Our Brochure
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut
Tradelines / Authorized Users
Authorizes Users are tradelines of our Good Credit Partners. Each credit card has anywhere from 5 to 10 Authorized User spots, where the card holder can add individuals to the card history. Once they have been added to the card the history will show up on the credit profiles of the added user. Typically if we add you to 3 cards we can see a 100 plus point jump to your profile.
Primary Tradeline are a great way to get more money for business expenses. These lines of credit are typically held for several years, and can help you finance your needs over time. There are two types of tradelines: seasoned and non-seasoned. The latter is the most common.
If you haven’t opened an account yet, you should do so right away. Tradelines can be used for personal and business needs, and you should choose the type that suits you best.
Business Tradelines – also known as trade references or trade information – are accounts that appear on business credit reports.
Personal credit reports may include tradelines for personal credit cards, loans, and lines of credit. There are two types of business tradelines on credit reports: financial tradelines and vendor tradelines.
The financial tradelