomnow.com
Citi Diamond Preferred Rewards American Express Credit Card citicards.com
Citi Platinum Select MasterCard creditcards.citicards.com
Citizens & Northern Bank Credit Cards online1.elancard.com
Comerica Bank Credit Cards comerica.com
Commerce Bank Commerce Miles Visa Gold (Kansas, Missouri, Illinois) commercebank.com
Commerce Bank Special Connections Credit Card (Kansas, Missouri, Illinois) commercebank.com
Continental Airlines World MasterCard continental.com
Credit One Bank Credit Cards creditonebank.com
Delta Sky Points Credit Card from American Express americanexpress.com
Discover Open Road Card” discovercard.com
Dollar Bank City Pride Visa dollarbank.com
Dollar Bank Valued Customer Visa dollarbank.com
Farm Bureau Bank MasterCard farmbureaubank.com
Fifth Third Bank Professional MasterCard 53.com
Fifth Third Bank Responsible MasterCard 53.com
First Bank Rewards American Express Credit Card (California, Illinois, Missouri, Texas) applyonlinenow.com
First Bank of San Luis Obispo Credit Cards firstbankslo.com
First Financial Credit Union Credit Cards (New Mexico) ffnm.org
First Hawaiian Bank Credit Cards fhb.com
First Interstate Bank Credit Cards firstinterstatebank.com
First Merit MasterCard or Visa Standard firstmerit.com
First Merit Visa Platinum Card firstmerit.com
First National Bank Omaha Bucks Back Visa firstnational.com
First National Bank Omaha Commercial Edition Visa firstnational.com
First National Bank Omaha Maximum Rewards Visa Credit Card firstnational.com
First National Bank Omaha Platinum Edition Visa firstnational.com
First National Bank of St. Louis Credit Cards fnbstl.com
First National Bank & Trust Credit Cards (Arkansas) fnbmh.com
First National Bank & Trust Credit Cards (Florida) firstbankcardservices.com
First National Bank & Trust Credit Cards (Michigan) fnbimk.com
First Responders Credit Card firstresponders.com
First Trust Bank Credit Cards yourbankcard.com
First Security Bank Credit Cards (Arkansas) fsbank.ifworld.com
First Security Bank/First State Bank Credit Cards (Montana) fsbmsla.com
First Tennessee First Travel Visa firsttennessee.com
5Star Bank Credit Cards afbabank.com
Florida Atlantic University Credit Card bankofamerica.com
Franklin Templeton Bank & Trust Platinum MasterCard ftbank.com
Huntington Bank World Points Credit Card huntington.com
Iberia Bank MasterCard creditcards.iberiabank.com
Iberia Bank MasterCard Gold Cash Bank creditcards.iberiabank.com
Iberia Bank Visa Platinum Rewards Card creditcards.iberiabank.com
Jeep Rewards Visa portal.rewards-catalog.com
JetBlue Business Card from American Express americanexpress.com
Miles by Discover® Card discovercard.com
MINI Platinum Visa Credit Card 4myminicard.com
M&T Bank Visa mtb.com
National City Everyday Rewards Visa nationalcity.com
National City Points Visa nationalcity.com
National City Scrapbook Rewards Visa nationalcity.com
National City Travel Rewards Visa nationalcity.com
National City Visa Buxx Card nationalcity.com
National City Visa Travel Money Prepaid Credit Card nationalcity.com
PNC Bank Business Credit Card pnc.com
PNC Bank Select Rewards Visa pnc.com
Precious Moments Credit Card bankofamerica.com
Rainier Pacific Bank Credit Cards rainierpac.com
RBC Bank Business Credit Cards rbcbankusa.com
RBC Bank Low Rate Visa Gold rbcbankusa.com
Sovereign Bank MasterCard or Visa applyonlinenow.com
Speedway Super America Credit Cards speedway.com
Speedway Super America MasterCard speedway.con
Visa Black Card blackcard.com
Wachovia Visa wachovia.com
Wells Fargo Prime Rate Visa Credit Card indexcreditcards.com
Wyndham Rewards MasterCard bankofamerica.com
Direct Credit Bureau Lender List
*What lender use which credit bureau?”
This section contains the names of which bureau pulls from which credit bureau. Use the information below to maximize your inquiry to loan approval ratio.
How to add Primary Tradelines to a Credit File Everything you need to know about Primary Tradelines
by: CHRISTOPHER HENRY
TABLE OF CONTENTS
Introduction
Chapter 1: Secrets that some well known credit gurus use to build their
customers credit.
Chapter 2: A Sample Promissory Note
Chapter 3: Filing a note/Agreement along with UCC 1.1
Chapter 4: Filing Process Summary
Chapter 5: Rules in Filing
Chapter 6: Sample Security Agreement
Chapter 7: Filing out a UCC 1
Chapter 8: About UCC Article 9
Chapter 9: Releasing the Collateral
Chapter 10: Filing a UCC-3 form
Chapter 11: Alternative way: Setting up a Corporation
11.1 Thing you need in setting up a Corporation
11.1.1 Business Address
11.1.2 Nature of Business
11.1.3 Social Security Number
11.1.4 Type of Business
11.1.5 List of Officers
11.2 The Protection of a Corporation
11.3 Free Tip
Final Word
What you are about to learn is one of the big secrets that some well Known credit gurus use to
build their customers credit.
The purpose of this information is to show you how to add personal loans and leases to your personal credit report. The method you will learn is the same technique that banks, auto dealers, and property managers use. We will be using the UCC (uniformed commercial code) to place trade references on your report. Article 9 of the commercial code deals with secured transactions any loan, lease, rental, or purchase where collateral is used to secure terms.
Credit bureaus are connected to a public filings database that updates every 24-72 hours. They automatically receive all liens and bankruptcy information after it is filed at the county, state, or federal level. UCC financing statement is a form of public filing. It is filed with your local County Register's office. Credit bureaus check public records as a part of their investigation. Reporting these public records has an effect on the credit rating of your personal credit. By the way it can be also used for improving business credit.
I could always go into a lot of legal jargon and accounting terms, but | feel it would be better to dive straight into explaining how all this works.
Let us began.
I will use a story to help illustrate how everything works. | will try to make it as simply as possible. Really anyone can do it and you certainly do not need a lawyer.
Before we proceed please keep in mind that in the following story, MY FRIENDS credit will improve after the UCC process is complete.
A friend of mine came to me and asked if he could borrow some money.
He only needed $10,000. I knew he was good for it so I agreed under one condition. We agreed that I will file a UCC-1 and will need to show some collateral to secure the loan.
UCC is a financing statement that tells the “public” that collateral is held between parties for an agreement between the parties. In this case the agreement is the $10,000.00 loan (which will be put on paper of course) and the collateral will be made public knowledge (using UCC filings that will be referencing the agreement). The agreement will also be filed publicly.
My friend agreed to use a 4-wheeler, some computer equipment, and an old banged up car as collateral. He said he would only need the loan for 90 days so | decided not to charge interest. We agreed that he would pay me $3,333.33 a month for three months.
A piece of collateral will be released after every payment. We also decided on what order the collateral will be released. First the computer equipment, then the 4-wheeler and finally the car (This is very important and | will explain later). After we finished hashing out the details | wrote out everything on a piece of paper. This paper (an agreement) also listed the collateral used (making it a security agreement).
I told him that he could keep possession of the collateral at his home but I would need the serial numbers off everything. We then went to a local notary to get the promissory note witnessed/signed.
I gave him the money and he was on his way. It is now left up to me to fill out a UCC-1 financing statement for that agreement that we signed.
A sample promissory note (form of agreement) can be purchased from Staples or downloaded free from the web.
Frankly it can even look as simple as the one below.
John doe of °°" agrees to borrow $10,000 from gboogie of "°°" day of September 2020. This loan is to be repaid no later than 90 days tromp this date at zero percent interest. This loan will be secured by collateral listed below.
‘The terms of this loan are as follows; Three payments of $3,333.33. The first payment will be due thirty days from the date of this note at which case a piece of collateral will be released on the schedule listed below and all claims to that particular collateral will be terminated. COLLATERAL: 1988 Mitsubishi precis VIN NUMBER uld4k39nn68dr4k83 3st2 2005 compact Presario with monitor and printer. serial numbers cp2£332,lx54wq2,gen02 11)s.2007 ban
After the first payment is received The computer equipment will be released.
After receiving the second payment on time the 4-wheeler will be released.
Before I file a UCC I must go to the local courthouse to have the original agreement registered with the county. This would be your local County Register’s office. Some counties give you a hard time when trying to register a promissory note if it does not involve real estate (like a lease).
If this is your case, simply file the note/agreement along with the UCC-1. I have found that it is easier at the state level.
Filing the agreement creates a file number that can be referenced on the ucc-1. The aim is to file BOTH the agreement and the UCC -1 form. Now any investigating Credit bureau will find a UCC filing against the individual (or corporation - for business credit). As they look further into it they will also find the agreement that the UCC was filed for, in the public records.
This way there will be a complete picture of what the UCC was about.
Remember the UCC does NOT have details of the agreement and hence credit bureaus would want to look further when they find a UCC in the public records.
Bureaus want a complete picture of the individual’s financial position.
After about two months of the initial filing, the UCC will be amended indicating a release in collateral as the corresponding agreement is fulfilled. So in our example, as my friend pays back the loan, each payment will result in a release in collateral. Since there are 3 total payments there will be 2 amendments and the 3rd will be a termination of the UCC. So in summary | filed a UCC, waited about 2 months and than filed an amendment every month for 2 months after that. Then on the 3rd month it will be time to terminate the UCC, since the complete loan is paid off. This is similar to a loan from a bank being paid off. As a result my friend’s credit report will have developed a solid trade line.
Here is a quick summary of the process:
Two (or more) parties get into an agreement. Make it legal by signing and notarizing it.
The secured party files a UCC -1 statement indicating the collateral being secured.
The UCC is then amended showing the collateral being released as the loan is paid off little by little (as the agreement is fulfilled little by little).
Finally the UCC is terminated.
There is section for UCC on all credit reports, business and personal. It shows any transactions that were made by way of collateral (security). By filing an Ucc-1, along with a security agreement and promissory note listing the details of the transaction you create a credit reference on your credit report. When the bureaus pick-up all of these public filings and finally show that the lien was cleared, your credit will improve. Remember that the one that is clearing their collateral, the party that borrowed the money will have their credit improve. In our story it was my friend.
Now I will show you have to fill the forms.
Please follow these rules when filing:
UCC financing statement is a form that can be obtained from the website of your County Register's Office or from the office itself.
The main purpose of the UCC financing statement (UCC-1) is to indicate the collateral (and its description) that is used to secure a separate agreement.
The agreement and the UCC financing statement are two separate documents.
The Register's office is there to help you with the UCC filing they are NOT there to help you build your credit.
You do NOT need an attorney to prepare these documents.
Above all keep it simple.
Sample Security agreement:
The difference between a simple promissory note and a security agreement is that the latter contains the details of the collateral as well. A simple promissory note does not contain collateral details. A promissory note and a security agreement are very straight forward to fill out.
SECURITY AGREEMENT
THIS SECURITY AGREEMENT (the “Security Agreement’) is entered info by and between JOHIN DOE (the “ASSOCIATE” Jof 1200 elm st queens ny 11434, and GBOOGIE("Secured Parly"jof 146-42 177 st rochdale village NY.
RECITALS
A. Associate has borrowed funds and may borrow through subsequent advances additional funds, from Secured Party pursuant to a $10,000 Secured Convertible Promissory Note of even date herewith (the "Nete")|
B. As security for its repayment obligations under the Nate, Company has agreed to grant Secured Party a security interest in all of its assets on the terms sel forth in this Security Agreement.
NOW, THEREFORE, to that end and in consideration of the premises, covenants and agreements sel forth below, and the mutual benefits to be delved from this Security Agreement, and other good and valuable consideration, the parts hereto agree as follows:
1. SECURITY INTEREST. To secure the “Obligation” (as defined below),
Associate hereby transfers, conveys, assigns, and grants to Secured Party a security interest in Associate's assets, which covers the following items: 1988 Mitsubishi precis VIN NUMBER u1d4k39nn6dr4k833st2,2005 compact Presario with monitor and printer. serial numbers cp2f332 bS4wq2,gen021 ij. 2007 banshee 4-wheeler (hereinafter,
collectively, the “Collateral”)
2. OBLIGATION. This security interest is given as security for all indebtedness and obligations owed by Associate to Secured Party, whether now existing or hereafter incurred, under this Security Agreement or the Note,
THE ABOVE SPACE |S FOR FILING OFFICE USE ONLY
1. DEBTOR'S EXACT FULL LEGAL NAME . insert anty one deblor name (aor 1b) do nol abbreviate oF combine named
1a. ORGANIZATIONS MAME
OR [i INDIVIDUALS LAST MAME PST A MIDDLE MAME SUPPOC John DOE Randall te MAILS ADL SS ary STATE POSTAL CODE COUNTR 123 spring st anytown usa | 12345 USA fd TAXI §=SSN OR EIN Anon INFO RE [Te TYPE GF CecANLEA TION 1) JUIRESORC TOM OF ORIGAMIZLA TIM 19. ORGANIZATIONAL ID #, @ aey ORGANIZATION DEBTOR | | WM
2. ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME - inset only one editor name (2a of 2b) «do not abbreviate or comment: nares 2 DRIGANRIA TIONS MAME OR Tos INDWVIDUALS LAST NAME FIRST NAME MIDDLE NAME SFFR
3c. MAING ADORESS ar STATE [POSTAL COLE COUNT
Ba TAKID® SENGREN |ADOLINFORE [28 TYFEGFORGAMMZATION [21 JURISDICTIONOF ORGANLEATION [2g CRGANZATIONAL ID's, any ORGANIZATION DEBTOR I \ ne rk
When filing an Ucc-1 on a personal level, it is a good idea to have a friend or family member extend the loan to you. That way they can file in their
name. In the above example “John Doe” would be you.
UCC Article 9 is a part of the “commercial code”; this form also applies to secured transactions between businesses as well.
That will help business credit. This is why you see “organizations name”, and “type of organization”. For our purposes we will ignore those parts of the form. Never list your SS# on the form, it is not needed. Under organization id, check the box that says “none”.
3. SECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/P) - insert only one secured party name (3a or 3b)
3a. ORGANIZATIONS NAME
OR 3b. INDIVIDUAL'S LAST NAME FIRST MAME W
3c. MAILING ADDRESS cry
4. This FINANCING STATEMENT covers the following collateral Line 2 is there just in case there is more than one person involved in the transaction that also is in a secured debt relationship with John Doe on this filing. Because it is just John Doe on this transaction all of line two will be left blank.
Line3 list the secured party (lender). It is filled out the same way as line 1 but with the lenders name. At this point I know the form seem easy to fill out. Almost too easy.
Line 4 is where we list the collateral we spoke about earlier. The collateral must be described with as much detail as possible. At this point you should have your promissory note already registered with you local clerk of court. This is very important if you want this filing to be structured as a trade line. Having your note registered with a local authority gives it a registration number that needs to be listed within the collateral section (line 4) of the UCC-1 financing statement. This causes a reference to the details of the secured transaction that the bureaus will sniff out. This information will then be posted to the credit.
I want to clarify this again, since it will give you a very clear picture of the process. Remember that the financing statements do not list the dollar amounts they only list the collateral. The details of the agreement, like the dollar amount will only be found when the bureaus “find” the original agreement in the public records. This is why we give the location of the details (by reference # to the original agreement). The reason the bureaus would pursue it, would be to get an accurate read on your financial position.
ORGANIZATION DEBTOR
ECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR SIP) - insert only one secured party name (3a or 3b) 24, ORGANIZATION'S MAME 36, INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE I
Boogie Gee it
MAILING ADDRESS cir STATE
353 elm st anytown usa his FINANCING STATEMENT covers tee following collateral:
1988 Mitsubishi Precis Vin number uld4k9nnGSdr4k833st2,
2005 Compact Presario, With monitor and printer. Serial numbers ep2f332(CPU), Ix54wq2(printer), gen0211)s(monitor).
2007 Banshee(4-wheeler)Serial mO0b2shg4fetd
All collateral is secured in pursuant to the agreement and terms stipulated in the promissory note dated and registered with this county clerk of court in the state of registration number XXXX-XXX-AXX. For details of this agreement please refer to county clerk of court in the stateof_ note registration number XXXX-XXX-XXX|
AML f ¥
Bare ie bree fine
Line3 list the secured party (lender). It is filled out the same way as line 1but with the lenders name. At this point | know the form seem easy to fill out. Almost too easy.
Line 4 is where we list the collateral we spoke about earlier. The collateral must be described with as much detail as possible. At this point you should have your promissory note already registered with you local clerk of court. This is very important if you want this filing to be structured as a trade line. Having your note registered with a local authority gives it a registration number that needs to be listed within the collateral section (line 4) of the UCC-1 financing statement. This causes a reference to the details of the secured transaction that the bureaus will sniff out. This information will then be posted to the credit report. | want to clarify this again, since it will give you a very clear picture of the process. Remember that the financing statements do not list the amounts they only list the collateral. The details of the agreement, like the dollar amount will only be found when the bureaus “find” the original agreement in the public records. This is why we give the location of the details (by reference # to the original agreement). The reason the bureaus would pursue it, would be to get an accurate read on your financial position.
Please flout the following dorm. You carrot agene date typed into this form.
SECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/F) - insert only one secured party name (3a or 3b)
ORGANIZATIONS NAME.
This FINANCING STATEMENT covers the owing collateral core.
UCC 3, releasing the collateral:
A UCC-3 must be filed to indicate this release of collateral an update to the original UCC-1. This will reflect that a part of the agreement had been satisfied, and states what collateral is still being used to secure the remaining balance. Once you have filed the ucc-1 and it is time to update
it and release collateral, you must file a UCC-3 form. Let’s say after about 2 months of filing the UCC-1.
UCC FINANCING STATEMENT AMENDMENT
FOLLOW INSTRUCTIONS (Iron and back) CAREFULLY NAME & PHONE OF CONTAGT AT FILER foplonall
SENG 4CKNOWLEDGNENT TO: (Name and Address.)
TERMINATION
CONTINUATION
ASSIGNMENT
AMENDMENT (PARTY INFORMATION).
CURRENT RECORD INFORMATION
As you can see, the format is still the same. After you file your ucc-1, it will be given a file number. That number will go in line 1a. For releasing collateral we will be focusing on line number 8.
OR,
fb. INDIVIDUAL'S LAST NAME FIRST |
fc. MAILING ADDRESS CITY
7d. SEE INSTRUCTIONS ADD'L INFO RE |7e. TYPE OF ORGANIZATION 7f, JUR ORGANIZATION DEBTOR
8. AMENDMENT (COLLATERAL CHANGE): check only one box.
Describe collateral []octet or C1] added, or give entire [ ]restate collateral descript
At this point | am sure everything is pretty obvious. Just tick “deleted collateral” and add all the deleted collateral! Terminating the UCC
If you have reached this far the terminating of the UCC should be easy.
The SAME form that was used for the amendment of the UCC will be used for the termination.
You would simply tick mark point 2. Termination.
Everything else on the form remains the same except there is no change to collateral since this is a termination.
We do realize that you might want to keep your personal credit/finance issues separate from friends or family. We can offer an alternative.
Instead of having you and your friend carry this out you can actually do it with a corporation.
Setting up a corporation is simply a matter of getting an EIN number and a tax id number for a corporation you set up. Search the web for any of the companies that help get you incorporated. You do not need a lawyer for this. In fact just go to www.irs.org and tell call the help desk. Ask them for an EIN for a C - corp set up. Than you can go to your states website and get the certificate of incorporation.
Main things you need are:
A business address. You can make it a home based business. If you have another address you can use that but remember that any mail for the business should come to that location.
Nature of business: You can call it "Business management”. Something generic remember we are just talking about UCC filings and not business credit. Refer to the website for business credit etc.
Your SS#.
Type of business: To make it easier let’s say a C corp. structure. After you try this UCC method you will realize that there is a whole finance world out there. A C-corp. always allows more flexibility.
Main officer: Of course you are the main officer and hence will sign any documents for decision making. At this point do realize that if you want a relative or a friend to be the main officer you can do that.
Since the whole point of opening a corporation is to have a separate legal entity your friends or relatives are not really directly involved. They have the "protection" of the corporation. But for this example let us say that you are the only officer of the corporation.
After that you have to simply take the corp. papers that you receive (that have the EIN number and Tax ID number) and pay Office-depot a visit. At office depot you can order a corporate kit that will have the company seal.
Every time you sign a paper involving the corporation you will use the seal to stamp the company name much like a lawyer does.
Creating a corporation creates a separate legal entity. In effect the corporation can file a UCC against you and vice versa. If you want to improve your credit, have the corporation file a UCC for money that you owe the corp. Follow the same process as outlined previously when you were involved with an agreement with your friend.
When it is time to sign the promissory note you would be signing BOTH as you as an individual and as the corporations chief officer. Be sure to stamp it with the company seal.
By now I am sure you realize that this is real solid information and I am telling you that the world of business credit has even more potential. If you do not have a business at present — do not worry. Just be open to the tremendous opportunity available.
Of course if you already have a corp you can actually make the corp the debtor, you can lend your corp money. That will help build the credit of the business.
Here is a free tip:
Say you have a corp and you file a UCC for an agreement between you and the corp. The agreement states that the corp borrowed money from you (so the corp is building credit). If both parties involved (you and the corp) agree you can actually back date the agreement. As an example the agreement states that the deal was made (the money was borrowed) one year ago EVEN though the agreement was signed just a month ago and EVEN though the business was not even incorporated a year ago.
Yes that is True. Strictly speaking you do not have to be incorporated to start a business. You might need to incorporate for certain licenses (etc.) but not to start conducting business.
The beauty of this is that it becomes a part of your business credit file and lenders can see that you really were in business before the business was actually incorporated. That actually is a very good way to backdate the corporation. Of course the agreement has to be notarized etc . The rest of the process is the same.
Look beyond fancy websites. As far as “no non-sense” information about credit - we have no peers.
One final word:
Do not go overboard with any aspect of filing. For example the number of UCCs filed and the dollar amount on the agreement should be reasonable. It should look realistic on your credit report. This is a completely legitimate process and it should be one of your big secrets to credit building. So use this technique with care and hand it out with care.
A number of years ago a person could become an authorize user of another person’s credit and assume that cards complete credit history.
That really was too good and too easy. Well guess what - everyone started doing it and now that simple method does not work at all. So please be careful with this powerful UCC filing method.
Start as soon as possible and do not rush the process.
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They disclaim any warranties (expressed or implied), merchantability, or fitness for any particular purpose.
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TABLE OF CONTENTS
INTRODUCTION: A WISE INVESTMENT
CHAPTER 1 : CREATE A BUSINESS THAT GETS CREDIT EASILY
THE WISDOM BEHIND HOW THE IRS VIEWS YOU
UNWISE BUSINESS IDEAS
TYPES OF BUSINESSES AND THE IMPACT ON BUSINESS CREDIT
CHAPTER 2: BUSINESS CREDITOLOGY
THE THREE BUREAUS
SOME BASIC BUSINESS CREDIT CONCEPTS
THE SCORING MODELS OF THE DNB
PERSONAL GUARANTORS AND GUARANTEES DEMYSTIBIED
CHAPTER 3. GETTING MERCHANT CREDIT
WHAT YOU SHOULD KNOW BY NOW
TYPES OF VENDORS THAT WILL GIVE YOU INSTANT CREDIT
WHY VENDOR CREDIT IS IMPORTANT
CHAPTER 4: ALL ABOUT CREDIT CARDS AND CREDIT LINES
TRUE BUSINESS CREDIT CARDS
WHO GIVES OUT BUSINESS CARDS?
WHAT’S AN UNSECURED CREDIT LINE AND HOW IT FUNCTIONS
CHAPTER 5: PUTTING IT ALL TOGETHER: A STEP BY STEP PLAN
WATCH AND FOLLOW GURU IN ACTION TO LEARN THE FIRST FEW UNSECURED CREDIT CARDS AND A CREDIT LINE OF UP TO $100K YEAR 1 AND BEYOND THE OTHER OPTION: SHELF COMPANIES DEFINITION OF A SHELF COMPANY WHAT A BROKER ISN’T GOING TO TELL YOU
TABLE OF CONTENTS (CONT'D)
CHAPTER 8: SOME FINAL WORDS OF WISDOM, PASSIVE INCOME OPPORTUNITIES, AND GOOD RESOURCES
FOR FINANCING
APPENDIX OF VENDOR
APPENDIX OF BANKS
INTRODUCTION: A Wise Investment!
Matt Says...
“The world of business credit consists of two separate groups of people, the Masters and the Apprentices. The main divider between both is knowledge, for there is nothing the Master can do that the Apprentice can’t.”
You now have the one source that will save you thousands of dollars in lost broker fees, bad advice and scams. For some, that’s worth the price of the book already. If I had a teacher (in a book or in person) like this when I was starting out building my business credit, it would have saved me countless of hours of research, headaches and awful expensive advice.
When I was an Apprentice in the world of Business Credit, I ran into countless brokers or business credit services providers in this market who knew nothing, yet charged $6000 - $25,000 a pop for shelf companies, credit lines and other over the top offers. I often heard tall tales about what is and isn’t possible with a company. I was confused, distraught and felt completely lost in the dark. Every second that passed by, I felt that I was somehow losing ground. If you find yourself in the same situation, rest assured, you are not alone. This is the common fate of the business credit Apprentice.
Alternatively, business credit Masters exist and operate in a different realm. They flow in and out of the business world being able to attain lines of credit, credit cards, and letters of credit without any difficulty.
They are rarely ever led astray or misled for they know what is possible and what isn’t. Not only are they able to guide their own credit identities using certain time tested principles, but they also never ask any business credit brokers for advice even though some may opt to use a broker’s services. For our purposes, these Masters are considered Guru. They can exist as teachers, leaders or at the very least knowledgeable entities in the realm of business credit. I am a Guru. And if you’re willing, I’m going to teach you how to become one.
What you're reading now is a straight to the point hands-on approach to understanding and creating business credit for your startup. That’s right; Startup. And not the kind that has raised $50M from a venture capitalist in Silicon Valley. I’m talking about the old fashioned startups that most of us create on a shoestring (or non-existent) budget. Throughout the book, I assume you have no revenues and no clients. If you find yourself in a better position than that, good, but it’s hard for me to imagine a startup in a worse position. Frankly, it doesn’t even matter if you’re incorporated yet and actually better if you’re not as I discuss the benefits and problems with each individual entity. I lay it all out for you in an easy to read guide that you can come back to over and over again.
As you'll notice, the book is rather brief. Being a Guru , I have no time or use for fluff and neither do you.
I cut through the falsifications and exaggerations to deliver the truth. The truth rarely requires explanation. You need a fast and straight to the point approach because you're not going to get it from very many other sources on the internet.
Before moving forward, you should know that I’ve created this book from a perspective of knowledge and giving. It is so important in understanding and getting business credit that if you took away all of the bankers I have come to know, all the credit specialists I speak to regularly, all the seminars I’ve attended, all the websites and user forums I’ve researched, and left me just this book, I would know all of what I needed to know to launch a business, get credit and spend almost nothing out of my own pocket! Now that’s what a Guru would teach you.
I am the Guru and you are my Apprentice. Let’s Get Started.
IMPORTANT
If you like what I have to say and are looking for some great passive income opportunities I discuss later in the book, do us and yourself a huge favor. Become an affiliate with the Business Credit Guru and promote this book. As you'll see, I don’t tout myself as being a Guru for no reason. I know the ins and outs and have no need to lie to exaggerate the truth. Help your fellow entrepreneurs get the night education in this oft elusive market. We give away large commissions to our affiliate partners and even
let you in on marketing tips and secrets for generating regular income. Click here to learn more and join.
CHAPTER 1: CREATE A BUSINESS THAT GETS CREDIT EASILY
Matt Says...
“A properly organized company will bear many fruits from the business credit tree.”
The Wisdom Behind How the IRS Views You
In our world, the IRS cares about one thing and one thing only: getting paid what’s owed to them. They couldn’t care less as to who is doing the paying as long as someone, or something, pays them what’s owed. There is an entire world of wisdom in that realization yet it escapes many business owners.
Instead, many entrepreneurs start off in the wrong direction right away by assuming that their business and they are one and the same. They’re not. The IRS doesn’t seem to want to agree with that idea. So why should you? You are a separate entity from your business unless you’re a sole proprietor.
Sole Proprietorships usually come with big and often dire consequences to the entrepreneur in the realm of business credit.
Guru : Recommendation
“Stay Away from Them!”
Let’s clarify. When you go to a CPA to file taxes at year’s end, the IRS taxes both you and the business.
Of course, it’s a lot more complicated than that, but the IRS already knows that (unless you are sole proprietorship) you and your business are two different entities. They treat you like two different entities.
This is advantageous. If your business is separate from you, then so should be your business credit. Our goal in creating business credit is simply to get everyone to view us as separate entities, and not just the IRS.
Our dilemma of course is that initially credit bureaus, banks and other merchants don’t view us as separate entities. They don’t behave like the IRS in allowing you to separate yourself from your business at the onset. In this case, it is not to their advantage. They don’t have any security in the business as it has not produced any revenues and don’t have a track history of prompt payments. | What’s worse is that throughout the life of a business, most owners won’t do enough to separate themselves from the business.
Business owners are so busy creating revenues (as they should be) or lining up funding that the world of business credit is as foreign a concept to them as nuclear engineering. Remember when you were young and your parents told you that establishing good credit history will save you a lot of headache and money over the years? Well they were right! The Guru is now telling you that as an entrepreneur establishing credit history for your business is just as important and if not more important than your personal credit history.
Your business is a source of income for you. A way to pay bills and perhaps one day lead a lifestyle you read about in books or watch in movies. The only thing you can count on for income after yourself (and perhaps your spouse) is your business. And as such, it should be treated with respect, nurtured, regularly monitored, and cultivated.
I can’t tell you the number of times I get business owners who want credit after being in operation for 3 years and haven’t ever taken a look at a copy of their business credit report. I think this is just amazing and massively detrimental. Some have no other source of income other than the business yet when I mention things such as “Your business credit score is too low” or “There are tax liens on your business credit profile” they get insulted, frustrated and of course angry. The reason being is that most of the time when someone *really* wants business credit, it’s at the 11 the hour when they’ve finally gotten an opportunity to buy something at wholesale prices from a foreign source, or a large purchase order from a major manufacturer. And as we all know, anything donein the 11 —_— hour is expensive, frustrating and often bears ill results.
Guru: Tip
Not Being Aware of Your Business Credit Score is a Recipe for 11m Hour Frustrations and Let wish)
Guru: Recommendation
“Regardless of whether you are starting a knitting shop selling your blankets for $4.99 a pop or a software company trying to secure it’s first $30M in seed money, stay AWARE of your business.
Unwise Business Ideas
There are a few things you need to stay away from as far as startup ideas are concerned. The reasons for this are simple. As a startup you're already viewed as a risk. 90% of startups fail in their first year, and so vendors are leery of new businesses. If I was selling laptops and you came up to me to let me know you're A) a startup B) would like a credit line C) don’t want to give me a personal guarantee D) don’t want me to check your credit and E) want me to only hold the company responsible for repayment, I'd wish you the best of luck and walk away.
I suppose it’s a good thing that I don’t run Dell, Home Depot and Staples, because they’ll honor that kind of request, but we'll get into that later. Right now let’s concentrate on getting some basics out of the way so the remainder of the path isn’t confusing. There are a few business ideas that seem like they’re home runs on paper but in truth are going to lead you into some serious credit problems down the road.
If you’re starting up and looking for business ideas, these are a few to stay away from. If you’ve got a multi billion dollar plan for one of these ideas, I definitely don’t want to tell you to abandon it. Just know that the deck is stacked against you as many people will refuse to deal with you on ethical, legal or financial accountability basis. Here they are:
i. Anything associated with Adult Entertainment
it. Online Gambling Casinos
iii. A Business that buys/sells Financial Notes
iv. A Real Estate Investment Firm (my personal favorite)
The first category, Adult Entertainment, doesn’t really need to be explained in too much depth so [ll skip it. Just know that putting anything remotely associated with the industry is automatic grounds for denial for most banking credit and quite a few merchants as well.
The second category is where it gets interesting. A while ago, I got approached by a group of young kids trying to startup an online casino; they called it “poker school”, and wanted to amass large credit lines to handle their cash inflows and outflows. Apparently these guys were some local poker sharks in the area and had amassed quite a bit of money as they were talking about paying someone $50K to set up a shelf company (discussed later) and get some credit going for them. They heard about me from one of my Apprentices trued Guru and were really excited about my methods.
At the time, I had never considered going down this road for a potential client base and was a bit excited by the challenge. I called around a few banks and got one of my trusted expert credit officers on the line and discussed the idea with him. He flat out told me that 99% of the banks he knew of would consider this request simply because of their industry. I was quite taken aback. Apparently gambling institutions are not a hot ticket item for banks despite the obvious cash flow implications. Some banks won't even let these institutions open up checking accounts.
The reasons for this vary from State to State, but the gist is that as gambling is outlawed in most states, and any entity dealing with gambling not pre-approved by the state is going to be penalized. Since banks are the most regulated institutions in the country, it’s no surprise that no one wants to take any risk associating themselves with an outfit that is potentially doing something illegal. Most banks simply won’t risk it.
Guru: Tips
Developing Credit and Banking Relationships is Key to becoming a Guru
Financial note sellers and real estate investment firms are lumped into the same category as far as banking relationships are concerned. Both are considered high risk industries due to the sheer amount of defaults, non payments, and inexperienced managers. Real estate investment firms are especially frowned upon because of the lack of stability in this market on “flipping” properties. Startups looking for money or credit are always troublesome and heavily scrutinized. Many companies that have long business histories often have the idea of buying distressed real estate properties and start looking for credit to do so. Though its certainly possible to attain business credit lines, explicitly getting credit for investment purposes is usually grounds for an automatic denial. From a financing perspective, being as expensive as they are with respect to interest rates, general investing simply does not deliver the type of return that would make the credit line worth while anyway.
Types of Businesses and the Impact on Business Credit
In order to become a Guru , first you must learn about foundations of business legalities. The reason being is that in most cases it’s important to understand how a C corporation gets credit versus how a Partnership would get credit. I use the term credit loosely for the time being. I will start dissecting its meaning in a few chapters down the road. For now, it’s sufficient to know that credit is granted by someone or something and that entity, the Credit Grantor, is who we are focused on.
In the world of business credit, what kind of legal entity your company is, has a direct impact on how credit will be granted to you. A Buddhist belief beckons that boredom is one of the keys to enlightenment.
If that’s so, the following section is both, enlightening and boring.
Guru: Tip
Credit Grantors view the world in a different way. Evolving from Apprentice to Guru requires one POMP SORIA GD MOR) NCUPh Ker IOAN LID B
Sole Proprietorships
In the world of Guru s and Credit Grantors, Sole Proprietorships are always a sign of hidden problems. As an entrepreneur, they do little for you. They offer limited protection from any lawsuits and do not create a separate business identity aside of a tax ID number and a starting platform for doing business. Typically, I consider these the lazy way to be in business.
As I said earlier, I advise against Sole Proprietorships. Things such as personal tax liens and collections can easily be reflected in your business credit profile. Your personal credit will rebound quickly from these types of faux pas, but your business credit will not. There are plenty of entrepreneurs out there who have operated for years as a sole proprietorship and then decide to incorporate as either an S or C corporation. In my professional experience, 80% of this group often has hidden liens, judgments and collections that are showing not only against their personal credit but also on their business credit. These are rather difficult to eliminate, so why even bother with the hassle?
Guru: Recommendation
“Don’t be lazy. If your business is producing income; incorporate.”
Partnerships
These are a better option for business credit rather than sole proprietorships, but still have some serious limitations. First limitation is that a partnership is again, a “de facto” way to be in business without really taking the time to incorporate. Hence, it too, offers little protection. Each partner is considered a sole and separate entity that is joined with the other(s) to transact under one Tax ID number. This advice is of course limited to small business entrepreneurs and not established corporations that decided to form a partnership agreement to do business under.
The problem we often run into here though is that Credit Grantors usually look at the partners as equal shares in the company. This may work against those in the situation where one partner’s credit score is terrible (we’re going to need credit scores to get business lines of credit and credit cards). In that case, little if anything can be done.
Corporations
There are two types, S and C corporations. | Despite the common perception that C is better than S in business credit decisions, I have never experienced any proof of why this is or if it’s even a valid statement. Both are fine. And both leave quite a bit of wiggle room when a business owner has bad credit scores. Getting alternative guarantors on corporations is easy as updating with the state’s filing status and appropriate papers and then waiting for seasoning requirements by banks.
LLC’s
In the business world, the added advantage of an LLC over a corporation is that through a few residential lenders, the LLC can get independent residential financing. Residential financing can be granted to a LLC, instead of the individual, if the loan to home value ratio is low (usually 65% or lower). The credit scores of the owners of the LLC (or the operating managers) have to be good to grant this loan and the LLC has to be an income generating business that can pay the balance of the mortgage through its profits.
There are (to date) NO stated or no income documentation programs.
I mention this little tidbit of information for the large sea of would be real estate investment firms that are constantly looking for business credit. This is one way with one caveat. If you’ re a LLC with an array of credit lines and are arranging a loan to buy residential real estate, you'll have to show how you’re coming up with the large down payments. In the case when I’ve worked with LLC’s who were borrowing against credit lines to come up with the down payment, the request was always declined. Always!
Business credit for LLC’s is easily attainable but once again, just as in the case of the corporations, the overwhelming majority of managing partners need to have stellar credit in order to qualify for the bank credit lines and credit cards. This advice applies to startups and business entities that do not have an established business credit history. There are ways to qualify for both without personal credit checks or at the least, without as much emphasis on personal credit.
Guru: Recommendations
LLC’s and Corporations have equal weight in the business credit world with LLC’s having the added advantage of being able to qualify for certain types of financing by themselves
CHAPTER 2: BUSINESS CREDITOLOGY 101
Matt Says...
“When in Doubt, Understand that All Knowledge Extends From a Few Fundamental Concepts.”
The Three Bureaus
In the last section you may have picked up on me referring to bank credit lines and merchant lines of credit. If you were confused about how these differ, I will clear them up in this section.
But, let’s start with the bureaus first. Understanding the what, the who, and the how of the organizations that are actually creating and monitoring your company’s business credit will greatly help in understanding the range of what is and isn’t possible.
Credit Grantors look at the data from credit bureaus to determine if a corporation is worthy of ace
Guru: Recommendations
“Learn as much as you can about the different types of credit bureaus and how they keep score”
There are multiple credit bureaus in the business credit world and just like in the personal credit market, they are not run by a governmental body. All credit bureaus are independent organizations that operate by selling credit information to businesses or consumers. In the business realm, there are 3 major credit bureaus and a few minor ones. The big three are:
Dunn and Bradstreet (DNB)
Experian Business
Equifax Business
By far, the most commonly used bureau is Dunn and Bradstreet, or DNB for short. Unlike the personal credit markets, businesses inquiring about another entity’s credit do not pull all three bureaus. The reason
being is that it’s simply too expensive. On average, each report can cost anywhere from $9.99 to $149.99 for a single pull without a volume account. If pulling all three bureaus was the norm, businesses would be spending potentially $400+ getting credit for a company. On average, most companies will pull two credit reports: DNB and Experian.
The major difference between the bureaus is the number of businesses each one reports on in its database and the scoring system(s) they use. Each bureau has a separate and unique scoring system. We'll dive into these systems later, but for now its enough to know unlike the personal credit market where a 700 score means the same thing for all three personal credit bureaus, a 225 score from DNB is not the same as a 225 score from Experian Business (225 doesn’t even exist as a potential score from Experian).
Experian Business and DNB credit reports on a business account for 99% of all the reports I have come across to date. Once a business requests credit from a given merchant or bank the vendor will pull a credit report through one of these bureaus. For example, let’s say a small distribution company called Pacific Distribution sells office products to Bay Area law firms. In an effort to expand business, the shareholders decide to court a big Southern California client and receive a huge order for various office products. Let’s also assume that Pacific Distribution is a very small outfit (3 man show) and is incredibly cash poor.
Instead of paying their suppliers in cash which would leave them severely depleted in reserves, the owners rather request a $50,000 revolving credit line from each supplier to help manage cashflows. To date, Pacific has made no such request from any vendor and its business credit profile has never been pulled. If all the suppliers use Experian to pull credit, Experian will be the first one notified that Pacific Distribution is seeking credit and will create a new file for the company. There is little the owners can do to modify the information provided to the credit bureau and cannot proactively create a new file with Experian.
The reason why this is important is that DNB is the only bureau to date that provides a way for new companies with no pre-existing relationships with suppliers or other vendors to create a credit file. After getting a Tax ID number, the shareholders or officers of that organization can call the DNB proactively and request a DNB number (DUNS number) for their company. They can also input preliminary information such as length of time in business, names of shareholders, sales, employees, etc.
Guru: Tip
The DNB uses a proprietary online credit management system called DNBi. It is by far the most CUNT MAI PILI MSC Oa as KIBO ee ORS esr RRO Lam KS this system to request information about a particular company.
Once a DUNS number is assigned, a new credit file for the company is created and an overall score, called the Paydex, is provided. The Paydex is one of 3 different scores used by DNB to provide credit information on a company. What the Paydex is and its importance is discussed later, but what’s important to note here is that the Paydex is just one of a few different scoring systems from DNB. There are others
(Commercial Credit Score and Financial Stress Score). The Paydex can be built to really high levels but in the end it’s PART of the entire picture, not all of it.
Some Basic Business Credit Concepts
Most suppliers (or vendors), such as office supply stores, gas stations, computer outfits, usually use DNB to grant store credit to a given legal entity. In other words, if I was to create a brand new C-corporation in state of California with a DUNS #, I can request a store credit card or credit line from RadioShack or OfficeMax with nothing more than my DUNS# and my incorporation papers. Usually, no credit checks are used and in quite a few cases personal credit information is not even requested. When a retail business grants credit to be used within its chain of stores (I’m using the word stores loosely, it can mean anything from gas stations, office supply stores, etc.) I call it vendor or merchant credit.
Vendor credit can be easily and quickly built from a slew of well known vendors as big as Staples and Texaco, to ghost stores that don’t sell any products but can be used to inflate the size of your credit lines.
This latter of type of credit is often associated with shelf companies that we will discuss in depth in later chapters of this book. For the time being it is sufficient to know that the concept exists.
Bank credit, unlike vendor credit, is a parallel concept to credit cards. Banks give unsecured (as in they do not encumber any asset) credit lines to organizations that are within the bank’s credit risk. Depending on various banks, the risk assigned to a specific borrowing entity may entirely or partially depend on factors such as:
« Company’s credit scores and the scores of the guarantors
« Company’s Industry
« Company’s credit grade
« Amount of time present management has been in place
« Revenues and Income of the Company
« Length of time company has been in business
These credit lines can be used for any business purpose but are most often used for proper cash flow management. Bank credit lines always require prime credit scores from the guarantors, not necessarily the shareholders. To qualify, the guarantors must be one of the officers of the company that are mentioned in the company’s Articles of Incorporation or Operating Agreement.
Guru: Tip
You should see now why its beneficial to have a corporation or LLC instead of a sole proprietorship, general partnership, etc. Guarantors are not the same as the shareholders of the company and can come and go. This leaves for a lot of maneuverability down the road.
The Scoring Models of the DNB
As a startup, or an established business with little prior business credit history, you really need to focus only on one type of business credit bureau. And that happens to be the DNB. DNB offers multiple scores, as in more than one, on a given company and there are three that we need to really take a look at:
1) The Paydex
2) The Overall Commercial Credit Score and
3) The Financial Stress Score.
The Paydex is the easiest score to maintain and is often mistaken as the only score the DNB provides. As they say in France, “au contraire mon frere”. This mentality is a true novice mistake. Many an entrepreneur with perfect Paydex scores have gone down the path of requesting credit and financing only to be declined because of “Serious Derogatory or Delinquency” items found on the credit report. I can’t begin to tell you the number of times I have found myself discussing this issue with clients. The Paydex is used as an indicator for how prompt the company is in paying its bills. That’s it. It’s not the end all be all of credit scores and is only part of the picture.
The following chart breaks down the scores of the Paydex and what they mean:
Commercial Credit Score (CCS) is the next big item and is often completely overlooked by entrepreneurs when assessing their own company’s creditworthiness. The importance is
akin to the overall FICO score of the company and is often used in determining whether a company is creditworthy. It is this score that is often the determining factor in bank credit line decisions. The
Commercial Credit Score creates a statistical model for the likelihood of a company being delinquent, or 90 days past terms to any of its vendors over the next 12 months. In other words, the CCS, shows whether or not the company may default or be delinquent at some point in the future. It’s a predictive score that anticipates when a company will generally pay its bills.
A table of these scores and how they rank is provided below:
Commercial Credit Score Credit Score
TCU SCOle Percentiie Crs
SSOOTC Toe f
4O3=53 FSG
423=492 3457 3
36a 99. 44320 4
If it’s not obvious from the table, anything below a 400 Commercial Credit Score is usually grounds for automatic denial of credit. I have seen few companies with scores below 400 get approved for bank credit lines. Once a company reaches and maintains itself among the higher echelons of credit scores in the chart above, less emphasis is put on the personal FICO score of the shareholder in credit based decisions.
Guru: Tips
The Paydex and Commercial Credit Score account for most of the criteria that Credit Grantors SMSO) DUCK MSM RU RC ext AM RIM CUKoM IO UUCC Mest One dependent upon the recommended credit limit by the bureau.
Guru: Recommendations
“Periodically check your business credit scores. It never hurts to know how good or bad you look to a Credit Grantor.”
The final score that is taken into consideration is the Financial Stress Score. This score predicts the likelihood of a firm going out of business without paying its creditors in full, reorganizing, filing for
bankruptcy protection and/or relief from its creditors over the next 12 months. Here is the scoring model used by the DNB:
Financial Stress Score
Financial Stress Incidence of Percentile
Stress Score Financial Score Range
Class Rang Stress
157
1. 21-100 0.49%
1875-1353
2. 11-20 1.37%
1376- 1303
3. 5-10 3.73%
1352-1225
4. 2-4 8.30%
1302-1001
5. 1-35. 80 %
1224
All scores are normalized using other factors such as company size in terms of employees, annual revenues reported from the year prior, public filings, trade payments made, length of histories with
vendors, etc and given a fourth rating, called a Composite Credit Appraisal. These can be classified into two separate categories: 1) companies that provide financial data to DNB and 2) companies that don’t.
The latter, and this is important, can never get above a “Good” or 2 rating on the system. To get the highest rating possible, Al, a company must report its financials to the DNB.
As a startup, the only scores you need to worry about for right now are the Paydex and the Commercial
Credit Score. Once we get into how to create business credit, I'll dive into both of these a bit more and how you should monitor them. For right now, just think of this section as a good reference guide.
Personal Guarantors and Guarantees Demystified e A great deal of ignorance lies in this statement:
“T want to get $1M in business credit but I don’t want to give out a personal guarantee.”
Every time you find yourself thinking of such a statement, understand that you are thinking like an Apprentice and not a Guru. Guru s know that personal guarantees are a part of every, and I do mean, every credit and lending decision. Even credit cards have within them a personal guarantee clause. Essentially, all a personal guarantee is that you pledge your assets (your bank account, your home, your cars, and your credit) to the payment of a specific debt. A personal guarantee means that you are personally guaranteeing the debt. A bank or a merchant would be foolish not to ask for one. It would be like me going up to you to buy something from your store and saying “I don’t want to be held liable for the debt in case I can’t make payments on this item.” That’s a pretty foolish request. Yet many are lulled into this false sense of security that personal guarantees are somehow not needed on certain financing and credit decisions. It simply isn’t true.
Checking personal credit and/or encumbering personal assets though are completely separate matters. A personal credit check may be required by the Credit Grantor to ensure that the individual asking for the credit request is credit worthy. In other words, does the individual have a good personal credit history that shows a track record of making prompt payments on similar requests when credit has been granted? This step may or may not be a part of a given credit decision.
To encumber something on the other hand, in the business sense, means to put a physical lien or other security instrument against it. That is considered collateralizing your assets to secure a loan and is not the same as a personal guarantee.
Therefore, a guarantor is an individual (or group of individuals) who have the assets and/or the credit to support the prompt payment of the credit request plus the interest. In credit and lending decisions, a guarantor personally guarantees repayment of debt through their own assets in case the debt defaults. A lender may or may not choose to collateralize the guarantor’s assets to complete this guarantee. It is not always required.
Guru: Tip
You’d be surprised to find out that a few individuals don’t understand this simple concept and use the terms credit checks and guarantees synonymously. If in doubt, ask what they mean.
CHAPTER 3. GETTING MERCHANT CREDIT
Matt Says...
“Once the fundamentals are known to the Apprentice, the journey towards becoming a Guru consists of fortitude, perseverance and exercising their knowledge”
What you should know by now
I neglected to put this section at the end of the last chapter because reviews are most beneficial when done beginning an experience, rather than when ending it. Before moving forward, I have provided some terms that you should have a good understanding of by now. From this point forward, I will use these terms interchangeably:
DNB, DNBi
« Equifax Business
« Experian Business
« Business Credit Bureaus
« Commercial Credit Score
« Paydex
« Financial Stress Score
« DUNS Numbers
« Vendor Credit Lines
» Bank Credit Lines
« Personal Guarantors
+ Personal Guarantees
« Credit Grantor
Types of vendors that will give you instant credit
We will now begin to take our knowledge of the fundamentals and begin to create credit. If you’re with me so far, the next few sections and chapter are the equivalent of a graduate course in business credit. I will go through step-by-step how we’re going to get your company from where it’s at currently to have a large amount of credit lines from vendors and banks in as short of a time as possible.
Believe it or not, phone companies, wireless providers and a whole slew of office product companies will give your company credit without any financial or personal credit information. These are the easiest types of vendor credit to attain and being a startup our goal is to get a total of 20 vendors reporting to our business credit file in 90 days. Here are the *types* of merchants that grant credit to startup firms.
Phone Companies and Local Broadband
AT&T is available in most areas and they provide an easy way to get a business account. All you need is your Tax ID information and maybe your articles of incorporation/organization to verify that you are in fact a legitimate business. Usually, a phone company will setup an account for you without using any personal credit information. The only thing that I would suggest here is to find a way to get yourself in your local pages listing. This will help you in getting listed in case a merchant decides to do company verification. Most phone companies will provide this as an option for you and if they do not, do ask your sales representative on how you can get this setup.
Guru: Tip
An 800 number greatly enhances the profile of your company and makes it look like more than just you running your firm out of your home.
Guru: Tip
“Always make sure your company has an 8** number”
Next, your representative should give you the option of setting up a broadband type of service (via cable or DSL) through your account. This is also a good idea, though you may want to shop around for the cheapest provider as its not always necessarily going to be your phone company. Depending on what you're doing with your business, I highly recommend starting slow and then building up. And that means starting cheap. DSL/cable modems can be instantly activated to faster speeds so there’s no need to get the latest greatest services available with high transfer speeds. Start making some revenue first and then upgrade as you see fit.
Your phone company may also ask you if you'd rather use VOIP (voice over IP) service. This is gaining in popularity and is cheap, fast and flexible. If you’re on a shoestring budget and need to place a high volume of calls for your business but can’t afford the long distance charges, this is not a bad option. Just ensure that you are listed in the phone books and have a 411 listing to your business. That should accommodate what we’ re trying to accomplish.
Wireless
Wireless phone providers (Sprint, Nextel, T-mobile, AT&T, etc) ALL provide business accounts for startup companies. I’ve found though that the page links to get started with ordering business services is not readily available on their websites. Instead, you'll have to call into the new customer service departments and ask for information on how to setup business accounts. One of the reps will usually provide information (in some cases, they may ask you to visit a local dealer with a copy of your articles of incorporation/organization and a utility bill of your company). In all cases, these wireless companies will grant as many as 20 lines for your firm. If you need them, they’re there, but having seen quite a few entrepreneurs start companies and fail, I have some golden advice for you. Only spend cash if it somehow increases your productivity, increases your revenue or decreases your expenses. Don’t increase your monthly expenses in the hopes that down the line the increase will help in increasing productivity. This is a gamble that 90% of the time causes startups to be upside down in expenses before they get out of the gate. Spend wisely. Think of it as an investment. If there are 4 of you in the firm and they’re giving away 20 lines, only take 4.
Crete ain
Business credit is not free money. Don’t be exuberant. Buy only what you can afford to pay back.
Office Supply Stores
The easiest merchants to get credit out of are office supply stores. Staples, Officemax, Office Depot and even online e-commerce stores like Nebs and Quill regularly grant credit. These stores grant super small lines ($300 - $1000) for your company but then once you have an established history with them, they will easily jack these lines up to as much as $5000. That’s a lot of office supplies if you ask me.
Almost all of these stores have a separate business credit section built into their websites. If for some reason you can’t find it, call one of the 800 numbers for the stores and ask for a credit application for your business. You will get one emailed and or faxed to you right away.
Large Technology Outfits
Firms like Dell, IBM, HP and Xerox love granting small credit lines to newly formed companies though you must have a history of a few accounts with positive trade history reporting to the DNB before this step can be taken. Before going to these outfits, ensure that you have at least 5 other vendors on your credit profile that have been around for at least 90 days. Once you’re over that hump, you can list the new vendors as reference accounts and then start with a small business credit line from these companies.
Gas Stations
Texaco and Chevron are among the few gas companies that regularly give out business credit lines without a personal credit check. I have yet to see something similar from Amoco or Exxon. With a few credit lines built into your credit profile and a few vendors reporting (ideally you want to have total credit up to $2500 before you go down this route) you can start applying to Texaco and Chevron. Don’t go overboard with credit limits; try requesting a modest credit limit of $300 to get everything started. Every month you are welcome to call in and ask for an increase. Once you have a few months of track history with these firms, you can apply for additional or supplemental lines with companies like 76, Circle K, and BP Amoco.
Other Retail Giants
The final category, and often the most difficult to qualify for, is the retail giants such as The Home Depots, Best Buy and Circuit City. The trick to getting qualified here is to have at least $7500 in credit built up that is reporting on your business credit profile with, of course, no history of late payments and a super high Paydex score (75+). Once you are at this stage, applying for credit with these large outfits is easy. In the case when they ask for personal information, I have often told my Apprentices to leave it blank. Surprisingly, we found a 50% approval rating when the business was for at least 6 months or more, had a good DNB profile and a high Paydex along with $7500 in credit from other vendors.
Why Vendor Credit is Important
In 6-12 months of starting to apply for business credit, you can easily build $10K in vendor credit (if you're still not convinced I will give you a step by step approach soon enough). Once there, your company has enough credit to compete with a normal average 19 year old teenager. In other words, your company begins to take an identity of its own. You, being the owner or shareholder, should treat it as such and furtively promote your business as a separate identity when applying for credit. But why is any of this important? Why can we not just start applying for credit cards and bank lines of credit?
The answer lies in understanding what vendor credit does to the overall credit score of your company.
Simply put the more vendors are reporting on your company’s credit profile, the more robust your company appears. Credit Grantors will always look for a detailed credit history of any business entity that they are about to grant credit to. The longer, broader and more diverse this history appears in a credit profile, the more your company is operating as its own entity and the less it matters of the individual personal fico scores of the shareholders (guarantors will always be required for loan or credit requests).
CHAPTER 4: ALLABOUT CREDIT CARDS AND CREDIT LINES
Matt Says...
“The final frontier in credit development lies in attaining unsecured credit.”
True Business Credit Cards
When I was a business credit Apprentice, I knew a family member who started a business and was able to get $50K in credit cards virtually overnight. When asked how, he replied “Simple. I have great credit.”
If you and your shareholders have great credit, applying for an unsecured business credit card is a cinch.
Simply go to any of the credit card companies I mention in the next table, apply for a credit card and you'll wind up getting one virtually overnight. Just ensure that among the plethora of offers these
companies regularly endorse on the table, the card you are applying for is truly unsecured. In other words, that the business credit card shows up only on your businesses credit profile. I’ve done most of the work for you and given you some good hard and fast rules for each company, their qualification criteria if it was available, and then the contact information for each.
Despite this information, I don’t consider these offers “true” business credit cards. In my perspective, no personal credit check should be required in order to grant an unsecured credit card to a business. If you’ve done a good job of separating your business from your own identity, than there area few companies that offer credit cards without personal credit checks. One such entity is discussed in this book in the following section.
Out of the gate as a startup, you’re not going to qualify for true business credit cards. The reason being, of course, most do not have established business credit history and definitely not enough merchants reporting on your credit profile. If you are in the situation where you don’t mind having your personal credit run and can qualify for one of these credit cards, your goal is to get 3 — 5 unsecured business credit cards on your profile along with 20-25 vendors reporting. If you establish good positive trade history with each of your merchants, pay your bills on time and keep your balances low (don’t max out your credit cards) then applying for credit as a business becomes a whole lot easier down the line (6-12 months of positive credit history at the minimum).
There are a few companies that offer true business credit cards and I show you in the next few sections how to find them and apply for them.
Who Gives out Business Cards?
Quite a few companies regularly give out business credit cards. But they are not really selling their own credit cards... they are usually using their own logos and branding but someone else’s programs to make you qualify for credit. Here are the largest business credit card companies I know of. I call them the “usual business credit card suspects”:
ABN AMRO* GE Business Card
Advanta Business Services HSBC Bank USA *
Bank of the West Huntington National Bank
Chase Manhattan Bank * Key Bank USA
Citibank USA, N.A LaSalle Bank
Comerica Bank, N.A. * MBNA America Bank, N.A.
FIFTH THIRD BANK QuickBooks Business MasterCard ©
Kirst Hawaiian Bank Standard Federal Bank
First National Bank Of Omaha *
As promised earlier, ’'ve done most of the work for you. I’ve broken down three of the top credit granting companies for startups, the types of programs they offer, and where they offer them. Some companies even offer working capital loans and leases, but as a startup most are going to base their decision off of personal credit.
Advanta Business Will consider new companies
Services Annual Sales Volume: not to exceed $10 million
- No minimum years in business
- Up to $50,000 in working capital
- Your business name at the top of the card
- Additional cards for employees
- Rewards and discounts
Key Bank USA In business 1 or more years
Geography: AK, CO, ID, IN, ME, MI, NH, NY, OH, OR, UT, VT, WA
The Home Depot
MasterCard In business for 1 or more years with established business credit
Geography: Nationwide
What’s an Unsecured Credit Line and How it Functions
Unsecured lines of credit are revolving bank credit lines given to companies and do not show up on the owner’s personal credit reports. The words “unsecured” comes from the fact that these credit lines do not require any collateral and do not encumber any assets of the business owner (remember our discussion of personal guarantors?). In other words, no physical lien is put against the personal property of the entrepreneur. The worst most banks will do is put a UCC filing that will encumber the assets of the business up to the point of the size of the line of credit. But even that is rare.
There are two main types of LOC’s: the ones requiring no income documentation and the ones requiring full documentation. The former are aggressive programs that provided by certain big national or regional banks. The latter are usually the product of small community banks that are spread across the country.
The main differentiator is this. | No income documentation programs always, and I do stress always, require prime credit from each guarantor. There are no exceptions to date and I don’t presume that there will ever be. Banks operate on risk mitigation. To think like a bank, you have to start asking yourself the following question, if this was my money, would I lend to someone else in my position and if I could, how would I ensure I get my money back? That’s risk mitigation.
How do you mitigate the risk of lending to someone that’s looking to borrow? For banks, part of the risk can mitigate itself if the borrower has high credit scores. Typically, these borrowers have a lower chance of defaulting on loans and have demonstrated responsibility in payments. Thus, in the absence of any income documentation, credit can be extended to these borrowers by virtue of their high personal credit scores, their industries, their business credit scores and their declared annual revenues from the year prior.
That last statement should raise an eyebrow or two. “Last year’s gross income?” you should be asking yourself. “But if that’s the case, how do shelf companies get lines of credit when in fact they ve made no money?” By lying about income. That’s bank fraud and a common Apprentice mistake. Be very careful about shelf companies and shelf company providers. All banks, and I list a few of them in this book for you; look for a declaration of income. If you’ve bought a shelf company, your gross income is $0.
How you qualify for bank lines of credit is a completely separate matter. If you are a prime borrower (have great FICO’s), have a company that has been around for more than 2 years, you can qualify for up to 20-25 % of your company’s gross annual sales from the year prior from each lending institution that is listed in the appendix. Simply navigate to the websites indicated, by state, and look for the small business section. You're looking for a business credit line, not a loan, but a revolving credit line on these sites.
These lines are interest only and are usually referred to as SBAExpress Credit Lines, Business Express
Credit Lines, or Business Credit Express Lines.
CHAPTER 5: PUTTING ITALL TOGETHER: A STEP BY STEP PLAN
Matt Says...
“Follow the footsteps of those that have gone before you and never get swept off your feet.”
Watch and Follow the Guru in Action to Learn!
In the past few chapters I’ve given you just enough of what you'll need to establish credit for your startup company. But I’m not finished yet. We’re now going to create business credit for a company as if I was doing it myself and narrating my actions. As the Apprentice, all you have to do is follow my lead for the same results with your company.
Step 1: Incorporation: CPN’s Do Work Best!!
As I advised you earlier, incorporation is the key. Before I do anything, I incorporate. And before incorporate, I file for a Tax ID Number. ( legalcpn.com/personal_cpn.html ), This is synonymous with a
Tax ID number and Legal CPN works best to ensure your Tax ID Number creditability inspecting for mergings.
Next, I will incorporate a firm called “The Guru , Inc” as a C Corporation through an online provider such as The Company Corporation (Click Here to be connected to this site and incorporate). I already have searched for example that “The Guru , Inc” is a valid name for a company in Alaska. I choose 100 shares for no par value and assign them to myself. I also grant myself the positions of the President, Secretary and Treasurer. I do this because the Business Credit Guru is confident of his personal credit scores. If you find that you do not have confidence of your personal credit, please read my alternate book: The Business Credit Guru: Bad Credit Business Credit_Guide and I show you how to get around bad credit problems. I could not address this vast subject in this book especially as it doesn’t apply to everyone opening a startup. Once filed, I choose an option for delivery from The Company Corporation and then I wait. Once I receive my package, I immediately open a business checking account.
Step 2: DNB Profile, DUNS, and ScoreBuilder
My next step is to create a DNB profile, get a DUNS number and signup for the ScoreBuilder program.
Start by visiting dnb.com us and selecting to get a D-U-N-S number. At the time of the publishing of this book, this option was a link on the upper right of the page. If that has changed, remember that the D-U-N-S number is absolutely free. There is no charge and despite what anyone tries to sell you, all you need for starters is the number and the ScoreBuilder package for reporting on vendors.
Next I want to create an online account for my company and sign in to create my company profile. Here, I'll list myself as the CEO, tell them the number of employees I have and my revenues.
The only item that I want to explain a bit further here is the ScoreBuilder. In the business credit world, vendors and banks don’t HAVE to report to the credit bureaus. It is an option for them. Some do, some don’t. Unlike personal credit bureaus that rely on creditors to proactively report on payment trends, the DNB allows business owners the option to have a service placed on their account where DNB goes out and monitors your payment trends on given vendors. Even though there are some Guru s that are purists and do not wish to go down this route, I find that typically, this is a great way to add vendors that you pay in full every month to build your company’s Paydex credit score to high levels fast (within 90 days). The payment trends will also be reflected in the Commercial Credit Score also.
Step 3: DNB, Phone Lines and Broadband
In what follows, I will follow a formula that has a pretty good hit rate for most startup companies in my experience. For companies already in existence, applying the formula below may take some finagling depending on how your credit is currently. If your Paydex score is flawed and you have liens on your credit report (best to pull the DNB $150 comprehensive insight report on yourself to find out), you most likely will not be able to repeat the following with the same results. In this case, refer to the business credit repair section on where to go next.
Once I’ve established a DNB number, the next step is to open a business phone line and get broadband service with my DNB number (if needed) and my Tax ID number. This can be done without the Article of Incorporation and so I’m not going to wait for them to arrive in the mail. I ensure that my company’s address is different than my residential address (if I don’t have an office I use Postal Annex to create an artificial forwarding address).
The simple reason for this step is once this information is enlisted with the DNB, the information becomes public and I do not want my home address out there for everyone to see. A private mailbox with a local Postal Annex and will have suite numbers instead of PO Box numbers and do the job of creating a separate mailing address rather quickly.
Once my business phone lines are established, I list my company with the Yellow Pages with the new phone number and the new address. Upon receiving my first phone bill, I will add in my phone company as a vendor for my ScoreBuilder profile. Throughout this entire endeavor I will ensure that I pay all my bills on time.
Guru: Tip
ON or CATER OMI ROCC A MIM IP ACR ee w eaten mmo stellar credit scores.
Step 4: Adding Wireless and Office Vendors
Next, large office supply vendors, such as Staples are good about giving out small credit lines to companies but need a copy of a utility bill showing your address. Since I have already received my first phone bill I will apply for a credit line of $750 at staples.com for a business credit account.
While mat it, I also open a business account with NEBS (nebs.com) and QUILL (quill.com). Once approved on all three, I add them to my ScoreBuilder profile. I fully know by this time the amount of total credit I’m approved for ($750 from Staples, $300 from Quill, and $300 from Nebs in most cases). On my business credit report, after 30 days of these vendors being added, I will show three trade lines totaling $1,350 with perhaps a small balance on them.
Next I realize that I need cell phones and I know that the easiest ones to apply for are either Nextel or T-mobile. I follow the same principles as above. I go to the website, call the general number, ask to apply for a business account and follow their procedures. Usually these lines come in 5s so I may wind up having 5 lines in no time that are from my company and not myself. They will even have “The Guru ” on caller ID when calling other phones. This is a revolving account and works much like the AT&T account.
It usually has no credit limit and so does not do much to boost scores. If I have room on my ScoreBuilder, I will add this account in as well, but if I do not, phone and wireless providers are not the types of vendors. I want reporting on credit histories. Since I cannot raise credit limits, I will not gain anything except prompt payment history.
Guru: Tip
The ScoreBuilder product comes in various sizes. If you are strapped for cash and cannot afford the $700 yearly subscription, only add the accounts where your credit limit can be raised over time
and ones that will show prompt payment history. Having one without the other serves little purpose.
Step 5: “Fattening” the Credit File
Once all these vendors are reporting on my credit file, my next step is to “Fatten” my credit file to get over $3500 in total business credit. I can accomplish this easily over the next 60 days by adding vendors from Appendix A. I only pick and choose the vendors that I know correlate with my industry. For example, if I had registered myself as a trucking company, it would not make too much sense to have 1800Flowers as a vendor. Down the road, a credit grantor may choose to take a look at the “type” of vendors that are reporting on my credit file. Were atrucking company and had nothing but flower companies as my vendor base, it would not lend too much credibility to my business’ actual activities. It is doubtful for any trucking company to only have flower companies as the vendors it normally works through.
Being “The Guru , Inc” I consider myself an online retailer as I am in the eBooks industry. Accordingly, I will pick companies that directly impact my business. To give you an example, I will most likely pick vendors from the following industries:
+ Shipping
+ Packaging
+ Hosting
* eCommerce
* Computers
* Electronics
I will stay away from companies requiring any kind of a personal credit check and continue to add them in until my total credit reaches $3500.
Step 6: Adding 2 Behemoths to Get to $15000 in Total Credit
Once I reach $3500 in total credit, I first call Staples and ask to extend my credit line to $1500. Prior to making this request I ensure that my payments were all on time and that I have a $0 balance on my account. When asked for a reason for the increase, I state the truth. I am building my companies credit and it would work to our advantage of having a well known firm such as Staples increase our credit line.
We’re responsible, well managed and as our records show, do not abuse credit. I repeat this procedure with Nebs and Quill. Both should double my initial credit lines. Once my credit total credit is increased to $5000, I move to the first of two credit behemoths.
I call Dell’s (www.dell.com) small business division and ask to apply fora business credit account of $5000. I know that they will ask for all the same company information but they will most likely also ask for my company’s DUNS number. At this point in time it is to my advantage that my Paydex is above 80.
The other credit scores don’t really matter much here unless I’ve missed payments on my report. If Dell denies me, it may be due to a seasoning reason (not been in business for too long) but this is a rarity.
Once Dell has been established as a vendor, I will add them in on my ScoreBuilder profile and move to the other behemoth. The Home Depot is a tough cookie to deal with. Primary reason being that their qualification criteria are elusive and they have a habit of initially declining applicants and then approving them 30, 60, or 90 days later. The most important things to qualify for are the Home Depot vendor credit account. I follow the same basic procedure as before except in this case, I already know which website to go to and will point it out for you as it’s tough to find for the Apprentice.
Click Here: Home Depot Revolving Charge Card
Step 7: The Goal
After following steps 1-6, and adding The Home Depot and Dell to my ScoreBuilder profile, my goal is to repeat Step 5 until I have amassed 25 vendors reporting on my credit profile. My strategy is as follows.
I add new vendors every 30 days. After 90 days of adding them, I ask for credit increases. Once I have broken in to one industry of vendors (Shipping for example) I add similar vendors after 90 days. In the example above, I added Staples, Nebs and Quill all within the office supplies industry within my first 30 days of incorporation to my ScoreBuilder profile. Following suit, in 90 days I will add in Office Depot and OfficeMax while requesting credit increases from Nebs, Quill and Staples. 90 days later, I ask for credit increases from all 5.
To take this a step further, I added Dell and The Home Depot as part of step 6. 90 days later, with Dell and The Home Depot both reporting on my credit profile, I will add in Xerox, HP, Compaq, and Lowes while asking for credit increases from The Home Depot and Dell. 90 days later, I ask for credit increases from all fully knowing that I may not get subsequent increases and may get declined.
Usually, most vendors will allow 1 or 2 credit increases all year. Responsibility in repayment and keeping balances low is the key.
The First Few Unsecured Credit Cards and A Credit Line of up to $100K
Credit cards and credit lines require some seasoning on your company. Advanta Business Credit (in our chart above) is one of the only credit card providers I know of that will give an unsecured VISA/MC credit card to a company using a personal guarantor that has been in operations for less than 6 months.
Citibank also has some aggressive programs but they usually require being in business for at least one year. American Express is one company that regularly extends credit cards to small startup companies.
Qualifying for any of these credit cards is as simple as visiting their websites and applying.
However, we’re concerned with getting qualified for business credit cards without the hassle of going through random credit checks and such. If you need a credit card badly and have stellar credit, I’m sure one of the above 3 will provide a business credit card for you. But if you’re willing to wait and build your business credit, there is an easier way.
Once you have 25 vendors reporting on your DNB credit profile and you have been in business for 1 year, there are 3 lenders that will grant you credit (provided that you can qualify for it and that your guarantors have credit that is above 700). One is Bank of America, the other is the Home Depot MasterCard (Click this link: The Home Depot MasterCard to go to the website), and the third is Key Bank USA (Click here: Key Bank USA)
The HDMC remains to date one of the only credit cards that don’t require any personal credit information.
After months of tinkering with the formula, I finally found that what I’ve laid out for you above to have the greatest chance of success in attaining this card. Once approved, of course you'll want to add these two items in to the ScoreBuilder.
Next, call Bank of America and ask to apply for a SBAExpress credit for up to $100K. A BofA representative will ask you a few questions, the most important of which is your gross revenues from last
year. Bank of America will give you up to 15-20% of your gross revenues from the year prior as a credit line with stated income documentation. The only required documentation needed prior to closing will most likely be the Articles of Incorporation, business licenses, utility bills, etc.
Between the three lenders I just pointed out, you should be able to rack up at least $50K of unsecured lines provided your revenues were sufficient to get that aggressive of a credit line from Bank of America.
Year 1 and Beyond
If you’ve come this far, the next few sections should be incredibly important and beneficial to you. Your temperament drastically changes after year 1 and having accomplished everything I’ve listed in the last few sections. As a first year company, you are no longer an entity that can be ignored. Your company is beginning to look and feel like it has a life of its own.
Even if you weren't able to accomplish everything with the unsecured credit lines and credit cards (due to credit problems, etc.), your direction is not going to change much. At this point, Apprentices can act very Guru like by calling the DNB and Experian Business directly and asking to increase the overall credit limit assigned to them. Prior to taking this step, ensure that you have updated your company’s profile with updated revenues, employment and management changes if there were any.
In my example of “The Guru , Inc”, in my first year of business I would have had $100K in a credit line, $20K in credit cards against my company and 25 vendors all totaling upwards of $25K - $35K in credit.
My total credit on my company would be somewhere in the $150K range with a 10% rotating balance on my credit lines. No late payments and no derogatory public record/collection are on my business credit report. Let’s say on my one year anniversary, I pull my Comprehensive Credit Report and find out the following details:
« Overall Commercial Credit Score: 600
« Paydex: 85
« Recommended Credit Limit: $25,000
To me, though the credit scores are great, what’s concerning is that the DNB is only allowing a maximum of a $25K limit. I don’t think that’s very credit worthy of my company. Being a Guru , I will call the DNB and ask them to increase my credit limit. I tell the DNB something to tune of “Our Company is growing fast and we cannot routinely get approved for small credit lines. We’ve demonstrated a history of prompt payment and credit responsibility and would like to request a credit increase so that we can apply for larger credit lines to help manage our growing cash flows.”
In the case above, the DNB will most likely double, or even triple my recommended my credit line after a review. Why? Because I have demonstrated that my company is a responsible borrower. We’ve kept our records clean and have shown credit responsibility. We are definitely very credit worthy. As a Guru, my next step is to go back to each one of my vendors and credit accounts and ask them to “re-evaluate our credit line” for an increase. They run credit again and they see that our recommended credit limits are larger. They act accordingly.
Using this same approach, I’ve managed to take a few companies with $150K of total credit to $250K in less than 60 days. After 6 months of waiting and prompt payments, I once again called the DNB and requested a credit line increase. I repeat this process until I have the credit I desire.
Guru: Tip
The above approach works to perfection with one caveat. Your company has to be an income producing company that is commensurate with your credit increases. You cannot list on your
profile that your company made $50K and request a credit limit increase to $250K. These types of requests are usually a total waste of your time as they’ll get declined 99.9% of the time.
THE OTHER OPTION: SHELF COMPANIES:
Matt Says...
“Avoid deceit. Guru s have far more effective methods.”
DEFINITION OF A SHELF COMPANY
Quite a few business credit Apprentices stumble upon the concept of the shelf company and are immediately seduced with advertising as brash as:
“Want to get $1M in credit? Buy a Shelf Company! Our companies come with millions of dollars of credit lines!”
Who wouldn’t be seduced?
Business credit Guru s fully know that such advertising is little more than a sales gimmick. Though a shelf company may indeed have millions of dollars in credit lines, they definitely aren’t from banks or lenders.
But first, let’s clear up this elusive concept. What is a Shelf Company?
In my example I’ve been using, “The Guru , Inc” is a perfectly good example of a shelf company that is until it reaches its first year. I created a company, filed all the appropriate paperwork, got all the appropriate vendors to report and have been building my credit profile. Had I not applied for credit cards and bank credit lines, I could have kept building these vendor trade lines and kept the company around for years without actually making any money. Just as easily, after amassing a large chunk of credit lines, I could have sold it to someone and saved them the headache of having to do all the work themselves.
That is a shelf company. Why would I not want to create credit lines and credit cards for “The Guru, Inc” had I intended for it to be a shelf company from the start? If my original goal was to put “The Guru, Inc” on the shelf and let it season for a few years while I develop a vendor database, I would have definitely not given any banks or any lenders a personal guarantee on a revolving charge against my personal credit!
That would be foolish. That way, when I go to sell the company, the new owner assumes all the credit lines with me as a personal guarantor. I’d be bankrupt and up to my ears in debt in 30 seconds.
WHAT A BROKER ISN’T GOING TO TELL YOU
When brokers are selling to the vast sea of business credit Apprentices, it is to their disadvantage to disclose that anyone can create a shelf company with millions of dollars of trade lines. Let’s examine how one would do just that. Say you are a savvy business credit Guru and understand how business credit works. So you incorporate a company, let’s call it XYZ Industries, Inc and get all the appropriate documentation filed with a company like The Company Corporation. You open up a Dunn and Bradstreet
profile and assign your company a Paydex score. You then incorporate another company called ABC Products, Inc and follow the same procedure.
ABC Products, Inc and XYZ Industries, Inc are both independent entities. And it is perfectly legal to be vendors of each other, or in other words provide each other with their own products and services. Each company can then proceed to give a large credit line to the other and report as such on the credit bureaus.
After all, it’s totally the company’s business how large of a credit line it can grant.
Let’s dive into this concept a little deeper. Say you own a small convenience store and have decided to give your clients with good credit scores a store credit card. It is up to you, the owner of the company, to grant the amount of credit to someone. You can make it as large or as small as you’d like. After all, it’s your credit. The individual can go around and use as much of it as they’d like in the store and buy whatever they want. They can pay as they go, incurring an interest charge every month that you impose upon them. Many companies use this model to add serious returns to merchandise. Rarely do people asking for credit have the ability to pay for the entire product; otherwise they’d buy it in cash. Most consumers love having the option of splitting their payments into installments and slowly pay back the balance. Most owners and companies are okay with that, provided the individual pays interest on the outstanding balance of what they owe every month.
Well, what if you were to strip away all your products and services from your store? What if you sold absolutely nothing? You can grant as much credit to anyone you'd like because that other person has absolutely nothing to buy. I can give someone $1M of a credit line, report to the bureaus that I have done as such, and that other person has a $1M line of credit from my store. What if that other person wasn’t a person a at all? What if it was a company? Does it change anything?
Absolutely not! As far as the credit bureaus are concerned, it changes nothing. I can grant credit to anyone and start a trade line for that company on any given credit bureau. One and done. And that’s what’s happening here. ABC Products, Inc and XYZ Industries, Inc don’t sell anything. Yet they grant each other $1M lines of credit and keep reporting to credit bureaus every 30 days with $0 balances. Now imagine if there was an entire group of these? How about 200 companies that did just that to cache other?
What would their credit report look like when you pulled credit? It was would have 200 vendors reporting perfect credit history for a long time. What do you think that does to a business credit score?
And in essence what are you buying? You’re buying a company that has $1M of credit lines from other companies that probably don’t sell anything of value. Having said that, obviously if ABC Products ever applied for credit at another unsuspecting vendor that does sell products and service, the vendor would be staring at a pretty impressive credit profile and would be willing to get aggressive on its credit line. So shelf companies may in fact come with large credit lines from certain well known vendors (discussed below).
What about bank lines and other lines of credit? Can a shelf company qualify for those? The answer is a big flat “No”. Remember our discussion about banks look for when approving credit lines for companies?
1. Shareholder’s credit score
2. Income documentation or “statement of income”
3. Length of time in business
For a given shelf company, the answer to number 2 is a big fat $0. Shelf companies haven’t been making any money and to claim that they have is *lying*. Take a look at what’s going on with mortgage markets and the slew of individuals that lied about income and are facing large payments they cannot afford.
There is a lesson to be learned here. If you or the company hasn’t been making a certain amount of money, don’t claim otherwise. Either through a bank audit or renewal you have a high risk of getting caught not telling the truth. Lying about income to get a bank to grant financing or credit is the absolute bare bones definition of bank fraud.
CHAPTER 8: SOME FINAL WORDS OF WISDOM, PASSIVE INCOME OPPORTUNITIES, AND GOOD RESOURCES FOR FINANCING
Matt Says
“The path to becoming a Guru is one of patience. Never be led off the path by greed.”
I want to be brief in parting ways from you. I have described as best as I can a straight and narrow way of establishing business credit ethically. In doing so, my number one priority was to convey information and enlighten the many would be Apprentices on the market today. If you’re a businessman or businesswoman, I’m sure you can see the value in having an unbiased text such as the one I have provided for the myriad of entrepreneurs and business credit seekers that are often led astray by offers that are not
honest. It is with this spirit that I ask you to share the information I have provided wisely and profitably.
First, is to become an affiliate of our products from the Business Credit Guru. We provide hefty commissions to our partners who help us enlighten others on any one or all six of our products. Please
email us ([email protected] ) to find out more about our affiliate program.
Second, one of the best resources I have to my disposal is an army of top lawyers. Despite the money I’ve made as a successful business credit Guru and a business financing Guru , you'd be surprised to hear how much I pay per month for my legal bills: Less than $30.00. That’s right, not $3000, but thirty dollars a month. There are no gimmicks and no other hidden costs. To date, I have encouraged all my clients, colleagues and friends to join this service through Pre-Paid Legal. For $30.00/month, you can’t get a better bargain. Plus you get commissions for referring others as well. To register, email us directly at [email protected]
Finally, there have been numerous times when the needs of a startup are better served through financing rather than credit. The Gallant Group, Ltd (gallantgrp.com) is THE company for any sort of working capital loans, commercial, residential or business financing. I have seen these guys pull off deals that I didn’t think could get funding. They have almost 10000 different programs for entrepreneurs in the early or middle stages of growth. The owners have a nice consultative style and I can’t say enough good things about them. Use these guys and use them often!
These resources are yours to use. They are provided as some good references that I can personally attest to being your Guru.
APPENDIX OF VENDORS
Here are the complete names and websites addresses of all the vendors I’ve ever used in creating business credit. I give it all to you here.
ABC Building Supply abcsupply.com
Home Depot Supply homedepot.com
United Parcel Service upscapital.com
Tiffany and Company ousiness.tiffany.com
Radio Shack Biz radioshack.com
Federal Express fedex.com
Border's Books Corp bordersstores.com
Kinko's fedex.com
Interstate Batteries interstatebatteries.com
Valero Oil Co valero.com
Wal-Mart Corporate walmart.com
JC Penney Biz onlinecreditcenter2.com
Exxon-Mobil Business exxonmobil.co.uk
CITGO Gas Card citi.bridgetrack.com
Staples Biz staplescentral.com
Office Max Biz officemax.com
Shell Corp. Gas Card citibank.com
Sam's Club Biz samsclub.com
Amazon amazon.com
Target redcard.target.com
Tractor Supply mytscstore.com
Office Depot officedepot.com
Dell dell.com
Expo Design Center expo.com
Sunoco Fuel Card sunocoinc.com
John Deere Credit deere.com
Chevron-Texaco chevrontexacocards.com
Marathon Fuel marathonpetroleum.com
Quicken intuit.com
Lowe's lowes.com
Wright Express wrightexpress.com
Capital One capitalone.com
Verizon o2b.vzw.com
AT&T wireless.att.com
T-Mobile t-mobile.com
Sprint together with Nextel sprint.com
Marriott marriott.com
Hilton Hotels doubletree.hilton.com
Hyatt hyatt.com
La Quinta lgq.com
Best Western bestwestern.com
Motel 6 motel6.com
Radisson tadissonsas.com
My Tool Store mytoolstore.com
JDR Micro Computers jdr.com
Northwest Builder's Network Inc nwbuildnet.com
Savoya (Limousine Company) savoya.com
Carey International (Limousine Company) careyint.com
Davel (Limousine Company) davel.com
Oakwood (Corporate Housing) oakwood.com
Bridgestreet (Corporate Housing) bridgestreet.com
Empire Limousine (Limousine Company) empireint.com
Greyhound Bus greyhound.com
Hewitt Packard HP hp.com
IBM Computers ibm.com
Crestwood Suites (Hotel) crestwoodsuites.com
Super Shuttle (Limousine Company) supershuttle.com
United States Postal Service usps.com
Korman Communities (Corporate Housing) kormanl.com
Ballantye Resort (Hotel) ballantyneresort.com
Peapod Food Delivery Service peapod.com
Huntington Bank (Relocation Direct Bill Service) huntington.com
Rio Pavilion (Hotel) harrahs.com
Billing Direct (affiliate program, like CJ.com) billingdirect.net
Sonesta Hotel & Suites sonesta.com
ASAP Coach (Limousine Company) asapcoach.com
Boston Coach (Limousine Company) bostoncoach.com
Air Culnaire (Food Service) airculinaire.com
Hyatt Regency Lake Tahoe cflr.com
Hertz hertztrucks.com
Waiter.com (food take out company) waiter.com
AAMCO Transmissions aamcotransmissions.com
Metro Hosting (Web Hosting Provider) metrohosting.net
Jacopos (Pizzeria) jacopos.com
Masters Inn (Hotels) mastersinn.com
SelectATicket selectaticket.com
FTD ftd.com
1800-flowers.com 1800flowers.com
Wilkinson's Flowers wilkinsonsflowers.com
Monster (They give net 14 terms) monster.com
My Coffee Supply mycoffeesupply.com
Luggage Pros luggagepros.com
Exclusive Tickets exclusivetickets.com
Linens n Things Int.com
Macys macys.com
BladeSmart oladesmart.com
HydePark Jewelers hydeparkjewelers.com
Franklin Sports franklinsports.com
Cognigen PCs cognigen-pc.com
Viracon viracon.co
Trade Name tradename.com
Fairytale Brownies brownies.com
Monte Vistamvcoop.com
Sencore sencore.com
Amtech amtechdisc.com
Headsets headsets.com
Bloomingdale's bloomingdales.com
USA LEGAL FORMS uslegalforms.com
Vac Hut Plus, Inc. vachutplus.com
Ideal Industries idealindustries.com
Discount Awards discountawards.com
Corporate Express corporateexpress.com
Continental Airlines continental.com
Alson's Jewelry alsonjewelers.com
Kohls kohlscorporation.com
Luberman's building lumbermens-building.com
GETTY GAS getty.com
Thrifty thrifty.com
JEB Leasing Company jebleasing.com
Powell Company powellcompany.com
Earthlink Business Services carthlink.net
A-Vidd Electronics a-vidd.com
EBC Computers ebccomputers.com
Circuit City Business Sales circuitcity.com
Walgreens walgreens.com
Disney disneymeetings.disney.g0.com
Ingram Micro ingrammicro.com
3 M Company solutions.3m.com
Mitsubishi Digital Electronics America mitsubishi-tv.com
Pioneer Electronics (USA) Inc.
pioneerelectronics.com
Franklin Covey shopping.franklincovey.com
Harley Davidson harley-davidson.com
Starbucks starbucks.com
Bed, Bath & Beyond bedbathandbeyond.com
REI rei.com
DTV City dtvcity.com
World Lux worldlux.com
GAP gapincbusinessdirect.com
Rose City Software rosecitysoftware.com
Axion Tech axiontech.com
Bacario bacario.com
Patagonia patagonia.com
Sharper Image sharperimage.com
Amherst Technologies amherstl.com
Corporate Outfitter corporateoutfitter.cabelas.com
Weems Plath weems-plath.com
Gempler's gemplers.com
Saab saabfleet.com
Staceys staceys.com
Samys samys.com
L.L. Bean llbean.com
Handago handango.com
US LUGGAGE sluggage.com
Surray Luggage surrayluggage.com
Williams-Sonoma williams-sonomainc.com
APPENDIX OF BANKS
Here are the names of major banks and their websites broken down by each state.
Alabama
AmSouth Bank
Bank Independent
Bank of Brewton
Bank of Pine Hill
Bank of Wedowee
Barbour County Bank
Citizens Bank
Colonial Bank
Commercial Bank of Ozark
Community Bank & Trust
Compass Bank
Cullman Savings Bank
Eva Bank
Farmers & Merchants Bank
Farmers & Merchants Bank (Centre & Leesburg)
First Citizens Bank of Luverne
First Commercial Bank
First Federal Bank
First Federal of the South
First Metro Bank
First National Bank of Brewton
First National Bank of Brundidge
First National Bank of Central Alabama
First National Bank of Dozier
First National Bank of Scottsboro
First National Bank of Shelby County
First National Bank of Talladega
First Southern Bank
First Southern National Bank
First Tuskegee Bank
First United Security Bank
Erontier National Bank
Headland National Bank
Heritage Bank
Merchants Bank
Monroe County Bank
Peoples Bank & Trust
Peoples Bank of North Alabama
Phenix-Girard Bank
Regions Bank
Reliance Bank
Security Federal Savings Bank
South Alabama Bank
SouthTrust Bank
Union Planters Bank
United Bank
West Alabama Bank &Trust
Alaska
Denali State Bank
First Bank
First Interstate Bank of Alaska
Northrim Bank
Arkansas
Arkansas National Bank
Arvest Bank Group
Bank of England
Bank of Eureka Springs
Bank of Fayetteville
Bank of Pocahontas
Bank of Rogers
Bank of the Ozarks
Bank of Yellville
Citizens Bank & Trust Company
Citizens Bank of Batesville
Citizens State Bank
Commercial National Bank of Texarkana
Community Bank
Community First Bank
Cross County Bank
Delta Trust and Bank
Elk Horn Bank & Trust Company
Farmers Bank & Trust
Earmers Bank & Trust Company
First Arkansas Bank & Trust
First Arkansas Valley Bank
First Federal Bank of Arkansas
First Arvest Bank
First National Bank & Trust Company of Rogers
First National Bank & Trust Company of Mountain Home
First National Bank in Mena
First National Bank of Berryville
First National Bank of Crossett
First National Bank of Fort Smith
First National Bank of Hope
First National Bank of Paragould and Jonesboro
First National Bank of Paragould and Jonesboro
First National Bank of Springdale
First Security Bank
First Security Bank of Fayetteville
First United Bancshares.Inc.
First Western Bank & Trust
Forrest City Bank
Helena National Bank (HNB)
McGehee Bank
Mcllroy Bank & Trust
Metropolitan National Bank
MidSouth Bank
National Bank of Arkansas
One Bank & Trust
Piggott State Bank
Pulaski Bank & Trust Company
Simmons First Bank of Searcy
Springdale Bank & Trust
Superior Federal Bank
The Capital Bank
The Union Bank
Arizona
Armed Forces Bank
Bank of America
Bank of the Southwest
Bank One
Commerce Bank of Arizona
Community First Bankshares, Inc.
Compass Bank
First International Bank & Trust
Marshall & Ilsley Bank (M&l)
Mohave State Bank
National Bank of Arizona
Northern Trust Bank of Arizona
Stearns Bank
Sunrise Bank of Arizona
Valley Commerce Bank
Wells Fargo Bank
Western Security Bank
California
Alliance Bank
America California Bank
Bank of Alameda
Bank of Amador
Bank of America
Bank of Canton of California
Bank of Internet USA
Bank of Los Altos
Bank of Marin
Bank of Petaluma
Bank of Stockton
Bank of the Orient
Bank of the Sierra
Bank of the West
Bank of Visalia
Bank of the West
Bank of Walnut Creek
Bay Area Bank
Bay View Bank
Borel Bank and Trust Company
Borrego Springs Bank
Brentwood Bank ofCalifornia
Broadway Federal Bank
Business Bank of California
Butte Community Bank
California Bank & Trust
California Center Bank
California Federal Bank (Cal Fed)
Canyon National Bank
Capital Corp of the West
Cathay Bank
Central Sierra Bank
Citibank
Citizens Bank of Nevada County
City National Bank
Civic Bank of Commerce
Coast Commercial Bank
Comerica Bank
Community Bank of San Joaquin
County Bank
Downey Savings
Eldorado Bank
El Dorado Savings Bank
Exchange Bank
Fallbrook National Bank
Far East National Bank
Feather River State Bank
Fidelity Federal Bank
First Bank of Beverly Hills
FirstBank of San Luis Obispo
First Community Bank
First National Bank of Northern California
First National Bank of Olathe
First Regional Bank
First Republic Bank
First Western Bank
Eoothill Independent Bank
Fremont Bank
General Bank
Goleta National Bank
Guaranty Bank
Hanmi Bank
Heritage Bank East Bay
Heritage Bank of Commerce
Humboldt Bank
Imperial Capital Bank
Jackson Federal Bank
Kerman State Bank
La Jolla Bank
Lake Community Bank
Liberty Bank
Life Bank
Los Angeles National Bank
Luther Burbank Savings
Manufacturers Bank
Marathon National Bank
Mechanics Bank
Merchants Bank of California, N.A.
Mid-State Bank
Mid Valley Bank
Mission Community Bank
Montecito Bank & Trust
National Bank of California
North Valley Bank
Pacific Crest Bank
Pacific Mercantile Bank
Pacific State Bank
PFF Bank & Trust
PriVest Bank
Redlands Centennial Bank
Rancho Bank
River City Bank
Sacramento Commercial Bank
San Benito Bank
San Diego National Bank
San Joaquin Bank
Santa Barbara Bank &Trust
Santa Lucia Bank
Scott Valley Bank
Sentinel Community Bank
Six Rivers National Bank
Southern Pacific Bank
Sunwest Bank
Tehama Bank
Tokai Bank of California
Union Bank of California
United Commercial Bank
Universal Bank
US Bank
Valley Bank
Valley Independent Bank
Vineyard National Bank
Vintage Bank
Visalia Community Bank
Wells Fargo Bank
Westamerica Bancorporation
Western Security Bank
Western Sierra Bank
Wilshire State Bank
Yosemite Bank
Colorado
1st Choice Bank
Alpine Bank
American Bank
Bank of Colorado
Bank of the San Juans
Bank One
Canon National Bank
Castle Rock Bank
Century Savings & Loan Association
Citizens State Bank of Cortez
Citywide Banks
Colorado Bank and Trust
Colorado Business Bank
Colorado East Bank & Trust
Community Banks of Colorado
Eaton Bank
First Commerce Bank of Colorado
First National Bank
First National Bank of Arvada
First National Bank of Canon City
First National Bank of Durango
First National Bank of Lamar
First National Bank of Las Animas
First National Bank of Longmont
First National Bank of Paonia
First National Bank of Stratton
First State Bank of Hotchkiss
Firstate Bank
Heritage Bank
Home State Bank
Liberty Savings Bank
North Valley Bank
Premier Bank
Rocky Mountain Bank and Trust
San Luis Valley Federal Bank
TCF National Bank Colorado
UMB Bank
Union Colony Bank
Valley Bank & Trust
Valley National Bank
Vista Bank
Weld County Bank
Wells Fargo
WestStar Bank
Young Americans Bank
Connecticut
American Savings Bank
BankBoston
Banknorth Connecticut
Citibank
Cornerstone Bank
Dime Savings Bank
Fairfield County Savings Bank
Earmington Savings Bank
First County Bank
First International Bank
First National Bank of Litchfield
First National Bank of Suffield
Fleet Bank
Guilford Savings Bank
Jewett City Savings Bank
La Jolla Bank
Liberty Bank
Litchfield Bancorp
Mechanics Savings Bank
The Milford Bank
National Iron Bank
Naugatuck Savings Bank
New Haven Savings Bank
Newtown Savings s Bank
North American Bank
Nutmeg Federal Saving Bank
People's Bank
Salisbury Bank & Trust Company
Savings Bank of Manchester
Savings Bank of Rockville
The Simsbury Bank
Southington Savings Bank
Stafford Savings Bank
Thomaston Savings Bank
Tolland Bank
Torrington Savings Bank
Union Savings Bank
Webster Bank
Westport National Bank
Delaware
Artisans' Bank
Bank of Delmarva
Delaware National Bank
First Union
First USA Bank
Mellon Bank
PNC Bank
Sovereign Bank
Wilmington Trust
WingspanBank.com
Florida
American National Bank
AmSouth Bank
AmTrust Bank
Atlantic States Bank
BankAtlantic
BankFirst
Bank of America
Bank of Tidewater
Bay Bank & Trust Co.
Capital City Bank
CenterState Bank of Florida
Century Bank
Citibank
Citizens Bank of Oviedo
Citizens Community Bank
Citizens Federal Savings Bank of Port St. Joe
Citrus Bank
City National Bank of Florida
Clay County Bank
Coconut Grove Bank
Colonial Bank
Columbia County Bank
Community Bank of Homestead
Community Bank of Naples
Community National Bank
Community Savings
Compass Bank
Crown Bank
Destin Bank
Emerald Coast Bank
Englewood Bank
Earmers & Merchants Bank
First Bradenton Bank
First City Bank
First Commercial Bank offampa
First Federal Savings Bank of Florida
First Federal Savings Bank of Lake County
First Home Bank
First International Bank & Trust
First National Bank and Trust
First National Bank and Trust Company
First National Bank of Florida
First National Bank of Mount Dora
First National Bank of Naples
First National Bank of Pasco
1st National Bank of South Florida
First Navy Bank
First State Bank
First Union
Elagship National Bank
Florida Bank of Commerce
Florida Choice Bank
Grand Bank of Florida
Gulf State Community Bank
Gulfstream Business Bank
Hamilton Bank
Harbor Federal Savings Bank
Horizon Bank, FSB
Huntington
Independent National Bank
Interamerican Bank
Intercredit Bank
International Finance Bank
Liberty National Bank
Liberty Savings Bank
Mackinac Savings Bank F.S.B.
Madison Bank
Marine National Bank
Monticello Bank
Northern Trust Bank of Florida
Ocala National Bank
Ocean Bank
Oceanside Bank
Pacific National Bank
Peoples Bank
Peoples First
Perkins State Bank
Pointe Bank
Premier Bank
Raymond James Bank, FSB
Regions Bank
Republic Bank
Republic Security Bank
Signature Bank
Skylake State Bank
Sofisa Bank of Florida
Southeastern Bank
Southern Commerce Bank
Southern Community Bank
Southern Exchange Bank
Southern Security Bank
SouthTrust Bank
SunTrust Banks Inc.
The Terrace Bank
TIB Bank of the Keys
TransAtlantic Bank
UniBank
United Bank
United Southern Bank
Valrico State Bank
Village Banc of Naples
VirtualBank
Warrington Bank
Washington Mutual
West Coast Guaranty Bank
Adel Banking Company
AmSouth Bank Georgia
Atlantic States Bank
Bank of America
Bank of Dade
Bank of Eastman
Bank of Hiawassee
Bank of Hiawassee
Bank of LaFayette
Bank of Perry
Bank of Toccoa
Bank of Upson
Blackshear Bank
Bryan Bank & Trust
Buckhead Community Bank
Cherokee Bank
Chestatee State Bank
Citizens Bank of Washington County
Citizens Trust Bank, Atlanta
Columbus Bank & Trust Company
Community First Bank
Community Trust Bank
Darby Bank & Trust Co.
Decatur First Bank
Douglas County Bank
Douglas Federal Bank
Eagle Bank and Trust
Embry National Bank
Exchange Bank
Farmers & Merchants Bank
Farmers & Merchants Bank/Dublin
The Farmers Bank
Eirst Capital Bank
First Community Bank of Southwest Georgia
First Georgia Community Bank
First National Bank and Trust
First National Bank of Alma
First National Bank of Camden County
First National Bank of Griffin
First National Bank of Polk County
First National Bank of Scottsboro
First National Bank of the Internet
First Nation Bank
First Peoples Bank
First Union
Firstate Bank
Flag Bank
Gateway Bank & Trust
Georgia Bank Trust Company of Augusta
Georgia State Bank
Greater Rome Bank
Habersham Bancorp
Lumpkin County Bank
Morris State Bank, Dublin
NetBank
Northwest Georgia Bank
Oconee State Bank
Park Avenue Bank
Patterson Bank
Pelham Banking Company
Peoples Bank
Pinnacle Bank
Premier National Bank of Dalton
PrimeSouth Bank
Quantum National Bank
Regions Bank
Rockdale National Bank
SouthTrust Bank
Spivey State Bank
Summit National Bank
SunTrust Banks, Inc.
Novus Financial Corp.
The National Bank of Georgia
Thomasville National Bank
Tucker Federal Bank
Union County Bank
United Bank
Wachovia Bank
West Central Georgia Bank
West Georgia National Bank
Hawaii
American Savings Bank
Bank of Hawaii
Central Pacific Bank
City Bank
First Hawaiian Bank
Amcore Bank
American State Bank
American Trust & Savings Bank
Bank Midwest
Bank of America
Bankers Trust
Banklowa
Bennett State Bank
Boone Bank & Trust Co.
Burlington Bank and Trust
Carroll County State Bank
Central State Bank of Muscatine
Central Valley Bank
Citizens Bank
Citizens Bank
Citizens First National Bank
Citizens Savings Bank
Citizens State Bank
City State Bank
City State Bank (Central City)
Clear Lake Bank & Trust
Clinton National Bank
Community Bank
Community First Bank
Community First National Bank ofDecorah
Community Savings Bank
Community Savings Bank
Community State Bank
Community State Bank
Cresco Union Savings Bank
DeWitt Bank & Trust Co.
Dubuque Bank & Trust
Earlham Savings Bank
East Dubuque Savings Bank
Exchange State Bank, Ames
F & M Bank
Earmers Savings Bank
Farmers State Bank
Farmers Trust & Savings Bank
Federal Home Loan Bank of Des Moines
First Central State
First Citizens NationalBank
First Community Bank
First Federal Bank
First Federal Savings Bank of lowa
First Federal Savings Bank of Twin Falls
First National Bank of Ames
First National Bank ofCedar Falls
First National Bank of Farragut and Shenandoah
First National Bank of Hampton
First National Bank of LeMars
First National Bank ofMuscatine
First National Bank of Sioux Center
First National Bank of Waverly
First Security Bank &Trust
First State Bank
First Trust & Savings Bank
Fort Madison Bank and Trust Company
Fortress Bank
Green Belt Bank & Trust
Grundy National Bank
Guaranty Bank & Trust Company
Guthrie County State Bank
Hampton State Bank
Hancock County Bank &Trust
Hardin County Savings Bank
Heartland Bank
Hills Bank and Trust Company
Home State Bank
Houghton State Bank
lowa Savings Bank
lowa State Bank
lowa State Bank & TrustCo.
lowa State Savings Bank
lowa Trust & Savings Bank
Keokuk Savings Bank &Trust Company
Kerndt Brothers Savings Bank
Keystone Savings Bank
Le Mars Bank & Trust Company
Lincoln Savings Bank
Mahaska State Bank
Manufacturers Bank &Trust Company
Maquoketa State Bank
Marion County State Bank
Mercantile Bank
Midwest Federal Savings
Midwest Heritage Bank
Northwest Bank & Trust Company Bank
Northwest Federal Savings Bank
Northwoods State Bank
Norwalk-Cumming State Bank
Norwest Online
Okey Vernon First NationalBank
Onward Bank Bancshares
Page County State Bank
Panora State Bank
Pella State Bank
Peoples National Bank
Peoples State Bank
Peoples Trust & Savings Bank
Pioneer Bank
Poweshiek Bank
Premier Bank of Dubuque
Principal Bank
Randall-Story State Bank
Sanborn Savings Bank
Security Bank & Trust Company
Security Savings Bank
Security National Bank
Security State Bank
Security State Bank (Anamosa - Cascade - Monticello)
Shelby County State Bank
State Bank & Trust
State Bank of Waverly
State Central Bank
Tama State Bank
The State Bank
Tri-County Bank & Trust
Union Bank & Trust Company
Union Planters Bank
United Bank of lowa
United Community Bank
Washington Federal Savings Bank
Washington State Bank
Wayland State Bank
Webster City Federal Savings Bank
Bank of Pullman
Bank of the West
D.L. Evans Bank
Farmers & Merchants State Bank
Farmers National Bank
First Federal Savings Bank
Home Federal Savings
Idaho Banking Company
Lewiston State Bank
Panhandle State Bank
Pend Oreille Bank
U.S. Bank
Washington Mutual Bank Idaho
Illinois
A. J. Smith Federal Savings Bank
Alpha Community Bank
Alpine Bank of Illinois
Amalgamated Bank of Chicago
Amcore Bank
Armed Forces Bank
Associated Bank
Bank & Trust Company
Bank Champaign
Bank of Herrin
Bank of Illinois
Bank of Pontiac
The Bank of Marion
Bank One
BankPlus
Belvidere Bank
Black Hawk State Bank
Bluestem National Bank
Bradford National Bank
Busey Bank
Cambridge Bank
Capstone Bank
Central Trust & Savings Bank
Charter National Bank
Chesterfield Federal Savings & Loan
Citibank
Citizens First National Bank
Citizens National Bank of Macomb
Cole Taylor Bank
Columbia National
Community Bank of Joliet
Corus Bank
Cosmopolitan Bank and Trust
CoVest Banc
Devon Bank
East Dubuque Savings Bank
Edens Bank
The Edgar County Bank & Trust Co.
Effingham State Bank
Elgin Financial Savings Bank
Elgin State Bank
Exchange State Bank of Lanark
Fairfield Savings Bank
The Farmers Bank of Liberty
Farmers State Bank
Federal Home Loan Bank of Chicago
First American Bank
First Bank, Carmi
First Bank of Highland Park
First Bank of Oak Park
First Bankers Trust Company
First Capital Bank
Eirst Community Bank and Trust
First Federal Savings Bankof Champaign-Urbana
First Mid-Illinois Bank & Trust
First Midwest Bank
First National Bank-Employee Owned
First National Bank &Trust Company, Carbondale
First National Bank & Trust Company, Clinton
First National Bank in Pinckneyville
First National Bank of Brookfield
First National Bank of Decatur
First National Bank of Joliet
First National Bank of La Grange
First National Bank of Marengo
First National Bank of Raymond
First National Bank ofRochelle
First National Bank of Steeleville
First National Bank of Sullivan
First National Bank of Waterloo
First Robinson Savings Bank
First State Bank —
First State Bank ofBeardstown
Fisher National Bank
Flora Bank & Trust
Forest Park National Bankand Trust Company
Foster Bank
Galena State Bank
Grand National Bank
Hardware State Bank
Harris Bank
Havana National Bank
Heartland Bank and Trust
Henry State Bank
Heritage Bank of Central IL
Herrin Security Bank
Illini State Bank
Illinois National Bank
Interstate Bank
Itasca Bank & Trust Co.
Lake in the Hills Bank
Lakeland Community Bank
LaSalle National Bank
Liberty Bank for Savings
Lincoln Park Savings Bank
Lincoln State Bank
Marine Trust Company(Marine Bank)
Mazon State Bank
Mercantile Trust & Savings Bank
Merchants Bank
MidAmerica Bank
Mid Town Bank
Midwest Bank and Trust Company
Morton Community Bank
Murphy Wall State Bank
National Bank
National City Bank
New Century Bank
North Community Bank
North Federal Savings Bank
North Shore Trust Bank
Northern Trust
Northview Bank & Trust
Oak Brook Bank
Old Second Bank
Oswego Community Bank
Oxford Bank & Trust
Park National Bank
Peoples State Bank of Newton
Peru Federal Savings Bank
Pontiac National Bank
Prairie State Bank & Trust
Pullman Bank
Rantoul First Bank
Regency Bank
Riverside Community Bank
Royal American Bank
Sauk Valley Bank & Trust Co.
Second Federal Savings of Chicago
Security Bank
Security Savings Bank
Security State Bank of Hamilton
South Holland Trust & Savings Bank
South Pointe Bank
South Shore Bank
South Side Trust & Savings Bank
Soy Capital Bank
St. Paul Federal Bank
Standard Bank and Trust Co.
State Bank of Augusta
State Bank of Niantic
State Bank of The Lakes
State Bank of Waterloo
“Stillman BancCorp, N.A.
Suburban Bank & Trust Co.
Success National Bank
Tempo Bank
The Bank of Edwardsville
Tremont First National
Union Savings Bank
United Community Bank
University National Bank
Warren-Boynton State Bank
Waukegan Savings and Loan, $B
West Pointe Bank and Trust Company
West Suburban Bank
Williamsville State Bank & Trust
Indiana
American Savings FSB
Bank One
Centier Bank
Citizens First State Bank
ECN Bank
Farmers State Bank
Fifth Third Bank
First Bank Richmond
First Farmers Bank & Trust
First Federal Savings Bank
First Indiana Bank
First Internet Bank
First Merchants Bank
First National Bank & Trust
First National Bank of Portland
First National Bank of Valparaiso
First Source Bank
First United Bank
Firstar
Grabill Bank
HomeBank $B
Indiana Trust Company
Irwin Union Bank
Jackson County Bank
Key Bank
Lafayette Bank & Trust
Lafayette Savings Bank
LaSalle Bank
Lincoln Federal Savings Bank
MarkleBank
MetroBank
MEB Financial
Monroe Bank
Mutual Federal Savings Bank
National City Bank
Old National Bank
Owen Community Bank
Owen County State Bank
Pacesetter Bank
Peoples State Bank
People's Trust Company
Randolph County Bank
Regional Bank
Salin Bank & Trust Company
Spencer County Bank
Springs Valley Bank & Trust Company
STAR Financial Bank
State Bank of Oxford
Terre Haute Savings Bank
The Friendship State Bank
Union County National Bank
Union Federal Savings Bank
Union Planters Bank
United Fidelity Bank
Armed Forces Bank
Capital City Bank
Capitol Federal Savings
Central National Bank
Citizens Bank of Kansas
Citizens National Bank of Kansas
Citizens Savings & Loan Association, FSB
Columbian Bank & Trust Company
Commerce Bank and Trust
Community National Bank Topeka
Country Club Bank
Douglas County Bank
Emporia State Bank and Trust Company
Farmers & Merchants Bank of Colby
Earmers State Bank of Oakley
Federal Home Loan Bank of Topeka
Fidelity Bank
Fidelity State Bank & Trust Company
First National Bank (Goodland)
First National Bank (Hays)
First National Bank & Trust of St. John
First National Bank of Kansas
First Security Bank of Norton
First State Bank and Trust Company
Eort Riley National Bank
Grant County Bank
Home National Bank
Intrust Bank
Kansas State Bank
State Bank of Ottawa/Baldwin City
Kaw Valley State Bank
Lyons Federal Savings
MidAmerican Bank
Mutual Savings Association
New Farmers National Bank
Ottawa County Bank
Peoples Bank
Peoples Bank & Trust
Security State Bank
St. John National Bank
Sunflower Bank
Union State Bank
University National Bank
Valley State Bank
Kentucky
Bank of Jamestown
Bank of McCreary County
Bank One
Berea National Bank
Bowling Green Bank &Trust
Citizens National Bank& Trust
Citizens Union Bank
Cumberland Security Bank
Farmers Bank and TrustCompany
Farmers National Bank
First Capital Bank ofKentucky
First City Bank & Trust
First National Bank of Manchester
Heritage Community Bank
Home Federal Bank
Independence Bank
Kentucky Bank
Louisville Community Development Bank
Monticello Banking Company
Owensboro National Bank
Paducah Bank
Peoples Bank of Northern Kentucky
Republic Bank & TrustCompany
Shelby County Trust Bank
South Central Bank ofBarren County
Southern Deposit Bank
Springfield State Bank
Star Bank
The Bank - Oldham County
The Bankers' Bank
Union Planters Bank
US Access Bank
Louisiana
Bank of Erath
Bank of Louisiana
Bank of Montgomery
Bank of West Baton Rouge
Bank One
Cameron State Bank
Citizens Bank & Trust
Citizens National Bank
City Bank & TrustCompany
Exchange Bank & Trust Company
Fifth District Savings & Loan Association
Guaranty Savings and Homestead Association
Gulf Coast Bank & Trust Company
Hibernia National Bank
Iberia Bank
Iberville Bank
Liberty Bank
Merchants and Farmers Bank & Trust Company
Metaire Bank & Trust
MidSouth National Bank
Mutual Savings & Loan
Parish National Bank
Progressive Bank
Rayne State Bank
Red River Bank
Ruston Building and Loan Association
Security First National Bank
Teche Federal Savings Bank
Massachusetts
Asian American Bank & Trust Company
Auburndale Co-operative Bank
Bank Boston
Bank of Fall River
Banknorth Massachusetts
Bank of Western Massachusetts
Bay State Federal Bank
Benjamin Franklin Savings Bank
Beverly National Bank
Boston Private Bank & Trust Company
Brookline Savings Bank
Cambridge Savings Bank
Cambridgeport Bank
Canton Co-operative Bank
Cape Cod Bank and Trust Company
Cape Cod Cooperative Bank
Cape Cod Five Cents Savings Bank
Capital Crossing Bank
Central Cooperative Bank
Century Bank
Charter Bank
Chicopee Savings Bank
Citizens Bank
Citizens-Union Savings Bank
Clinton Savings Bank
Community Bank
Community National Bank
Compass Bank
Country Bank
Danvers Savings Bank
Dean Bank
Dedham Savings
East Boston Savings Bank
Eastern Bank
Easton Cooperative Bank
Enterprise Bank & Trust Company
Everett Co-operative Bank
Ealmouth Co-operative Bank
First Essex Bank
EirstFed America BankCorp Inc.
Flagship Bank
Fleet Bank
Gloucester Cooperative Bank
Greenfield Savings Bank
Haverhill Cooperative Bank
Hingham Institution for Savings
Hudson Savings Bank
Hyde Park Savings Bank
Investors Bank & Trust Company
Ipswich Co-operative Bank
IpswichBank
Lee Bank
Lenox Savings Bank
Lowell Co-operative Bank
Milford Federal Savings & Loan Assn
Mansfield Co-operative Bank
Marblehead Savings Bank
Marlborough Co-Operative Bank
Middlesex Savings Bank
Milford National Bank & Trust Company
Monson Savings Bank
Natick Federal Savings Bank
Nantucket Bank
Newburyport Five Cents Savings Bank
North Brookfield Savings Bank
Northern Bank and Trust Company
Northampton Cooperative Bank
Peoples Federal Savings Bank
People's Savings Bank
Plymouth Savings Bank
Revere Federal Savings
Rockland Trust
Roxbury Highland Bank of Jamaica Plain
Salem Five Cents Savings Bank
Saugus Co-operative Bank
Scituate Federal Savings
South Shore Savings Bank
State Street Bank
Stoneham Co-operative Bank
Stoneham Savings Bank
The Cooperative Bank
The Pittsfield Cooperative Bank
United Cooperative Bank
Wainwright Bank & Trust Company
Warren Bank
Watertown Savings Bank
Webster Five Cents Savings Bank
Wellesley Co-operative Bank
Westborough Savings Bank
Williamstown Savings Bank
Woronoco Savings Bank
1st Mariner Bank
Allfirst Bank
American Bank
Baltimore County Savings Bank
Baltimore Trust
Bank of Delmarva
Bank of Glen Burnie
Bank of Southern Maryland
Bay National Bank
Bay-Vanguard Federal Savings Bank
Bradford Federal Savings Bank
Calvert Bank
Calvin B. Taylor Bank
Carrollton Bank
Cecil Federal Savings Bank
Centreville National Bank of Maryland
Chesapeake Bank of Maryland
Chestertown Bank
Chevy Chase Bank
Columbia Bank
Community Bank of Tri-County
County Bank
County First Bank
Eastern Savings Bank
Enterprise Federal Savings Bank
Equitable Federal Savings Bank
FE & M Bank - Allegiance
Farmers & Mechanics National Bank
Farmers and Merchants Bank & Trust
FCNB Bank
Fidelity Bank
First Shore Federal S & L Assn
First Virginia Bank
Forest Hill Bank
Hagerstown Trust
Hebron Savings Bank
Home Federal Savings Bank
Homewood Federal Savings Bank
Industrial Bank
Key Bank and Trust
Leeds Federal Savings Bank
Madison & Bradford Federal S & L Assn
Maryland Bank and Trust Company
Mercantile Bankshares Corporation
NBRS Financial
OBA Bank
Patapsco Bank
Peoples Bank
Peoples Bank of Elkton
Presidential Savings Bank
Provident Bank of Maryland
Provident State Bank
Regal Bank
Sandy Spring National Bank
Sequoia Bank
Severn Savings Bank
Sparks Bank
St. Michaels Bank
Suburban Federal Savings Bank
Talbot Bank
Union National Bank
Washington Savings Bank
Westminster Bank
Wyman Park Federal S & L Assn
Maine
BankBoston
Bar Harbor Banking &Trust Company
Bath Savings Institution
Biddeford Savings Bank
Border Trust Company
Camden National Bank
First Citizens Bank
First National Bankof Bar Harbor
First National Bankof Damariscotta
Fleet Bank
Franklin Savings Bank
Katahdin Trust Company
Kennebec Savings Bank
Kennebunk Savings Bank
KeyBank
Machias Savings Bank
MBNA America Bank
Mechanics SavingsBank
Merrill MerchantsBank
Ocean National Bank
Peoples, a Div. of Banknorth, N.A.
Pepperell Trust Company
Union Trust Company
United Kingfield Bank
Michigan
1st Source Bank
Alden State Bank
Alliance Banking Company
Bank of Ann Arbor
Bank One
Bay Bank
Byron Bank
Capitol Bancorp Limited
Century Bank and Trust
Charlevoix State Bank
Charter Bank
Chelsea State Bank
Chemical Bank
ChoiceOne Bank
Citizens Bank
Comerica Bank
County National Bank
Crestmark Bank
Empire National Bank
Earmers State Bank
First Independence National Bank of Detroit
First National Bank of America
Farmers State Bank of Munith
First National Bank (Iron Mountain & Kingsford)
First National Bank of Gaylord
First National Bank of Negaunee
First National Bank of Three Rivers
First State Bank of EastDetroit
Flagstar Bank
Founders Trust Personal Bank
Franklin Bank
Grand Bank
Hastings City Bank
Honor State Bank
Huntington National Bank
Isabella Bank & Trust
Kalamazoo County State Bank
LaSalle Bank
Marshall Savings Bank
Metrobank
National City
Northern Michigan Bank
Oxford Bank
Peoples State Bank
Republic Bancorp - Republic Bank
Shelby State Bank
Shoreline Bank
Standard Federal Bank
Sterling Bank & Trust
Sturgis Bank & Trust Company
The State Bank
United Bank & Trust
United Bank of Michigan
University Bank
Wolverine Bank
Minnesota
Atwater State Bank
Bank of Elk River
CenBank
Cenex Finance Association
Central Bank
Community Bank Group
Community National Bank
Eastwood Bank
Excel Bank
Farmers State Bank of Madelia
First Farmers & Merchants National Bank
First Federal Bank
First Integrity Bank
First National Bank and Trust of Pipestone
First National Bank of ElkRiver
First National Bank of St.Peter
First National Bank of Walker
First State Bank of Bayport
First State Bank of Rosemount
First State Bank of Wyoming
Fortress Bank
Goodhue County National Bank
Grand Rapids State Bank
Heritage Bank
Lake Area Bank
Lakes State Bank
Liberty Savings Bank
Liberty State Bank
Midway National Bank of St. Paul
National City Bank of Minneapolis
Nicollet County Bank
Norwest Corporation
North Shore Bank of Commerce
Pine River State Bank
Premier Banks
Prior Lake State Bank
Queen City Federal Savings Bank
Red River State Bank
Republic Bank
Saint Anthony Park Bank
Security State Bank of Maple Lake
Security State Bank of Mankato
Stearns Bank
Sterling State Bank
U.S. Bank
Wells Federal Bank
Western Bank
Winona National and Savings Bank
Missouri
Allegiant Bank
Bank of Belton
Bank of Jacomo
Bank of Kirksville
Bank of Monticello
Bank of Versailles
Bank of Washington
Bannister Bank & Trust
Boone County National Bank
Callaway Bank
Cass Commercial Bank
CBC Bank
Central Bank (Jefferson City)
Central Bank (Lebanon-Conway)
Central Bank of Lake of the Ozarks
Century Bank of the Ozarks
Commerce Bank
Community State Bank
Concordia Bank
Country Club Bank
Empire Bank
Exchange Bank
Farmers and Merchants Bank of St. Clair
Farmers and Merchants Bankof Hale
First Federal Bank
First National Bank
First National Bank and Trust Company
First National Bank of Missouri
First National Bank of St. Louis
Heartland Bank
Heritage Bank of St. Joseph
Jefferson Bank of Missouri
Kearney Commercial Bank
Kearney Trust Company
Liberty Bank
Liberty Savings Bank F.S.B. Bank
Midwest Independent Bank
Neosho Savings and Loan Association
O'Bannon Bank
Ozark Bank
Ozark Mountain Bank
Peoples Bank
Premier Bank
Pulaski Bank
Ripley County State Bank
St. John's Bank and Trust
Stone County National Bank
The Bank of Salem
Third National Bank of Sedalia
UMB Bank
Union State Bank
Mississippi
Bancorp South
Bank of Commerce
Bank of Holly Springs
Bank of Winona
Bank of Yazoo City
Britton & Koontz First National Bank
Carthage Bank
Century Bank
Citizens Bank of Philadelphia
Cleveland State Bank
Copiah Bank
First Bank
First National Bank of Clarksdale
First National Bank of Picayune
First National Bank of South Mississippi
First Security Bank
Bank of Franklin
First State Bank
Hancock Bank
Lamar Bank
Merchants & Farmers Bank (Kosciusko)
Bank First Financial Services
Merchants & Marine Bank
National Commerce Bancorporation
Planters Bank and Trust Company
SouthTrust Bank
Trustmark National
Montana
American Bank Montana
American Federal Savings Bank
Big Sky Western Bank
Citizens State Bank
First Citizens Bank
First Interstate Bank
First Security Bank
Glacier Bank
Heritage Bank of Kalispell
Manhattan Bank
Pioneer Federal Savings & Loan Assn.
Ravalli County Bank
Rocky Mountain Bank
Ronan State Bank
State Bank & Trust Company
Stockman Bank
Western Bank of Wolf Point
Western Security Bank
Yellowstone Bank
Anson Bank & Trust
Ashe Federal Bank
Bank of America
Bank of Granite
Bank of Oakridge
Bank of Stanly
BB&T
Cabarrus Bank & Trust
Cardinal State Bank
Central Carolina Bank
Centura Bank
Coastal Federal
Cooperative Bank
Fidelity Bank
First BanCorp
First Charter
First Citizens Bank
First Commerce Bank
First Community Bank
First National Bank and Trust Company
First Trust MortgageCorporation
First Union Bank
Lexington State Bank (LSB)
Lincoln Bank
Macon Bank
Mechanics and Farmers Bank
NationsBank
NBC Bank
North Carolina Trust
Piedmont Bank
Roanoke Rapids Savings Bank
SouthTrust Bank
The Community Bank
Triangle Bank
Wachovia Bank
North Dakota
American Federal Bank
American State Bank and Trust Company
American State Bank and Trust of Dickinson
Bank Center First
Citizens State Bank - Midwest
Community First Bankshares, Inc.
Community National Bank of Grand Forks
Dacotah Bank
Drayton State Bank
First International Bank & Trust
First Southwest Bank
First State Bank (Buxton, Grand Forks, Thompson)
First State Bank of NorthDakota
Peoples State Bank of Westhope
The First and Farmers Bank
Union State Bank Fargo
United Community Bank of North Dakota
Union State Bank Fargo
United Community Bank of North Dakota
Nebraska
Adams Bank & Trust
Cass County Bank
Citizens National Bank of Wisner
City National Bank (Greeley)
City National Bank & Trust (Hastings)
Commercial Federal Bank
Cornhusker Bank
Enterprise Bank
Earm Credit Services of America
Farmer's Bank & Trust Co.
First Bank & Trust Company (Cozad
First National Bank
First National Bank of Holdrege
First National Bank of Minden
First National Bank of Valentine
First National Beatrice Bank & Trust Company
First Nebraska Bank
Fort Calhoun State Bank
Eremont National Bank & Trust Company
Great Western Bank
Jones National Bank & Trust Company
McCook National Bank
National Bank of Commerce
Omaha State Bank
Pender State Bank
Platte Valley State Bank & Trust Company
Plattsmouth State Bank
Sidney Federal Savings & Loan Assn.
State Bank of Hildreth
State Bank of Odell
The Cattle National Bank of Seward
Two Rivers State Bank
Union Bank & Trust Company
United Nebraska Bank
Western Nebraska National Bank
United Nebraska Bank
New Hampshire
Bow Mills Bank and Trust
Centrix Bank & Trust
Connecticut River Bank,N.A.
Federal Savings Bank - Dover
First Signature Bank & Trust
Fleet Bank
Franklin Savings Bank
Granite Bank
Laconia Savings Bank
Lake Sunapee Bank
Ledyard National Bank
Mascoma Savings Bank
Meredith Village Savings Bank
Pemigewasset National Bank
Piscataqua Savings Bank
Profile Bank, F.S.B.
St. Mary's Bank
Savings Bank of Walpole
Woodsville Guaranty Savings Bank
Savings Bank of Walpole
Woodsville Guaranty Savings Bank
New Jersey
Amboy National Bank
American Savings Bank of NJ
Bergen Commercial Bank
Boardwalk Bank
Boiling Springs Savings Bank
Bridge View Bank
Cape Savings Bank
City National Bank
Clifton Savings Bank
Columbia Savings Bank
Community Bank of Bergen County
Commerce Bank
Crest Savings Bank
Crown Bank
Delanco Federal Savings Bank
Equity Bank
First Savings Bank of Little Falls
First Savings Bank (Woodbridge)
First Union
Franklin Savings Bank
Freehold Savings & Loan Association
Great Falls Bank
Greater Community Bancorp
Harvest Community Bank
Hudson City Savings Bank
Kearny Federal Savings Bank
Lakeland Bank
Magyar Bank
Manasquan Savings Bank
Metropolitan State Bank
Millington Savings Bank
NJM Bank
NVE Savings Bank
Ocean First Bank
Provident Savings Bank
Pulaski Savings Bank
Rahway Savings Institution
Rock Community Bank
Roma Federal Savings Bank
S|_Bank & Trust
Skylands Community Bank
Sovereign Bank
Spencer Savings Bank
Sturdy Savings Bank
Sun National Bank
Synergy Bank
The Bank of Gloucester County
The Towne Center Bank
Trust Company Bank
Union Center National Bank
United National Bank
Valley National Bank
Woodstown National Bank and Trust Company
Yardville National Bank
New Mexico
AccessBank
Bank of New Mexico
Bank of the Rio Grande
Carlsbad National Bank
Centinel Bank of Taos
Century Bank
Citizens Bank of Clovis
Citizens Bank of Las Cruces
First National Bank of Santa Fe
Los Alamos National Bank
Mountain Community Bank
New Mexico Bank & Trust
Peoples Bank of Taos
Union Savings Bank
Union Savings Bank
Western Commerce Bank
New York
Adirondack Trust Company
Astoria Federal Savings
Atlas Savings & Loan Association
Ballston Spa National Bank
Banco do Brasil
Bank Audi USA
Bank of New York
Bridgehampton National Bank
Broadway National Bank
Brooklyn Federal Savings Bank
Brown Brothers Harriman& Company
BSB Bank & Trust
Canandaigua National Bankand Trust Company
Carver Federal Savings Bank
Cattaraugus County Bank
Central National Bank
CFS Bank
Chase Manhattan Bank
Citibank
Cohoes Savings Bank
Commercial Bank of New York
Commerzbank
Cross County Federal Savings Bank
Dime Savings Bank of Williamsburgh
Elmira Savings & Loan
Financial Federal Savings
First National Bank of Dryden
First National Bank of Jeffersonville
First National Bank of Northern New York
First National Bank of Scotia
First Tier Bank & Trust
Flatbush Federal Savings and Loan Association
Fleet Bank
Flushing Savings Bank
Geddes Federal Savings & Loan Association
Great Eastern Bank
Highland Falls Federal Savings
HSBC Bank USA
Hudson River Bank &Trust Co.
Independence Community Bank
Israel Discount Bank of NewYork
Jamaica Savings Bank, FSB
Lake Shore Savings
LBS Bank
Long Island Commercial Bank
M &T Bank
Marine Midland Bank
Maspeth Federal Savings
Monaco Bank of Trade Inc.
MTB Bank
National Bank of Geneva
National Bank of Stamford
NBT Bank, NA
North Country Savings Bank
North Fork Bank
Orange County Trust Company
Oswego County Savings Bank
Pavilion State Bank
Pioneer Savings Bank
Ponce de Leon Federal Savings Bank
Provident Bank
Queens County Savings Bank
Reliance Bancorp, Inc.
Republic National Bank of New York
Richmond County Savings Bank
Ridgewood Savings Bank
Rondout Savings Bank
Roslyn Savings Bank
SBU Bank
SI_Bank & Trust
Skaneateles Savings Bank
Sound Federal Savings and Loan Association
Standard Chartered
State Bank of India
State Bank of Long Island
Sterling National Bank
Steuben Trust Company
Stissing National Bank
Suffolk County National Bank
Tioga State Bank
Tompkins County Trust Company
Troy Savings Bank
Ulster Savings Bank
Union State Bank
Wallkill Valley Federal Savings & Loan Association
Warwick Savings Bank
Wilber National Bank
Wyoming County Bank
Yonkers Savings and Loan Association
Nevada
Bank of America
Bank of the West
Citibank
Community Bank of Nevada
First Independent Bank of Nevada
First National Bank of Nevada
Nevada State Bank
Silver State Bank
Sun West Bank
U.S. Bank
Valley Bank
Ohio
Advance Financial Savings Bank
American National Bank
Apple Creek Banking Co.
Bank One
Belmont National Bank
Champaign National Bank andTrust
Charter One Bank
Chippewa Valley Bank
Sky Bank
Sky Bank
Citizens Banking Company (Sandusky)
Citizens Federal Savings & Loan Assn.
Citizens National Bank
Citizens Federal Savings & Loan Assn.
Citizens National Bank (Urbana)
Commercial Bank
Consumers National Bank
Cornerstone Bank
Dollar Bank, FSB
Fairfield Federal Savings& Loan
Fairfield National Bank
Farmers and Savings Bank
Farmers National Bank
Federal Home Loan Bank of Cincinnati
Fifth Third Bank
First Community Bank
First Federal (Defiance)
First Federal Savings and Loan Association (Van Wert)
First Federal Savings Bank of Ironton
First-Knox National Bank
First Merit
First National Bank of Germantown
Fort Jennings State Bank
Franklin Savings
Greenville Federal Savings & Loan Assn.
Guernsey Bank
Heartland Bank
Hicksville Building, Loan& Savings Bank
Home Savings & Loan
Huntington Banks
Kenwood Savings Bank
Key Bank
Liberty National Bank
Liberty Savings Bank
Mercantile Savings Bank
Mercer Savings Bank
Metropolitan National Bank of Youngstown
Monitor Bank
National City
Monroe Federal Savings & Loan Assn.
NCB Savings Bank, FSB
North Akron Savings Bank
Northern Savings & Loan Company
Ohio Savings Bank
Park National Bank
Peoples Federal Savings and Loan Association of Massillon
Peoples Savings & Loan, West Liberty
Provident
Second National Bank (Greenville)
Second National Bank (Warren)
Sky Bank
Sky Financial Group
Star Bank
Sycamore National Bank
The Hicksville Bank
The Richwood Banking Company
Twin Valley Bank
Union Bank Company
United Bank
United Midwest Savings Bank
U.S. Bank
Valley Savings Bank
Wayne County National Bank
Wayne Savings Community Bank
WesBanco
American Bank & Trust
American Heritage Bank
American National Bank (Ardmore)
AmeriCares Bank
Arkansas Valley State Bank (Broken Arrow)
Arvest American National Bank
Arvest Bank
Arvest State Bank
BancFirst
Bank of the Panhandle
Bank of Oklahoma
Bank One
Canadian State Bank
Central National Bank of Alva
Citizens Bank & Trust Company (Ardmore
Citizens Bank of Ada
City National Bank & Trust Oklahoma
Coppermark Bank
Exchange Bank and Trust Company
F & M Bank, N.A.
F&M Bank & Trust Company
First Bank
First Bank & Trust Company (Duncan
First Bank & Trust Company (Perry)
First Bethany Bank &Trust
First Farmers National Bank
First Fidelity Bank
First National Bank & Trust Company (Ada)
First National Bank & Trust Company (Ardmore
First National Bank and Trust Company in Clinton
First National Bank and Trust Co. of Weatherford
First National Bank (Altus)
First National Bank in Durant
First National Bank of Midwest City
First National Bank of Nowata
First National Bank of Okmulgee
First Priority Bank
First United Bank
Grand Lake Bank
Lincoln National Bank
Mid First Bank
National Bank of Commerce
NBC Bank
Oklahoma State Bank
Payne County Bank
Pioneer Bank and Trust
Quail Creek Bank
RCB Bank
Republic Bank of Norman
Security National Bank& Trust
Shamrock Bancshares
Southwestern Bank &Trust Company
Spirit Bank
Stillwater National Bank and Trust Company
Sulphur Community Bank
Superior Federal Bank
The Stock Exchange Bank
UMB Bank
United Bank of Del City
WestStar Bank
Oregon
Bank of America
Bank of the Cascades
Bank of the West
Community First Bank
Evergreen Federal
First Consumers National Bank
Inland Empire Bank
Lincoln Security Bank
Oregon Pacific Banking Company
Pacific Continental Bank
Pacific State Bank
Security Bank Holding Company
US Bank
West Coast Bankcorp
Pennsylvania
1st Main Line Bank
1st Summit Bank
Abington Bank
Allegheny Valley Bank
Allfirst Bank
American Bank
Apollo Trust Company
Atlantic Central Bankers Bank
Bank of Hanover and Trust Company
Bank of Lancaster County
BankPittsburgh
Beneficial Savings Bank
Blue Ball National Bank
Bucktail Bank & Trust Company
Charleroi Federal Savings Bank
Central Pennsylvania Bank
Century National Bank & Trust Company
Chestnut Hill National Bank
Citizens & Northern Bank
Citizens National Bank of Evans City
Citizens National Bank of Southern Pennsylvania
Commercial National Bank of Pennsylvania
Commonwealth Bank
Community Bank
CoreStates Bank
County National Bank
Dollar Bank
Downington National Bank
Eagle National Bank
East Stroudsburg Savings Association
Elverson National Bank
Ephrata National Bank
Eureka Bank
Farmers First Bank
Fidelity Bank
Fidelity Deposit & Discount Bank
First Capitol Bank
First Citizens National Bank
First Commonwealth Bank
First Commonwealth Financial Corporation
First County Bank
First Federal Bank
First Federal of Bucks County
First Keystone Federal Savings Bank
First National Bank & Trust Company of Newton
First National Bank ofBerwick
First National Bank of Greencastle
First National Bank of Herminie
First National Bank of Leesport
First National Bank of Mercersburg
First National Bank of Port Allegany
First National Community Bank
First National Trust Bank
FirstService Bank
First Star Savings Bank
First Union
Firstrust Bank
ENB Bank, N.A.
Founders' Bank
Fulton Bank
Eulton Financial Corporation
Gratz National Bank
Great American Federal
Great Valley Bank
Harleysville National Bankand Trust Company
Harris Savings Bank
Honesdale National Bank Bank
Investment Savings Bank
Jim Thorpe National Bank
Keystone Financial
Keystone Savings Bank
LA Bank
Lafayette Ambassador Bank
Laurel Savings Bank
Laurel Bank
Lebanon Valley Farmers Bank
Legacy Bank
Luzerne National Bank
Mellon Bank
Mercer County State Bank
Merchants Bank of Pennsylvania
Merchants National Bank of Bangor
Merchants National Bank of Kittanning
Mifflinburg Bank & Trust
Muncy Bank & TrustCompany
National Bank of the North East
National Penn Bank
Nazareth National Bank
Northumberland National Bank
Omega Financial Corporation
Parkvale Bank
Patriot Bank
Pennsylvania Business Bank
Pennsylvania Capital Bank
Pennsylvania State Bank
Pennview Savings Bank
Peoples State Bank
Pioneer American Bank, N.A.
PNC Bank
Premier Bank
Prestige Bank
Promistar Bank
PSB - Peoples State Bank
Quakertown National Bank
Scottdale Bank &: Trust Co.
Somerset Trust Company
Southwest Bank
Sovereign Bank
Standard Bank, PaSB
Susquehanna Bancshares Bank
Swineford National Bank
Third Federal Savings Bank
Turbotville National Bank
Union National Bank
United Bank of Philadelphia
Vartan National Bank
Wayne Bank
Williamsport National Bank
WingspanBank.com
Woodlands Bank
Rhode Island
Bank Boston
Bank of Newport
Domestic Bank
Fleet Bank
Milford Federal Savings & Loan Assn
Newport Federal Savings Bank
The Washington Trust Company
Westerly Savings Bank
South Carolina
AgFirst Farm Credit Bank
American Federal Bank
Arthur State Bank
Bank of America
Bank of Anderson
Bank of Clarendon
Bank of Greeleyville
Bank of South Carolina
BB&T
Beach First National Bank
Carolina First Bank
Carolina State Bank
Centura Bank
Clemson Bank & Trust
Coastal Federal Bank
Farmers & Merchants Bank of South Carolina
First Citizens National Bank
First Federal of Charleston
South Carolina Bank and Trust
First National Bank of South Carolina
First Reliance Bank
First Savers Bank
First Trust Mortgage Corporation
First Union
Greenwood Bank & Trust
Lighthouse Community Bank
Liberty Savings Bank
Mutual Savings & Loan Association
Mutual Savings Bank
National Bank of South Carolina
Palmetto Bank
Palmetto State Bank
Pee Dee State Bank
People's Community Bank of South Carolina
Peoples Federal Savings & Loan Assn.
Peoples National Bank
Plantation Federal Savings Bank
Provident Community Bank
Security Federal Bank
South Carolina Bank and Trust
SouthTrust Bank
The County Bank
Trust Company of the South
Wachovia Bank
Pinnacle State Bank
Wachovia Bank
South Dakota
Andes State Bank
American State Bank
BankWest
Brookings Federal Bank
Community First Bankshares, Inc.
Dacotah Bank
Farmers State Bank (Marion)
First Midwest Bank
First National Bank in Brookings
First National Bank in Garretson
First National Bank in Sioux Falls
First State Bank of Sinai
Founders Trust National Bank
Home Federal Bank
Rushmore Bank & Trust
State Bank of Alcester
Valley Banks
Valley Banks - Community Trust
Tennessee
Athens Federal
Bank of Cleveland
Bank of America
Bank of Bartlett
Bank of Crockett
Bank of Dickson
Bank of Halls
Bank of Jackson
Bank of Ripley
Bank of Sharon
Bank Tennessee
Carroll Bank and Trust
Cavalry Banking
Commercial Bank & Trust Company
Citizens Bank
Citizens National Bank (Athens)
Citizens National Bank (Sevier)
Citizens Tri-County Bank
City State Bank
Cleveland Bank & Trust
Colonial Bank
EFS Federal Savings Bank
Enterprise National Bank
First American National Bank
First Central Bank
First Citizens National Bank
First Community Bank
First National Bank of Oneida
First State Bank
First Tennessee Bank
First Virginia Bank
Hardin County Bank
InSouth Bank
Legends Bank
NBC Bank
Security Bank
Security Federal Savings Bank
Sevier County Bank
SouthTrust Bank
Sun Trust Banks
Traders National Bank
Tri-State Bank of Memphis
Union Bank
Union Planters Bank
Weakley County
Abrams Centre National Bank
Alliance Bank
Amarillo National Bank
American Bank
American Bank of Commerce
American Bank of Texas
American National Bank (Wichita Falls)
American State Bank
Bank of America
Bank of Galveston
Bank of Texas
Bank of the West
Bank One
Bank United
BankDirect
Baytown State Bank
Bonham State Bank
Brady National Bank
Brenham National Bank
Broadway National Bank
Caldwell National Bank
Canyon Creek National Bank
Central National Bank (Waco)
Citizens Bank & Trust Company
Citizens National Bank (Brownwood)
Citizens National Bank (Fort Worth)
Citizens National Bank (Henderson)
Citizens National Bank (Waxahachie
Citizens State Bank of Somerville
City National Bank (Kilgore)
City National Bank
City State Bank of Palacios
Clear Lake National Bank
Coastal Banc
Colonial Savings
Commercial National Bank of Texarkana
Community Bank & Trust
Compass Bank
CompuBank
Coppermark Bank
Del Rio National Bank
Eagle Bank
Eisenhower National Bank
Elgin Bank
Earm Credit Bank of Texas
Federal Home Loan Bank of Dallas
First American Bank Texas
First Bank (Azle)
First Bank & Trust of East Texas
Eirst Capital Bank
Eirst Capital Bank
First Community Bank (Houston)
First Convenience Bank
First-Lockhart National Bank
First National Bank of Athens
First National Bank in Cameron
First National Bank in Port Lavaca
First National Bank of Abilene
First National Bank of Anson
First National Bank of Beeville
First National Bank of Bellaire
First National Bank of Jacksboro
First National Bank of La Grange
First National Bank of Mineola
First National Bank of San Benito
First National Bank of Sudan
First National Bank of Texas
First National Bank of Trenton
First National Bank of Wichita Falls
First National Bank Texas
First Savings Bank
First State Bank (Happy)
First State Bank (Stratford)
First State Bank ofLivingston
First Texas Bank
First United Bank ofDimmitt
First USA
First Victoria National Bank
Fort Hood National Bank
Franklin Bank
Fredonia State Bank
Friona State Bank
Frost Bank
Gateway National Bank
Graham Savings & Loan
Heritage National Bank
Interstate Bank
Jefferson State Bank
Kleberg Bank
Landmark Bank
Laredo National Bank
League City Bank &Trust
Longview Bank & Trust
Main Bank
Mainland Bank
Mansfield Community Bank |
Marble Falls National Bank
MetroBank
Moody National Bank
National Bank
NBC of Texas
North Dallas Bank & Trust
Norwest Online
Orange Savings Bank
Perryton National Bank
PNB Financial
Point Bank
Schwertner State Bank
Schertz Bank & Trust
Security Bank
Security Bank Garland
Security State Bank
Share Plus Federal Bank
Southwest Bank
Southwest Bank of Texas
Star Bank of Texas
State Bank - La Grange
State Bank & Trust
State Bank of Texas
State National Ban k offexas
State National Bank of West Texas
Stephenville Bank &Trust Company
Summit Bancshares, Inc.
Summit National Bank
Synergy Bank
Texas Bank (Brownwood)
Texas Bank (Weatherford)
Texas Capital Bank
Texas Community Bank & Trust
Texas First Bank
Texas Gulf Bank
Texas National Bank
Texas State Bank (San Angelo)
The Bank & Trust
The Bank of Texas
ValueBank Texas
Woodcreek Bank
Woodforest National Bank
Woodcreek Bank
Woodforest National Bank
Utah
Bank of Utah
Bank One
Barnes Banking Company
Central Bank
Far West Bank
First Security Bank
First Utah Bank
Home Credit Bank
Lewiston State Bank
State Bank of Southern Utah
Zions First National Bank
Virginia
Acacia Federal Savings Bank
Access National Bank
Bank of Botetourt
Bank of Clarke County
Bank of Essex
Bank of Hampton Roads
Hanover Bank
Bank of Southside Virginia
Bank of Tazewell County
Bank of the Commonwealth
Bank of Williamsburg
BB&T
Benchmark Community Bank
Blue Grass Valley Bank
Cardinal Bank
Central Virginia Bank
Centura Bank
Chesapeake Bank
Citibank
Commonwealth Community Bank
Community Bank
Community Bank of Northern Virginia
E & M Bank - Peoples
First Citizens Bank
First Community Bank
First National Bank ofChristiansburg
First Virginia Bank
Fredericksburg Savings Bank
Guaranty Bank
Highlands Union Bank
Lee Bank & Trust Company
Miners & Merchants Bank& Trust Company
Monarch Bank
National Bank of Blacksburg
NBC Bank
New Peoples Bank
Northern Neck State Bank
Old Point National Bank
Planters Bank & Trust Company of Virginia
Rappahannock National Bank
Resource Bank
Rockingham Heritage Bank
Shore Bank
Southside Bank
The Fauquier Bank
The Middleburg Bank
Union Bank & Trust Company
Vermont
Chittenden Bank
Citizen's Savings Bank & Trust Company
Community National Bank
Connecticut River Bank
Factory Point National Bank
Lyndonville Savings Bank
Merchants Bank
Northfield Savings Bank
Washington
Anchor Savings Bank
Bank of America
Bank of Clark County
Bank of the West
Bank of Whitman
Banner Bank
Cascade Bank
Columbia Bank
HomeStreet Bank
EvergreenBank
Federal Home Loan Bank of Seattle
First Federal Savings of Port Angeles
First Mutual Bank
Heritage Bank
Islanders Bank
North Sound Bank
Northwest Farm CreditServices
Northwest International Bank
Pacific Northwest Bank
Pend Oreille Bank
Phoenix Savings Bank
Rainier Pacific
Riverview Community Bank
Seattle Savings Bank
Security State Bank
The Commerce Bank ofWashington
Today's Bank
U.S. Bank
Washington State Bank
Washington Trust Bank
Westsound Bank
Yakima Federal Savings & Loan Assn.
Wisconsin
Abbotsford State Bank
Amcore Bank
American Community Bank
American National Bank
AnchorBank
Associated Bank
Bank of Lake Mills
Bank of New Richmond
Bank of Prairie du Sac
Bank of Wisconsin Dells
Bankers’ Bank
Cornerstone Community Bank
Baraboo National Bank
Baylake Bank
Black River County Bank
Cambridge State Bank
Citizens State Bank ofLoyal
Community Business Bank
Community First Bank
Community State Bank
Cornerstone Community Bank
DMB Community Bank
East Dubuque Savings Bank
F&M Bank
Farmers & Merchants Bank & Trust
Farmers Savings Bank
First Bank & Trust
First Banking Center
First Citizens State Bank
First Community Bank (Milton)
First Federal Savings Bank
First National Bank (Manitowoc)
First National Bank of Baldwin
First National Bank of Hartford
First National Bank of Hudson
First National Bank of Waupaca
First National Bank of New Richmond
First National Bank of River Falls
First Northern Savings Bank
Firstar Bank
Fortress Bank
Fox Valley Savings Bank
Guaranty Bank
Great Midwest Bank
Green Lake State Bank
Greenwood's State Bank
Hiawatha National Bank
Home Savings Bank
Hometown Bank
Ixonia State Bank
Jackson County Bank
Johnson Bank
M&l Bank
Maritime Savings Bank
Markesan State Bank
McFarland State Bank
Mid-Wisconsin Bank
Monona State Bank
Monona State Bank
Mutual Savings Bank
Park Bank
Peoples State Bank (Prairie du Chien)
PremierBank
River Falls State Bank
State Bank of Cross Plains
State Bank of Drummond
State Bank of Florence
State Bank of Howards Grove
State Bank of Viroqua
Stephenson National Bank & Trust
The Bank of New Glarus
The National Bank of Waupun
The Peoples State Bank (Mazomanie)
Walworth State Bank
Wauwatosa Savings Bank
Wisconsin Community Bank
Wood County National Bank
West Virginia
Advance Financial Savings Bank
Bank of America
Bank of Mingo
Bank One
Belington Bank
Belmont National Bank
Bruceton Bank
Capital State Bank
Capon Valley Bank
Citizens Bank of Morgantown
Citizens National Bank (Elkins)
City National Bank
Davis Trust Company
First Century Bank
First Community Bank
First Exchange Bank
First National Bank (Ronceverte)
Hancock County Savings Bank
Huntington Bancshares, Inc.
Huntington Federal Savings Bank
OneValley Bank
Pendleton County Bank
South Branch ValleyNational Bank
United National Bank
WesBanco
Wyoming
American National Bank
Bank of Jackson Hole
First Interstate Bank
First Federal Savings Bank
First National Bank & Trust of Powell
First National Bank of Wyoming
First Security Bank
Hilltop National Bank
Jackson State Bank
Norwest
Oregon Trail Bank
Security State Bank
Shoshone First Bank
Tri-County Bank
Wyoming Bank & Trust
NUMBER ALLOCATIONS (THE FIRST FIVE DIGITS)
Before anything you must know how to create the number you will be issuing. Below is a list of the first five prefixes needed to create a legal CPN/SCN number.
The chart below shows the first 3 digits of the social security numbers assigned throughout the United States and its possessions. The same area, when shown more than once, means that certain numbers have been transferred from one State to another, or that an area has been divided for use among certain geographic locations.
SSN Area Number Location
001-003 New Hampshire
004-007 Maine
008-009 Vermont
010-034 Massachusetts
035-039 Rhode Island
040-049 Connecticut
050-134 New York
135-158 New Jersey
159-211 Pennsylvania
212-220 Maryland
221-222 Delaware
223-231 Virginia
232 North Carolina
232-236 West Virginia
237-246 Not Issued
247-251 South Carolina
252-260 Georgia
261-267 Florida
268-302 Ohio
303-317 Indiana
318-361 Illinois
362-386 Michigan
387-399 Wisconsin
400-407 Kentucky
408-415 Tennessee
416-424 Alabama
425-428 Mississippi
429-432 Arkansas
433-439 Louisiana
440-448 Oklahoma
449-467 Texas
468-477 Minnesota
478-485 Iowa
486-500 Missouri
501-502 North Dakota
503-504 South Dakota
505-508 Nebraska
509-515 Kansas
516-517 Montana
518-519 Idaho
520 Wyoming
521-524 Colorado
525-585 New Mexico
526-527 Arizona
528-529 Utah
530,680 Nevada
531-539 Washington
540-544 Oregon
545-573 California
574 Alaska
575-576 Hawaii
577-579 District of Columbia
580. Virgin Islands
580-584 Puerto Rico
586 Guam
586 American Samoa
586 Philippine Islands
587-665 Not Issued
667-679 Not Issued
681-690 Not Issued
691-699 Not Issued
700-728 Railroad Board**
729-733 Enumeration at Entry
750-772 Not Issued
You can also go to stevemorse.org/ssn/ssn.html (Decoding Social Security Numbers in One Step) This is a great site to work with and it is 100% FREE of charge!
To find specific years between 2003 through 2011 - You can go to ssa.gov/employer/ssnvhighgroup.htm -
This will help you to choose the 2nd set of numbers in the CPN - Once you have chosen the first five numbers you want to use, you pick the last four!
Now the last four are completely up to you! You can pick 481-51 (Iowa) and then choose 9873 as the last four - But here is the tricky part - In order to make sure that this number is 100% clean and does not belong to ANY LIVING OR DEAD PERSON - you must first skip trace this number - This involves using a software that allows you to do so!
You cannot go to SSNVALIDATOR.com and do this - This site is strictly for making sure the number you choose is not in the SSN DEATH INDEX - IT IS FOR NOTHING ELSE AT ALL!
You can check numbers by going to the following places:
1. SSA Business Services - ssa.gov (You must register)
2. Search Bug - searchbug.com (You must register for a business account)
3. Strong Tower - verifico.com (THIS IS THE BEST WAY TO CHECK THEM)
Now once you get the report back that the number does not belong to anyone, this includes a child - Then you are good to go and start building on that number. If it comes back as belonging to someone, then you MUST throw it away and try another number! Now you can still use the first five numbers - But you MUST change the last four!
Once you have successfully created your new CPN number - Now you can go and register it with IRS (Please see attachment "How to register your CPN with IRS)
Once you have done this step with IRS, now you MUST do the following:
TRIMERGE YOUR NUMBER - (Attach your personal information to the CPN)
americanexpress.com
just fill it out, and hit submit - Does not matter what you put as long as the CPN information is in there! After this is done - you MUST wait 72 hours (3 DAYS) to do anything -
Go to DriveTime.com and fill out the "GET APPROVED" Application.
Go to Etrade and open up an Etrade Personal Checking account - It is VERY SIMPLE TO DO. This gives you a bank account that you can use freely to pay anything you do with your CPN.
I also 100% recommend do these items below, this will make your profile strong! The first one is a DEFINITE!
Go to rentalkharma.com and fill out the application - There is a $25.00 fee - this will report up to two years of rental history on your profile which generates a great score! Make sure you have someone (Family or friend) that can verify the info for you! Again this is an EXCELLENT EXCELLENT IDEA for those who want a real fast score!
CapitalOne.com and apply for the secured card. It is a small $49.00 to get it! This is one of the best ways to get that primary line reporting in the next 7-10 days!
Myjewelersclub.com - There is a $99.00 one time fee for a $5000.00 line of credit that reports to all three credit bureaus.
CrownJewelers.com - Be sure to use an active email as your $2500.00 approval goes to the email you put in the application - You buy one small thing, less than $20.00 and you get a $2500.00 line of credit that reports!
Again I highly recommend everyone doing at least two of three above !
ONCE you have done all these steps and generated a score for yourself or the CPN - NOW you can add tradelines or start applying for credit cards - THIS IS TO BE SENT TO YOUR CLIENTS AFTER YOU ISSUE THEM THEIR NUMBER
CPN INSTRUCTIONS
Hello! Purchasing a CPN/SCN number can be one of the most freeing and best decisions of your credit life. Having a CPN is a huge responsibility, but the rewards for developing a strong CPN and taking care of it are worth it! With this number you are not only given a “second chance,” but when you have “fixed” your SSN Credit profile, you may continue
to use this number. The CPN can add an extra layer of protecting, allowing you to keep your SSN safe from fraud.
What is a CPN/SCN?
You may have made this purchase really not knowing what you were getting into. Or maybe that was just me. The CPN is a nine-digit identification number that looks like a social security number (SSN) and may be used in lieu of an SSN, for such purposes as obtaining credit.
According to the Privacy Act of 1974, one has the legal right to keep his/her SSN private.
In certain circumstances, consumers are required by law to disclose their SSN, such as to the Internal Revenue Service, employers, when registering a motor vehicle, buying a firearm, or applying for a federally insured loan. In other circumstances, federal law allows consumers to legally use a separate identification number, hence the opportunity to establish a CPN for a credit file.
CPN’s are commonly used by celebrities, members of Congress, and witnesses protected by the federal government to help protect their privacy and security. And, people like you and I.
IF your number is Randomized or Had shown “Unissued” by SSNValidator.com, these numbers may be good for only 7 to 10 years. Make plans.
OK, for the sake of argument, for the rest of the time I am going to assume that you’ve done some research on this handy little number. That you also know the major in’s and out’s of it. But just in case, I will use this booklet to go over the most common questions, usability, and LAWS regarding the CPN. This is NOT an all inclusive manual on the CPN/SCN, and you the consumer MUST do your own follow-up research to make sure you are complying with Local and Federal Laws.
First off, this is not an “ignore all my previous debt’s” card. Or a get into more credit trouble card. If you receive ANY credit, loan, cars and such with your CPN/SCN number, and you do NOT pay any of your debt back under this number, you will be committing fraud. You can find yourself in a very uncomfortable situation, in jail and/or in a Federal Prison. I know we’re coming on strong, but there is a need to. Some think that they can get away with “burning files,’ or “burning numbers” and not get caught. That is the wrong way to think. It is that vain of thinking that will wind you up in Prison along with other people we know. Yes, WE know people that are doing hard time for burning numbers. They took out loans, made agreements and did not satisfy the debt. Now, they have lost their freedom. Imagine what that would do to you, your family, your name!
Before you make a foolish choice, and think you can out smart our Federal Government, the FBI, and the Financial Institutions, THINK! They have better programs and more man power to find you. And, if you are a file burner, they will find you. Not today, and maybe not tomorrow, but they can and will find you. And if the Law comes to us about you, we will do the right thing.
PS: Fix your SSN Credit to. Do not neglect it.
OK, enough with the heavy. For those of you who’s intentions are right, your life is going to get better! My partners and I have spent many years using and researching this amazing little number! With this number you can start a whole new credit life. You can rent in a safe neighborhood. Drive a decent car. You can get the credit you need. You can hold your head high once again!
Let’s face it; most of us have dropped the ball credit wise. And now you’re in a pickle. So in order to get a car, rent a safe home, get a simple credit card, you need good credit!
There is no way around it! And as you know, that short of committing fraud, you are not guaranteed that 100% of the negative items will be removed with ordinary SSN credit repair.
The CPN number will allow you to build a credit profile in a short amount of time.
Depending upon your budget, you may have 700 to 800 scores in as little as 30 days!
After you have repaired your SSN and satisfied all that debt, you can use your CPN number as a shield to protect your SSN. This is what many Celebrates do in order to protect their identity. Again, we always insist that you fix and repair your SSN. It is important to do so. The SSN is your way to have a better job, and purchase a home. And if need be, receive government help from time to time. These are things that you cannot use your CPN for. You must use your SSN, and you may be turned down for help
because of bad credit. Fix your real credit.
Keep the information for your CPN separate from your SSN and your SSN info separate from your CPN info. If not, you will cause your files to merge, and if your SSN is in rough shape, this will harm your CPN. And did we mention we strongly recommend that you use your CPN to work on your SSN, through Credit Restoration and paying off any outstanding debts?
There is important information in here, and you need to know it. I know that this booklet is lengthy and can come off strong at times. You also need to do more research on your own, as this booklet does not cover everything. This booklet is only a rough out line of the basic do’s and don’ts. Trust me when I say, we have your best interest at heart. We
know what can happen if this number is misused. But we also know what can happen if this number is used and built correctly! FREEDOM!
Thank you for purchasing our product and may God bless you as you honor and keep your commitments!
This list below is the information you will use along with the CPN information. Place it on a card and keep it in your wallet or purse for reference.
1. Name
2. DOB
3. Grandmothers Maiden name. (Different from Mothers)
4. Email Address
5. Phone Number (for Tri-merge, use a Google Voice Number or similar FREE number)
6. Mailing Address. No PO Box, UPS Stores or Mailbox etc., or anyone you’ve used as a reference under your SSN, or have used YOU.
Do not use the same information from your SSN (other than your name and DOB) on your CPN information. Ever.
STEPS:
1) Tri-merge (Skip this step if your CPN/SCN has already been tri-merged)
2) Unghost/Indexing
3) Add AU’s/Primary’s
4) Apply for Credit
5) USE WISELY. Enjoy life and your new credit profile!
Before you Tri-merge, this is some of the info you will use:
CPN Employment:
Your employment will always be Management If you do not have an valid employer to use, and your income will always be between $55,000 and $85,000 per year for Tri-Merging. This is done in order to test and establish the number.
For length of time at employment, put 5 years, 5 months (unless you are not old enough to, then please use 3 years, 3 months) Same goes for length of time at your residence.
Tri-merge Housing:
You can rent or own and your payments or rent will always be $500 per month and you will have lived there for at least 5 years 5 months. You can slightly change the amount of your housing payments if you like, but I wouldn’t go too far over $600 or go under $450.
*** We are not asking you to commit fraud by having a different address and such. Or that you state a certain amount for income. These are steps in to keep your CPN separate from your SSN and what works best to “activate” your CPN. ***
These are the steps to take to make a strong CPN:
Tri-Merge Instructions: (Skip this step if your file is Tri-merged)
1) Go toroadloans.com - Fill out the application that you are Purchasing a auto.
Either use the CPN address or choose that you have not chosen a house. WAIT AT LEAST 24 HOURS.
2) services.quickenloans.com
This takes about 3 days to complete. Fill out the whole application with the information given. If you choose Quicken Loans, fill in that you need a refi. Take the time to “Chat” with them and ask if you are approved. Wait for about 3 days before you apply for credit or apply AU’s.
3) OR bankofamerica.com
These initial three steps will assign the CPN under your name and CPN address.
Wait 72 hours.
*** NEXT, go to CreditKarma.com and set up an account. If it comes up that you cannot be given a score because of a “thin file,” your number is good. Make sure your number has been tri-merged. It’s easy and the steps are listed below, If it still does not work, contact your broker. We will fix it or generate a new number for your.****
From this point you can add an Authorized User (AU) and/or a Primary Tradeline. If you are adding an AU or Primary and are over the age of 25, WAIT until you sign up for Creditchecktotal.com until
AFTER your AU/Primary provider says that the line(s) are added. The reason being, most adults over the age of 25 do not have a blank credit profile and there could be difficulty making your CCT credit update.
Also, if you are trying to get funding, you will want to purchase 2 to 3 AU’s, as you will need THREE lines for any REAL funding. ****
READ FURTHER ON HOW TO UNGHOST OR INDEX YOUR NUMBER
IF YOU PLAN TO TAKE YOUR CPN TO LENDING OR WANT TO MAKE IT STRONGER, DO THESE NEXT STEPS BEFORE YOU APPLY FOR ANYTHING.
With all of the fraud that has been committed using CPN’s, Banks have developed systems on how to “sniff” out a CPN. We have some of the best methods on making your number look like a real person is behind the number. And that is what you are. These steps will index your CPN number and/or CPN address so you're not a “ghost.” You do not have to do these steps. But in our experience, if you want a solid CPN that you can use for many many years, this is the route to go. If not, there is not even a guarantee that you’ll be able to get a credit card, or credit monitoring site.
AND these additional steps could make the difference between you receiving your loan or not. Is this a guarantee? No. There are NO guarantee when it comes to lending and CPN’s. But your chances are greater for success if you follow these simple steps.
1) Get a prepaid phone through either Verizon or ATT. CALL them to register it.
2) Go to listyourself.net and register your CPN Address, your Prepaid phone number and email
3) Go to your local grocery store and sign up for their club card.
4) Sign up for these magazines: Time, National Enquirer, Esquire and such
5) Get a hunting and/or fishing license.
Now your CPN is ready to:
1) Add an AU (Authorized User) and/or a Primary Tradeline (You can do this while or before you index your number)
2) Go to Kohls online, and apply for the card that has the high interested. Your initial credit should be $300. If you add an AU first, chance are your credit line will be higher.
Still no guarantee. Please ask your broker which one if you're not sure. (See instructions below)
3) After you have name your FIRST payment on your Kohls card, and/or your primary trade lines have posted, carefully apply for Fingerhut, Capital One, Credit One, Discover.
Space it out. Don’t do it all in one day. Every few weeks or once a month. Don’t rush it.
4) Do not over apply.
5) KNOW the law. We are not responsible for ANY mis-use of your CPN/SCN number.
This is what you may use your CPN for:
1) Credit Cards
2) Automobile Loans
3) Rentals
4) Loans
5) Checking Accounts. Non interest bearing
What the CPN is not to be used for:
1) Mortgages, unless it is a private mortgage
2) Employment
3) Anything interest bearing
4) Government programs such as Food Stamps, Section 8 Housing, and such like.
You also cannot use this for:
1) Tax purposes, to include employment
2) Any Government programs such as food stamps and such
3) Any type of mortgages other than PRIVATE mortgages
4) Any interest bearing accounts that you would pay taxes on.
In a nutshell, pay your bills, stay within the law, know the law, and you'll be fine. And while you’re at it, talk to your agent about credit repair. It would be wise to have your SSN Credit tip-top also.
And most of all, HAVE FUN!! ENJOY YOUR NEW FOUND FREEDOM!
Thank you for your business!
Hints, Q&A’s and Laws on the following
PLEASE READ THE FOLLOW PAGES FOR MORE INSTRUCTIONS, LAWS AND POINTERS.
This program is not intended to be used as a method of defrauding banks, creditors, or any other Organization that requires your social security number as identification. This program is not a method to avoid paying your existing or future debts. If you created the debt, you are responsible to repay that debt.
However, we will not support, facilitate, nor condone any fraudulent activity. The information here is informational purposes only and for you to use at your own risk. We are not lawyers or any legal services.
Nor are we licensed financial advisers; and any information given is purely what we’ve seen work, and is our opinion on how to properly use your CPN/SCN Profile. Please consult your local and national laws for more information. Please do your own research.
We have a non refund policy because of the work needed to give you the info IF your number is not “working,” contact us, we will validate your claim, and we will generate a new number at no cost for the first one.
FURTHER INSTRUCTIONS AND GUIDELINES
This is some of the SAME information as above.
This chance continually. We cannot always keep up. What worked yesterday may not work today. We cannot do ANYTHING about this.
1. If your birthday was changed because you previously had the credit cards that were specified on the application, you will change it back to your real birthday after doing the cap one application. This means that for step #2 you will use your real birthday. This will then update your credit file to reflect your birthday after the second application.
2. INSTUCTIONS FOR CAPITAL ONE Apply online. When you receive your Cap One card, go online to www.capitalone.com/activate and enroll online.
Do NOT call to activate the card.
Once you do activate please follow these steps (THESE STEPS ARE GOOD TO FOLLOW WITH ANY CARD):
1. DO NOT go and pull money off the ATM for your first transaction (they will freeze your card)
2. DO NOT spend your entire limit in one day. (they will freeze your card)
3. Spend a small amount and make a small payment! To make a payment, I HIGHLY suggest using MoneyGram to do so. You will use the code 1013 + your 16-digit card number. Do NOT go online and pay using a credit/debit card that it attached to your SSN- they will freeze your account and your CPN and SSN will LINK. I also suggest applying for a prepaid card with Rushcard.com using your CPN information, so that you may use this to pay for anything CPN-related.
The method I’ve personally have used, is to set up a bank account online, make with the initial deposit with the above methods, and then pay all my CPN debts through that bank account. Do not go to a bank that you are currently with or currently owe money to.
Wells Fargo, US Bank and Bank of America are great institutions to do business with.
Do right by them and they will take care of you.
4. Wait a full billing cycle and go online to check to make sure that Kohls or Cap One or your other cards have posted. Use Credit Check Total to see whether it has posted. You will have to pay. Deal with it.
5.Once you are approved by Kohls, wait until you use the the card/account and make a payment before you can apply for Capital One, Credit One or the Discover IT
card. You will want to either call or go online to apply. If you are younger than 24, you will want to apply for the Discover IT for Students credit card.
American Express is the most difficult card to get. If you do not have supporting documentation that they will want, don’t apply. They will ask for ID, SSN card and such. You’ve been warned. Do any of the above steps wrong, and the other banks will ask also.
6. Just remember that your CPN is NOT just for credit cards! Once your credit file is where you would like it to be, you can obtain an apartment, cell phone, utilities, personal loans, payday loans, bank account, auto loans, business
loans... It is up to YOU what you do with your new file! Do NOT apply for more than ONE credit line per week.
I cannot stress this enough: Your credit file is BRAND NEW. Do NOT apply for one card after the next. I only recommend one application per week, and you MUST wait for things to post to your credit file before moving on to the next step. You will want to have 3 credit lines on your file before you move onto other lines.
You may also try these services to build credit on your new CPN:
Fingerhut may give you a line of credit of $180 or more. You may be required to put down $30. Make sure you don’t use any cards that have your SSN attached to it.
huttonchase.com they will give you a $1800-$2000 limit
crownjewelers.com they will give you a $2500 limit
myjewelersclub.com they will give you a $5000 limit
oxpublishing.com, they will give you a $3500 limit
masoneasypay.com, not sure of the limit with these people but it's a free Tradeline
leaseville.com they have computers, cameras lots of electronics and will approve anyone
Straight from the FBI website:
Remember the SCN/CPN is solely for credit purposes only. Currently, federal law allows individuals to legally use CPNs for financial reporting and protects those individuals who do not wish to disclose their SSAN. Individuals who acquire CPNs are completely responsible for any debt they incur using this number.(fbi.gov/stats-services/publications/)
Legality of CPN:
Presently, federal law allows the ability for someone to legally use a private ID # for financial reporting purposes instead of a Social Security Number.
Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act:
(a) (1) It shall be unlawful for any Federal, State or Local Government Agency to deny any individual any right, benefit, or privilege provided by law because of such individual's refusal to disclose his or hers Social Security Account Number.
What this means is Federal Law protects those who do not wish to disclose their personal information (SS#) except where required to do so. Disclosure of your social security number is only required when dealing with the IRS, your employer, or when applying for a federally insured mortgage.
Instead of a Social Security Number, you now have the opportunity to establish a Credit Privacy Number (CPN).
A Credit Privacy Number is a new 9 digit number established for financial reporting purposes. This number is NOT a new social. It is simply an available file number at the credit bureaus that can have financial information reported. You have the right to establish this number only once, so do not abuse it.
The bureaus or the IRS can take part in this process to establish your CPN. YOU ARE LIABLE FOR PAYING BACK ANYTHING THAT IS BORROWED with this new CPN.
Further, in example, congress holds special privileges to the law; therefore, their privacy needs to be protected. In another example, witnesses under protection can be located if they use their true social security number for transaction. This is the reason why there is the existence of a Credit Privacy Number program. Reasons are not limited to the previous, so why shouldn't you have a CPN?
Members of Congress plan to reintroduce a bill to restrict the availability and use of Social Security numbers, hoping the effort will reduce identity theft. A Social Security Subcommittee Chairman by the name of E. Clay Shaw, announced at a July 11 hearing that he and subcommittee ranking member Robert Matsui, plan to unveil legislation to restrict the sale and public display of Social Security numbers, establish penalties for violations, limit dissemination of numbers by credit reporting agencies, make it more difficult for businesses to deny services if a customer refuses to provide their social security number. The goal is to improve the integrity of the Social Security number assignment process.
"Congress must act this session to protect the very number it requires each of us to obtain and use throughout our lifetime,” said Shaw.
Q: Why do these organizations insist on requiring your social security number to identify you?
A: Because we allow them to! The sole purpose of your social security number is for tax and social security use ONLY!
The law states that No federal, state, or local government agency may deny you any right, privilege or benefit due to your refusal to provide your SS # for any other reason than producing money for retirement account with the Social Security Administration, the IRS and your employer today.
Credit Bureaus are not legally allowed to "require" your Social Security Number.
In our country’s present credit reporting system a person may be assumed guilty and then must expend a great deal of time and resources to prove his or her innocence.
Additionally, once a negative item is in a credit file it may remain long past the 7 year time period most people believe is used. Additionally, a misreported item can show up in a credit report multiple times.
Q: What Will My New Credit Score Be?
A: Your new credit file will be completely blank, and it will take the acquiring of credit accounts and credit history to attain a new credit score.
Q: Am I still responsible for all my old debts?
A: Yes. You are still completely responsible to handle all of your prior debts.
Q: Is this a second social security number?
A: No. Your new nine digit credit profile number will not be used for any government interactions.
Employment, Drivers License's, Welfare, and any other social welfare was meant to utilize your Social Security Number to gain benefits.
Q: Can I use this number just like a Social Security Number?
A: No. This number is for credit purposes only and is not to be used for the following: Military, Child support, DSS income, SSI, taxes, FHA, VA, or any government programs or funding.
Q: What Can I Use With My New Credit Profile?
A: This new credit profile can be used for credit purposes only. It can be used for attaining credit cards,
car loans, mortgages (private party only), personal unsecured loans and more.
Q: What can I use my new CPN OR SCN Number for?
A: You can use your new CPN Number / SCN Number for any credit reporting purposes.
Use it to opening a bank accounts, credit cards, personal loans, auto loans, apartments, utilities, cable, cell phones, etc.
Q: Am I responsible for the debts on my old report?
A: Yes! You are responsible for all debts on your old report and debts incurred with your CPN Number / SCN Number. You must remember that while you are rebuilding your
credit, you must use your new number wisely.
Q: Is CPN Number / SCN Number Number are legal?
A. Yes. Go to "Is This Legal" page on our website for more info.
Due to certain rights guaranteed by the 1974 US Privacy Act Title V (View The 1974 Privacy Act), federal law allows the ability for someone to legally use a private ID # for
financial reporting purposes instead of a Social Security Number. Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act:
(a) (1) It shall be unlawful for any Federal, State or Local Government Agency to deny any individual any right, benefit, or privilege provided by law because of such
individual’s refusal to disclose his or heir’s Social Security Account Number.
The law states that No federal, state, or local government agency may deny you any right, privilege or benefit due to your refusal to provide your SSN for any other reason than
producing money for retirement account with the Social Security Administration, the IRS and your employer today. Credit Bureaus are not legally allowed to “require” your Social
Security Number. In our country’s present credit reporting system a person may be assumed guilty and then must expend a great deal of time and resources to prove his or her innocence. Additionally, once a negative item is in a credit file it may remain long past the 7 year time period most people believe is used. Additionally, a misreported item can show up in a credit report multiple times. Credit bureaus are private companies and are not affiliated with the government in any way, whatsoever. Although, the credit bureaus would like you to think otherwise.
Q: What will my new FICO be?
A: Any new credit file which is automatically crated by the credit bureaus computer will be blank. You will need to reestablish your credit, by applying for credit cards and other lines.
Q: What does the law say about credit and financial matters?
A: Title 5 of the United States Code Annotated 552(a) known as the Privacy Act, ruled in part: "Right to privacy is a personal right designated to protect persons from the unwanted disclosure of personal information.” - CAN Financial Corp vs. Local 743, D.D., T11, 1981 15F. Sup. 943, 111.
(A)(1) “It shall be unlawful to deny any individual any right, benefit, or privilege provided by law because of such individuals refusal to disclose his or her social security account number".
Pub. L 93-579: (B) "Any Federal, State, or Local Government Agency which requests an individual to disclose their Social Security Account Number shall inform that individual whether the disclosure is mandatory or voluntary, by what statutory or other authority such number is solicited, and what uses will be made of it."
The Equal Credit Opportunity Act (ECOA) prohibits creditors from denying you a loan based on reasons that have nothing to do with your credit-worthiness.
Q: How does this program work?
A: By understanding the law and applying credit re-establishment techniques, our proven techniques specializes in the establishment of credit through a completely separate and legal entity. With your new completely and separate legal entity, you will be able to build a new credit-worthy profile.
Q: How fast can I get credit through my new legal entity?
A: As soon as your new CPN Number / SCN Number has been assigned to you, your new credit profile is created and you can start applying for credit.
Q: Can I use the CPN Number / SCN Number to open Bank Accounts and apply for personal loans?
A: YES
Q: Can I use the CPN / SCN on credit card applications?
A: YES; You can use your new credit profile obtain major credit cards, department store cards, gas cards, auto loans, bank loans, real estate, and any other type of financing you
desire.
Q: Can you use the CPN Number / SCN Number for mortgage?
A: NO
Q: Can I use CPN Number / SCN Number for employment?
A: NO
Q: Will my current credit profile get mixed in with my new credit profile?
A: The only way your new credit profile can get mixed in with your old in our program is by willingly disclosing your old credit profile information with your new one
So again: Pay every debt you incur, be upfront, do not commit fraud, do not use your number for any government loans or programs and you'll be fine!
And have FUN!! Enjoy your new freedom and life!!!
If you have any questions pertaining to the use of a CPN/SCN, please do not hesitate to ask me. If we can answer your question and help you, we will!
Thank you for your business!
If your questions have not been answered above, we recommend you do your own research, Please use your CPN/SCN wisely and responsibly. We assume no liability for use or misuse of YOUR CPN/SCN. You have been give the basic guidelines and instructions and have been given further advice to bring yourself up on the current laws concerning CPN/SCN numbers.
This program is not intended to be used as a method of defrauding banks, creditors, or any other organization that requires your social security number as identification.
This program is not a method to avoid paying your existing or future debts. If you created the debt, you are responsible to repay that debt. However, we will not support, facilitate, nor condone any fraudulent activity. The information here is informational purposes only and for you to use at your own risk. We are not lawyers, legal Services or Licensed Consultant. We have a strict no refund policy because of the work needed to give you the info.
HOW TO REGISTER YOUR SCN/CPN
As you may have learned already, there are many benefits in having a CPN. You are able to build a whole new credit profile, and protect your SSN. With this new credit profile you’ve been able to apply for and receive credit cards,
vehicle loans, and maybe even consolidated some debt.
But what if I told you, you can take this to the next level? What if I told you, you could purchase property with your CPN? I know, we told you you cannot do this. And that is true. Not with the CPN itself. But like anything, there is a way.
If you’ve been taking care of your CPN and building it properly. And by taking care of it I mean, paying your bills on time, not over spending, keeping your DTI (Debt to Income) ratios in check, you’re living within your means. And you've also have either added Primary Trade-lines, or you’ve made your own. Either way, your file is now strong. With a strong CPN File, you can use it as a PG (Personal Guarantor). As a PG you can back a new business, old business, OR back a mortgage loan. But first, you must register your name and new CPN with the IRS.
STEP 1:
Go to the IRS website: irs.gov and click “Begin Application”
Make sure you have all of your information present with you. You have a limited amount of time to complete this.
SELECT YOUR BUSINESS TYPE:
Corporate Users select your business type and proceed by clicking continue.
Personal Use CPN’s selecting Sole Proprietor or Partnerships are preferred. Be aware that one one (1) sole EIN can be issued; so if you previously had a sole proprietorship EIN please proceed the Partnership Classifications.
Again, click Continue
You will select Partnership or Joint Venture. Choose what applies to you then click Continue.
I’m not going to go through each screen as it will be very simple to understand.
On or around Page 5, you will be asked:
Why is the Partnership requesting an EIN?
In most cases, “Started a new business” is the typical answer. Starting a Partnership with Yourself or Others where you are changing or creating a new business name will constitute reason for generating a new EIN for your CPN.
Click to proceed.
Next you'll be asked “Who is the Responsible Party?
If you’re attaching this EIN to an Existing Business you will need to know the Business Name and EIN in the following screen; and your CPN will be attached to your existing business. Typically CPN’s will be attached to an individual; so in the next screen you will need to enter your SSN to proceed.
Do not fret! You will not merge your SSN profile with your CPN profile. The IRS does not share this information with the Credit Bureaus or Creditors.
Click to continue.
Follow the instructions by adding either your business name and EIN if you have one already. If not, add your name and SSN.
Click to continue.
Enter your business address or other address.
Click to continue.
OK, pay close attention!
In the section: Tell us about the Partnership you will:
Legal name of Partnership: Enter the name you used for your CPN (fictitious or otherwise)
Trade name Doing business as: Enter your CPN Number here.
The rest is self explanatory.
Do not over think it. It’s very simple.
Click to continue.
The following questions are usually NO.
Click to continue.
Enter what you do or plan to do. (Just choose one.)
Click to continue.
Choose whether you'd like to receive your information by Email or Mail. Most people choose to receive your
information by mail.
Click to continue.
Save, print, print screen the information that will be given.
You have Incorporated your NAME and CPN. Your EIN allows you the ability to pay taxes on any interest or earning that you’ve made under your CPN. Keep things legal and legit.
STEP 2:
Now that you have properly registered your CPN with the IRS you’ve opened up a new door. This is NOT an exhaustive way to use your CPN and EIN number. YOU are responsible to learn all you need to know to stay within the limits of the law. This is only to “jump start” you and get you going in the right direction.
If you plan on purchasing property with you CPN this is how:
You would fill out the Application like normal; as a business. Only in the SSN section you would use your EIN. The name or name of the business would be “John Smith Inc.”
You may be wondering, where does the CPN play. Very simple. When asked to fill in the section on who is backing the loan (Your PG), you fill in your CPN information. Too easy.
Don’t over complicate this. It’s very simple. Stay within the limits of the law and you'll be fine. And please, pay your bills.
If you have any further questions, please do not hesitate to ask.
This program is not intended to be used as a method of defrauding banks, creditors, or any other organization that requires your social security number as identification.
This program is not a method to avoid paying your existing or future debts. If you created the debt, you are responsible to repay that debt. However, we will not support, facilitate, nor condone any fraudulent activity. The information here is informational purposes only and for you to use at your own risk. We are not lawyers, legal Services or Licensed Consultant. We have a strict no refund policy because of the work needed to give you the info.
General Instructions for Registering in DUNS /SAM
If you have not previously registered in DUNS or SAM, read all instructions below before you register in these systems.
A GUIDE TO BUILDING SMART BUSINESS CREDIT
Establishing business credit can be the key to growing your company
DID YOU KNOW?
* Business Credit can help grow your business
* Sound payment practices are key to a solid business credit profile
* Separating Business Credit and Personal Credit can greatly mitigate your risk
* There are 4 keys to building business credit
* Credit applications can be made easier by following a few simple steps
INTRODUCTION
You may think that business credit has limited application for your business that it matters only when you're trying to secure financing. In reality, business credit is a powerful tool that can help you save money, establish valuable commercial relationships, and, ultimately, grow your business.
That said, business credit may not be easy to understand, and establishing It can be difficult. The goal of this guide is to demystify the topic and provide clear, concise advice on how to develop business credit that works harder for your business over the long haul.
BUSINESS CREDIT BASICS
Let's start with the way you pay.
Do you run your company using a combination of supplier on cheetal tows borrowing power of financing and personal credit maybe adding an equipment your business and puts
lease or commercial loan into the mix? Do you have a few other companies at leers that extend but ease about extending suppliers that extend payment terms, but you buy office supplies mean Taine on a personal credit card, and have the telephone account listed in your own name?
Being inconsistent in maintaining sound payment practices may result in missing important opportunities to build a solid business credit profile. Whereas having a robust history of steady payments to a variety of creditors boosts the borrowing power of your business and puts other companies at ease about extending credit to your firm, says small business legal and financial expert Barbara Waltman, author of The Rational Guide to Building Small Business Credit.
SEPARATING BUSINESS AND PERSONAL CREDIT
It's important to maintain a business credit profile that is distinctly separate from your personal credit profile.
Building separation between the two can help your business develop the credibility that matters to banks, suppliers, and other creditors, according to Waltman. A business credit profile that includes multiple, positive reports from financial institutions, vendors, utilities, telephone accounts, lessors, and other operational credit accounts In your company’s name shows that your business pays Its creditors in a timely manner. Maintaining separation can also protect your personal credit profile should a financial mishap occur in the company, and, conversely, can help insulate your business from anything that might have an adverse affect on your personal credit.
UNDERSTANDING CREDIT REPORTING BUREAUS
Your credit bureau report is at the heart of building business credit.
Credit reporting agencies collect credit data from a wide range of sources.
This information is used to create a profile that illustrates how your business has historically met its financial obligations, which helps prospective creditors
decide whether to take a chance on extending credit to your company.
Most bureaus make It easy to report this data, and standards vary by bureau.
In some cases, businesses are able to report information about themselves.
But in an effort to maintain data integrity, some bureaus use only information that has been verified by a third party, a practice that ensures unbiased reports and helps level the playing field for all businesses.
The majority of banks, credit card companies, and other financial institutions report payment patterns to credit bureaus on a regular basis. However, to make sure you're fully covered, it's a good idea to ask suppliers and business partners to do the same, advises Lite Epstein, author of The Complete Idiot's Guide to Credit Scores.
Why a business credit profile matters
A good business credit profile serves two primary functions: it good business helps your company more easily gain access to the credit it needs at better terms, and it can help you understand more about the your company more companies with which you do business. easily gain access to the credit it needs at Lenders, suppliers, and partners often review business credit refiles to hello them determine the risk involved about the credit to your company. This helps them gauge how likely your companies with which company will paying a timely manner. In short, it hellos them decide you do business.
Whether or not to do business with you. By the same token, you should examine the credit profiles of other companies in order to evaluate the financial stability of a prospective customer, supplier, manufacturing facility, or other business partner.
Although it’s often overlooked, notes Waltman, evaluating a prospective clients commitment and ability to make payments Is a critical step to take prior to extending credit.
“Many small business owners are so excited to make a sale that they don’t do their homework,” she adds. “Remember, it’s not a sale until you get paid. Unless you like to work for free, you need to make sure you get the necessary profile information up front.”
ESTABLISHING BUSINESS CREDIT
So what does it take to build your business credit profile?
The following best practice guidelines offer a perspective on the fastest, most efficient way to get It done:
Borrow and pay. Some businesses think that the only way to establish business credit is to open a business credit card. It is just as important.
While that makes sense for some companies, securing credit to consistently monitor terms from suppliers or taking out a commercial loan can el central offer similar benefits with fewer downsides. Paying according Areal i to agreed-upon terms is the first step in establishing good ceil business credit.
Be visible, (i.e., ensure that your good behavior is reported).
Unfortunately, unless your creditors are reporting timely payments to credit bureaus, a good track record won't help your business credit profile. Ask suppliers and other businesses that extend credit or payment terms to your company to consistently report your payment history. Many bureaus have an option to do so through their websites, or the company can contact the bureau's customer service department for assistance. The more positive reports there are in your company’s profile, the more comfortable other companies or creditors will be doing business with you.
Monitor your company's profile. It is just as important to consistently monitor your company’s credit profile as it is to monitor your personal credit profile, says Waltman. You can order your business credit report from each bureau for a fee, which varies by bureau. It's a modest investment that will help you spot any issues in the file and address or correct them. !n addition, active business credit monitoring can alert you to any fraud being perpetrated in the name of your business. Be sure to check your credit profiles well in advance of applying for new credit so that you have time to address any inaccuracies or problems prior to submitting your loan or other credit application.
Act like a business. Even the smallest operation can benefit from a positive business credit profile. Again, your business accounts (telephone, utilities, leases, loans) should be established in your business’ name. In the early stages of a business, you may need to personally guarantee payment, but the more established your business credit history is, the more likely it is you'll be able to negotiate and secure good credit terms without those guarantees.
KEYS TO CREDIT APPLICATIONS
As your business grows, you'll probably need to Credit applications complete credit applications for your suppliers, an be hay I securing vendors, and other creditors. FT ea.
higher credit lines, and this applications can be key to securing lower interest rates, TL Late lash a flexibility you need to higher credit lines, and gaining the financing flexibility you need grow your business.
to grow your business (and continue to build a strong payment history). Consider the following guidelines before you complete a credit application:
Evaluate your own business credit. It's always a good idea to review your business credit profile before applying for new lines of credit. As discussed above, your business credit profile includes a wealth of information that prospective creditors will use to make decisions about the amount and terms of your credit line. Such information may include payment history, tax liens, judgments, collection activity, and inquiries from other prospective creditors.
Try looking at your profile through the lens of a creditor, reviewing such information as:
= Trade payment history. Does your company have a history of paying its bills on time, or are you routinely late? Late payments in the past may simply be the result of a temporary cash flow crunch, but if your company regularly lags in paying bills, creditors may not see your business as a good credit risk.
= Credit balances. Is your company using a high percentage of its overall available credit? This may be a reason to seek additional credit, but it may also be a warning sign that your firm is overextended. On the other hand, are balances relatively low compared to credit limits? This may indicate good financial management.
= Track record. How long has your company been in business? Startups may be riskier debtors than companies with long histories of paying bills on time.
= Red flags. Review your firm’s credit report for liens or judgments. One or two such reports may not be deal-breakers, but they may require you to explain what happened. If there are items that need explaining, be up front. Perhaps your business had a short-term, cash-flow crunch;
or you lost a key employee, which led to some black marks on the report. It's better to address them than to ignore or hide them.
Get good references. Your business will often be asked for credit references.
Be sure to contact your references ahead of time to ask for their permission to be included on credit applications. Failing to do so could make the contact less inclined to give you a positive reference. There may also be an issue that you aren't aware of-such as an overlooked invoice or other problem that, if reported, could reflect poorly on your business. Try to provide three to four references. It's likely that prospective creditors will ask them:
= How long they have done business with your company?
= What is the maximum credit line they've extended to your business?
= How long does your company typically take to pay an invoice?
= Have there been times when your company hasn't been able to pay on time?
Fill out the form completely. When completing the application, be sure to provide all of the information requested. Skipping sections could lead to delays or even result in your credit line being denied. If you have questions, contact the creditor to get them answered.
CONCLUSION: GROWING YOUR BUSINESS WITH GOOD CREDIT PRACTICES
As you've read, good business credit has an impact on more than just a loan application; it can be at the core of fueling the growth of your business.
It provides access to the funding and payment terms you need to expand and, perhaps most important, build trust in loan application.
Employing good business credit practices doesn’t have to be can be at the core of confusing or challenging. Maintaining a distinctly separate of your business. It business credit profile, staying current on payments to creditors, RO een ensuring that your good payment history is reported to the credit funding and payment bureaus, and monitoring your business credit profile to detect terms you need to. Fraud expand and, perhaps issues or fraud can help your business grow. Optionally, when most important, build you find yourself in a position to extend credit to your customers, trust in any business you have the same opportunity to use the commercial credit tools outlined above to limit your risk.
THINK LIKE A BANKER: THE 4 CS OF BUSINESS CREDIT
To make the most of business credit, it helps to think like a loan officer.
Banks have four key criteria that they typically use when evaluating a business's creditworthiness the Four Cs of Business Credit (Character, Collateral, Condition, and Capacity). Different banks will weight these factors according to their own practices, but it helps to put your best foot forward in each of these areas when presenting your business as a potential borrower.
1. Character. Lenders and creditors want to be sure that they're doing business with reputable companies and not putting themselves at risk of fraud or other negative activity. If your business or personal credit profiles show spotty payment history, liens, judgments, or other red flags you will need to be prepared to explain those factors or accumulate a longer period of steady payments before seeking new credit.
2. Collateral. A financial institution may need to secure a loan based on something of value to your business. It may take the form of business equipment, inventory, or other assets the business owns. Some lenders will seek personal guarantees and may look for personal assets, such as real estate, to secure the loan. The more collateral your business has, the easier it generally is to get the money or terms you need.
3. Condition. A solid business credit profile indicates a strong financial history, (i.e., a business in good condition). To show your business in the best possible light, work with your vendors, suppliers, and other creditors to ensure that they are reporting your timely payments to business credit bureaus. This will help tell the story of your business’ robust health. Lenders and other creditors may look at the personal credit scores of owners or partners in the business, so be mindful of those profiles as well.
4. Capacity. Before extending credit, lenders want to know that your business generates enough revenue to meet the payment obligations. This will be easier for established businesses with a history of sales than it will be for startups. If your business is new, provide information about projected sales and expenses, along with an explanation of how you arrived at those numbers. Be realistic; lenders may compare your projections to industry standards. If you overestimate your expected sales and underestimate expenses, that can be an indication that you may not have done your financial homework well.
Give yourself time to prepare in advance of meeting your lender, and be ready to answer questions about each of these four categories. Look at your business with a critical eye, so that you can anticipate potential stumbling blocks, and be prepared to answer tough questions from your lender. Being prepared can mean the difference between approval and rejection.
BUSINESS CREDIT RESOURCES
As creditors increasingly rely on business credit profiles to make real-time decisions about credit terms, it is more important than ever for your business to build a solid credit profile with a robust history of timely payments. By integrating state-of-the-art technology and superior data, Experian’s Business Information Services is an important resource in helping you build your business credit.
Experian is a leader in providing data and predictive insights for businesses, helping them mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on 99.9 percent of all U.S. companies, with the industry's most extensive data on the broad spectrum of small and mid-sized businesses, including yours.
Learn more about your current profile and how to make it a forceful tool in building your business by visiting us at experian.com.
Steps to establishing your business credit.
Incorporate your business. Even though you may be incorporated when you're reading this, it deserves a mention. With sole proprietorships and general partnerships, the business is legally the same as the owner, therefore, there can be no separation of business credit history from personal. Incorporating a business or forming an LLC creates a business that is legally separate from the owner(s).
Obtain a federal tax identification number (EIN). The EIN is basically a social security number for a business. It is required on federal tax filings, and is also required to open a business bank account in the name of the corporation or LLC. In order to comply with IRS requirements, many larger businesses also require an EIN from their vendors in order to pay them for services provided.
Open a business bank account. Open a business checking account in the legal business name. Once open, be sure to pay the financial transactions of the business from that account. If you use a business credit card (see below) for many financial transactions, be sure to pay the credit card bill from your business checking account.
Get a DUNS Number: Issued by the main adjudicator of business credit, Dun & Bradstreet, a DUNS number is your business’ credit profile number.
Establish a business phone number. Whether you use a landline, cell phone or you use VoIP, have a separate number for your business and in your business’s legal name. List that number in the directory so it can be found.
Open a business credit file. Open a business credit file with all three business reporting agencies: Experian, Equifax and TransUnion.
Obtain business credit card(s). Obtain at least one business credit card that is not linked to you or any other owners personally. Pick a business credit card from a company that reports to the credit reporting agencies.
Establish a line of credit with vendors or suppliers. Work with at least five vendors and/or suppliers to create credit for your company to use when purchasing with them. Ask them to report your payment history to the credit reporting agencies.
Pay your bills on time. Perhaps it should go unsaid, but be sure to pay your bills on time. Like with your personal credit, late payments will negatively impact your business credit.
Steps to establishing your business credit.
General Instructions for Registering in DUNS /SAM
If you have not previously registered in DUNS or SAM, read all instructions below before you register in these systems.
IMPORTANT FACTS
All organization/entity information MUST BE IDENTICAL IN BOTH DUNS and SAM.
You cannot enter one address for DUNS and then a different address for SAM. This will cause a system error and result in significant delays.
You cannot have unequal spacing between words in the primary contact information fields. Be very precise when entering all data.
Certain internet browsers work better than others for navigating the SAM system. If you have technical difficulties, read “Browser Settings for Optimal Use of SAM”:
Obtaining a CAGE or NCAGE code is an important first step in this process. Please scroll to the “Definitions” section below for further information.
For SAM Customer Service, contact:
Federal Service Desk: www.fsd.gov
US Calls: 1-866-606-8220
International Calls: 334-206-7828
You may also contact your DIC point of contact
There is no registration fee for DUNS or SAM for any organization that is a (or is applying for) financial
assistance recipient of the US government, including contracts, grants, and cooperative agreements.
There are businesses that will assist in registration for a fee, but you are not required to make payment to any DUNS representatives for purposes of contracts, grants, or cooperative agreements.
SAM INSTRUCTIONS TO READ PRIOR TO REGISTRATION
Go to www.sam.gov
Click on the “Help” Tab.
Click on the “FAQs” Tab, read the “SAM User Help” information.
Click on the “User Guides” tab, then the “Quick User Guides” tab below.
Read the “Quick Start Guide for Entities Interested in Being Eligible for Grants.” sam.gov
Click on “Full User Guide” and download full instructions for completing SAM registration.
This guide contains step-by-step screen shots to assist in the registration process.
Also under the “User Guides” tab are “Demonstration Videos:”
SAM Overview Video
Register a New Entity in SAM to be Eligible for Grants and Other Federal Assistance
Migrating Your Legacy System Roles
For SAM frequently asked questions (FAQs), go to: sam.gov
Once you have read through the formal instructions on the SAM website, you can use the instructions
below for basic reference when entering SAM organizational information.
If you are awaiting an assistance award from DIC, please email your Grant Specialist once you have
completed SAM registration.
BASIC INSTRUCTIONS FOR COMPLETING SAM ENTITY REGISTRATION
First, complete DUNS registration for your organization. See below for DUNS information.
Create a Personal Account and Login
Click "Register New Entity" under "Manage Entity" on your "My SAM" page
Select your Entity type
Select "NO" to "Do you wish to bid on contracts?"
Select "YES" to "Do you want to be eligible for grants and other federal assistance?"
Complete "Core Data"
Validate your DUNS
Enter Business Information
Enter CAGE code if you have one. If not, one will be assigned to you after you have completed your
registration. Non-domestic registrants must enter NCAGE code.
Enter General Information (business type, etc.)
Financial Info (EFT)
Proceedings detail
Complete "Point of Contact"
The entity's registration should be active in 3-5 business days (10 business days for manual validations.)
DEFINITIONS
DUNS Number
Dun & Bradstreet (D&B) provides a DUNS Number (a unique nine-digit identification number) for each physical location of your business. DUNS Number assignment is FREE for all businesses required to register with the US Federal government for contracts or grants.
If your organization does not have a valid DUNS number, you must request one using one of the methods below. Regardless of the method used, requesting the DUNS number for the first time is free of charge. Please be aware that requesting and renewing a DUNS number may take up to 30 business days.
Via the DUNS website at fedgov.dnb.com
The DUNS website has information available in English only. Requesting a DUNS number is free of charge.
Via an international DUNS office:
dandb.com
dnblatam.com
If your organization already has a DUNS number, please verify that it is valid. The DUNS number must be renewed on an annual basis by either of the two methods below:
Directly through the DUNS website. No fee is charged.
* Contacting the international DUNS office in your country. A fee is charged depending on locality and urgency of request. Contact information can be found here: dandb.com
CAGE and NCAGE Code in SAM
The Commercial And Government Entity (CAGE) Code is a five-character ID number used extensively within the U.S. federal government, assigned by the Department of Defense’s Defense Logistics Agency (DLA). The CAGE code provides a standardized method of identifying a given facility at a specific location. CAGE codes for entities located outside the United States are called NATO Commercial and Government Entity (NCAGE) codes. NCAGE codes are assigned internationally as part of the NATO Codification System (NCS), and are required for all foreign entities or the registration will be considered incomplete.
A CAGE code or NCAGE code will be automatically assigned to you as a part of your entity's registration in SAM. NCAGE is required for all foreign entities or the registration will be considered incomplete. Information on how to obtain NCAGE codes may be found at dlis.dla.mil/Forms/Form_ AC135.asp.
The DLA is the government agency responsible for administering CAGE codes. You should email or call the DLA Customer Interaction Center to clarify the error. Agents are available 24 hours a day, 7 days a week, including holidays. Once the error is cleared then you can go back in SAM and resubmit your registration.
Toll Free: 1-877-352-2255
Commercial: 1-269-961-7766
Email: [email protected]
To research or cross reference what is registered on a recipient’s CAGE or NCAGE code account you can visit the DLA's website (logisticsinformationservice.dla.mil/BINCS/begin search.aspx) and search by "DUNS" or the "Name" of the entity to see CAGE or NCAGE code registration information.
e Directly through the DUNS website. No fee is charged.
* Contacting the international DUNS office in your country. A fee is charged depending on locality and urgency of request. Contact information can be found here: dandb.com/international/
dnblatam.com/DUNSRequest/ESP_Contacts.asp
Incorporate your business. Even though you may be incorporated when you're reading this, it deserves a mention. With sole proprietorships and general partnerships, the business is legally the same as the owner, therefore, there can be no separation of business credit history from personal. Incorporating a business or forming an LLC creates a business that is legally separate from the owner(s).
Obtain a federal tax identification number (EIN). The EIN is basically a social security number for a business. It is required on federal tax filings, and is also required to open a business bank account in the name of the corporation or LLC. In order to comply with IRS requirements, many larger businesses also require an EIN from their vendors in order to pay them for services provided.
Open a business bank account. Open a business checking account in the legal business name. Once open, be sure to pay the financial transactions of the business from that account. If you use a business credit card (see below) for many financial transactions, be sure to pay the credit card bill from your business checking account.
Get a DUNS Number: Issued by the main adjudicator of business credit, Dun & Bradstreet, a DUNS number is your business’ credit profile number.
Establish a business phone number. Whether you use a landline, cell phone or you use VoIP, have a separate number for your business and in your business’s legal name. List that number in the directory so it can be found.
Open a business credit file. Open a business credit file with all three business reporting agencies: Experian, Equifax and TransUnion.
Obtain business credit card(s). Obtain at least one business credit card that is not linked to you or any other owners personally. Pick a business credit card from a company that reports to the credit reporting agencies.
Establish a line of credit with vendors or suppliers. Work with at least five vendors and/or suppliers to create credit for your company to use when purchasing with them. Ask them to report your payment history to the credit reporting agencies.
Pay your bills on time. Perhaps it should go unsaid, but be sure to pay your bills on time. Like with your personal credit, late payments will negatively impact your business credit.
SWIFT Code
SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is a unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also used the codes for exchanging other messages between them. The SWIFT code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office.
First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code (letters and digits) (passive participant will have "1" in the second character)
Last 3 characters - branch code, optional ("XXX' for primary office) (letters and digits)
Currently, there are over 7,500 “live” SWIFT codes. The "live" codes are for the partners who are actively connected to the SWIFT network. On top of that, there are more than 10,000 additional codes, which are used for manual transactions. These additional codes are for the passive participants. The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium.
NAICS
The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. You DO NOT need a NAICS code if you are a non-governmental organization applying for a grant. Credit Companies that only pull Trans Union
Affinity Plus FCU (Join Foundation)
Allegacy Federal CU (Join Assoc during app process)
Applied Bank
Barclays
BBVA Compass Bank
CFNA
Discover (Equifax 50% of the time)
Eaton Family CU (Ohio Only)
Fifth Third Bank
First Premier Bank
GECRB
John Deere Financial
KEMBA Financial CU (Angie’s List Eligible, used to pull Equifax)
Lake Michigan CU (ALS Assoc Eligible)
Lending Club
Mazuma CU (Join Harry 8. Truman Library & Museum)
Mercedes Benz Credit Corp
Merrick Bank
Michigan First CU
PNC (TU 50% of the time)
RBFCU
Smart Financial CU ($60 to join Houston Museum)
State Farm
UMB
VW Credit
Brands:
Amazon Store (GECRB)
American Eagle (GECRB)
Ameriprise (Barclays)
Apple (Barclays)
Ashley Furniture (GECRB)
Banana Republic (GECRB)
Belks (GECRB)
Babies R Us (GECRB)
Barclaycard Arrival
BJ’s (Barclays)
Bridgestone (CFNA)
Care Credit (GECRB)
Chevron (GECRB)
Dillard’s (GECRB)
eBay (GECRB)
Firestone (CFNA)
Gap (GECRB)
Golfsmith (GECRB)
Guide Dogs (UMB)
h.h.gregg (GECRB)
Hooters (Merrick Bank)
JCPenney (GECRB)
Linux (UMB)
LLBean (Barclays)
Cards That Pull Trans Union.txt[6/15/2015 10:17:40 PM]
Lowe’s (GECRB)
NFL Visa (Barclays)
Old Navy (GECRB)
PayPal (GECRB)
Priceline (Barclays)
QVC (GECRB)
Rooms To Go (GECRB)
Sallie Mae (Barclays)
Sam’s Club (GECRB)
Texaco (GECRB)
TJX (GECRB)
Toys R Us (GECRB)
Travelocity (Barclays)
UPromise (Barclays)
US Air (Barclays)
Walmart (GECRB)
Williams Sonoma (Barclays)
Cards That Pull Trans Union.
Commenity Bank Credit Cards:
Abercrombie&Fitch Credit Card
AdWords Business Credit Card
ALON Credit Card
American Laser Skincare
American Commercial Credit Card
American Home Credit Card
American Signature Credit Card
American Credit Card
American Home Furnishings Credit Card
Annie Sez Credit Card
Ann Taylor MasterCard Credit Card
Ann Taylor Credit Card
Arizona Mail Order Credit Card
Arhaus Credit Card
Ashley Stewart Credit Card
Avenue Credit Card
Bedford Fair Credit Card
Bealls Florida Credit Card
Bealls Credit Card
Bealls Outlet Credit Card
Bergner's Credit Card
Blair Credit Card
Blue Nile Credit Card
Bon Ton Credit Card
Boston Store Credit Card
Brylane Home Credit Card
Brownstone Studio Credit Card
Brylane Home Visa Card
Buckle Credit Card
Burke's Outlet Credit Card
Carter Lumber Pro Credit Card
Carson's Credit Card
Carter Lumber Credit Card
Catherines Credit Card
Chadwick's Credit Card
Chadwick's Visa Card
Christopher and Banks Credit Card
The Company Store Credit Card
CosmeticCredit Card
Crate and Barrel Credit Card
Crescent Jewelers Credit Card
Cruise One Mastercard Credit Card
David's Bridal Credit Card
Dental First Financing Credit Card
Design Within Reach Credit Card
Domestications Credit Card
Dots Credit Card
dressbam Credit Card
DUTYFREECOM Credit Card
Dunlaps Credit Card
Eddie Bauer Credit Card
Elder-BeermanCredit Card
El Dorado Furniture Credit Card
Express Credit Card
Fashion Bug Credit Card
FastLine
Fortunoff Credit Card
Fortunoff VISA Credit Card
Friedman's Credit Card
GameStop
Gander Mountain MasterCard
Gander Mountain Credit Card
Garden Ridge Credit Card
Gardner-White Credit Card
Giant Eagle fuelperks! credit card
Goody's Credit Card
Gordmans Credit Card
Goody's Stage Store Credit Card
Gold Violin Credit Card
Grand Rental Station Credit Card
Haband Credit Card
Henri Bendel Credit Card
HealthiPlan
HealthiPlan Medical Credit Card
Herberger's Credit Card
Home& Garden Showplace Credit Card
Ideal Image Credit Card
Home Shopping Network (HSN)
Home Shopping Network (HSN) Mastercard
Jessica London Credit Card
J. Jill Credit Card
Justice Credit Card
Kane Furniture Credit Card
Lane Bryant Credit Card
La Redoute Credit Card
Lew Magram Credit Card
Levin Furniture Credit Card
Little Switzerland Credit Card
The Limited Credit Card
Linensource Credit Card
Lifestyle Lift Credit Card
LOFT MasterCard Credit Card
LOFT Credit Card
Mandee Credit Card
Maurices Credit Card
Marathon Credit Card
Marathon VISA Card
Metrostyle Credit Card
MedChoice Financial Credit Card
MedChoice Premium Credit Card
Monterey Bay Credit Card
MyPoints VISA Credit Card
My World Credit Card
New York&Company MasterCard
Newport News MasterCard
New York&Company Rewards Credit Card
Newport News Credit Card
Norm Thomson Credit Card
Ohio University Alumni MasterCard
OneStopPlus.com Credit Card
OneStopPlus.com Visa
OSH Credit Card
OSH Commercial Credit Card
Overtons Credit Card
Palais Royal Credit Card
PacSun Credit Card
Parisian Credit Card
Peebles Credit Card
Petite Sophisticate Credit Card
Petland Credit Card
Pier 1 Credit Card
Pottery Barn Kids Credit Card
Pottery Barn Credit Card
Priscilla of Boston Credit Card
Premier Designs Credit Card
Rainsoft Credit Card
Reeds Credit Card
Restoration Hardware Credit Card
The RoomPlace Credit Card
Roaman's Credit Card
Samuels Jewelers Credit Card
Sahalie Credit Card
Silhouettes Credit Card
Smile Generation Financial Credit Card
Solutions Credit Card
Spiegel Credit Card
Sports Authority Credit Card
The Sportsman's Guide Visa
Springstone Credit Card
Stage Credit Card
Steeles Credit Card
Taylor Rental Credit Card
Talbots Credit Card
The Tog Shop Credit Card
TigerDirect Credit Card
Torrid Credit Card
Total Rewards Visa Credit Card
Trek Credit Card
True Value Credit Card
UnderGear Credit Card
uTango VISA Credit Card
Value City Furniture Credit Card
Venue Credit Card
Venus Credit Card
Victoria's Secret Credit Card
Virgin America Visa
Vitacost Rewards Mastercard
West elm Credit Card
Westgate Credit Card
WinterSilks Credit Card
Woman Within Credit Card
Younkers Credit Card
Your Tuition Solution Credit Car
CREDIT CARD LENDER LIST
You can start by browsing our cards for banks and card issuers below. You can also use our credit card list to compare credit cards or to find the card with the right features and benefits for
you. Our credit card list has been designed is an easy-to-use tool which enables you to compare rates, type of rewards, types of cards and annual fees. Once you make your choice, the credit card application is only a click away and many cards will give you a decision in less than 60 seconds.
To further educate and inform our customers about choosing the right credit card offer and how to spot the best credit card deal, we provide an extensive credit card selection and different card
types. Here with our list you can learn more on how to take advantage of the various card benefits, as well as better understand their features and their importance to you building a
legitimate credit score.
Another feature of our list is devoted to students, no credit and low credit persons who may be applying for a credit card for the first time. The college student credit cards offer value and
benefits that can lead to greater financial flexibility and freedom, and help you build credit.
SPECIAL CREDIT CARD DEALS: Our credit card list offers a wide range of promotions which may offer bonuses that can be awarded after your first purchase. These awards may come in the form of cash back, air miles, merchandise or other rewards from the issuer that are in addition to the standard benefits that may be stated on your credit card application. You can
also browse our credit cards section to get the lowest interest rate or our business and retail credit cards section to see the best offers for small businesses.
APPLYING FOR A CREDIT CARD: Filling out a credit card application is faster than ever before. To apply for a credit card online, simply provide the information requested, and click on
the submit button. You may get an online decision in as little as a minute, in other cases you will be notified by mail within a couple of weeks. Use our list to browse and compare credit card
offers available to you, all includes a online application. As a disclaimer we must inform you to read any contract fully before completing and submitting your application.
SPECIAL NOTE FOR OPENING APPLICATION LINKS
+ SOME LINKS WHICH APPEAR WITHIN THIS LIST MAY NEED TO BE COPIED AND PASTED DIRECTLY INTO YOUR ADDRESS BAR.
+ We have found some application links which are smaller than 1 line will directly link you to the given application.
» We have also found:
+ LINKS WHICH ARE LONGER THAN 1 LINE:
+ WILL NEED TO BE COPIED AND PASTED INTO YOUR WEB ADDRESS BAR;
+ To direct you to the correct application address.
This is due to the length of the website address which in some case will need to be
copied and pasted into your address bar to make it work properly.
+ Sorry for any inconvenience this may cause.
RETAIL CREDIT CARDS
FUNDING CREDIT CARD LIST WITH APPLICATION LINKS
Abercrombie & Fitch Credit Card onlineaccess.mycreditcard.cc
American Dream Card Master Card americandreamcard.com
American Eagle Visa ae.com
Amazon.com Platinum Visa Credit Card amazon.com
Amway Global Visa Credit Card bankofamerica.com
America's Christian Credit Union Credit Cards americaschristiancu.com
Amtrak Guest Rewards MasterCard firstusa.com
Ann Taylor Credit Card anntaylor.com
Ann Taylor MasterCard anntaylor.com
Audi Visa Signature Credit Card audiusa.com
Avon Old Farms School Visa cardpartner.com
Banana Republic Credit Card secure-bananarepublic.gap.com
Barnes & Noble Credit Card barnesandnoble.com
Bass Pro Shops Outdoor Rewards Visa bankofamerica.com
Belk Credit Card onlinecreditcenter2.com
Bergdorf Goodman Credit Card bergdorfgoodman.com
Best Buy Credit Card bestbuy.com
Best Buy Reward Zone MasterCard bestbuy.com
Black Belt Rewards Visa partnersfirstcc.com
Bloomingdale's Credit Card bloomingdales.com
BMW Platinum Visa Credit Card bmwusa.com
Boat U.S. Platinum Plus Visa bankofamerica.com
Boyds Bears Visa Platinum boydsstuff.com
Brighter Planet Visa Credit Card orighterplanet.com
Brooks Brothers Credit Card onlinecreditcenter2.co
Brooks Brothers Platinum MasterCard brooksbrothers.com
Budweiser Credit Card usbank.com
Buy.com Platinum Visa Card ssl.buy.com
Cabela's Club Visa Credit Card cabelas.com
Cache Visa Card cachevisa.com
Casual Male Credit Card casualmale.com
Celebrity Cruises Visa Credit Card bankofamerica.com
Chevy Chase Bank Credit Card chevychasebank.com
Chrysler Rewards Visa portal.rewards-catalog.com
Citi Forward by MySpace myspace.com
Coldwater Creek Credit Card firstusa.com
Coors Credit Union Credit Card coorscu.org
True Earnings® Card from Costco and American Express americanexpress.com
Delta Community Credit Union Visa deltacommunitycu.com
Dillard's American Express Card onlinecreditcenter2.com
Dillard's Credit Card onlinecreditcenter2.com
Diner's Club Carte Blanche Card dinersclubus.com
Diner's Club Charge Card dinersclubus.com
Direct TV Rewards Visa barclaycardus.com
Disney Rewards Visa Card - from Chase disney.go.com
D.L. Evans Bank Corporate Credit Card dlevans.com
E*Trade Financial Platinum Visa us.etrade.com
Expedia Corporate Travel Charge Card cardpartner.com
Expedia Corporate Travel MasterCard cardpartner.com
Express Credit Card (Express Fashion Credit Card) onlineaccess2.mycreditcard.cc
Free Spirit World MasterCard freespiritmastercard.com
Gap Credit Card secure-www.gap.com
Garfield Visa commercebank.com
GE Money Net Rewards Card gemoneycards.com
Good Sam Club Visa Credit Card partnersfirstcc.com
Goodyear Credit Card goodyeartires.com
Green Dot Prepaid MasterCard / Visa greendotonline.com
Green Pay MasterCard greenpay.com
Gymboree Visa Platinum Credit Card usbank.com
Habitat for Humanity Credit Card bankofamerica.com
Hancock Bank Platinum Visa hancockbank.com
Harley-Davidson Credit Card harleydavidsonvisa.com
Harleysville National Bank Credit Cards online1.elancard.com
HAS Advantage Visa Platinum Card hasadvantage.com
Hello Kitty Credit Card sanrio.com
Helping Hands Visa cardpartner.com
Helzberg Diamonds Credit Card helzberg.com
Hess Visa Platinum Card from Chase firstusa.com
Hilton Honors Visa Card from Citi citicards.com
Hilton Honors Platinum Credit Card from American Express americanexpress.com
Holy Cross Credit Card holycross.edu
Home Depot Commercial Account Credit Card accountonline.com
Home Depot Commercial Revolving Charge Card accountonline.com
Home Depot Credit Card citicards.com
Honda Rewards Visa Credit Card firstusa.com
Hooters Credit Card hooterscard.com
HSBC Platinum MasterCard disclosure.hsbccreditcard.com
Icelandair MasterCard juniper.com
IKEA Credit Card ikeacards.com
Indianapolis Motor Speedway Credit Card bankofamerica.com
International Brotherhood of Magicians Visa partnersfirstcc.com
International Military Community Executives Association Visa cardpartner.com
Power Cash Card jacksonhewitt.com
ISPFCU Credit Cards ispfcu.org
J. Crew Credit Card www.jcrew.com
JC Penney Credit Card onlinecreditcenter2.com
Juniper Visa with iTunes Rewards store.apple.com
Kawasaki Good Times Credit Card kawasaki.com
King Size Credit Card kingsizedirect.com
King Size Rewards Visa Platinum kingsizedirect.com
Kirkland's Credit Card onlinecreditcenter2.com
K Jazz 88.1 FM Visa cardpartner.com
Kohl's Credit Card hitp:/Awww.kohlscorporation.com
Kroger Credit Card - Kroger 1-2-3 Rewards MasterCard krogerpersonalfinance.com
Ladies Auxiliary VFW Credit Card bankofamerica.com
La Quinta Visa Rewards Card firstusa.com
Latina Style Visa Platinum applications.usbank.com
Lexus Pursuits Visa Credit Card lexusfinancial.com
Linens-N-Things Credit Card onlinecreditcenter6.com
L.L. Bean Visa Credit Card lbean.com
Lowe's Credit Card onlinecreditcenter2.com
Lowe's Project Card lowes.com
LPGA Credit Card bankofamerica.com
Mack Credit Cards (Fuel & Service or Mack MasterCard) mfscards.com
Macy's Credit Card macys.com
Marriott Rewards Premier Visa Signature Card firstusa.com
Marriott Rewards Signature Visa Card firstusa.com
Marriott Rewards Visa Business Card firstusa.com
Meijer Credit Card meijer.com
Meijer Platinum MasterCard meijer.com
Meijer Prepaid MasterCard meijer.com
Menards Credit Card menards.com
Men's Wearhouse Credit Card menswearhouse.com
Mercedes-Benz Visa Credit Card awardscatalog.com
Mercedes-Benz Visa Signature Card awardscatalog.com
Merrill+ Visa Credit Card card.ml.com
Metro PCS Prepaid Visa Card metropcs.com
Metro style Credit Card (formerly Lerner Catalog Credit Card) metrostyle.com
NAPA Credit Card napaautocare.com
Neiman Marcus Credit Card neimanmarcus.com
Nordstrom Credit Card about.nordstrom.com
Nordstrom Platinum Visa about.nordstrom.com
Nordstrom Visa Signature Card about.nordstrom.com
Office Depot Credit Card (Personal) officedepot.com
Office Depot Worklife Rewards Visa myworkliferewards.com
OfficeMax Credit Card (Personal) officemax.com
Old Navy Credit Card oldnavy.gap.com
One Call Credit Card onecall.com
One Cause Visa Platinum onecause.com
Options Xpress Platinum Visa optionsxpress.com
Overstock.com Rewards Visa overstock.com
Payless Shoe Source Visa barclaycardus.com
PayPal Debit Card paypal.com
PayPal Plus Credit Card paypal.com
Pier 1 Credit Card pier1.com
Pier 1 Rewards MasterCard firstusa.com
Planet Hollywood Credit Card applications.usbank.com
Plum Card from American Express americanexpress.com
Princess Cruises Credit Card barclaycardus.com
QuickBooks Platinum Plus for Business MasterCard bankofamerica.com
Quicken Rewards Visa firstusa.com
Quik Trip Credit Cards quiktrip.com
QVC QCard qvc.com
Rabbinical Assembly Credit Card cardpartner.com
Radio Shack Credit Card radioshack.com
Rainbow Card Credit Card rainbowcard.com
Saks World Elite MasterCard saksfifthavenue.com
Sam's Club Business Credit Card samsclub.com
Sam's Club Credit Card samsclub.com
Sam's Club Discover Cash Back Card samsclub.com
Sam's Club Discover Miles Card samsclub.com
Sears Card Credit Card citibank.com
Sears Commercial One Credit Card citibank.com
Sears Gold MasterCard citibank.com
SEEDS Visa cardpartner.com
Select Comfort Credit Card selectcomfort.com
7-Eleven Visa Credit Card firstusa.com
Sheetz MasterCard firstusa.com
Shopko Visa juniper.com
Shop NBC Credit Card shopnbc.com
Shop NBC MasterCard shopnbc.com
ShopRite Rite-Rewards MasterCard firstusa.com
Sit4Less.com Credit Card sit4less.com
Six Flags Platinum MasterCard firstusa.com
Smith Barney Chairman Card smithbarney.com
Smith Barney Citi PremierPass Card smithbarney.com
Smith Barney Platinum Select MasterCard
smithbarney.com
Smith Co Visa cardpartner.com
Sotheby's Credit Card onlinecreditcenter6.com
Starbucks Card Duetto Visa starbucks.com
Target Credit Card redcard.target.com
Target Visa Card redcard.target.com
Toys "R" Us & Babies "R" Us MasterCard Credit Card firstusa.com
Travelocity Rewards MasterCard leisure.travelocity.com
Victoria's Secret Credit Card onlineaccess2.mycreditcard.cc
Wal-Mart Credit Card onlinecreditcenter2.com
Wal-Mart Discover Card walmart.com
PREPAID, SECURED AND STUDENT CREDIT CARDS
All-Access Visa Prepaid Card allaccesscard.com
Allow Card Prepaid MasterCard allowcard.com
Account Now Prepaid Master Card cstrk.net
American Express Card for Students americanexpress.com
American Savings Bank Secured Visa asbhawaii.com
American Savings Bank Student Secured Visa asbhawaii.com
Applied Bank Secured Visa onlineacceptance.appliedbank.com
Applied Bank Secured Visa Gold Credit Card onlineacceptance.appliedbank.com
Bank of America Secured Visa bankofamerica.com
Bank of America Student Visa Platinum bankofamerica.com
Chase +1 Student MasterCard firstusa.com
Citi Forward Card for College Students creditcards.citicards.com
Citi Platinum Select Card for College Students citicards.com
Citi Secured MasterCard citicards.com
Discover® Student Card discovercard.com
Discover® Student Open Road Card** discovercard.com
Eufora Prepaid Credit Card links.ncsreporting.com
Fifth Third Bank Secured MasterCard 53.com
Finium Prepaid MasterCard galileoprocessing.com
First Premier Bank Corporate Credit Cards firstoremier.com
First Premier Gold Credit Card firstoremierbankgold.com
First Vineyard Prepaid Credit Card firstvineyard.com
First Miami Student Credit Union Visa fmscu.org
Key Bank Student Credit Card key.com
Merrick Bank Secured MasterCard secure.merrickbank.com
Mio Prepaid Credit Card miocard.com
MYV U Platinum Select Visa Card for College Students citicards.com
MY plash Prepaid Credit Card myplash.com
National City PayCard Direct nationalcity.com/main/pages/choosezip.asp
New Millennium Bank Secured MasterCard or Visa securesite.icommissions.com
Orchard Bank MasterCard orchardbank.com
PAY JR Prepaid Credit Card payjr.com
Payoneer Cash Link Prepaid MasterCard payoneer.com
Ready Debit Visa readydebit.com
Sony Student Visa firstusa.com
Sovereign Bank Student Credit Card applyonlinenow.com
Starbucks Student Card Duetto Visa firstusa.com
State Farm Student Credit Card statefarm.com
US Bank Young Adult Visa Card usbank.com
Wells Fargo College Visa Credit Card wellsfargo.com
Wells Fargo Secured Credit Card wellsfargo.com
Western Union Prepaid MasterCard westernunion.com
GAS CARDS
BP Business Solutions MasterCard Fleet Card bpbusinesssolutions.com
BP Business Solutions Fuel Card bpbusinesssolutions.com
BP Gasoline Card (BP Gas Credit Card) firstusa.com
Chevron Business Credit Card chevrontexacobusinesscard.com
Chevron Credit Card / Texaco Credit Card chevrontexacocards.com
Chevron Texaco Visa onlinecreditcenter2.com
Citgo Celebrity Credit Card citgo.com
Citgo Fleet Credit Cards citgo.com
Citgo MasterCard Credit Card citgo.com
Citgo Plus Card citgo.com
ExxonMobil Business Credit Card exxon.com
ExxonMobil Credit Card exxon.com
ExxonMobil Fleet Credit Card exxon.com
ExxonMobil MasterCard citibank.com
Exxon Preferred Credit Card exxon.com
Giant Eagle Fuel perks! Credit Card onlineaccess.mycreditcard.cc
Marathon Platinum MasterCard firstusa.com
Shell Credit Card accountonline.com
Shell Fleet Credit Card citibank.com
Shell MasterCard shell.us
Shell Select Member Credit Card accountonline.com
Sunoco Credit Card sunocoinc.com
Sunoco Fleet Credit Cards sunocoinc.com
Sunoco MasterCard sunocoinc.com
Sunoco Universal Card
sunocoinc.com
BUSINESS CREDIT CARDS
Amazon.com Business Credit Card amazon.com
American Express Business ExtrAA Corporate Card corp.americanexpress.com
American Express Business Gold Rewards Card americanexpress.com
American Express Business Green Rewards Card americanexpress.com
American Express Business Platinum Card americanexpress.com
American Express Corporate Card corp.americanexpress.com
American Express Executive Business Card americanexpress.com
American Express Platinum Business Credit Card americanexpress.com
American Express Simply Cash Business Card americanexpress.com
Blue for Business from American Express americanexpress.com
Citi Business Card citicards.com
Costco True Earnings Business Card from American Express americanexpress.com
First Bank Business Visa Credit Card (California, Colorado) efirstbank.com
GM Business Credit Card gmbusinesscard.com
GM Card (GM Flexible Earnings Card) hsbcapply.com/start/gmflexcard
GM Extended Family Card gmextendedfamily.com
Office Depot Business Credit Card officedepot.com
Office Depot Worklife Rewards Visa Business Card myworkliferewards.com
OfficeMax Credit Card (Business) officemax.com
OfficeMax Credit Card (Corporate) officemax.com
LARGE BANKS AND MISC CREDIT CARD OFFERS
AAdvantage Bronze MasterCard from Citi citicards.com
AAA Rewards Visa Credit Card (Northern California, Nevada, Utah) firstusa.com
AAdvantage American Express from Citi citicards.com
AAdvantage Bronze MasterCard from Citi for College Students citicards.com
AAdvantage Citi Business Card creditcards.citicards.com
AARP Rewards Platinum Visa Credit Card firstusa.com
AARP Travel Plus Visa Signature Card chase.com
Air Canada Credit Card bankofamerica.com
The American Express Gold Card americanexpress.com
American Express Platinum Card americanexpress.com
American Express Platinum Cash Rebate Card americanexpress.com
American Express Preferred Rewards Gold Card americanexpress.com
American Express Rewards Plus Gold Card americanexpress.com
American Savings Bank Visa asbhawaii.com
American Savings Bank Visa Gold asbhawaii.com
Am Trust Bank Rewards American Express Card applyonlinenow.com
Am Trust Bank World Points Credit Card applyonlinenow.com
AT&T Universal Business Rewards Card creditcards.citicards.com
AT&T Universal Savings Platinum Card citicards.com
AT&T Universal Savings & Rewards Card citicards.com
Banco Popular Credit Cards bancopopular.com
Bancorp South Credit Card bancorpsouthonline.com
Bancorp South MasterCard Business Card bancorpsouthonline.com
Bank of America Accelerated Cash Rewards American Express Card bankofamerica.com
Bank of America Cash Rewards Credit Card bankofamerica.com
Bank of America Choice Privileges Visa bankofamerica.com
Bank of America Visa Gold bankofamerica.com
Bank of America Visa Signature with World Points bankofamerica.com
BB&T Visa Business Credit Card bbt.com
BB&T Visa Corporate Card bbt.com
BB&T Visa Purchasing Card bbt.com
Blue from American Express americanexpress.com
British Airways Visa Signature Card firstusa.com
Capital Bank Credit Cards capitalbank-nc.com
Central Bank Credit Cards (Illinois) centralillinoisbank.com
Central Bank Credit Cards (Kentucky) centralbank.com
CFCU Credit Union Visa mycfcu.com
Charter One Circle Rewards MasterCard charterone.com
Charter One Platinum MasterCard charterone.com
Chase Freedom Credit Card chasefreedomnow.com
Citi Diamond Preferred Rewards American Express Credit Card citicards.com
Citi Platinum Select MasterCard creditcards.citicards.com
Citizens & Northern Bank Credit Cards online1.elancard.com
Comerica Bank Credit Cards comerica.com
Commerce Bank Commerce Miles Visa Gold (Kansas, Missouri, Illinois) commercebank.com
Commerce Bank Special Connections Credit Card (Kansas, Missouri, Illinois) commercebank.com
Continental Airlines World MasterCard continental.com
Credit One Bank Credit Cards creditonebank.com
Delta Sky Points Credit Card from American Express americanexpress.com
Discover Open Road Card” discovercard.com
Dollar Bank City Pride Visa dollarbank.com
Dollar Bank Valued Customer Visa dollarbank.com
Farm Bureau Bank MasterCard farmbureaubank.com
Fifth Third Bank Professional MasterCard 53.com
Fifth Third Bank Responsible MasterCard 53.com
First Bank Rewards American Express Credit Card (California, Illinois, Missouri, Texas) applyonlinenow.com
First Bank of San Luis Obispo Credit Cards firstbankslo.com
First Financial Credit Union Credit Cards (New Mexico) ffnm.org
First Hawaiian Bank Credit Cards fhb.com
First Interstate Bank Credit Cards firstinterstatebank.com
First Merit MasterCard or Visa Standard firstmerit.com
First Merit Visa Platinum Card firstmerit.com
First National Bank Omaha Bucks Back Visa firstnational.com
First National Bank Omaha Commercial Edition Visa firstnational.com
First National Bank Omaha Maximum Rewards Visa Credit Card firstnational.com
First National Bank Omaha Platinum Edition Visa firstnational.com
First National Bank of St. Louis Credit Cards fnbstl.com
First National Bank & Trust Credit Cards (Arkansas) fnbmh.com
First National Bank & Trust Credit Cards (Florida) firstbankcardservices.com
First National Bank & Trust Credit Cards (Michigan) fnbimk.com
First Responders Credit Card firstresponders.com
First Trust Bank Credit Cards yourbankcard.com
First Security Bank Credit Cards (Arkansas) fsbank.ifworld.com
First Security Bank/First State Bank Credit Cards (Montana) fsbmsla.com
First Tennessee First Travel Visa firsttennessee.com
5Star Bank Credit Cards afbabank.com
Florida Atlantic University Credit Card bankofamerica.com
Franklin Templeton Bank & Trust Platinum MasterCard ftbank.com
Huntington Bank World Points Credit Card huntington.com
Iberia Bank MasterCard creditcards.iberiabank.com
Iberia Bank MasterCard Gold Cash Bank creditcards.iberiabank.com
Iberia Bank Visa Platinum Rewards Card creditcards.iberiabank.com
Jeep Rewards Visa portal.rewards-catalog.com
JetBlue Business Card from American Express americanexpress.com
Miles by Discover® Card discovercard.com
MINI Platinum Visa Credit Card 4myminicard.com
M&T Bank Visa mtb.com
National City Everyday Rewards Visa nationalcity.com
National City Points Visa nationalcity.com
National City Scrapbook Rewards Visa nationalcity.com
National City Travel Rewards Visa nationalcity.com
National City Visa Buxx Card nationalcity.com
National City Visa Travel Money Prepaid Credit Card nationalcity.com
PNC Bank Business Credit Card pnc.com
PNC Bank Select Rewards Visa pnc.com
Precious Moments Credit Card bankofamerica.com
Rainier Pacific Bank Credit Cards rainierpac.com
RBC Bank Business Credit Cards rbcbankusa.com
RBC Bank Low Rate Visa Gold rbcbankusa.com
Sovereign Bank MasterCard or Visa applyonlinenow.com
Speedway Super America Credit Cards speedway.com
Speedway Super America MasterCard speedway.con
Visa Black Card blackcard.com
Wachovia Visa wachovia.com
Wells Fargo Prime Rate Visa Credit Card indexcreditcards.com
Wyndham Rewards MasterCard bankofamerica.com
Direct Credit Bureau Lender List
*What lender use which credit bureau?”
This section contains the names of which bureau pulls from which credit bureau. Use the information below to maximize your inquiry to loan approval ratio.
How to add Primary Tradelines to a Credit File Everything you need to know about Primary Tradelines
by: CHRISTOPHER HENRY
TABLE OF CONTENTS
Introduction
Chapter 1: Secrets that some well known credit gurus use to build their
customers credit.
Chapter 2: A Sample Promissory Note
Chapter 3: Filing a note/Agreement along with UCC 1.1
Chapter 4: Filing Process Summary
Chapter 5: Rules in Filing
Chapter 6: Sample Security Agreement
Chapter 7: Filing out a UCC 1
Chapter 8: About UCC Article 9
Chapter 9: Releasing the Collateral
Chapter 10: Filing a UCC-3 form
Chapter 11: Alternative way: Setting up a Corporation
11.1 Thing you need in setting up a Corporation
11.1.1 Business Address
11.1.2 Nature of Business
11.1.3 Social Security Number
11.1.4 Type of Business
11.1.5 List of Officers
11.2 The Protection of a Corporation
11.3 Free Tip
Final Word
What you are about to learn is one of the big secrets that some well Known credit gurus use to
build their customers credit.
The purpose of this information is to show you how to add personal loans and leases to your personal credit report. The method you will learn is the same technique that banks, auto dealers, and property managers use. We will be using the UCC (uniformed commercial code) to place trade references on your report. Article 9 of the commercial code deals with secured transactions any loan, lease, rental, or purchase where collateral is used to secure terms.
Credit bureaus are connected to a public filings database that updates every 24-72 hours. They automatically receive all liens and bankruptcy information after it is filed at the county, state, or federal level. UCC financing statement is a form of public filing. It is filed with your local County Register's office. Credit bureaus check public records as a part of their investigation. Reporting these public records has an effect on the credit rating of your personal credit. By the way it can be also used for improving business credit.
I could always go into a lot of legal jargon and accounting terms, but | feel it would be better to dive straight into explaining how all this works.
Let us began.
I will use a story to help illustrate how everything works. | will try to make it as simply as possible. Really anyone can do it and you certainly do not need a lawyer.
Before we proceed please keep in mind that in the following story, MY FRIENDS credit will improve after the UCC process is complete.
A friend of mine came to me and asked if he could borrow some money.
He only needed $10,000. I knew he was good for it so I agreed under one condition. We agreed that I will file a UCC-1 and will need to show some collateral to secure the loan.
UCC is a financing statement that tells the “public” that collateral is held between parties for an agreement between the parties. In this case the agreement is the $10,000.00 loan (which will be put on paper of course) and the collateral will be made public knowledge (using UCC filings that will be referencing the agreement). The agreement will also be filed publicly.
My friend agreed to use a 4-wheeler, some computer equipment, and an old banged up car as collateral. He said he would only need the loan for 90 days so | decided not to charge interest. We agreed that he would pay me $3,333.33 a month for three months.
A piece of collateral will be released after every payment. We also decided on what order the collateral will be released. First the computer equipment, then the 4-wheeler and finally the car (This is very important and | will explain later). After we finished hashing out the details | wrote out everything on a piece of paper. This paper (an agreement) also listed the collateral used (making it a security agreement).
I told him that he could keep possession of the collateral at his home but I would need the serial numbers off everything. We then went to a local notary to get the promissory note witnessed/signed.
I gave him the money and he was on his way. It is now left up to me to fill out a UCC-1 financing statement for that agreement that we signed.
A sample promissory note (form of agreement) can be purchased from Staples or downloaded free from the web.
Frankly it can even look as simple as the one below.
John doe of °°" agrees to borrow $10,000 from gboogie of "°°" day of September 2020. This loan is to be repaid no later than 90 days tromp this date at zero percent interest. This loan will be secured by collateral listed below.
‘The terms of this loan are as follows; Three payments of $3,333.33. The first payment will be due thirty days from the date of this note at which case a piece of collateral will be released on the schedule listed below and all claims to that particular collateral will be terminated. COLLATERAL: 1988 Mitsubishi precis VIN NUMBER uld4k39nn68dr4k83 3st2 2005 compact Presario with monitor and printer. serial numbers cp2£332,lx54wq2,gen02 11)s.2007 ban
After the first payment is received The computer equipment will be released.
After receiving the second payment on time the 4-wheeler will be released.
Before I file a UCC I must go to the local courthouse to have the original agreement registered with the county. This would be your local County Register’s office. Some counties give you a hard time when trying to register a promissory note if it does not involve real estate (like a lease).
If this is your case, simply file the note/agreement along with the UCC-1. I have found that it is easier at the state level.
Filing the agreement creates a file number that can be referenced on the ucc-1. The aim is to file BOTH the agreement and the UCC -1 form. Now any investigating Credit bureau will find a UCC filing against the individual (or corporation - for business credit). As they look further into it they will also find the agreement that the UCC was filed for, in the public records.
This way there will be a complete picture of what the UCC was about.
Remember the UCC does NOT have details of the agreement and hence credit bureaus would want to look further when they find a UCC in the public records.
Bureaus want a complete picture of the individual’s financial position.
After about two months of the initial filing, the UCC will be amended indicating a release in collateral as the corresponding agreement is fulfilled. So in our example, as my friend pays back the loan, each payment will result in a release in collateral. Since there are 3 total payments there will be 2 amendments and the 3rd will be a termination of the UCC. So in summary | filed a UCC, waited about 2 months and than filed an amendment every month for 2 months after that. Then on the 3rd month it will be time to terminate the UCC, since the complete loan is paid off. This is similar to a loan from a bank being paid off. As a result my friend’s credit report will have developed a solid trade line.
Here is a quick summary of the process:
Two (or more) parties get into an agreement. Make it legal by signing and notarizing it.
The secured party files a UCC -1 statement indicating the collateral being secured.
The UCC is then amended showing the collateral being released as the loan is paid off little by little (as the agreement is fulfilled little by little).
Finally the UCC is terminated.
There is section for UCC on all credit reports, business and personal. It shows any transactions that were made by way of collateral (security). By filing an Ucc-1, along with a security agreement and promissory note listing the details of the transaction you create a credit reference on your credit report. When the bureaus pick-up all of these public filings and finally show that the lien was cleared, your credit will improve. Remember that the one that is clearing their collateral, the party that borrowed the money will have their credit improve. In our story it was my friend.
Now I will show you have to fill the forms.
Please follow these rules when filing:
UCC financing statement is a form that can be obtained from the website of your County Register's Office or from the office itself.
The main purpose of the UCC financing statement (UCC-1) is to indicate the collateral (and its description) that is used to secure a separate agreement.
The agreement and the UCC financing statement are two separate documents.
The Register's office is there to help you with the UCC filing they are NOT there to help you build your credit.
You do NOT need an attorney to prepare these documents.
Above all keep it simple.
Sample Security agreement:
The difference between a simple promissory note and a security agreement is that the latter contains the details of the collateral as well. A simple promissory note does not contain collateral details. A promissory note and a security agreement are very straight forward to fill out.
SECURITY AGREEMENT
THIS SECURITY AGREEMENT (the “Security Agreement’) is entered info by and between JOHIN DOE (the “ASSOCIATE” Jof 1200 elm st queens ny 11434, and GBOOGIE("Secured Parly"jof 146-42 177 st rochdale village NY.
RECITALS
A. Associate has borrowed funds and may borrow through subsequent advances additional funds, from Secured Party pursuant to a $10,000 Secured Convertible Promissory Note of even date herewith (the "Nete")|
B. As security for its repayment obligations under the Nate, Company has agreed to grant Secured Party a security interest in all of its assets on the terms sel forth in this Security Agreement.
NOW, THEREFORE, to that end and in consideration of the premises, covenants and agreements sel forth below, and the mutual benefits to be delved from this Security Agreement, and other good and valuable consideration, the parts hereto agree as follows:
1. SECURITY INTEREST. To secure the “Obligation” (as defined below),
Associate hereby transfers, conveys, assigns, and grants to Secured Party a security interest in Associate's assets, which covers the following items: 1988 Mitsubishi precis VIN NUMBER u1d4k39nn6dr4k833st2,2005 compact Presario with monitor and printer. serial numbers cp2f332 bS4wq2,gen021 ij. 2007 banshee 4-wheeler (hereinafter,
collectively, the “Collateral”)
2. OBLIGATION. This security interest is given as security for all indebtedness and obligations owed by Associate to Secured Party, whether now existing or hereafter incurred, under this Security Agreement or the Note,
THE ABOVE SPACE |S FOR FILING OFFICE USE ONLY
1. DEBTOR'S EXACT FULL LEGAL NAME . insert anty one deblor name (aor 1b) do nol abbreviate oF combine named
1a. ORGANIZATIONS MAME
OR [i INDIVIDUALS LAST MAME PST A MIDDLE MAME SUPPOC John DOE Randall te MAILS ADL SS ary STATE POSTAL CODE COUNTR 123 spring st anytown usa | 12345 USA fd TAXI §=SSN OR EIN Anon INFO RE [Te TYPE GF CecANLEA TION 1) JUIRESORC TOM OF ORIGAMIZLA TIM 19. ORGANIZATIONAL ID #, @ aey ORGANIZATION DEBTOR | | WM
2. ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME - inset only one editor name (2a of 2b) «do not abbreviate or comment: nares 2 DRIGANRIA TIONS MAME OR Tos INDWVIDUALS LAST NAME FIRST NAME MIDDLE NAME SFFR
3c. MAING ADORESS ar STATE [POSTAL COLE COUNT
Ba TAKID® SENGREN |ADOLINFORE [28 TYFEGFORGAMMZATION [21 JURISDICTIONOF ORGANLEATION [2g CRGANZATIONAL ID's, any ORGANIZATION DEBTOR I \ ne rk
When filing an Ucc-1 on a personal level, it is a good idea to have a friend or family member extend the loan to you. That way they can file in their
name. In the above example “John Doe” would be you.
UCC Article 9 is a part of the “commercial code”; this form also applies to secured transactions between businesses as well.
That will help business credit. This is why you see “organizations name”, and “type of organization”. For our purposes we will ignore those parts of the form. Never list your SS# on the form, it is not needed. Under organization id, check the box that says “none”.
3. SECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/P) - insert only one secured party name (3a or 3b)
3a. ORGANIZATIONS NAME
OR 3b. INDIVIDUAL'S LAST NAME FIRST MAME W
3c. MAILING ADDRESS cry
4. This FINANCING STATEMENT covers the following collateral Line 2 is there just in case there is more than one person involved in the transaction that also is in a secured debt relationship with John Doe on this filing. Because it is just John Doe on this transaction all of line two will be left blank.
Line3 list the secured party (lender). It is filled out the same way as line 1 but with the lenders name. At this point I know the form seem easy to fill out. Almost too easy.
Line 4 is where we list the collateral we spoke about earlier. The collateral must be described with as much detail as possible. At this point you should have your promissory note already registered with you local clerk of court. This is very important if you want this filing to be structured as a trade line. Having your note registered with a local authority gives it a registration number that needs to be listed within the collateral section (line 4) of the UCC-1 financing statement. This causes a reference to the details of the secured transaction that the bureaus will sniff out. This information will then be posted to the credit.
I want to clarify this again, since it will give you a very clear picture of the process. Remember that the financing statements do not list the dollar amounts they only list the collateral. The details of the agreement, like the dollar amount will only be found when the bureaus “find” the original agreement in the public records. This is why we give the location of the details (by reference # to the original agreement). The reason the bureaus would pursue it, would be to get an accurate read on your financial position.
ORGANIZATION DEBTOR
ECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR SIP) - insert only one secured party name (3a or 3b) 24, ORGANIZATION'S MAME 36, INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE I
Boogie Gee it
MAILING ADDRESS cir STATE
353 elm st anytown usa his FINANCING STATEMENT covers tee following collateral:
1988 Mitsubishi Precis Vin number uld4k9nnGSdr4k833st2,
2005 Compact Presario, With monitor and printer. Serial numbers ep2f332(CPU), Ix54wq2(printer), gen0211)s(monitor).
2007 Banshee(4-wheeler)Serial mO0b2shg4fetd
All collateral is secured in pursuant to the agreement and terms stipulated in the promissory note dated and registered with this county clerk of court in the state of registration number XXXX-XXX-AXX. For details of this agreement please refer to county clerk of court in the stateof_ note registration number XXXX-XXX-XXX|
AML f ¥
Bare ie bree fine
Line3 list the secured party (lender). It is filled out the same way as line 1but with the lenders name. At this point | know the form seem easy to fill out. Almost too easy.
Line 4 is where we list the collateral we spoke about earlier. The collateral must be described with as much detail as possible. At this point you should have your promissory note already registered with you local clerk of court. This is very important if you want this filing to be structured as a trade line. Having your note registered with a local authority gives it a registration number that needs to be listed within the collateral section (line 4) of the UCC-1 financing statement. This causes a reference to the details of the secured transaction that the bureaus will sniff out. This information will then be posted to the credit report. | want to clarify this again, since it will give you a very clear picture of the process. Remember that the financing statements do not list the amounts they only list the collateral. The details of the agreement, like the dollar amount will only be found when the bureaus “find” the original agreement in the public records. This is why we give the location of the details (by reference # to the original agreement). The reason the bureaus would pursue it, would be to get an accurate read on your financial position.
Please flout the following dorm. You carrot agene date typed into this form.
SECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/F) - insert only one secured party name (3a or 3b)
ORGANIZATIONS NAME.
This FINANCING STATEMENT covers the owing collateral core.
UCC 3, releasing the collateral:
A UCC-3 must be filed to indicate this release of collateral an update to the original UCC-1. This will reflect that a part of the agreement had been satisfied, and states what collateral is still being used to secure the remaining balance. Once you have filed the ucc-1 and it is time to update
it and release collateral, you must file a UCC-3 form. Let’s say after about 2 months of filing the UCC-1.
UCC FINANCING STATEMENT AMENDMENT
FOLLOW INSTRUCTIONS (Iron and back) CAREFULLY NAME & PHONE OF CONTAGT AT FILER foplonall
SENG 4CKNOWLEDGNENT TO: (Name and Address.)
TERMINATION
CONTINUATION
ASSIGNMENT
AMENDMENT (PARTY INFORMATION).
CURRENT RECORD INFORMATION
As you can see, the format is still the same. After you file your ucc-1, it will be given a file number. That number will go in line 1a. For releasing collateral we will be focusing on line number 8.
OR,
fb. INDIVIDUAL'S LAST NAME FIRST |
fc. MAILING ADDRESS CITY
7d. SEE INSTRUCTIONS ADD'L INFO RE |7e. TYPE OF ORGANIZATION 7f, JUR ORGANIZATION DEBTOR
8. AMENDMENT (COLLATERAL CHANGE): check only one box.
Describe collateral []octet or C1] added, or give entire [ ]restate collateral descript
At this point | am sure everything is pretty obvious. Just tick “deleted collateral” and add all the deleted collateral! Terminating the UCC
If you have reached this far the terminating of the UCC should be easy.
The SAME form that was used for the amendment of the UCC will be used for the termination.
You would simply tick mark point 2. Termination.
Everything else on the form remains the same except there is no change to collateral since this is a termination.
We do realize that you might want to keep your personal credit/finance issues separate from friends or family. We can offer an alternative.
Instead of having you and your friend carry this out you can actually do it with a corporation.
Setting up a corporation is simply a matter of getting an EIN number and a tax id number for a corporation you set up. Search the web for any of the companies that help get you incorporated. You do not need a lawyer for this. In fact just go to www.irs.org and tell call the help desk. Ask them for an EIN for a C - corp set up. Than you can go to your states website and get the certificate of incorporation.
Main things you need are:
A business address. You can make it a home based business. If you have another address you can use that but remember that any mail for the business should come to that location.
Nature of business: You can call it "Business management”. Something generic remember we are just talking about UCC filings and not business credit. Refer to the website for business credit etc.
Your SS#.
Type of business: To make it easier let’s say a C corp. structure. After you try this UCC method you will realize that there is a whole finance world out there. A C-corp. always allows more flexibility.
Main officer: Of course you are the main officer and hence will sign any documents for decision making. At this point do realize that if you want a relative or a friend to be the main officer you can do that.
Since the whole point of opening a corporation is to have a separate legal entity your friends or relatives are not really directly involved. They have the "protection" of the corporation. But for this example let us say that you are the only officer of the corporation.
After that you have to simply take the corp. papers that you receive (that have the EIN number and Tax ID number) and pay Office-depot a visit. At office depot you can order a corporate kit that will have the company seal.
Every time you sign a paper involving the corporation you will use the seal to stamp the company name much like a lawyer does.
Creating a corporation creates a separate legal entity. In effect the corporation can file a UCC against you and vice versa. If you want to improve your credit, have the corporation file a UCC for money that you owe the corp. Follow the same process as outlined previously when you were involved with an agreement with your friend.
When it is time to sign the promissory note you would be signing BOTH as you as an individual and as the corporations chief officer. Be sure to stamp it with the company seal.
By now I am sure you realize that this is real solid information and I am telling you that the world of business credit has even more potential. If you do not have a business at present — do not worry. Just be open to the tremendous opportunity available.
Of course if you already have a corp you can actually make the corp the debtor, you can lend your corp money. That will help build the credit of the business.
Here is a free tip:
Say you have a corp and you file a UCC for an agreement between you and the corp. The agreement states that the corp borrowed money from you (so the corp is building credit). If both parties involved (you and the corp) agree you can actually back date the agreement. As an example the agreement states that the deal was made (the money was borrowed) one year ago EVEN though the agreement was signed just a month ago and EVEN though the business was not even incorporated a year ago.
Yes that is True. Strictly speaking you do not have to be incorporated to start a business. You might need to incorporate for certain licenses (etc.) but not to start conducting business.
The beauty of this is that it becomes a part of your business credit file and lenders can see that you really were in business before the business was actually incorporated. That actually is a very good way to backdate the corporation. Of course the agreement has to be notarized etc . The rest of the process is the same.
Look beyond fancy websites. As far as “no non-sense” information about credit - we have no peers.
One final word:
Do not go overboard with any aspect of filing. For example the number of UCCs filed and the dollar amount on the agreement should be reasonable. It should look realistic on your credit report. This is a completely legitimate process and it should be one of your big secrets to credit building. So use this technique with care and hand it out with care.
A number of years ago a person could become an authorize user of another person’s credit and assume that cards complete credit history.
That really was too good and too easy. Well guess what - everyone started doing it and now that simple method does not work at all. So please be careful with this powerful UCC filing method.
Start as soon as possible and do not rush the process.
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They disclaim any warranties (expressed or implied), merchantability, or fitness for any particular purpose.
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TABLE OF CONTENTS
INTRODUCTION: A WISE INVESTMENT
CHAPTER 1 : CREATE A BUSINESS THAT GETS CREDIT EASILY
THE WISDOM BEHIND HOW THE IRS VIEWS YOU
UNWISE BUSINESS IDEAS
TYPES OF BUSINESSES AND THE IMPACT ON BUSINESS CREDIT
CHAPTER 2: BUSINESS CREDITOLOGY
THE THREE BUREAUS
SOME BASIC BUSINESS CREDIT CONCEPTS
THE SCORING MODELS OF THE DNB
PERSONAL GUARANTORS AND GUARANTEES DEMYSTIBIED
CHAPTER 3. GETTING MERCHANT CREDIT
WHAT YOU SHOULD KNOW BY NOW
TYPES OF VENDORS THAT WILL GIVE YOU INSTANT CREDIT
WHY VENDOR CREDIT IS IMPORTANT
CHAPTER 4: ALL ABOUT CREDIT CARDS AND CREDIT LINES
TRUE BUSINESS CREDIT CARDS
WHO GIVES OUT BUSINESS CARDS?
WHAT’S AN UNSECURED CREDIT LINE AND HOW IT FUNCTIONS
CHAPTER 5: PUTTING IT ALL TOGETHER: A STEP BY STEP PLAN
WATCH AND FOLLOW GURU IN ACTION TO LEARN THE FIRST FEW UNSECURED CREDIT CARDS AND A CREDIT LINE OF UP TO $100K YEAR 1 AND BEYOND THE OTHER OPTION: SHELF COMPANIES DEFINITION OF A SHELF COMPANY WHAT A BROKER ISN’T GOING TO TELL YOU
TABLE OF CONTENTS (CONT'D)
CHAPTER 8: SOME FINAL WORDS OF WISDOM, PASSIVE INCOME OPPORTUNITIES, AND GOOD RESOURCES
FOR FINANCING
APPENDIX OF VENDOR
APPENDIX OF BANKS
INTRODUCTION: A Wise Investment!
Matt Says...
“The world of business credit consists of two separate groups of people, the Masters and the Apprentices. The main divider between both is knowledge, for there is nothing the Master can do that the Apprentice can’t.”
You now have the one source that will save you thousands of dollars in lost broker fees, bad advice and scams. For some, that’s worth the price of the book already. If I had a teacher (in a book or in person) like this when I was starting out building my business credit, it would have saved me countless of hours of research, headaches and awful expensive advice.
When I was an Apprentice in the world of Business Credit, I ran into countless brokers or business credit services providers in this market who knew nothing, yet charged $6000 - $25,000 a pop for shelf companies, credit lines and other over the top offers. I often heard tall tales about what is and isn’t possible with a company. I was confused, distraught and felt completely lost in the dark. Every second that passed by, I felt that I was somehow losing ground. If you find yourself in the same situation, rest assured, you are not alone. This is the common fate of the business credit Apprentice.
Alternatively, business credit Masters exist and operate in a different realm. They flow in and out of the business world being able to attain lines of credit, credit cards, and letters of credit without any difficulty.
They are rarely ever led astray or misled for they know what is possible and what isn’t. Not only are they able to guide their own credit identities using certain time tested principles, but they also never ask any business credit brokers for advice even though some may opt to use a broker’s services. For our purposes, these Masters are considered Guru. They can exist as teachers, leaders or at the very least knowledgeable entities in the realm of business credit. I am a Guru. And if you’re willing, I’m going to teach you how to become one.
What you're reading now is a straight to the point hands-on approach to understanding and creating business credit for your startup. That’s right; Startup. And not the kind that has raised $50M from a venture capitalist in Silicon Valley. I’m talking about the old fashioned startups that most of us create on a shoestring (or non-existent) budget. Throughout the book, I assume you have no revenues and no clients. If you find yourself in a better position than that, good, but it’s hard for me to imagine a startup in a worse position. Frankly, it doesn’t even matter if you’re incorporated yet and actually better if you’re not as I discuss the benefits and problems with each individual entity. I lay it all out for you in an easy to read guide that you can come back to over and over again.
As you'll notice, the book is rather brief. Being a Guru , I have no time or use for fluff and neither do you.
I cut through the falsifications and exaggerations to deliver the truth. The truth rarely requires explanation. You need a fast and straight to the point approach because you're not going to get it from very many other sources on the internet.
Before moving forward, you should know that I’ve created this book from a perspective of knowledge and giving. It is so important in understanding and getting business credit that if you took away all of the bankers I have come to know, all the credit specialists I speak to regularly, all the seminars I’ve attended, all the websites and user forums I’ve researched, and left me just this book, I would know all of what I needed to know to launch a business, get credit and spend almost nothing out of my own pocket! Now that’s what a Guru would teach you.
I am the Guru and you are my Apprentice. Let’s Get Started.
IMPORTANT
If you like what I have to say and are looking for some great passive income opportunities I discuss later in the book, do us and yourself a huge favor. Become an affiliate with the Business Credit Guru and promote this book. As you'll see, I don’t tout myself as being a Guru for no reason. I know the ins and outs and have no need to lie to exaggerate the truth. Help your fellow entrepreneurs get the night education in this oft elusive market. We give away large commissions to our affiliate partners and even
let you in on marketing tips and secrets for generating regular income. Click here to learn more and join.
CHAPTER 1: CREATE A BUSINESS THAT GETS CREDIT EASILY
Matt Says...
“A properly organized company will bear many fruits from the business credit tree.”
The Wisdom Behind How the IRS Views You
In our world, the IRS cares about one thing and one thing only: getting paid what’s owed to them. They couldn’t care less as to who is doing the paying as long as someone, or something, pays them what’s owed. There is an entire world of wisdom in that realization yet it escapes many business owners.
Instead, many entrepreneurs start off in the wrong direction right away by assuming that their business and they are one and the same. They’re not. The IRS doesn’t seem to want to agree with that idea. So why should you? You are a separate entity from your business unless you’re a sole proprietor.
Sole Proprietorships usually come with big and often dire consequences to the entrepreneur in the realm of business credit.
Guru : Recommendation
“Stay Away from Them!”
Let’s clarify. When you go to a CPA to file taxes at year’s end, the IRS taxes both you and the business.
Of course, it’s a lot more complicated than that, but the IRS already knows that (unless you are sole proprietorship) you and your business are two different entities. They treat you like two different entities.
This is advantageous. If your business is separate from you, then so should be your business credit. Our goal in creating business credit is simply to get everyone to view us as separate entities, and not just the IRS.
Our dilemma of course is that initially credit bureaus, banks and other merchants don’t view us as separate entities. They don’t behave like the IRS in allowing you to separate yourself from your business at the onset. In this case, it is not to their advantage. They don’t have any security in the business as it has not produced any revenues and don’t have a track history of prompt payments. | What’s worse is that throughout the life of a business, most owners won’t do enough to separate themselves from the business.
Business owners are so busy creating revenues (as they should be) or lining up funding that the world of business credit is as foreign a concept to them as nuclear engineering. Remember when you were young and your parents told you that establishing good credit history will save you a lot of headache and money over the years? Well they were right! The Guru is now telling you that as an entrepreneur establishing credit history for your business is just as important and if not more important than your personal credit history.
Your business is a source of income for you. A way to pay bills and perhaps one day lead a lifestyle you read about in books or watch in movies. The only thing you can count on for income after yourself (and perhaps your spouse) is your business. And as such, it should be treated with respect, nurtured, regularly monitored, and cultivated.
I can’t tell you the number of times I get business owners who want credit after being in operation for 3 years and haven’t ever taken a look at a copy of their business credit report. I think this is just amazing and massively detrimental. Some have no other source of income other than the business yet when I mention things such as “Your business credit score is too low” or “There are tax liens on your business credit profile” they get insulted, frustrated and of course angry. The reason being is that most of the time when someone *really* wants business credit, it’s at the 11 the hour when they’ve finally gotten an opportunity to buy something at wholesale prices from a foreign source, or a large purchase order from a major manufacturer. And as we all know, anything donein the 11 —_— hour is expensive, frustrating and often bears ill results.
Guru: Tip
Not Being Aware of Your Business Credit Score is a Recipe for 11m Hour Frustrations and Let wish)
Guru: Recommendation
“Regardless of whether you are starting a knitting shop selling your blankets for $4.99 a pop or a software company trying to secure it’s first $30M in seed money, stay AWARE of your business.
Unwise Business Ideas
There are a few things you need to stay away from as far as startup ideas are concerned. The reasons for this are simple. As a startup you're already viewed as a risk. 90% of startups fail in their first year, and so vendors are leery of new businesses. If I was selling laptops and you came up to me to let me know you're A) a startup B) would like a credit line C) don’t want to give me a personal guarantee D) don’t want me to check your credit and E) want me to only hold the company responsible for repayment, I'd wish you the best of luck and walk away.
I suppose it’s a good thing that I don’t run Dell, Home Depot and Staples, because they’ll honor that kind of request, but we'll get into that later. Right now let’s concentrate on getting some basics out of the way so the remainder of the path isn’t confusing. There are a few business ideas that seem like they’re home runs on paper but in truth are going to lead you into some serious credit problems down the road.
If you’re starting up and looking for business ideas, these are a few to stay away from. If you’ve got a multi billion dollar plan for one of these ideas, I definitely don’t want to tell you to abandon it. Just know that the deck is stacked against you as many people will refuse to deal with you on ethical, legal or financial accountability basis. Here they are:
i. Anything associated with Adult Entertainment
it. Online Gambling Casinos
iii. A Business that buys/sells Financial Notes
iv. A Real Estate Investment Firm (my personal favorite)
The first category, Adult Entertainment, doesn’t really need to be explained in too much depth so [ll skip it. Just know that putting anything remotely associated with the industry is automatic grounds for denial for most banking credit and quite a few merchants as well.
The second category is where it gets interesting. A while ago, I got approached by a group of young kids trying to startup an online casino; they called it “poker school”, and wanted to amass large credit lines to handle their cash inflows and outflows. Apparently these guys were some local poker sharks in the area and had amassed quite a bit of money as they were talking about paying someone $50K to set up a shelf company (discussed later) and get some credit going for them. They heard about me from one of my Apprentices trued Guru and were really excited about my methods.
At the time, I had never considered going down this road for a potential client base and was a bit excited by the challenge. I called around a few banks and got one of my trusted expert credit officers on the line and discussed the idea with him. He flat out told me that 99% of the banks he knew of would consider this request simply because of their industry. I was quite taken aback. Apparently gambling institutions are not a hot ticket item for banks despite the obvious cash flow implications. Some banks won't even let these institutions open up checking accounts.
The reasons for this vary from State to State, but the gist is that as gambling is outlawed in most states, and any entity dealing with gambling not pre-approved by the state is going to be penalized. Since banks are the most regulated institutions in the country, it’s no surprise that no one wants to take any risk associating themselves with an outfit that is potentially doing something illegal. Most banks simply won’t risk it.
Guru: Tips
Developing Credit and Banking Relationships is Key to becoming a Guru
Financial note sellers and real estate investment firms are lumped into the same category as far as banking relationships are concerned. Both are considered high risk industries due to the sheer amount of defaults, non payments, and inexperienced managers. Real estate investment firms are especially frowned upon because of the lack of stability in this market on “flipping” properties. Startups looking for money or credit are always troublesome and heavily scrutinized. Many companies that have long business histories often have the idea of buying distressed real estate properties and start looking for credit to do so. Though its certainly possible to attain business credit lines, explicitly getting credit for investment purposes is usually grounds for an automatic denial. From a financing perspective, being as expensive as they are with respect to interest rates, general investing simply does not deliver the type of return that would make the credit line worth while anyway.
Types of Businesses and the Impact on Business Credit
In order to become a Guru , first you must learn about foundations of business legalities. The reason being is that in most cases it’s important to understand how a C corporation gets credit versus how a Partnership would get credit. I use the term credit loosely for the time being. I will start dissecting its meaning in a few chapters down the road. For now, it’s sufficient to know that credit is granted by someone or something and that entity, the Credit Grantor, is who we are focused on.
In the world of business credit, what kind of legal entity your company is, has a direct impact on how credit will be granted to you. A Buddhist belief beckons that boredom is one of the keys to enlightenment.
If that’s so, the following section is both, enlightening and boring.
Guru: Tip
Credit Grantors view the world in a different way. Evolving from Apprentice to Guru requires one POMP SORIA GD MOR) NCUPh Ker IOAN LID B
Sole Proprietorships
In the world of Guru s and Credit Grantors, Sole Proprietorships are always a sign of hidden problems. As an entrepreneur, they do little for you. They offer limited protection from any lawsuits and do not create a separate business identity aside of a tax ID number and a starting platform for doing business. Typically, I consider these the lazy way to be in business.
As I said earlier, I advise against Sole Proprietorships. Things such as personal tax liens and collections can easily be reflected in your business credit profile. Your personal credit will rebound quickly from these types of faux pas, but your business credit will not. There are plenty of entrepreneurs out there who have operated for years as a sole proprietorship and then decide to incorporate as either an S or C corporation. In my professional experience, 80% of this group often has hidden liens, judgments and collections that are showing not only against their personal credit but also on their business credit. These are rather difficult to eliminate, so why even bother with the hassle?
Guru: Recommendation
“Don’t be lazy. If your business is producing income; incorporate.”
Partnerships
These are a better option for business credit rather than sole proprietorships, but still have some serious limitations. First limitation is that a partnership is again, a “de facto” way to be in business without really taking the time to incorporate. Hence, it too, offers little protection. Each partner is considered a sole and separate entity that is joined with the other(s) to transact under one Tax ID number. This advice is of course limited to small business entrepreneurs and not established corporations that decided to form a partnership agreement to do business under.
The problem we often run into here though is that Credit Grantors usually look at the partners as equal shares in the company. This may work against those in the situation where one partner’s credit score is terrible (we’re going to need credit scores to get business lines of credit and credit cards). In that case, little if anything can be done.
Corporations
There are two types, S and C corporations. | Despite the common perception that C is better than S in business credit decisions, I have never experienced any proof of why this is or if it’s even a valid statement. Both are fine. And both leave quite a bit of wiggle room when a business owner has bad credit scores. Getting alternative guarantors on corporations is easy as updating with the state’s filing status and appropriate papers and then waiting for seasoning requirements by banks.
LLC’s
In the business world, the added advantage of an LLC over a corporation is that through a few residential lenders, the LLC can get independent residential financing. Residential financing can be granted to a LLC, instead of the individual, if the loan to home value ratio is low (usually 65% or lower). The credit scores of the owners of the LLC (or the operating managers) have to be good to grant this loan and the LLC has to be an income generating business that can pay the balance of the mortgage through its profits.
There are (to date) NO stated or no income documentation programs.
I mention this little tidbit of information for the large sea of would be real estate investment firms that are constantly looking for business credit. This is one way with one caveat. If you’ re a LLC with an array of credit lines and are arranging a loan to buy residential real estate, you'll have to show how you’re coming up with the large down payments. In the case when I’ve worked with LLC’s who were borrowing against credit lines to come up with the down payment, the request was always declined. Always!
Business credit for LLC’s is easily attainable but once again, just as in the case of the corporations, the overwhelming majority of managing partners need to have stellar credit in order to qualify for the bank credit lines and credit cards. This advice applies to startups and business entities that do not have an established business credit history. There are ways to qualify for both without personal credit checks or at the least, without as much emphasis on personal credit.
Guru: Recommendations
LLC’s and Corporations have equal weight in the business credit world with LLC’s having the added advantage of being able to qualify for certain types of financing by themselves
CHAPTER 2: BUSINESS CREDITOLOGY 101
Matt Says...
“When in Doubt, Understand that All Knowledge Extends From a Few Fundamental Concepts.”
The Three Bureaus
In the last section you may have picked up on me referring to bank credit lines and merchant lines of credit. If you were confused about how these differ, I will clear them up in this section.
But, let’s start with the bureaus first. Understanding the what, the who, and the how of the organizations that are actually creating and monitoring your company’s business credit will greatly help in understanding the range of what is and isn’t possible.
Credit Grantors look at the data from credit bureaus to determine if a corporation is worthy of ace
Guru: Recommendations
“Learn as much as you can about the different types of credit bureaus and how they keep score”
There are multiple credit bureaus in the business credit world and just like in the personal credit market, they are not run by a governmental body. All credit bureaus are independent organizations that operate by selling credit information to businesses or consumers. In the business realm, there are 3 major credit bureaus and a few minor ones. The big three are:
Dunn and Bradstreet (DNB)
Experian Business
Equifax Business
By far, the most commonly used bureau is Dunn and Bradstreet, or DNB for short. Unlike the personal credit markets, businesses inquiring about another entity’s credit do not pull all three bureaus. The reason
being is that it’s simply too expensive. On average, each report can cost anywhere from $9.99 to $149.99 for a single pull without a volume account. If pulling all three bureaus was the norm, businesses would be spending potentially $400+ getting credit for a company. On average, most companies will pull two credit reports: DNB and Experian.
The major difference between the bureaus is the number of businesses each one reports on in its database and the scoring system(s) they use. Each bureau has a separate and unique scoring system. We'll dive into these systems later, but for now its enough to know unlike the personal credit market where a 700 score means the same thing for all three personal credit bureaus, a 225 score from DNB is not the same as a 225 score from Experian Business (225 doesn’t even exist as a potential score from Experian).
Experian Business and DNB credit reports on a business account for 99% of all the reports I have come across to date. Once a business requests credit from a given merchant or bank the vendor will pull a credit report through one of these bureaus. For example, let’s say a small distribution company called Pacific Distribution sells office products to Bay Area law firms. In an effort to expand business, the shareholders decide to court a big Southern California client and receive a huge order for various office products. Let’s also assume that Pacific Distribution is a very small outfit (3 man show) and is incredibly cash poor.
Instead of paying their suppliers in cash which would leave them severely depleted in reserves, the owners rather request a $50,000 revolving credit line from each supplier to help manage cashflows. To date, Pacific has made no such request from any vendor and its business credit profile has never been pulled. If all the suppliers use Experian to pull credit, Experian will be the first one notified that Pacific Distribution is seeking credit and will create a new file for the company. There is little the owners can do to modify the information provided to the credit bureau and cannot proactively create a new file with Experian.
The reason why this is important is that DNB is the only bureau to date that provides a way for new companies with no pre-existing relationships with suppliers or other vendors to create a credit file. After getting a Tax ID number, the shareholders or officers of that organization can call the DNB proactively and request a DNB number (DUNS number) for their company. They can also input preliminary information such as length of time in business, names of shareholders, sales, employees, etc.
Guru: Tip
The DNB uses a proprietary online credit management system called DNBi. It is by far the most CUNT MAI PILI MSC Oa as KIBO ee ORS esr RRO Lam KS this system to request information about a particular company.
Once a DUNS number is assigned, a new credit file for the company is created and an overall score, called the Paydex, is provided. The Paydex is one of 3 different scores used by DNB to provide credit information on a company. What the Paydex is and its importance is discussed later, but what’s important to note here is that the Paydex is just one of a few different scoring systems from DNB. There are others
(Commercial Credit Score and Financial Stress Score). The Paydex can be built to really high levels but in the end it’s PART of the entire picture, not all of it.
Some Basic Business Credit Concepts
Most suppliers (or vendors), such as office supply stores, gas stations, computer outfits, usually use DNB to grant store credit to a given legal entity. In other words, if I was to create a brand new C-corporation in state of California with a DUNS #, I can request a store credit card or credit line from RadioShack or OfficeMax with nothing more than my DUNS# and my incorporation papers. Usually, no credit checks are used and in quite a few cases personal credit information is not even requested. When a retail business grants credit to be used within its chain of stores (I’m using the word stores loosely, it can mean anything from gas stations, office supply stores, etc.) I call it vendor or merchant credit.
Vendor credit can be easily and quickly built from a slew of well known vendors as big as Staples and Texaco, to ghost stores that don’t sell any products but can be used to inflate the size of your credit lines.
This latter of type of credit is often associated with shelf companies that we will discuss in depth in later chapters of this book. For the time being it is sufficient to know that the concept exists.
Bank credit, unlike vendor credit, is a parallel concept to credit cards. Banks give unsecured (as in they do not encumber any asset) credit lines to organizations that are within the bank’s credit risk. Depending on various banks, the risk assigned to a specific borrowing entity may entirely or partially depend on factors such as:
« Company’s credit scores and the scores of the guarantors
« Company’s Industry
« Company’s credit grade
« Amount of time present management has been in place
« Revenues and Income of the Company
« Length of time company has been in business
These credit lines can be used for any business purpose but are most often used for proper cash flow management. Bank credit lines always require prime credit scores from the guarantors, not necessarily the shareholders. To qualify, the guarantors must be one of the officers of the company that are mentioned in the company’s Articles of Incorporation or Operating Agreement.
Guru: Tip
You should see now why its beneficial to have a corporation or LLC instead of a sole proprietorship, general partnership, etc. Guarantors are not the same as the shareholders of the company and can come and go. This leaves for a lot of maneuverability down the road.
The Scoring Models of the DNB
As a startup, or an established business with little prior business credit history, you really need to focus only on one type of business credit bureau. And that happens to be the DNB. DNB offers multiple scores, as in more than one, on a given company and there are three that we need to really take a look at:
1) The Paydex
2) The Overall Commercial Credit Score and
3) The Financial Stress Score.
The Paydex is the easiest score to maintain and is often mistaken as the only score the DNB provides. As they say in France, “au contraire mon frere”. This mentality is a true novice mistake. Many an entrepreneur with perfect Paydex scores have gone down the path of requesting credit and financing only to be declined because of “Serious Derogatory or Delinquency” items found on the credit report. I can’t begin to tell you the number of times I have found myself discussing this issue with clients. The Paydex is used as an indicator for how prompt the company is in paying its bills. That’s it. It’s not the end all be all of credit scores and is only part of the picture.
The following chart breaks down the scores of the Paydex and what they mean:
Commercial Credit Score (CCS) is the next big item and is often completely overlooked by entrepreneurs when assessing their own company’s creditworthiness. The importance is
akin to the overall FICO score of the company and is often used in determining whether a company is creditworthy. It is this score that is often the determining factor in bank credit line decisions. The
Commercial Credit Score creates a statistical model for the likelihood of a company being delinquent, or 90 days past terms to any of its vendors over the next 12 months. In other words, the CCS, shows whether or not the company may default or be delinquent at some point in the future. It’s a predictive score that anticipates when a company will generally pay its bills.
A table of these scores and how they rank is provided below:
Commercial Credit Score Credit Score
TCU SCOle Percentiie Crs
SSOOTC Toe f
4O3=53 FSG
423=492 3457 3
36a 99. 44320 4
If it’s not obvious from the table, anything below a 400 Commercial Credit Score is usually grounds for automatic denial of credit. I have seen few companies with scores below 400 get approved for bank credit lines. Once a company reaches and maintains itself among the higher echelons of credit scores in the chart above, less emphasis is put on the personal FICO score of the shareholder in credit based decisions.
Guru: Tips
The Paydex and Commercial Credit Score account for most of the criteria that Credit Grantors SMSO) DUCK MSM RU RC ext AM RIM CUKoM IO UUCC Mest One dependent upon the recommended credit limit by the bureau.
Guru: Recommendations
“Periodically check your business credit scores. It never hurts to know how good or bad you look to a Credit Grantor.”
The final score that is taken into consideration is the Financial Stress Score. This score predicts the likelihood of a firm going out of business without paying its creditors in full, reorganizing, filing for
bankruptcy protection and/or relief from its creditors over the next 12 months. Here is the scoring model used by the DNB:
Financial Stress Score
Financial Stress Incidence of Percentile
Stress Score Financial Score Range
Class Rang Stress
157
1. 21-100 0.49%
1875-1353
2. 11-20 1.37%
1376- 1303
3. 5-10 3.73%
1352-1225
4. 2-4 8.30%
1302-1001
5. 1-35. 80 %
1224
All scores are normalized using other factors such as company size in terms of employees, annual revenues reported from the year prior, public filings, trade payments made, length of histories with
vendors, etc and given a fourth rating, called a Composite Credit Appraisal. These can be classified into two separate categories: 1) companies that provide financial data to DNB and 2) companies that don’t.
The latter, and this is important, can never get above a “Good” or 2 rating on the system. To get the highest rating possible, Al, a company must report its financials to the DNB.
As a startup, the only scores you need to worry about for right now are the Paydex and the Commercial
Credit Score. Once we get into how to create business credit, I'll dive into both of these a bit more and how you should monitor them. For right now, just think of this section as a good reference guide.
Personal Guarantors and Guarantees Demystified e A great deal of ignorance lies in this statement:
“T want to get $1M in business credit but I don’t want to give out a personal guarantee.”
Every time you find yourself thinking of such a statement, understand that you are thinking like an Apprentice and not a Guru. Guru s know that personal guarantees are a part of every, and I do mean, every credit and lending decision. Even credit cards have within them a personal guarantee clause. Essentially, all a personal guarantee is that you pledge your assets (your bank account, your home, your cars, and your credit) to the payment of a specific debt. A personal guarantee means that you are personally guaranteeing the debt. A bank or a merchant would be foolish not to ask for one. It would be like me going up to you to buy something from your store and saying “I don’t want to be held liable for the debt in case I can’t make payments on this item.” That’s a pretty foolish request. Yet many are lulled into this false sense of security that personal guarantees are somehow not needed on certain financing and credit decisions. It simply isn’t true.
Checking personal credit and/or encumbering personal assets though are completely separate matters. A personal credit check may be required by the Credit Grantor to ensure that the individual asking for the credit request is credit worthy. In other words, does the individual have a good personal credit history that shows a track record of making prompt payments on similar requests when credit has been granted? This step may or may not be a part of a given credit decision.
To encumber something on the other hand, in the business sense, means to put a physical lien or other security instrument against it. That is considered collateralizing your assets to secure a loan and is not the same as a personal guarantee.
Therefore, a guarantor is an individual (or group of individuals) who have the assets and/or the credit to support the prompt payment of the credit request plus the interest. In credit and lending decisions, a guarantor personally guarantees repayment of debt through their own assets in case the debt defaults. A lender may or may not choose to collateralize the guarantor’s assets to complete this guarantee. It is not always required.
Guru: Tip
You’d be surprised to find out that a few individuals don’t understand this simple concept and use the terms credit checks and guarantees synonymously. If in doubt, ask what they mean.
CHAPTER 3. GETTING MERCHANT CREDIT
Matt Says...
“Once the fundamentals are known to the Apprentice, the journey towards becoming a Guru consists of fortitude, perseverance and exercising their knowledge”
What you should know by now
I neglected to put this section at the end of the last chapter because reviews are most beneficial when done beginning an experience, rather than when ending it. Before moving forward, I have provided some terms that you should have a good understanding of by now. From this point forward, I will use these terms interchangeably:
DNB, DNBi
« Equifax Business
« Experian Business
« Business Credit Bureaus
« Commercial Credit Score
« Paydex
« Financial Stress Score
« DUNS Numbers
« Vendor Credit Lines
» Bank Credit Lines
« Personal Guarantors
+ Personal Guarantees
« Credit Grantor
Types of vendors that will give you instant credit
We will now begin to take our knowledge of the fundamentals and begin to create credit. If you’re with me so far, the next few sections and chapter are the equivalent of a graduate course in business credit. I will go through step-by-step how we’re going to get your company from where it’s at currently to have a large amount of credit lines from vendors and banks in as short of a time as possible.
Believe it or not, phone companies, wireless providers and a whole slew of office product companies will give your company credit without any financial or personal credit information. These are the easiest types of vendor credit to attain and being a startup our goal is to get a total of 20 vendors reporting to our business credit file in 90 days. Here are the *types* of merchants that grant credit to startup firms.
Phone Companies and Local Broadband
AT&T is available in most areas and they provide an easy way to get a business account. All you need is your Tax ID information and maybe your articles of incorporation/organization to verify that you are in fact a legitimate business. Usually, a phone company will setup an account for you without using any personal credit information. The only thing that I would suggest here is to find a way to get yourself in your local pages listing. This will help you in getting listed in case a merchant decides to do company verification. Most phone companies will provide this as an option for you and if they do not, do ask your sales representative on how you can get this setup.
Guru: Tip
An 800 number greatly enhances the profile of your company and makes it look like more than just you running your firm out of your home.
Guru: Tip
“Always make sure your company has an 8** number”
Next, your representative should give you the option of setting up a broadband type of service (via cable or DSL) through your account. This is also a good idea, though you may want to shop around for the cheapest provider as its not always necessarily going to be your phone company. Depending on what you're doing with your business, I highly recommend starting slow and then building up. And that means starting cheap. DSL/cable modems can be instantly activated to faster speeds so there’s no need to get the latest greatest services available with high transfer speeds. Start making some revenue first and then upgrade as you see fit.
Your phone company may also ask you if you'd rather use VOIP (voice over IP) service. This is gaining in popularity and is cheap, fast and flexible. If you’re on a shoestring budget and need to place a high volume of calls for your business but can’t afford the long distance charges, this is not a bad option. Just ensure that you are listed in the phone books and have a 411 listing to your business. That should accommodate what we’ re trying to accomplish.
Wireless
Wireless phone providers (Sprint, Nextel, T-mobile, AT&T, etc) ALL provide business accounts for startup companies. I’ve found though that the page links to get started with ordering business services is not readily available on their websites. Instead, you'll have to call into the new customer service departments and ask for information on how to setup business accounts. One of the reps will usually provide information (in some cases, they may ask you to visit a local dealer with a copy of your articles of incorporation/organization and a utility bill of your company). In all cases, these wireless companies will grant as many as 20 lines for your firm. If you need them, they’re there, but having seen quite a few entrepreneurs start companies and fail, I have some golden advice for you. Only spend cash if it somehow increases your productivity, increases your revenue or decreases your expenses. Don’t increase your monthly expenses in the hopes that down the line the increase will help in increasing productivity. This is a gamble that 90% of the time causes startups to be upside down in expenses before they get out of the gate. Spend wisely. Think of it as an investment. If there are 4 of you in the firm and they’re giving away 20 lines, only take 4.
Crete ain
Business credit is not free money. Don’t be exuberant. Buy only what you can afford to pay back.
Office Supply Stores
The easiest merchants to get credit out of are office supply stores. Staples, Officemax, Office Depot and even online e-commerce stores like Nebs and Quill regularly grant credit. These stores grant super small lines ($300 - $1000) for your company but then once you have an established history with them, they will easily jack these lines up to as much as $5000. That’s a lot of office supplies if you ask me.
Almost all of these stores have a separate business credit section built into their websites. If for some reason you can’t find it, call one of the 800 numbers for the stores and ask for a credit application for your business. You will get one emailed and or faxed to you right away.
Large Technology Outfits
Firms like Dell, IBM, HP and Xerox love granting small credit lines to newly formed companies though you must have a history of a few accounts with positive trade history reporting to the DNB before this step can be taken. Before going to these outfits, ensure that you have at least 5 other vendors on your credit profile that have been around for at least 90 days. Once you’re over that hump, you can list the new vendors as reference accounts and then start with a small business credit line from these companies.
Gas Stations
Texaco and Chevron are among the few gas companies that regularly give out business credit lines without a personal credit check. I have yet to see something similar from Amoco or Exxon. With a few credit lines built into your credit profile and a few vendors reporting (ideally you want to have total credit up to $2500 before you go down this route) you can start applying to Texaco and Chevron. Don’t go overboard with credit limits; try requesting a modest credit limit of $300 to get everything started. Every month you are welcome to call in and ask for an increase. Once you have a few months of track history with these firms, you can apply for additional or supplemental lines with companies like 76, Circle K, and BP Amoco.
Other Retail Giants
The final category, and often the most difficult to qualify for, is the retail giants such as The Home Depots, Best Buy and Circuit City. The trick to getting qualified here is to have at least $7500 in credit built up that is reporting on your business credit profile with, of course, no history of late payments and a super high Paydex score (75+). Once you are at this stage, applying for credit with these large outfits is easy. In the case when they ask for personal information, I have often told my Apprentices to leave it blank. Surprisingly, we found a 50% approval rating when the business was for at least 6 months or more, had a good DNB profile and a high Paydex along with $7500 in credit from other vendors.
Why Vendor Credit is Important
In 6-12 months of starting to apply for business credit, you can easily build $10K in vendor credit (if you're still not convinced I will give you a step by step approach soon enough). Once there, your company has enough credit to compete with a normal average 19 year old teenager. In other words, your company begins to take an identity of its own. You, being the owner or shareholder, should treat it as such and furtively promote your business as a separate identity when applying for credit. But why is any of this important? Why can we not just start applying for credit cards and bank lines of credit?
The answer lies in understanding what vendor credit does to the overall credit score of your company.
Simply put the more vendors are reporting on your company’s credit profile, the more robust your company appears. Credit Grantors will always look for a detailed credit history of any business entity that they are about to grant credit to. The longer, broader and more diverse this history appears in a credit profile, the more your company is operating as its own entity and the less it matters of the individual personal fico scores of the shareholders (guarantors will always be required for loan or credit requests).
CHAPTER 4: ALLABOUT CREDIT CARDS AND CREDIT LINES
Matt Says...
“The final frontier in credit development lies in attaining unsecured credit.”
True Business Credit Cards
When I was a business credit Apprentice, I knew a family member who started a business and was able to get $50K in credit cards virtually overnight. When asked how, he replied “Simple. I have great credit.”
If you and your shareholders have great credit, applying for an unsecured business credit card is a cinch.
Simply go to any of the credit card companies I mention in the next table, apply for a credit card and you'll wind up getting one virtually overnight. Just ensure that among the plethora of offers these
companies regularly endorse on the table, the card you are applying for is truly unsecured. In other words, that the business credit card shows up only on your businesses credit profile. I’ve done most of the work for you and given you some good hard and fast rules for each company, their qualification criteria if it was available, and then the contact information for each.
Despite this information, I don’t consider these offers “true” business credit cards. In my perspective, no personal credit check should be required in order to grant an unsecured credit card to a business. If you’ve done a good job of separating your business from your own identity, than there area few companies that offer credit cards without personal credit checks. One such entity is discussed in this book in the following section.
Out of the gate as a startup, you’re not going to qualify for true business credit cards. The reason being, of course, most do not have established business credit history and definitely not enough merchants reporting on your credit profile. If you are in the situation where you don’t mind having your personal credit run and can qualify for one of these credit cards, your goal is to get 3 — 5 unsecured business credit cards on your profile along with 20-25 vendors reporting. If you establish good positive trade history with each of your merchants, pay your bills on time and keep your balances low (don’t max out your credit cards) then applying for credit as a business becomes a whole lot easier down the line (6-12 months of positive credit history at the minimum).
There are a few companies that offer true business credit cards and I show you in the next few sections how to find them and apply for them.
Who Gives out Business Cards?
Quite a few companies regularly give out business credit cards. But they are not really selling their own credit cards... they are usually using their own logos and branding but someone else’s programs to make you qualify for credit. Here are the largest business credit card companies I know of. I call them the “usual business credit card suspects”:
ABN AMRO* GE Business Card
Advanta Business Services HSBC Bank USA *
Bank of the West Huntington National Bank
Chase Manhattan Bank * Key Bank USA
Citibank USA, N.A LaSalle Bank
Comerica Bank, N.A. * MBNA America Bank, N.A.
FIFTH THIRD BANK QuickBooks Business MasterCard ©
Kirst Hawaiian Bank Standard Federal Bank
First National Bank Of Omaha *
As promised earlier, ’'ve done most of the work for you. I’ve broken down three of the top credit granting companies for startups, the types of programs they offer, and where they offer them. Some companies even offer working capital loans and leases, but as a startup most are going to base their decision off of personal credit.
Advanta Business Will consider new companies
Services Annual Sales Volume: not to exceed $10 million
- No minimum years in business
- Up to $50,000 in working capital
- Your business name at the top of the card
- Additional cards for employees
- Rewards and discounts
Key Bank USA In business 1 or more years
Geography: AK, CO, ID, IN, ME, MI, NH, NY, OH, OR, UT, VT, WA
The Home Depot
MasterCard In business for 1 or more years with established business credit
Geography: Nationwide
What’s an Unsecured Credit Line and How it Functions
Unsecured lines of credit are revolving bank credit lines given to companies and do not show up on the owner’s personal credit reports. The words “unsecured” comes from the fact that these credit lines do not require any collateral and do not encumber any assets of the business owner (remember our discussion of personal guarantors?). In other words, no physical lien is put against the personal property of the entrepreneur. The worst most banks will do is put a UCC filing that will encumber the assets of the business up to the point of the size of the line of credit. But even that is rare.
There are two main types of LOC’s: the ones requiring no income documentation and the ones requiring full documentation. The former are aggressive programs that provided by certain big national or regional banks. The latter are usually the product of small community banks that are spread across the country.
The main differentiator is this. | No income documentation programs always, and I do stress always, require prime credit from each guarantor. There are no exceptions to date and I don’t presume that there will ever be. Banks operate on risk mitigation. To think like a bank, you have to start asking yourself the following question, if this was my money, would I lend to someone else in my position and if I could, how would I ensure I get my money back? That’s risk mitigation.
How do you mitigate the risk of lending to someone that’s looking to borrow? For banks, part of the risk can mitigate itself if the borrower has high credit scores. Typically, these borrowers have a lower chance of defaulting on loans and have demonstrated responsibility in payments. Thus, in the absence of any income documentation, credit can be extended to these borrowers by virtue of their high personal credit scores, their industries, their business credit scores and their declared annual revenues from the year prior.
That last statement should raise an eyebrow or two. “Last year’s gross income?” you should be asking yourself. “But if that’s the case, how do shelf companies get lines of credit when in fact they ve made no money?” By lying about income. That’s bank fraud and a common Apprentice mistake. Be very careful about shelf companies and shelf company providers. All banks, and I list a few of them in this book for you; look for a declaration of income. If you’ve bought a shelf company, your gross income is $0.
How you qualify for bank lines of credit is a completely separate matter. If you are a prime borrower (have great FICO’s), have a company that has been around for more than 2 years, you can qualify for up to 20-25 % of your company’s gross annual sales from the year prior from each lending institution that is listed in the appendix. Simply navigate to the websites indicated, by state, and look for the small business section. You're looking for a business credit line, not a loan, but a revolving credit line on these sites.
These lines are interest only and are usually referred to as SBAExpress Credit Lines, Business Express
Credit Lines, or Business Credit Express Lines.
CHAPTER 5: PUTTING ITALL TOGETHER: A STEP BY STEP PLAN
Matt Says...
“Follow the footsteps of those that have gone before you and never get swept off your feet.”
Watch and Follow the Guru in Action to Learn!
In the past few chapters I’ve given you just enough of what you'll need to establish credit for your startup company. But I’m not finished yet. We’re now going to create business credit for a company as if I was doing it myself and narrating my actions. As the Apprentice, all you have to do is follow my lead for the same results with your company.
Step 1: Incorporation: CPN’s Do Work Best!!
As I advised you earlier, incorporation is the key. Before I do anything, I incorporate. And before incorporate, I file for a Tax ID Number. ( legalcpn.com/personal_cpn.html ), This is synonymous with a
Tax ID number and Legal CPN works best to ensure your Tax ID Number creditability inspecting for mergings.
Next, I will incorporate a firm called “The Guru , Inc” as a C Corporation through an online provider such as The Company Corporation (Click Here to be connected to this site and incorporate). I already have searched for example that “The Guru , Inc” is a valid name for a company in Alaska. I choose 100 shares for no par value and assign them to myself. I also grant myself the positions of the President, Secretary and Treasurer. I do this because the Business Credit Guru is confident of his personal credit scores. If you find that you do not have confidence of your personal credit, please read my alternate book: The Business Credit Guru: Bad Credit Business Credit_Guide and I show you how to get around bad credit problems. I could not address this vast subject in this book especially as it doesn’t apply to everyone opening a startup. Once filed, I choose an option for delivery from The Company Corporation and then I wait. Once I receive my package, I immediately open a business checking account.
Step 2: DNB Profile, DUNS, and ScoreBuilder
My next step is to create a DNB profile, get a DUNS number and signup for the ScoreBuilder program.
Start by visiting dnb.com us and selecting to get a D-U-N-S number. At the time of the publishing of this book, this option was a link on the upper right of the page. If that has changed, remember that the D-U-N-S number is absolutely free. There is no charge and despite what anyone tries to sell you, all you need for starters is the number and the ScoreBuilder package for reporting on vendors.
Next I want to create an online account for my company and sign in to create my company profile. Here, I'll list myself as the CEO, tell them the number of employees I have and my revenues.
The only item that I want to explain a bit further here is the ScoreBuilder. In the business credit world, vendors and banks don’t HAVE to report to the credit bureaus. It is an option for them. Some do, some don’t. Unlike personal credit bureaus that rely on creditors to proactively report on payment trends, the DNB allows business owners the option to have a service placed on their account where DNB goes out and monitors your payment trends on given vendors. Even though there are some Guru s that are purists and do not wish to go down this route, I find that typically, this is a great way to add vendors that you pay in full every month to build your company’s Paydex credit score to high levels fast (within 90 days). The payment trends will also be reflected in the Commercial Credit Score also.
Step 3: DNB, Phone Lines and Broadband
In what follows, I will follow a formula that has a pretty good hit rate for most startup companies in my experience. For companies already in existence, applying the formula below may take some finagling depending on how your credit is currently. If your Paydex score is flawed and you have liens on your credit report (best to pull the DNB $150 comprehensive insight report on yourself to find out), you most likely will not be able to repeat the following with the same results. In this case, refer to the business credit repair section on where to go next.
Once I’ve established a DNB number, the next step is to open a business phone line and get broadband service with my DNB number (if needed) and my Tax ID number. This can be done without the Article of Incorporation and so I’m not going to wait for them to arrive in the mail. I ensure that my company’s address is different than my residential address (if I don’t have an office I use Postal Annex to create an artificial forwarding address).
The simple reason for this step is once this information is enlisted with the DNB, the information becomes public and I do not want my home address out there for everyone to see. A private mailbox with a local Postal Annex and will have suite numbers instead of PO Box numbers and do the job of creating a separate mailing address rather quickly.
Once my business phone lines are established, I list my company with the Yellow Pages with the new phone number and the new address. Upon receiving my first phone bill, I will add in my phone company as a vendor for my ScoreBuilder profile. Throughout this entire endeavor I will ensure that I pay all my bills on time.
Guru: Tip
ON or CATER OMI ROCC A MIM IP ACR ee w eaten mmo stellar credit scores.
Step 4: Adding Wireless and Office Vendors
Next, large office supply vendors, such as Staples are good about giving out small credit lines to companies but need a copy of a utility bill showing your address. Since I have already received my first phone bill I will apply for a credit line of $750 at staples.com for a business credit account.
While mat it, I also open a business account with NEBS (nebs.com) and QUILL (quill.com). Once approved on all three, I add them to my ScoreBuilder profile. I fully know by this time the amount of total credit I’m approved for ($750 from Staples, $300 from Quill, and $300 from Nebs in most cases). On my business credit report, after 30 days of these vendors being added, I will show three trade lines totaling $1,350 with perhaps a small balance on them.
Next I realize that I need cell phones and I know that the easiest ones to apply for are either Nextel or T-mobile. I follow the same principles as above. I go to the website, call the general number, ask to apply for a business account and follow their procedures. Usually these lines come in 5s so I may wind up having 5 lines in no time that are from my company and not myself. They will even have “The Guru ” on caller ID when calling other phones. This is a revolving account and works much like the AT&T account.
It usually has no credit limit and so does not do much to boost scores. If I have room on my ScoreBuilder, I will add this account in as well, but if I do not, phone and wireless providers are not the types of vendors. I want reporting on credit histories. Since I cannot raise credit limits, I will not gain anything except prompt payment history.
Guru: Tip
The ScoreBuilder product comes in various sizes. If you are strapped for cash and cannot afford the $700 yearly subscription, only add the accounts where your credit limit can be raised over time
and ones that will show prompt payment history. Having one without the other serves little purpose.
Step 5: “Fattening” the Credit File
Once all these vendors are reporting on my credit file, my next step is to “Fatten” my credit file to get over $3500 in total business credit. I can accomplish this easily over the next 60 days by adding vendors from Appendix A. I only pick and choose the vendors that I know correlate with my industry. For example, if I had registered myself as a trucking company, it would not make too much sense to have 1800Flowers as a vendor. Down the road, a credit grantor may choose to take a look at the “type” of vendors that are reporting on my credit file. Were atrucking company and had nothing but flower companies as my vendor base, it would not lend too much credibility to my business’ actual activities. It is doubtful for any trucking company to only have flower companies as the vendors it normally works through.
Being “The Guru , Inc” I consider myself an online retailer as I am in the eBooks industry. Accordingly, I will pick companies that directly impact my business. To give you an example, I will most likely pick vendors from the following industries:
+ Shipping
+ Packaging
+ Hosting
* eCommerce
* Computers
* Electronics
I will stay away from companies requiring any kind of a personal credit check and continue to add them in until my total credit reaches $3500.
Step 6: Adding 2 Behemoths to Get to $15000 in Total Credit
Once I reach $3500 in total credit, I first call Staples and ask to extend my credit line to $1500. Prior to making this request I ensure that my payments were all on time and that I have a $0 balance on my account. When asked for a reason for the increase, I state the truth. I am building my companies credit and it would work to our advantage of having a well known firm such as Staples increase our credit line.
We’re responsible, well managed and as our records show, do not abuse credit. I repeat this procedure with Nebs and Quill. Both should double my initial credit lines. Once my credit total credit is increased to $5000, I move to the first of two credit behemoths.
I call Dell’s (www.dell.com) small business division and ask to apply fora business credit account of $5000. I know that they will ask for all the same company information but they will most likely also ask for my company’s DUNS number. At this point in time it is to my advantage that my Paydex is above 80.
The other credit scores don’t really matter much here unless I’ve missed payments on my report. If Dell denies me, it may be due to a seasoning reason (not been in business for too long) but this is a rarity.
Once Dell has been established as a vendor, I will add them in on my ScoreBuilder profile and move to the other behemoth. The Home Depot is a tough cookie to deal with. Primary reason being that their qualification criteria are elusive and they have a habit of initially declining applicants and then approving them 30, 60, or 90 days later. The most important things to qualify for are the Home Depot vendor credit account. I follow the same basic procedure as before except in this case, I already know which website to go to and will point it out for you as it’s tough to find for the Apprentice.
Click Here: Home Depot Revolving Charge Card
Step 7: The Goal
After following steps 1-6, and adding The Home Depot and Dell to my ScoreBuilder profile, my goal is to repeat Step 5 until I have amassed 25 vendors reporting on my credit profile. My strategy is as follows.
I add new vendors every 30 days. After 90 days of adding them, I ask for credit increases. Once I have broken in to one industry of vendors (Shipping for example) I add similar vendors after 90 days. In the example above, I added Staples, Nebs and Quill all within the office supplies industry within my first 30 days of incorporation to my ScoreBuilder profile. Following suit, in 90 days I will add in Office Depot and OfficeMax while requesting credit increases from Nebs, Quill and Staples. 90 days later, I ask for credit increases from all 5.
To take this a step further, I added Dell and The Home Depot as part of step 6. 90 days later, with Dell and The Home Depot both reporting on my credit profile, I will add in Xerox, HP, Compaq, and Lowes while asking for credit increases from The Home Depot and Dell. 90 days later, I ask for credit increases from all fully knowing that I may not get subsequent increases and may get declined.
Usually, most vendors will allow 1 or 2 credit increases all year. Responsibility in repayment and keeping balances low is the key.
The First Few Unsecured Credit Cards and A Credit Line of up to $100K
Credit cards and credit lines require some seasoning on your company. Advanta Business Credit (in our chart above) is one of the only credit card providers I know of that will give an unsecured VISA/MC credit card to a company using a personal guarantor that has been in operations for less than 6 months.
Citibank also has some aggressive programs but they usually require being in business for at least one year. American Express is one company that regularly extends credit cards to small startup companies.
Qualifying for any of these credit cards is as simple as visiting their websites and applying.
However, we’re concerned with getting qualified for business credit cards without the hassle of going through random credit checks and such. If you need a credit card badly and have stellar credit, I’m sure one of the above 3 will provide a business credit card for you. But if you’re willing to wait and build your business credit, there is an easier way.
Once you have 25 vendors reporting on your DNB credit profile and you have been in business for 1 year, there are 3 lenders that will grant you credit (provided that you can qualify for it and that your guarantors have credit that is above 700). One is Bank of America, the other is the Home Depot MasterCard (Click this link: The Home Depot MasterCard to go to the website), and the third is Key Bank USA (Click here: Key Bank USA)
The HDMC remains to date one of the only credit cards that don’t require any personal credit information.
After months of tinkering with the formula, I finally found that what I’ve laid out for you above to have the greatest chance of success in attaining this card. Once approved, of course you'll want to add these two items in to the ScoreBuilder.
Next, call Bank of America and ask to apply for a SBAExpress credit for up to $100K. A BofA representative will ask you a few questions, the most important of which is your gross revenues from last
year. Bank of America will give you up to 15-20% of your gross revenues from the year prior as a credit line with stated income documentation. The only required documentation needed prior to closing will most likely be the Articles of Incorporation, business licenses, utility bills, etc.
Between the three lenders I just pointed out, you should be able to rack up at least $50K of unsecured lines provided your revenues were sufficient to get that aggressive of a credit line from Bank of America.
Year 1 and Beyond
If you’ve come this far, the next few sections should be incredibly important and beneficial to you. Your temperament drastically changes after year 1 and having accomplished everything I’ve listed in the last few sections. As a first year company, you are no longer an entity that can be ignored. Your company is beginning to look and feel like it has a life of its own.
Even if you weren't able to accomplish everything with the unsecured credit lines and credit cards (due to credit problems, etc.), your direction is not going to change much. At this point, Apprentices can act very Guru like by calling the DNB and Experian Business directly and asking to increase the overall credit limit assigned to them. Prior to taking this step, ensure that you have updated your company’s profile with updated revenues, employment and management changes if there were any.
In my example of “The Guru , Inc”, in my first year of business I would have had $100K in a credit line, $20K in credit cards against my company and 25 vendors all totaling upwards of $25K - $35K in credit.
My total credit on my company would be somewhere in the $150K range with a 10% rotating balance on my credit lines. No late payments and no derogatory public record/collection are on my business credit report. Let’s say on my one year anniversary, I pull my Comprehensive Credit Report and find out the following details:
« Overall Commercial Credit Score: 600
« Paydex: 85
« Recommended Credit Limit: $25,000
To me, though the credit scores are great, what’s concerning is that the DNB is only allowing a maximum of a $25K limit. I don’t think that’s very credit worthy of my company. Being a Guru , I will call the DNB and ask them to increase my credit limit. I tell the DNB something to tune of “Our Company is growing fast and we cannot routinely get approved for small credit lines. We’ve demonstrated a history of prompt payment and credit responsibility and would like to request a credit increase so that we can apply for larger credit lines to help manage our growing cash flows.”
In the case above, the DNB will most likely double, or even triple my recommended my credit line after a review. Why? Because I have demonstrated that my company is a responsible borrower. We’ve kept our records clean and have shown credit responsibility. We are definitely very credit worthy. As a Guru, my next step is to go back to each one of my vendors and credit accounts and ask them to “re-evaluate our credit line” for an increase. They run credit again and they see that our recommended credit limits are larger. They act accordingly.
Using this same approach, I’ve managed to take a few companies with $150K of total credit to $250K in less than 60 days. After 6 months of waiting and prompt payments, I once again called the DNB and requested a credit line increase. I repeat this process until I have the credit I desire.
Guru: Tip
The above approach works to perfection with one caveat. Your company has to be an income producing company that is commensurate with your credit increases. You cannot list on your
profile that your company made $50K and request a credit limit increase to $250K. These types of requests are usually a total waste of your time as they’ll get declined 99.9% of the time.
THE OTHER OPTION: SHELF COMPANIES:
Matt Says...
“Avoid deceit. Guru s have far more effective methods.”
DEFINITION OF A SHELF COMPANY
Quite a few business credit Apprentices stumble upon the concept of the shelf company and are immediately seduced with advertising as brash as:
“Want to get $1M in credit? Buy a Shelf Company! Our companies come with millions of dollars of credit lines!”
Who wouldn’t be seduced?
Business credit Guru s fully know that such advertising is little more than a sales gimmick. Though a shelf company may indeed have millions of dollars in credit lines, they definitely aren’t from banks or lenders.
But first, let’s clear up this elusive concept. What is a Shelf Company?
In my example I’ve been using, “The Guru , Inc” is a perfectly good example of a shelf company that is until it reaches its first year. I created a company, filed all the appropriate paperwork, got all the appropriate vendors to report and have been building my credit profile. Had I not applied for credit cards and bank credit lines, I could have kept building these vendor trade lines and kept the company around for years without actually making any money. Just as easily, after amassing a large chunk of credit lines, I could have sold it to someone and saved them the headache of having to do all the work themselves.
That is a shelf company. Why would I not want to create credit lines and credit cards for “The Guru, Inc” had I intended for it to be a shelf company from the start? If my original goal was to put “The Guru, Inc” on the shelf and let it season for a few years while I develop a vendor database, I would have definitely not given any banks or any lenders a personal guarantee on a revolving charge against my personal credit!
That would be foolish. That way, when I go to sell the company, the new owner assumes all the credit lines with me as a personal guarantor. I’d be bankrupt and up to my ears in debt in 30 seconds.
WHAT A BROKER ISN’T GOING TO TELL YOU
When brokers are selling to the vast sea of business credit Apprentices, it is to their disadvantage to disclose that anyone can create a shelf company with millions of dollars of trade lines. Let’s examine how one would do just that. Say you are a savvy business credit Guru and understand how business credit works. So you incorporate a company, let’s call it XYZ Industries, Inc and get all the appropriate documentation filed with a company like The Company Corporation. You open up a Dunn and Bradstreet
profile and assign your company a Paydex score. You then incorporate another company called ABC Products, Inc and follow the same procedure.
ABC Products, Inc and XYZ Industries, Inc are both independent entities. And it is perfectly legal to be vendors of each other, or in other words provide each other with their own products and services. Each company can then proceed to give a large credit line to the other and report as such on the credit bureaus.
After all, it’s totally the company’s business how large of a credit line it can grant.
Let’s dive into this concept a little deeper. Say you own a small convenience store and have decided to give your clients with good credit scores a store credit card. It is up to you, the owner of the company, to grant the amount of credit to someone. You can make it as large or as small as you’d like. After all, it’s your credit. The individual can go around and use as much of it as they’d like in the store and buy whatever they want. They can pay as they go, incurring an interest charge every month that you impose upon them. Many companies use this model to add serious returns to merchandise. Rarely do people asking for credit have the ability to pay for the entire product; otherwise they’d buy it in cash. Most consumers love having the option of splitting their payments into installments and slowly pay back the balance. Most owners and companies are okay with that, provided the individual pays interest on the outstanding balance of what they owe every month.
Well, what if you were to strip away all your products and services from your store? What if you sold absolutely nothing? You can grant as much credit to anyone you'd like because that other person has absolutely nothing to buy. I can give someone $1M of a credit line, report to the bureaus that I have done as such, and that other person has a $1M line of credit from my store. What if that other person wasn’t a person a at all? What if it was a company? Does it change anything?
Absolutely not! As far as the credit bureaus are concerned, it changes nothing. I can grant credit to anyone and start a trade line for that company on any given credit bureau. One and done. And that’s what’s happening here. ABC Products, Inc and XYZ Industries, Inc don’t sell anything. Yet they grant each other $1M lines of credit and keep reporting to credit bureaus every 30 days with $0 balances. Now imagine if there was an entire group of these? How about 200 companies that did just that to cache other?
What would their credit report look like when you pulled credit? It was would have 200 vendors reporting perfect credit history for a long time. What do you think that does to a business credit score?
And in essence what are you buying? You’re buying a company that has $1M of credit lines from other companies that probably don’t sell anything of value. Having said that, obviously if ABC Products ever applied for credit at another unsuspecting vendor that does sell products and service, the vendor would be staring at a pretty impressive credit profile and would be willing to get aggressive on its credit line. So shelf companies may in fact come with large credit lines from certain well known vendors (discussed below).
What about bank lines and other lines of credit? Can a shelf company qualify for those? The answer is a big flat “No”. Remember our discussion about banks look for when approving credit lines for companies?
1. Shareholder’s credit score
2. Income documentation or “statement of income”
3. Length of time in business
For a given shelf company, the answer to number 2 is a big fat $0. Shelf companies haven’t been making any money and to claim that they have is *lying*. Take a look at what’s going on with mortgage markets and the slew of individuals that lied about income and are facing large payments they cannot afford.
There is a lesson to be learned here. If you or the company hasn’t been making a certain amount of money, don’t claim otherwise. Either through a bank audit or renewal you have a high risk of getting caught not telling the truth. Lying about income to get a bank to grant financing or credit is the absolute bare bones definition of bank fraud.
CHAPTER 8: SOME FINAL WORDS OF WISDOM, PASSIVE INCOME OPPORTUNITIES, AND GOOD RESOURCES FOR FINANCING
Matt Says
“The path to becoming a Guru is one of patience. Never be led off the path by greed.”
I want to be brief in parting ways from you. I have described as best as I can a straight and narrow way of establishing business credit ethically. In doing so, my number one priority was to convey information and enlighten the many would be Apprentices on the market today. If you’re a businessman or businesswoman, I’m sure you can see the value in having an unbiased text such as the one I have provided for the myriad of entrepreneurs and business credit seekers that are often led astray by offers that are not
honest. It is with this spirit that I ask you to share the information I have provided wisely and profitably.
First, is to become an affiliate of our products from the Business Credit Guru. We provide hefty commissions to our partners who help us enlighten others on any one or all six of our products. Please
email us ([email protected] ) to find out more about our affiliate program.
Second, one of the best resources I have to my disposal is an army of top lawyers. Despite the money I’ve made as a successful business credit Guru and a business financing Guru , you'd be surprised to hear how much I pay per month for my legal bills: Less than $30.00. That’s right, not $3000, but thirty dollars a month. There are no gimmicks and no other hidden costs. To date, I have encouraged all my clients, colleagues and friends to join this service through Pre-Paid Legal. For $30.00/month, you can’t get a better bargain. Plus you get commissions for referring others as well. To register, email us directly at [email protected]
Finally, there have been numerous times when the needs of a startup are better served through financing rather than credit. The Gallant Group, Ltd (gallantgrp.com) is THE company for any sort of working capital loans, commercial, residential or business financing. I have seen these guys pull off deals that I didn’t think could get funding. They have almost 10000 different programs for entrepreneurs in the early or middle stages of growth. The owners have a nice consultative style and I can’t say enough good things about them. Use these guys and use them often!
These resources are yours to use. They are provided as some good references that I can personally attest to being your Guru.
APPENDIX OF VENDORS
Here are the complete names and websites addresses of all the vendors I’ve ever used in creating business credit. I give it all to you here.
ABC Building Supply abcsupply.com
Home Depot Supply homedepot.com
United Parcel Service upscapital.com
Tiffany and Company ousiness.tiffany.com
Radio Shack Biz radioshack.com
Federal Express fedex.com
Border's Books Corp bordersstores.com
Kinko's fedex.com
Interstate Batteries interstatebatteries.com
Valero Oil Co valero.com
Wal-Mart Corporate walmart.com
JC Penney Biz onlinecreditcenter2.com
Exxon-Mobil Business exxonmobil.co.uk
CITGO Gas Card citi.bridgetrack.com
Staples Biz staplescentral.com
Office Max Biz officemax.com
Shell Corp. Gas Card citibank.com
Sam's Club Biz samsclub.com
Amazon amazon.com
Target redcard.target.com
Tractor Supply mytscstore.com
Office Depot officedepot.com
Dell dell.com
Expo Design Center expo.com
Sunoco Fuel Card sunocoinc.com
John Deere Credit deere.com
Chevron-Texaco chevrontexacocards.com
Marathon Fuel marathonpetroleum.com
Quicken intuit.com
Lowe's lowes.com
Wright Express wrightexpress.com
Capital One capitalone.com
Verizon o2b.vzw.com
AT&T wireless.att.com
T-Mobile t-mobile.com
Sprint together with Nextel sprint.com
Marriott marriott.com
Hilton Hotels doubletree.hilton.com
Hyatt hyatt.com
La Quinta lgq.com
Best Western bestwestern.com
Motel 6 motel6.com
Radisson tadissonsas.com
My Tool Store mytoolstore.com
JDR Micro Computers jdr.com
Northwest Builder's Network Inc nwbuildnet.com
Savoya (Limousine Company) savoya.com
Carey International (Limousine Company) careyint.com
Davel (Limousine Company) davel.com
Oakwood (Corporate Housing) oakwood.com
Bridgestreet (Corporate Housing) bridgestreet.com
Empire Limousine (Limousine Company) empireint.com
Greyhound Bus greyhound.com
Hewitt Packard HP hp.com
IBM Computers ibm.com
Crestwood Suites (Hotel) crestwoodsuites.com
Super Shuttle (Limousine Company) supershuttle.com
United States Postal Service usps.com
Korman Communities (Corporate Housing) kormanl.com
Ballantye Resort (Hotel) ballantyneresort.com
Peapod Food Delivery Service peapod.com
Huntington Bank (Relocation Direct Bill Service) huntington.com
Rio Pavilion (Hotel) harrahs.com
Billing Direct (affiliate program, like CJ.com) billingdirect.net
Sonesta Hotel & Suites sonesta.com
ASAP Coach (Limousine Company) asapcoach.com
Boston Coach (Limousine Company) bostoncoach.com
Air Culnaire (Food Service) airculinaire.com
Hyatt Regency Lake Tahoe cflr.com
Hertz hertztrucks.com
Waiter.com (food take out company) waiter.com
AAMCO Transmissions aamcotransmissions.com
Metro Hosting (Web Hosting Provider) metrohosting.net
Jacopos (Pizzeria) jacopos.com
Masters Inn (Hotels) mastersinn.com
SelectATicket selectaticket.com
FTD ftd.com
1800-flowers.com 1800flowers.com
Wilkinson's Flowers wilkinsonsflowers.com
Monster (They give net 14 terms) monster.com
My Coffee Supply mycoffeesupply.com
Luggage Pros luggagepros.com
Exclusive Tickets exclusivetickets.com
Linens n Things Int.com
Macys macys.com
BladeSmart oladesmart.com
HydePark Jewelers hydeparkjewelers.com
Franklin Sports franklinsports.com
Cognigen PCs cognigen-pc.com
Viracon viracon.co
Trade Name tradename.com
Fairytale Brownies brownies.com
Monte Vistamvcoop.com
Sencore sencore.com
Amtech amtechdisc.com
Headsets headsets.com
Bloomingdale's bloomingdales.com
USA LEGAL FORMS uslegalforms.com
Vac Hut Plus, Inc. vachutplus.com
Ideal Industries idealindustries.com
Discount Awards discountawards.com
Corporate Express corporateexpress.com
Continental Airlines continental.com
Alson's Jewelry alsonjewelers.com
Kohls kohlscorporation.com
Luberman's building lumbermens-building.com
GETTY GAS getty.com
Thrifty thrifty.com
JEB Leasing Company jebleasing.com
Powell Company powellcompany.com
Earthlink Business Services carthlink.net
A-Vidd Electronics a-vidd.com
EBC Computers ebccomputers.com
Circuit City Business Sales circuitcity.com
Walgreens walgreens.com
Disney disneymeetings.disney.g0.com
Ingram Micro ingrammicro.com
3 M Company solutions.3m.com
Mitsubishi Digital Electronics America mitsubishi-tv.com
Pioneer Electronics (USA) Inc.
pioneerelectronics.com
Franklin Covey shopping.franklincovey.com
Harley Davidson harley-davidson.com
Starbucks starbucks.com
Bed, Bath & Beyond bedbathandbeyond.com
REI rei.com
DTV City dtvcity.com
World Lux worldlux.com
GAP gapincbusinessdirect.com
Rose City Software rosecitysoftware.com
Axion Tech axiontech.com
Bacario bacario.com
Patagonia patagonia.com
Sharper Image sharperimage.com
Amherst Technologies amherstl.com
Corporate Outfitter corporateoutfitter.cabelas.com
Weems Plath weems-plath.com
Gempler's gemplers.com
Saab saabfleet.com
Staceys staceys.com
Samys samys.com
L.L. Bean llbean.com
Handago handango.com
US LUGGAGE sluggage.com
Surray Luggage surrayluggage.com
Williams-Sonoma williams-sonomainc.com
APPENDIX OF BANKS
Here are the names of major banks and their websites broken down by each state.
Alabama
AmSouth Bank
Bank Independent
Bank of Brewton
Bank of Pine Hill
Bank of Wedowee
Barbour County Bank
Citizens Bank
Colonial Bank
Commercial Bank of Ozark
Community Bank & Trust
Compass Bank
Cullman Savings Bank
Eva Bank
Farmers & Merchants Bank
Farmers & Merchants Bank (Centre & Leesburg)
First Citizens Bank of Luverne
First Commercial Bank
First Federal Bank
First Federal of the South
First Metro Bank
First National Bank of Brewton
First National Bank of Brundidge
First National Bank of Central Alabama
First National Bank of Dozier
First National Bank of Scottsboro
First National Bank of Shelby County
First National Bank of Talladega
First Southern Bank
First Southern National Bank
First Tuskegee Bank
First United Security Bank
Erontier National Bank
Headland National Bank
Heritage Bank
Merchants Bank
Monroe County Bank
Peoples Bank & Trust
Peoples Bank of North Alabama
Phenix-Girard Bank
Regions Bank
Reliance Bank
Security Federal Savings Bank
South Alabama Bank
SouthTrust Bank
Union Planters Bank
United Bank
West Alabama Bank &Trust
Alaska
Denali State Bank
First Bank
First Interstate Bank of Alaska
Northrim Bank
Arkansas
Arkansas National Bank
Arvest Bank Group
Bank of England
Bank of Eureka Springs
Bank of Fayetteville
Bank of Pocahontas
Bank of Rogers
Bank of the Ozarks
Bank of Yellville
Citizens Bank & Trust Company
Citizens Bank of Batesville
Citizens State Bank
Commercial National Bank of Texarkana
Community Bank
Community First Bank
Cross County Bank
Delta Trust and Bank
Elk Horn Bank & Trust Company
Farmers Bank & Trust
Earmers Bank & Trust Company
First Arkansas Bank & Trust
First Arkansas Valley Bank
First Federal Bank of Arkansas
First Arvest Bank
First National Bank & Trust Company of Rogers
First National Bank & Trust Company of Mountain Home
First National Bank in Mena
First National Bank of Berryville
First National Bank of Crossett
First National Bank of Fort Smith
First National Bank of Hope
First National Bank of Paragould and Jonesboro
First National Bank of Paragould and Jonesboro
First National Bank of Springdale
First Security Bank
First Security Bank of Fayetteville
First United Bancshares.Inc.
First Western Bank & Trust
Forrest City Bank
Helena National Bank (HNB)
McGehee Bank
Mcllroy Bank & Trust
Metropolitan National Bank
MidSouth Bank
National Bank of Arkansas
One Bank & Trust
Piggott State Bank
Pulaski Bank & Trust Company
Simmons First Bank of Searcy
Springdale Bank & Trust
Superior Federal Bank
The Capital Bank
The Union Bank
Arizona
Armed Forces Bank
Bank of America
Bank of the Southwest
Bank One
Commerce Bank of Arizona
Community First Bankshares, Inc.
Compass Bank
First International Bank & Trust
Marshall & Ilsley Bank (M&l)
Mohave State Bank
National Bank of Arizona
Northern Trust Bank of Arizona
Stearns Bank
Sunrise Bank of Arizona
Valley Commerce Bank
Wells Fargo Bank
Western Security Bank
California
Alliance Bank
America California Bank
Bank of Alameda
Bank of Amador
Bank of America
Bank of Canton of California
Bank of Internet USA
Bank of Los Altos
Bank of Marin
Bank of Petaluma
Bank of Stockton
Bank of the Orient
Bank of the Sierra
Bank of the West
Bank of Visalia
Bank of the West
Bank of Walnut Creek
Bay Area Bank
Bay View Bank
Borel Bank and Trust Company
Borrego Springs Bank
Brentwood Bank ofCalifornia
Broadway Federal Bank
Business Bank of California
Butte Community Bank
California Bank & Trust
California Center Bank
California Federal Bank (Cal Fed)
Canyon National Bank
Capital Corp of the West
Cathay Bank
Central Sierra Bank
Citibank
Citizens Bank of Nevada County
City National Bank
Civic Bank of Commerce
Coast Commercial Bank
Comerica Bank
Community Bank of San Joaquin
County Bank
Downey Savings
Eldorado Bank
El Dorado Savings Bank
Exchange Bank
Fallbrook National Bank
Far East National Bank
Feather River State Bank
Fidelity Federal Bank
First Bank of Beverly Hills
FirstBank of San Luis Obispo
First Community Bank
First National Bank of Northern California
First National Bank of Olathe
First Regional Bank
First Republic Bank
First Western Bank
Eoothill Independent Bank
Fremont Bank
General Bank
Goleta National Bank
Guaranty Bank
Hanmi Bank
Heritage Bank East Bay
Heritage Bank of Commerce
Humboldt Bank
Imperial Capital Bank
Jackson Federal Bank
Kerman State Bank
La Jolla Bank
Lake Community Bank
Liberty Bank
Life Bank
Los Angeles National Bank
Luther Burbank Savings
Manufacturers Bank
Marathon National Bank
Mechanics Bank
Merchants Bank of California, N.A.
Mid-State Bank
Mid Valley Bank
Mission Community Bank
Montecito Bank & Trust
National Bank of California
North Valley Bank
Pacific Crest Bank
Pacific Mercantile Bank
Pacific State Bank
PFF Bank & Trust
PriVest Bank
Redlands Centennial Bank
Rancho Bank
River City Bank
Sacramento Commercial Bank
San Benito Bank
San Diego National Bank
San Joaquin Bank
Santa Barbara Bank &Trust
Santa Lucia Bank
Scott Valley Bank
Sentinel Community Bank
Six Rivers National Bank
Southern Pacific Bank
Sunwest Bank
Tehama Bank
Tokai Bank of California
Union Bank of California
United Commercial Bank
Universal Bank
US Bank
Valley Bank
Valley Independent Bank
Vineyard National Bank
Vintage Bank
Visalia Community Bank
Wells Fargo Bank
Westamerica Bancorporation
Western Security Bank
Western Sierra Bank
Wilshire State Bank
Yosemite Bank
Colorado
1st Choice Bank
Alpine Bank
American Bank
Bank of Colorado
Bank of the San Juans
Bank One
Canon National Bank
Castle Rock Bank
Century Savings & Loan Association
Citizens State Bank of Cortez
Citywide Banks
Colorado Bank and Trust
Colorado Business Bank
Colorado East Bank & Trust
Community Banks of Colorado
Eaton Bank
First Commerce Bank of Colorado
First National Bank
First National Bank of Arvada
First National Bank of Canon City
First National Bank of Durango
First National Bank of Lamar
First National Bank of Las Animas
First National Bank of Longmont
First National Bank of Paonia
First National Bank of Stratton
First State Bank of Hotchkiss
Firstate Bank
Heritage Bank
Home State Bank
Liberty Savings Bank
North Valley Bank
Premier Bank
Rocky Mountain Bank and Trust
San Luis Valley Federal Bank
TCF National Bank Colorado
UMB Bank
Union Colony Bank
Valley Bank & Trust
Valley National Bank
Vista Bank
Weld County Bank
Wells Fargo
WestStar Bank
Young Americans Bank
Connecticut
American Savings Bank
BankBoston
Banknorth Connecticut
Citibank
Cornerstone Bank
Dime Savings Bank
Fairfield County Savings Bank
Earmington Savings Bank
First County Bank
First International Bank
First National Bank of Litchfield
First National Bank of Suffield
Fleet Bank
Guilford Savings Bank
Jewett City Savings Bank
La Jolla Bank
Liberty Bank
Litchfield Bancorp
Mechanics Savings Bank
The Milford Bank
National Iron Bank
Naugatuck Savings Bank
New Haven Savings Bank
Newtown Savings s Bank
North American Bank
Nutmeg Federal Saving Bank
People's Bank
Salisbury Bank & Trust Company
Savings Bank of Manchester
Savings Bank of Rockville
The Simsbury Bank
Southington Savings Bank
Stafford Savings Bank
Thomaston Savings Bank
Tolland Bank
Torrington Savings Bank
Union Savings Bank
Webster Bank
Westport National Bank
Delaware
Artisans' Bank
Bank of Delmarva
Delaware National Bank
First Union
First USA Bank
Mellon Bank
PNC Bank
Sovereign Bank
Wilmington Trust
WingspanBank.com
Florida
American National Bank
AmSouth Bank
AmTrust Bank
Atlantic States Bank
BankAtlantic
BankFirst
Bank of America
Bank of Tidewater
Bay Bank & Trust Co.
Capital City Bank
CenterState Bank of Florida
Century Bank
Citibank
Citizens Bank of Oviedo
Citizens Community Bank
Citizens Federal Savings Bank of Port St. Joe
Citrus Bank
City National Bank of Florida
Clay County Bank
Coconut Grove Bank
Colonial Bank
Columbia County Bank
Community Bank of Homestead
Community Bank of Naples
Community National Bank
Community Savings
Compass Bank
Crown Bank
Destin Bank
Emerald Coast Bank
Englewood Bank
Earmers & Merchants Bank
First Bradenton Bank
First City Bank
First Commercial Bank offampa
First Federal Savings Bank of Florida
First Federal Savings Bank of Lake County
First Home Bank
First International Bank & Trust
First National Bank and Trust
First National Bank and Trust Company
First National Bank of Florida
First National Bank of Mount Dora
First National Bank of Naples
First National Bank of Pasco
1st National Bank of South Florida
First Navy Bank
First State Bank
First Union
Elagship National Bank
Florida Bank of Commerce
Florida Choice Bank
Grand Bank of Florida
Gulf State Community Bank
Gulfstream Business Bank
Hamilton Bank
Harbor Federal Savings Bank
Horizon Bank, FSB
Huntington
Independent National Bank
Interamerican Bank
Intercredit Bank
International Finance Bank
Liberty National Bank
Liberty Savings Bank
Mackinac Savings Bank F.S.B.
Madison Bank
Marine National Bank
Monticello Bank
Northern Trust Bank of Florida
Ocala National Bank
Ocean Bank
Oceanside Bank
Pacific National Bank
Peoples Bank
Peoples First
Perkins State Bank
Pointe Bank
Premier Bank
Raymond James Bank, FSB
Regions Bank
Republic Bank
Republic Security Bank
Signature Bank
Skylake State Bank
Sofisa Bank of Florida
Southeastern Bank
Southern Commerce Bank
Southern Community Bank
Southern Exchange Bank
Southern Security Bank
SouthTrust Bank
SunTrust Banks Inc.
The Terrace Bank
TIB Bank of the Keys
TransAtlantic Bank
UniBank
United Bank
United Southern Bank
Valrico State Bank
Village Banc of Naples
VirtualBank
Warrington Bank
Washington Mutual
West Coast Guaranty Bank
Adel Banking Company
AmSouth Bank Georgia
Atlantic States Bank
Bank of America
Bank of Dade
Bank of Eastman
Bank of Hiawassee
Bank of Hiawassee
Bank of LaFayette
Bank of Perry
Bank of Toccoa
Bank of Upson
Blackshear Bank
Bryan Bank & Trust
Buckhead Community Bank
Cherokee Bank
Chestatee State Bank
Citizens Bank of Washington County
Citizens Trust Bank, Atlanta
Columbus Bank & Trust Company
Community First Bank
Community Trust Bank
Darby Bank & Trust Co.
Decatur First Bank
Douglas County Bank
Douglas Federal Bank
Eagle Bank and Trust
Embry National Bank
Exchange Bank
Farmers & Merchants Bank
Farmers & Merchants Bank/Dublin
The Farmers Bank
Eirst Capital Bank
First Community Bank of Southwest Georgia
First Georgia Community Bank
First National Bank and Trust
First National Bank of Alma
First National Bank of Camden County
First National Bank of Griffin
First National Bank of Polk County
First National Bank of Scottsboro
First National Bank of the Internet
First Nation Bank
First Peoples Bank
First Union
Firstate Bank
Flag Bank
Gateway Bank & Trust
Georgia Bank Trust Company of Augusta
Georgia State Bank
Greater Rome Bank
Habersham Bancorp
Lumpkin County Bank
Morris State Bank, Dublin
NetBank
Northwest Georgia Bank
Oconee State Bank
Park Avenue Bank
Patterson Bank
Pelham Banking Company
Peoples Bank
Pinnacle Bank
Premier National Bank of Dalton
PrimeSouth Bank
Quantum National Bank
Regions Bank
Rockdale National Bank
SouthTrust Bank
Spivey State Bank
Summit National Bank
SunTrust Banks, Inc.
Novus Financial Corp.
The National Bank of Georgia
Thomasville National Bank
Tucker Federal Bank
Union County Bank
United Bank
Wachovia Bank
West Central Georgia Bank
West Georgia National Bank
Hawaii
American Savings Bank
Bank of Hawaii
Central Pacific Bank
City Bank
First Hawaiian Bank
Amcore Bank
American State Bank
American Trust & Savings Bank
Bank Midwest
Bank of America
Bankers Trust
Banklowa
Bennett State Bank
Boone Bank & Trust Co.
Burlington Bank and Trust
Carroll County State Bank
Central State Bank of Muscatine
Central Valley Bank
Citizens Bank
Citizens Bank
Citizens First National Bank
Citizens Savings Bank
Citizens State Bank
City State Bank
City State Bank (Central City)
Clear Lake Bank & Trust
Clinton National Bank
Community Bank
Community First Bank
Community First National Bank ofDecorah
Community Savings Bank
Community Savings Bank
Community State Bank
Community State Bank
Cresco Union Savings Bank
DeWitt Bank & Trust Co.
Dubuque Bank & Trust
Earlham Savings Bank
East Dubuque Savings Bank
Exchange State Bank, Ames
F & M Bank
Earmers Savings Bank
Farmers State Bank
Farmers Trust & Savings Bank
Federal Home Loan Bank of Des Moines
First Central State
First Citizens NationalBank
First Community Bank
First Federal Bank
First Federal Savings Bank of lowa
First Federal Savings Bank of Twin Falls
First National Bank of Ames
First National Bank ofCedar Falls
First National Bank of Farragut and Shenandoah
First National Bank of Hampton
First National Bank of LeMars
First National Bank ofMuscatine
First National Bank of Sioux Center
First National Bank of Waverly
First Security Bank &Trust
First State Bank
First Trust & Savings Bank
Fort Madison Bank and Trust Company
Fortress Bank
Green Belt Bank & Trust
Grundy National Bank
Guaranty Bank & Trust Company
Guthrie County State Bank
Hampton State Bank
Hancock County Bank &Trust
Hardin County Savings Bank
Heartland Bank
Hills Bank and Trust Company
Home State Bank
Houghton State Bank
lowa Savings Bank
lowa State Bank
lowa State Bank & TrustCo.
lowa State Savings Bank
lowa Trust & Savings Bank
Keokuk Savings Bank &Trust Company
Kerndt Brothers Savings Bank
Keystone Savings Bank
Le Mars Bank & Trust Company
Lincoln Savings Bank
Mahaska State Bank
Manufacturers Bank &Trust Company
Maquoketa State Bank
Marion County State Bank
Mercantile Bank
Midwest Federal Savings
Midwest Heritage Bank
Northwest Bank & Trust Company Bank
Northwest Federal Savings Bank
Northwoods State Bank
Norwalk-Cumming State Bank
Norwest Online
Okey Vernon First NationalBank
Onward Bank Bancshares
Page County State Bank
Panora State Bank
Pella State Bank
Peoples National Bank
Peoples State Bank
Peoples Trust & Savings Bank
Pioneer Bank
Poweshiek Bank
Premier Bank of Dubuque
Principal Bank
Randall-Story State Bank
Sanborn Savings Bank
Security Bank & Trust Company
Security Savings Bank
Security National Bank
Security State Bank
Security State Bank (Anamosa - Cascade - Monticello)
Shelby County State Bank
State Bank & Trust
State Bank of Waverly
State Central Bank
Tama State Bank
The State Bank
Tri-County Bank & Trust
Union Bank & Trust Company
Union Planters Bank
United Bank of lowa
United Community Bank
Washington Federal Savings Bank
Washington State Bank
Wayland State Bank
Webster City Federal Savings Bank
Bank of Pullman
Bank of the West
D.L. Evans Bank
Farmers & Merchants State Bank
Farmers National Bank
First Federal Savings Bank
Home Federal Savings
Idaho Banking Company
Lewiston State Bank
Panhandle State Bank
Pend Oreille Bank
U.S. Bank
Washington Mutual Bank Idaho
Illinois
A. J. Smith Federal Savings Bank
Alpha Community Bank
Alpine Bank of Illinois
Amalgamated Bank of Chicago
Amcore Bank
Armed Forces Bank
Associated Bank
Bank & Trust Company
Bank Champaign
Bank of Herrin
Bank of Illinois
Bank of Pontiac
The Bank of Marion
Bank One
BankPlus
Belvidere Bank
Black Hawk State Bank
Bluestem National Bank
Bradford National Bank
Busey Bank
Cambridge Bank
Capstone Bank
Central Trust & Savings Bank
Charter National Bank
Chesterfield Federal Savings & Loan
Citibank
Citizens First National Bank
Citizens National Bank of Macomb
Cole Taylor Bank
Columbia National
Community Bank of Joliet
Corus Bank
Cosmopolitan Bank and Trust
CoVest Banc
Devon Bank
East Dubuque Savings Bank
Edens Bank
The Edgar County Bank & Trust Co.
Effingham State Bank
Elgin Financial Savings Bank
Elgin State Bank
Exchange State Bank of Lanark
Fairfield Savings Bank
The Farmers Bank of Liberty
Farmers State Bank
Federal Home Loan Bank of Chicago
First American Bank
First Bank, Carmi
First Bank of Highland Park
First Bank of Oak Park
First Bankers Trust Company
First Capital Bank
Eirst Community Bank and Trust
First Federal Savings Bankof Champaign-Urbana
First Mid-Illinois Bank & Trust
First Midwest Bank
First National Bank-Employee Owned
First National Bank &Trust Company, Carbondale
First National Bank & Trust Company, Clinton
First National Bank in Pinckneyville
First National Bank of Brookfield
First National Bank of Decatur
First National Bank of Joliet
First National Bank of La Grange
First National Bank of Marengo
First National Bank of Raymond
First National Bank ofRochelle
First National Bank of Steeleville
First National Bank of Sullivan
First National Bank of Waterloo
First Robinson Savings Bank
First State Bank —
First State Bank ofBeardstown
Fisher National Bank
Flora Bank & Trust
Forest Park National Bankand Trust Company
Foster Bank
Galena State Bank
Grand National Bank
Hardware State Bank
Harris Bank
Havana National Bank
Heartland Bank and Trust
Henry State Bank
Heritage Bank of Central IL
Herrin Security Bank
Illini State Bank
Illinois National Bank
Interstate Bank
Itasca Bank & Trust Co.
Lake in the Hills Bank
Lakeland Community Bank
LaSalle National Bank
Liberty Bank for Savings
Lincoln Park Savings Bank
Lincoln State Bank
Marine Trust Company(Marine Bank)
Mazon State Bank
Mercantile Trust & Savings Bank
Merchants Bank
MidAmerica Bank
Mid Town Bank
Midwest Bank and Trust Company
Morton Community Bank
Murphy Wall State Bank
National Bank
National City Bank
New Century Bank
North Community Bank
North Federal Savings Bank
North Shore Trust Bank
Northern Trust
Northview Bank & Trust
Oak Brook Bank
Old Second Bank
Oswego Community Bank
Oxford Bank & Trust
Park National Bank
Peoples State Bank of Newton
Peru Federal Savings Bank
Pontiac National Bank
Prairie State Bank & Trust
Pullman Bank
Rantoul First Bank
Regency Bank
Riverside Community Bank
Royal American Bank
Sauk Valley Bank & Trust Co.
Second Federal Savings of Chicago
Security Bank
Security Savings Bank
Security State Bank of Hamilton
South Holland Trust & Savings Bank
South Pointe Bank
South Shore Bank
South Side Trust & Savings Bank
Soy Capital Bank
St. Paul Federal Bank
Standard Bank and Trust Co.
State Bank of Augusta
State Bank of Niantic
State Bank of The Lakes
State Bank of Waterloo
“Stillman BancCorp, N.A.
Suburban Bank & Trust Co.
Success National Bank
Tempo Bank
The Bank of Edwardsville
Tremont First National
Union Savings Bank
United Community Bank
University National Bank
Warren-Boynton State Bank
Waukegan Savings and Loan, $B
West Pointe Bank and Trust Company
West Suburban Bank
Williamsville State Bank & Trust
Indiana
American Savings FSB
Bank One
Centier Bank
Citizens First State Bank
ECN Bank
Farmers State Bank
Fifth Third Bank
First Bank Richmond
First Farmers Bank & Trust
First Federal Savings Bank
First Indiana Bank
First Internet Bank
First Merchants Bank
First National Bank & Trust
First National Bank of Portland
First National Bank of Valparaiso
First Source Bank
First United Bank
Firstar
Grabill Bank
HomeBank $B
Indiana Trust Company
Irwin Union Bank
Jackson County Bank
Key Bank
Lafayette Bank & Trust
Lafayette Savings Bank
LaSalle Bank
Lincoln Federal Savings Bank
MarkleBank
MetroBank
MEB Financial
Monroe Bank
Mutual Federal Savings Bank
National City Bank
Old National Bank
Owen Community Bank
Owen County State Bank
Pacesetter Bank
Peoples State Bank
People's Trust Company
Randolph County Bank
Regional Bank
Salin Bank & Trust Company
Spencer County Bank
Springs Valley Bank & Trust Company
STAR Financial Bank
State Bank of Oxford
Terre Haute Savings Bank
The Friendship State Bank
Union County National Bank
Union Federal Savings Bank
Union Planters Bank
United Fidelity Bank
Armed Forces Bank
Capital City Bank
Capitol Federal Savings
Central National Bank
Citizens Bank of Kansas
Citizens National Bank of Kansas
Citizens Savings & Loan Association, FSB
Columbian Bank & Trust Company
Commerce Bank and Trust
Community National Bank Topeka
Country Club Bank
Douglas County Bank
Emporia State Bank and Trust Company
Farmers & Merchants Bank of Colby
Earmers State Bank of Oakley
Federal Home Loan Bank of Topeka
Fidelity Bank
Fidelity State Bank & Trust Company
First National Bank (Goodland)
First National Bank (Hays)
First National Bank & Trust of St. John
First National Bank of Kansas
First Security Bank of Norton
First State Bank and Trust Company
Eort Riley National Bank
Grant County Bank
Home National Bank
Intrust Bank
Kansas State Bank
State Bank of Ottawa/Baldwin City
Kaw Valley State Bank
Lyons Federal Savings
MidAmerican Bank
Mutual Savings Association
New Farmers National Bank
Ottawa County Bank
Peoples Bank
Peoples Bank & Trust
Security State Bank
St. John National Bank
Sunflower Bank
Union State Bank
University National Bank
Valley State Bank
Kentucky
Bank of Jamestown
Bank of McCreary County
Bank One
Berea National Bank
Bowling Green Bank &Trust
Citizens National Bank& Trust
Citizens Union Bank
Cumberland Security Bank
Farmers Bank and TrustCompany
Farmers National Bank
First Capital Bank ofKentucky
First City Bank & Trust
First National Bank of Manchester
Heritage Community Bank
Home Federal Bank
Independence Bank
Kentucky Bank
Louisville Community Development Bank
Monticello Banking Company
Owensboro National Bank
Paducah Bank
Peoples Bank of Northern Kentucky
Republic Bank & TrustCompany
Shelby County Trust Bank
South Central Bank ofBarren County
Southern Deposit Bank
Springfield State Bank
Star Bank
The Bank - Oldham County
The Bankers' Bank
Union Planters Bank
US Access Bank
Louisiana
Bank of Erath
Bank of Louisiana
Bank of Montgomery
Bank of West Baton Rouge
Bank One
Cameron State Bank
Citizens Bank & Trust
Citizens National Bank
City Bank & TrustCompany
Exchange Bank & Trust Company
Fifth District Savings & Loan Association
Guaranty Savings and Homestead Association
Gulf Coast Bank & Trust Company
Hibernia National Bank
Iberia Bank
Iberville Bank
Liberty Bank
Merchants and Farmers Bank & Trust Company
Metaire Bank & Trust
MidSouth National Bank
Mutual Savings & Loan
Parish National Bank
Progressive Bank
Rayne State Bank
Red River Bank
Ruston Building and Loan Association
Security First National Bank
Teche Federal Savings Bank
Massachusetts
Asian American Bank & Trust Company
Auburndale Co-operative Bank
Bank Boston
Bank of Fall River
Banknorth Massachusetts
Bank of Western Massachusetts
Bay State Federal Bank
Benjamin Franklin Savings Bank
Beverly National Bank
Boston Private Bank & Trust Company
Brookline Savings Bank
Cambridge Savings Bank
Cambridgeport Bank
Canton Co-operative Bank
Cape Cod Bank and Trust Company
Cape Cod Cooperative Bank
Cape Cod Five Cents Savings Bank
Capital Crossing Bank
Central Cooperative Bank
Century Bank
Charter Bank
Chicopee Savings Bank
Citizens Bank
Citizens-Union Savings Bank
Clinton Savings Bank
Community Bank
Community National Bank
Compass Bank
Country Bank
Danvers Savings Bank
Dean Bank
Dedham Savings
East Boston Savings Bank
Eastern Bank
Easton Cooperative Bank
Enterprise Bank & Trust Company
Everett Co-operative Bank
Ealmouth Co-operative Bank
First Essex Bank
EirstFed America BankCorp Inc.
Flagship Bank
Fleet Bank
Gloucester Cooperative Bank
Greenfield Savings Bank
Haverhill Cooperative Bank
Hingham Institution for Savings
Hudson Savings Bank
Hyde Park Savings Bank
Investors Bank & Trust Company
Ipswich Co-operative Bank
IpswichBank
Lee Bank
Lenox Savings Bank
Lowell Co-operative Bank
Milford Federal Savings & Loan Assn
Mansfield Co-operative Bank
Marblehead Savings Bank
Marlborough Co-Operative Bank
Middlesex Savings Bank
Milford National Bank & Trust Company
Monson Savings Bank
Natick Federal Savings Bank
Nantucket Bank
Newburyport Five Cents Savings Bank
North Brookfield Savings Bank
Northern Bank and Trust Company
Northampton Cooperative Bank
Peoples Federal Savings Bank
People's Savings Bank
Plymouth Savings Bank
Revere Federal Savings
Rockland Trust
Roxbury Highland Bank of Jamaica Plain
Salem Five Cents Savings Bank
Saugus Co-operative Bank
Scituate Federal Savings
South Shore Savings Bank
State Street Bank
Stoneham Co-operative Bank
Stoneham Savings Bank
The Cooperative Bank
The Pittsfield Cooperative Bank
United Cooperative Bank
Wainwright Bank & Trust Company
Warren Bank
Watertown Savings Bank
Webster Five Cents Savings Bank
Wellesley Co-operative Bank
Westborough Savings Bank
Williamstown Savings Bank
Woronoco Savings Bank
1st Mariner Bank
Allfirst Bank
American Bank
Baltimore County Savings Bank
Baltimore Trust
Bank of Delmarva
Bank of Glen Burnie
Bank of Southern Maryland
Bay National Bank
Bay-Vanguard Federal Savings Bank
Bradford Federal Savings Bank
Calvert Bank
Calvin B. Taylor Bank
Carrollton Bank
Cecil Federal Savings Bank
Centreville National Bank of Maryland
Chesapeake Bank of Maryland
Chestertown Bank
Chevy Chase Bank
Columbia Bank
Community Bank of Tri-County
County Bank
County First Bank
Eastern Savings Bank
Enterprise Federal Savings Bank
Equitable Federal Savings Bank
FE & M Bank - Allegiance
Farmers & Mechanics National Bank
Farmers and Merchants Bank & Trust
FCNB Bank
Fidelity Bank
First Shore Federal S & L Assn
First Virginia Bank
Forest Hill Bank
Hagerstown Trust
Hebron Savings Bank
Home Federal Savings Bank
Homewood Federal Savings Bank
Industrial Bank
Key Bank and Trust
Leeds Federal Savings Bank
Madison & Bradford Federal S & L Assn
Maryland Bank and Trust Company
Mercantile Bankshares Corporation
NBRS Financial
OBA Bank
Patapsco Bank
Peoples Bank
Peoples Bank of Elkton
Presidential Savings Bank
Provident Bank of Maryland
Provident State Bank
Regal Bank
Sandy Spring National Bank
Sequoia Bank
Severn Savings Bank
Sparks Bank
St. Michaels Bank
Suburban Federal Savings Bank
Talbot Bank
Union National Bank
Washington Savings Bank
Westminster Bank
Wyman Park Federal S & L Assn
Maine
BankBoston
Bar Harbor Banking &Trust Company
Bath Savings Institution
Biddeford Savings Bank
Border Trust Company
Camden National Bank
First Citizens Bank
First National Bankof Bar Harbor
First National Bankof Damariscotta
Fleet Bank
Franklin Savings Bank
Katahdin Trust Company
Kennebec Savings Bank
Kennebunk Savings Bank
KeyBank
Machias Savings Bank
MBNA America Bank
Mechanics SavingsBank
Merrill MerchantsBank
Ocean National Bank
Peoples, a Div. of Banknorth, N.A.
Pepperell Trust Company
Union Trust Company
United Kingfield Bank
Michigan
1st Source Bank
Alden State Bank
Alliance Banking Company
Bank of Ann Arbor
Bank One
Bay Bank
Byron Bank
Capitol Bancorp Limited
Century Bank and Trust
Charlevoix State Bank
Charter Bank
Chelsea State Bank
Chemical Bank
ChoiceOne Bank
Citizens Bank
Comerica Bank
County National Bank
Crestmark Bank
Empire National Bank
Earmers State Bank
First Independence National Bank of Detroit
First National Bank of America
Farmers State Bank of Munith
First National Bank (Iron Mountain & Kingsford)
First National Bank of Gaylord
First National Bank of Negaunee
First National Bank of Three Rivers
First State Bank of EastDetroit
Flagstar Bank
Founders Trust Personal Bank
Franklin Bank
Grand Bank
Hastings City Bank
Honor State Bank
Huntington National Bank
Isabella Bank & Trust
Kalamazoo County State Bank
LaSalle Bank
Marshall Savings Bank
Metrobank
National City
Northern Michigan Bank
Oxford Bank
Peoples State Bank
Republic Bancorp - Republic Bank
Shelby State Bank
Shoreline Bank
Standard Federal Bank
Sterling Bank & Trust
Sturgis Bank & Trust Company
The State Bank
United Bank & Trust
United Bank of Michigan
University Bank
Wolverine Bank
Minnesota
Atwater State Bank
Bank of Elk River
CenBank
Cenex Finance Association
Central Bank
Community Bank Group
Community National Bank
Eastwood Bank
Excel Bank
Farmers State Bank of Madelia
First Farmers & Merchants National Bank
First Federal Bank
First Integrity Bank
First National Bank and Trust of Pipestone
First National Bank of ElkRiver
First National Bank of St.Peter
First National Bank of Walker
First State Bank of Bayport
First State Bank of Rosemount
First State Bank of Wyoming
Fortress Bank
Goodhue County National Bank
Grand Rapids State Bank
Heritage Bank
Lake Area Bank
Lakes State Bank
Liberty Savings Bank
Liberty State Bank
Midway National Bank of St. Paul
National City Bank of Minneapolis
Nicollet County Bank
Norwest Corporation
North Shore Bank of Commerce
Pine River State Bank
Premier Banks
Prior Lake State Bank
Queen City Federal Savings Bank
Red River State Bank
Republic Bank
Saint Anthony Park Bank
Security State Bank of Maple Lake
Security State Bank of Mankato
Stearns Bank
Sterling State Bank
U.S. Bank
Wells Federal Bank
Western Bank
Winona National and Savings Bank
Missouri
Allegiant Bank
Bank of Belton
Bank of Jacomo
Bank of Kirksville
Bank of Monticello
Bank of Versailles
Bank of Washington
Bannister Bank & Trust
Boone County National Bank
Callaway Bank
Cass Commercial Bank
CBC Bank
Central Bank (Jefferson City)
Central Bank (Lebanon-Conway)
Central Bank of Lake of the Ozarks
Century Bank of the Ozarks
Commerce Bank
Community State Bank
Concordia Bank
Country Club Bank
Empire Bank
Exchange Bank
Farmers and Merchants Bank of St. Clair
Farmers and Merchants Bankof Hale
First Federal Bank
First National Bank
First National Bank and Trust Company
First National Bank of Missouri
First National Bank of St. Louis
Heartland Bank
Heritage Bank of St. Joseph
Jefferson Bank of Missouri
Kearney Commercial Bank
Kearney Trust Company
Liberty Bank
Liberty Savings Bank F.S.B. Bank
Midwest Independent Bank
Neosho Savings and Loan Association
O'Bannon Bank
Ozark Bank
Ozark Mountain Bank
Peoples Bank
Premier Bank
Pulaski Bank
Ripley County State Bank
St. John's Bank and Trust
Stone County National Bank
The Bank of Salem
Third National Bank of Sedalia
UMB Bank
Union State Bank
Mississippi
Bancorp South
Bank of Commerce
Bank of Holly Springs
Bank of Winona
Bank of Yazoo City
Britton & Koontz First National Bank
Carthage Bank
Century Bank
Citizens Bank of Philadelphia
Cleveland State Bank
Copiah Bank
First Bank
First National Bank of Clarksdale
First National Bank of Picayune
First National Bank of South Mississippi
First Security Bank
Bank of Franklin
First State Bank
Hancock Bank
Lamar Bank
Merchants & Farmers Bank (Kosciusko)
Bank First Financial Services
Merchants & Marine Bank
National Commerce Bancorporation
Planters Bank and Trust Company
SouthTrust Bank
Trustmark National
Montana
American Bank Montana
American Federal Savings Bank
Big Sky Western Bank
Citizens State Bank
First Citizens Bank
First Interstate Bank
First Security Bank
Glacier Bank
Heritage Bank of Kalispell
Manhattan Bank
Pioneer Federal Savings & Loan Assn.
Ravalli County Bank
Rocky Mountain Bank
Ronan State Bank
State Bank & Trust Company
Stockman Bank
Western Bank of Wolf Point
Western Security Bank
Yellowstone Bank
Anson Bank & Trust
Ashe Federal Bank
Bank of America
Bank of Granite
Bank of Oakridge
Bank of Stanly
BB&T
Cabarrus Bank & Trust
Cardinal State Bank
Central Carolina Bank
Centura Bank
Coastal Federal
Cooperative Bank
Fidelity Bank
First BanCorp
First Charter
First Citizens Bank
First Commerce Bank
First Community Bank
First National Bank and Trust Company
First Trust MortgageCorporation
First Union Bank
Lexington State Bank (LSB)
Lincoln Bank
Macon Bank
Mechanics and Farmers Bank
NationsBank
NBC Bank
North Carolina Trust
Piedmont Bank
Roanoke Rapids Savings Bank
SouthTrust Bank
The Community Bank
Triangle Bank
Wachovia Bank
North Dakota
American Federal Bank
American State Bank and Trust Company
American State Bank and Trust of Dickinson
Bank Center First
Citizens State Bank - Midwest
Community First Bankshares, Inc.
Community National Bank of Grand Forks
Dacotah Bank
Drayton State Bank
First International Bank & Trust
First Southwest Bank
First State Bank (Buxton, Grand Forks, Thompson)
First State Bank of NorthDakota
Peoples State Bank of Westhope
The First and Farmers Bank
Union State Bank Fargo
United Community Bank of North Dakota
Union State Bank Fargo
United Community Bank of North Dakota
Nebraska
Adams Bank & Trust
Cass County Bank
Citizens National Bank of Wisner
City National Bank (Greeley)
City National Bank & Trust (Hastings)
Commercial Federal Bank
Cornhusker Bank
Enterprise Bank
Earm Credit Services of America
Farmer's Bank & Trust Co.
First Bank & Trust Company (Cozad
First National Bank
First National Bank of Holdrege
First National Bank of Minden
First National Bank of Valentine
First National Beatrice Bank & Trust Company
First Nebraska Bank
Fort Calhoun State Bank
Eremont National Bank & Trust Company
Great Western Bank
Jones National Bank & Trust Company
McCook National Bank
National Bank of Commerce
Omaha State Bank
Pender State Bank
Platte Valley State Bank & Trust Company
Plattsmouth State Bank
Sidney Federal Savings & Loan Assn.
State Bank of Hildreth
State Bank of Odell
The Cattle National Bank of Seward
Two Rivers State Bank
Union Bank & Trust Company
United Nebraska Bank
Western Nebraska National Bank
United Nebraska Bank
New Hampshire
Bow Mills Bank and Trust
Centrix Bank & Trust
Connecticut River Bank,N.A.
Federal Savings Bank - Dover
First Signature Bank & Trust
Fleet Bank
Franklin Savings Bank
Granite Bank
Laconia Savings Bank
Lake Sunapee Bank
Ledyard National Bank
Mascoma Savings Bank
Meredith Village Savings Bank
Pemigewasset National Bank
Piscataqua Savings Bank
Profile Bank, F.S.B.
St. Mary's Bank
Savings Bank of Walpole
Woodsville Guaranty Savings Bank
Savings Bank of Walpole
Woodsville Guaranty Savings Bank
New Jersey
Amboy National Bank
American Savings Bank of NJ
Bergen Commercial Bank
Boardwalk Bank
Boiling Springs Savings Bank
Bridge View Bank
Cape Savings Bank
City National Bank
Clifton Savings Bank
Columbia Savings Bank
Community Bank of Bergen County
Commerce Bank
Crest Savings Bank
Crown Bank
Delanco Federal Savings Bank
Equity Bank
First Savings Bank of Little Falls
First Savings Bank (Woodbridge)
First Union
Franklin Savings Bank
Freehold Savings & Loan Association
Great Falls Bank
Greater Community Bancorp
Harvest Community Bank
Hudson City Savings Bank
Kearny Federal Savings Bank
Lakeland Bank
Magyar Bank
Manasquan Savings Bank
Metropolitan State Bank
Millington Savings Bank
NJM Bank
NVE Savings Bank
Ocean First Bank
Provident Savings Bank
Pulaski Savings Bank
Rahway Savings Institution
Rock Community Bank
Roma Federal Savings Bank
S|_Bank & Trust
Skylands Community Bank
Sovereign Bank
Spencer Savings Bank
Sturdy Savings Bank
Sun National Bank
Synergy Bank
The Bank of Gloucester County
The Towne Center Bank
Trust Company Bank
Union Center National Bank
United National Bank
Valley National Bank
Woodstown National Bank and Trust Company
Yardville National Bank
New Mexico
AccessBank
Bank of New Mexico
Bank of the Rio Grande
Carlsbad National Bank
Centinel Bank of Taos
Century Bank
Citizens Bank of Clovis
Citizens Bank of Las Cruces
First National Bank of Santa Fe
Los Alamos National Bank
Mountain Community Bank
New Mexico Bank & Trust
Peoples Bank of Taos
Union Savings Bank
Union Savings Bank
Western Commerce Bank
New York
Adirondack Trust Company
Astoria Federal Savings
Atlas Savings & Loan Association
Ballston Spa National Bank
Banco do Brasil
Bank Audi USA
Bank of New York
Bridgehampton National Bank
Broadway National Bank
Brooklyn Federal Savings Bank
Brown Brothers Harriman& Company
BSB Bank & Trust
Canandaigua National Bankand Trust Company
Carver Federal Savings Bank
Cattaraugus County Bank
Central National Bank
CFS Bank
Chase Manhattan Bank
Citibank
Cohoes Savings Bank
Commercial Bank of New York
Commerzbank
Cross County Federal Savings Bank
Dime Savings Bank of Williamsburgh
Elmira Savings & Loan
Financial Federal Savings
First National Bank of Dryden
First National Bank of Jeffersonville
First National Bank of Northern New York
First National Bank of Scotia
First Tier Bank & Trust
Flatbush Federal Savings and Loan Association
Fleet Bank
Flushing Savings Bank
Geddes Federal Savings & Loan Association
Great Eastern Bank
Highland Falls Federal Savings
HSBC Bank USA
Hudson River Bank &Trust Co.
Independence Community Bank
Israel Discount Bank of NewYork
Jamaica Savings Bank, FSB
Lake Shore Savings
LBS Bank
Long Island Commercial Bank
M &T Bank
Marine Midland Bank
Maspeth Federal Savings
Monaco Bank of Trade Inc.
MTB Bank
National Bank of Geneva
National Bank of Stamford
NBT Bank, NA
North Country Savings Bank
North Fork Bank
Orange County Trust Company
Oswego County Savings Bank
Pavilion State Bank
Pioneer Savings Bank
Ponce de Leon Federal Savings Bank
Provident Bank
Queens County Savings Bank
Reliance Bancorp, Inc.
Republic National Bank of New York
Richmond County Savings Bank
Ridgewood Savings Bank
Rondout Savings Bank
Roslyn Savings Bank
SBU Bank
SI_Bank & Trust
Skaneateles Savings Bank
Sound Federal Savings and Loan Association
Standard Chartered
State Bank of India
State Bank of Long Island
Sterling National Bank
Steuben Trust Company
Stissing National Bank
Suffolk County National Bank
Tioga State Bank
Tompkins County Trust Company
Troy Savings Bank
Ulster Savings Bank
Union State Bank
Wallkill Valley Federal Savings & Loan Association
Warwick Savings Bank
Wilber National Bank
Wyoming County Bank
Yonkers Savings and Loan Association
Nevada
Bank of America
Bank of the West
Citibank
Community Bank of Nevada
First Independent Bank of Nevada
First National Bank of Nevada
Nevada State Bank
Silver State Bank
Sun West Bank
U.S. Bank
Valley Bank
Ohio
Advance Financial Savings Bank
American National Bank
Apple Creek Banking Co.
Bank One
Belmont National Bank
Champaign National Bank andTrust
Charter One Bank
Chippewa Valley Bank
Sky Bank
Sky Bank
Citizens Banking Company (Sandusky)
Citizens Federal Savings & Loan Assn.
Citizens National Bank
Citizens Federal Savings & Loan Assn.
Citizens National Bank (Urbana)
Commercial Bank
Consumers National Bank
Cornerstone Bank
Dollar Bank, FSB
Fairfield Federal Savings& Loan
Fairfield National Bank
Farmers and Savings Bank
Farmers National Bank
Federal Home Loan Bank of Cincinnati
Fifth Third Bank
First Community Bank
First Federal (Defiance)
First Federal Savings and Loan Association (Van Wert)
First Federal Savings Bank of Ironton
First-Knox National Bank
First Merit
First National Bank of Germantown
Fort Jennings State Bank
Franklin Savings
Greenville Federal Savings & Loan Assn.
Guernsey Bank
Heartland Bank
Hicksville Building, Loan& Savings Bank
Home Savings & Loan
Huntington Banks
Kenwood Savings Bank
Key Bank
Liberty National Bank
Liberty Savings Bank
Mercantile Savings Bank
Mercer Savings Bank
Metropolitan National Bank of Youngstown
Monitor Bank
National City
Monroe Federal Savings & Loan Assn.
NCB Savings Bank, FSB
North Akron Savings Bank
Northern Savings & Loan Company
Ohio Savings Bank
Park National Bank
Peoples Federal Savings and Loan Association of Massillon
Peoples Savings & Loan, West Liberty
Provident
Second National Bank (Greenville)
Second National Bank (Warren)
Sky Bank
Sky Financial Group
Star Bank
Sycamore National Bank
The Hicksville Bank
The Richwood Banking Company
Twin Valley Bank
Union Bank Company
United Bank
United Midwest Savings Bank
U.S. Bank
Valley Savings Bank
Wayne County National Bank
Wayne Savings Community Bank
WesBanco
American Bank & Trust
American Heritage Bank
American National Bank (Ardmore)
AmeriCares Bank
Arkansas Valley State Bank (Broken Arrow)
Arvest American National Bank
Arvest Bank
Arvest State Bank
BancFirst
Bank of the Panhandle
Bank of Oklahoma
Bank One
Canadian State Bank
Central National Bank of Alva
Citizens Bank & Trust Company (Ardmore
Citizens Bank of Ada
City National Bank & Trust Oklahoma
Coppermark Bank
Exchange Bank and Trust Company
F & M Bank, N.A.
F&M Bank & Trust Company
First Bank
First Bank & Trust Company (Duncan
First Bank & Trust Company (Perry)
First Bethany Bank &Trust
First Farmers National Bank
First Fidelity Bank
First National Bank & Trust Company (Ada)
First National Bank & Trust Company (Ardmore
First National Bank and Trust Company in Clinton
First National Bank and Trust Co. of Weatherford
First National Bank (Altus)
First National Bank in Durant
First National Bank of Midwest City
First National Bank of Nowata
First National Bank of Okmulgee
First Priority Bank
First United Bank
Grand Lake Bank
Lincoln National Bank
Mid First Bank
National Bank of Commerce
NBC Bank
Oklahoma State Bank
Payne County Bank
Pioneer Bank and Trust
Quail Creek Bank
RCB Bank
Republic Bank of Norman
Security National Bank& Trust
Shamrock Bancshares
Southwestern Bank &Trust Company
Spirit Bank
Stillwater National Bank and Trust Company
Sulphur Community Bank
Superior Federal Bank
The Stock Exchange Bank
UMB Bank
United Bank of Del City
WestStar Bank
Oregon
Bank of America
Bank of the Cascades
Bank of the West
Community First Bank
Evergreen Federal
First Consumers National Bank
Inland Empire Bank
Lincoln Security Bank
Oregon Pacific Banking Company
Pacific Continental Bank
Pacific State Bank
Security Bank Holding Company
US Bank
West Coast Bankcorp
Pennsylvania
1st Main Line Bank
1st Summit Bank
Abington Bank
Allegheny Valley Bank
Allfirst Bank
American Bank
Apollo Trust Company
Atlantic Central Bankers Bank
Bank of Hanover and Trust Company
Bank of Lancaster County
BankPittsburgh
Beneficial Savings Bank
Blue Ball National Bank
Bucktail Bank & Trust Company
Charleroi Federal Savings Bank
Central Pennsylvania Bank
Century National Bank & Trust Company
Chestnut Hill National Bank
Citizens & Northern Bank
Citizens National Bank of Evans City
Citizens National Bank of Southern Pennsylvania
Commercial National Bank of Pennsylvania
Commonwealth Bank
Community Bank
CoreStates Bank
County National Bank
Dollar Bank
Downington National Bank
Eagle National Bank
East Stroudsburg Savings Association
Elverson National Bank
Ephrata National Bank
Eureka Bank
Farmers First Bank
Fidelity Bank
Fidelity Deposit & Discount Bank
First Capitol Bank
First Citizens National Bank
First Commonwealth Bank
First Commonwealth Financial Corporation
First County Bank
First Federal Bank
First Federal of Bucks County
First Keystone Federal Savings Bank
First National Bank & Trust Company of Newton
First National Bank ofBerwick
First National Bank of Greencastle
First National Bank of Herminie
First National Bank of Leesport
First National Bank of Mercersburg
First National Bank of Port Allegany
First National Community Bank
First National Trust Bank
FirstService Bank
First Star Savings Bank
First Union
Firstrust Bank
ENB Bank, N.A.
Founders' Bank
Fulton Bank
Eulton Financial Corporation
Gratz National Bank
Great American Federal
Great Valley Bank
Harleysville National Bankand Trust Company
Harris Savings Bank
Honesdale National Bank Bank
Investment Savings Bank
Jim Thorpe National Bank
Keystone Financial
Keystone Savings Bank
LA Bank
Lafayette Ambassador Bank
Laurel Savings Bank
Laurel Bank
Lebanon Valley Farmers Bank
Legacy Bank
Luzerne National Bank
Mellon Bank
Mercer County State Bank
Merchants Bank of Pennsylvania
Merchants National Bank of Bangor
Merchants National Bank of Kittanning
Mifflinburg Bank & Trust
Muncy Bank & TrustCompany
National Bank of the North East
National Penn Bank
Nazareth National Bank
Northumberland National Bank
Omega Financial Corporation
Parkvale Bank
Patriot Bank
Pennsylvania Business Bank
Pennsylvania Capital Bank
Pennsylvania State Bank
Pennview Savings Bank
Peoples State Bank
Pioneer American Bank, N.A.
PNC Bank
Premier Bank
Prestige Bank
Promistar Bank
PSB - Peoples State Bank
Quakertown National Bank
Scottdale Bank &: Trust Co.
Somerset Trust Company
Southwest Bank
Sovereign Bank
Standard Bank, PaSB
Susquehanna Bancshares Bank
Swineford National Bank
Third Federal Savings Bank
Turbotville National Bank
Union National Bank
United Bank of Philadelphia
Vartan National Bank
Wayne Bank
Williamsport National Bank
WingspanBank.com
Woodlands Bank
Rhode Island
Bank Boston
Bank of Newport
Domestic Bank
Fleet Bank
Milford Federal Savings & Loan Assn
Newport Federal Savings Bank
The Washington Trust Company
Westerly Savings Bank
South Carolina
AgFirst Farm Credit Bank
American Federal Bank
Arthur State Bank
Bank of America
Bank of Anderson
Bank of Clarendon
Bank of Greeleyville
Bank of South Carolina
BB&T
Beach First National Bank
Carolina First Bank
Carolina State Bank
Centura Bank
Clemson Bank & Trust
Coastal Federal Bank
Farmers & Merchants Bank of South Carolina
First Citizens National Bank
First Federal of Charleston
South Carolina Bank and Trust
First National Bank of South Carolina
First Reliance Bank
First Savers Bank
First Trust Mortgage Corporation
First Union
Greenwood Bank & Trust
Lighthouse Community Bank
Liberty Savings Bank
Mutual Savings & Loan Association
Mutual Savings Bank
National Bank of South Carolina
Palmetto Bank
Palmetto State Bank
Pee Dee State Bank
People's Community Bank of South Carolina
Peoples Federal Savings & Loan Assn.
Peoples National Bank
Plantation Federal Savings Bank
Provident Community Bank
Security Federal Bank
South Carolina Bank and Trust
SouthTrust Bank
The County Bank
Trust Company of the South
Wachovia Bank
Pinnacle State Bank
Wachovia Bank
South Dakota
Andes State Bank
American State Bank
BankWest
Brookings Federal Bank
Community First Bankshares, Inc.
Dacotah Bank
Farmers State Bank (Marion)
First Midwest Bank
First National Bank in Brookings
First National Bank in Garretson
First National Bank in Sioux Falls
First State Bank of Sinai
Founders Trust National Bank
Home Federal Bank
Rushmore Bank & Trust
State Bank of Alcester
Valley Banks
Valley Banks - Community Trust
Tennessee
Athens Federal
Bank of Cleveland
Bank of America
Bank of Bartlett
Bank of Crockett
Bank of Dickson
Bank of Halls
Bank of Jackson
Bank of Ripley
Bank of Sharon
Bank Tennessee
Carroll Bank and Trust
Cavalry Banking
Commercial Bank & Trust Company
Citizens Bank
Citizens National Bank (Athens)
Citizens National Bank (Sevier)
Citizens Tri-County Bank
City State Bank
Cleveland Bank & Trust
Colonial Bank
EFS Federal Savings Bank
Enterprise National Bank
First American National Bank
First Central Bank
First Citizens National Bank
First Community Bank
First National Bank of Oneida
First State Bank
First Tennessee Bank
First Virginia Bank
Hardin County Bank
InSouth Bank
Legends Bank
NBC Bank
Security Bank
Security Federal Savings Bank
Sevier County Bank
SouthTrust Bank
Sun Trust Banks
Traders National Bank
Tri-State Bank of Memphis
Union Bank
Union Planters Bank
Weakley County
Abrams Centre National Bank
Alliance Bank
Amarillo National Bank
American Bank
American Bank of Commerce
American Bank of Texas
American National Bank (Wichita Falls)
American State Bank
Bank of America
Bank of Galveston
Bank of Texas
Bank of the West
Bank One
Bank United
BankDirect
Baytown State Bank
Bonham State Bank
Brady National Bank
Brenham National Bank
Broadway National Bank
Caldwell National Bank
Canyon Creek National Bank
Central National Bank (Waco)
Citizens Bank & Trust Company
Citizens National Bank (Brownwood)
Citizens National Bank (Fort Worth)
Citizens National Bank (Henderson)
Citizens National Bank (Waxahachie
Citizens State Bank of Somerville
City National Bank (Kilgore)
City National Bank
City State Bank of Palacios
Clear Lake National Bank
Coastal Banc
Colonial Savings
Commercial National Bank of Texarkana
Community Bank & Trust
Compass Bank
CompuBank
Coppermark Bank
Del Rio National Bank
Eagle Bank
Eisenhower National Bank
Elgin Bank
Earm Credit Bank of Texas
Federal Home Loan Bank of Dallas
First American Bank Texas
First Bank (Azle)
First Bank & Trust of East Texas
Eirst Capital Bank
Eirst Capital Bank
First Community Bank (Houston)
First Convenience Bank
First-Lockhart National Bank
First National Bank of Athens
First National Bank in Cameron
First National Bank in Port Lavaca
First National Bank of Abilene
First National Bank of Anson
First National Bank of Beeville
First National Bank of Bellaire
First National Bank of Jacksboro
First National Bank of La Grange
First National Bank of Mineola
First National Bank of San Benito
First National Bank of Sudan
First National Bank of Texas
First National Bank of Trenton
First National Bank of Wichita Falls
First National Bank Texas
First Savings Bank
First State Bank (Happy)
First State Bank (Stratford)
First State Bank ofLivingston
First Texas Bank
First United Bank ofDimmitt
First USA
First Victoria National Bank
Fort Hood National Bank
Franklin Bank
Fredonia State Bank
Friona State Bank
Frost Bank
Gateway National Bank
Graham Savings & Loan
Heritage National Bank
Interstate Bank
Jefferson State Bank
Kleberg Bank
Landmark Bank
Laredo National Bank
League City Bank &Trust
Longview Bank & Trust
Main Bank
Mainland Bank
Mansfield Community Bank |
Marble Falls National Bank
MetroBank
Moody National Bank
National Bank
NBC of Texas
North Dallas Bank & Trust
Norwest Online
Orange Savings Bank
Perryton National Bank
PNB Financial
Point Bank
Schwertner State Bank
Schertz Bank & Trust
Security Bank
Security Bank Garland
Security State Bank
Share Plus Federal Bank
Southwest Bank
Southwest Bank of Texas
Star Bank of Texas
State Bank - La Grange
State Bank & Trust
State Bank of Texas
State National Ban k offexas
State National Bank of West Texas
Stephenville Bank &Trust Company
Summit Bancshares, Inc.
Summit National Bank
Synergy Bank
Texas Bank (Brownwood)
Texas Bank (Weatherford)
Texas Capital Bank
Texas Community Bank & Trust
Texas First Bank
Texas Gulf Bank
Texas National Bank
Texas State Bank (San Angelo)
The Bank & Trust
The Bank of Texas
ValueBank Texas
Woodcreek Bank
Woodforest National Bank
Woodcreek Bank
Woodforest National Bank
Utah
Bank of Utah
Bank One
Barnes Banking Company
Central Bank
Far West Bank
First Security Bank
First Utah Bank
Home Credit Bank
Lewiston State Bank
State Bank of Southern Utah
Zions First National Bank
Virginia
Acacia Federal Savings Bank
Access National Bank
Bank of Botetourt
Bank of Clarke County
Bank of Essex
Bank of Hampton Roads
Hanover Bank
Bank of Southside Virginia
Bank of Tazewell County
Bank of the Commonwealth
Bank of Williamsburg
BB&T
Benchmark Community Bank
Blue Grass Valley Bank
Cardinal Bank
Central Virginia Bank
Centura Bank
Chesapeake Bank
Citibank
Commonwealth Community Bank
Community Bank
Community Bank of Northern Virginia
E & M Bank - Peoples
First Citizens Bank
First Community Bank
First National Bank ofChristiansburg
First Virginia Bank
Fredericksburg Savings Bank
Guaranty Bank
Highlands Union Bank
Lee Bank & Trust Company
Miners & Merchants Bank& Trust Company
Monarch Bank
National Bank of Blacksburg
NBC Bank
New Peoples Bank
Northern Neck State Bank
Old Point National Bank
Planters Bank & Trust Company of Virginia
Rappahannock National Bank
Resource Bank
Rockingham Heritage Bank
Shore Bank
Southside Bank
The Fauquier Bank
The Middleburg Bank
Union Bank & Trust Company
Vermont
Chittenden Bank
Citizen's Savings Bank & Trust Company
Community National Bank
Connecticut River Bank
Factory Point National Bank
Lyndonville Savings Bank
Merchants Bank
Northfield Savings Bank
Washington
Anchor Savings Bank
Bank of America
Bank of Clark County
Bank of the West
Bank of Whitman
Banner Bank
Cascade Bank
Columbia Bank
HomeStreet Bank
EvergreenBank
Federal Home Loan Bank of Seattle
First Federal Savings of Port Angeles
First Mutual Bank
Heritage Bank
Islanders Bank
North Sound Bank
Northwest Farm CreditServices
Northwest International Bank
Pacific Northwest Bank
Pend Oreille Bank
Phoenix Savings Bank
Rainier Pacific
Riverview Community Bank
Seattle Savings Bank
Security State Bank
The Commerce Bank ofWashington
Today's Bank
U.S. Bank
Washington State Bank
Washington Trust Bank
Westsound Bank
Yakima Federal Savings & Loan Assn.
Wisconsin
Abbotsford State Bank
Amcore Bank
American Community Bank
American National Bank
AnchorBank
Associated Bank
Bank of Lake Mills
Bank of New Richmond
Bank of Prairie du Sac
Bank of Wisconsin Dells
Bankers’ Bank
Cornerstone Community Bank
Baraboo National Bank
Baylake Bank
Black River County Bank
Cambridge State Bank
Citizens State Bank ofLoyal
Community Business Bank
Community First Bank
Community State Bank
Cornerstone Community Bank
DMB Community Bank
East Dubuque Savings Bank
F&M Bank
Farmers & Merchants Bank & Trust
Farmers Savings Bank
First Bank & Trust
First Banking Center
First Citizens State Bank
First Community Bank (Milton)
First Federal Savings Bank
First National Bank (Manitowoc)
First National Bank of Baldwin
First National Bank of Hartford
First National Bank of Hudson
First National Bank of Waupaca
First National Bank of New Richmond
First National Bank of River Falls
First Northern Savings Bank
Firstar Bank
Fortress Bank
Fox Valley Savings Bank
Guaranty Bank
Great Midwest Bank
Green Lake State Bank
Greenwood's State Bank
Hiawatha National Bank
Home Savings Bank
Hometown Bank
Ixonia State Bank
Jackson County Bank
Johnson Bank
M&l Bank
Maritime Savings Bank
Markesan State Bank
McFarland State Bank
Mid-Wisconsin Bank
Monona State Bank
Monona State Bank
Mutual Savings Bank
Park Bank
Peoples State Bank (Prairie du Chien)
PremierBank
River Falls State Bank
State Bank of Cross Plains
State Bank of Drummond
State Bank of Florence
State Bank of Howards Grove
State Bank of Viroqua
Stephenson National Bank & Trust
The Bank of New Glarus
The National Bank of Waupun
The Peoples State Bank (Mazomanie)
Walworth State Bank
Wauwatosa Savings Bank
Wisconsin Community Bank
Wood County National Bank
West Virginia
Advance Financial Savings Bank
Bank of America
Bank of Mingo
Bank One
Belington Bank
Belmont National Bank
Bruceton Bank
Capital State Bank
Capon Valley Bank
Citizens Bank of Morgantown
Citizens National Bank (Elkins)
City National Bank
Davis Trust Company
First Century Bank
First Community Bank
First Exchange Bank
First National Bank (Ronceverte)
Hancock County Savings Bank
Huntington Bancshares, Inc.
Huntington Federal Savings Bank
OneValley Bank
Pendleton County Bank
South Branch ValleyNational Bank
United National Bank
WesBanco
Wyoming
American National Bank
Bank of Jackson Hole
First Interstate Bank
First Federal Savings Bank
First National Bank & Trust of Powell
First National Bank of Wyoming
First Security Bank
Hilltop National Bank
Jackson State Bank
Norwest
Oregon Trail Bank
Security State Bank
Shoshone First Bank
Tri-County Bank
Wyoming Bank & Trust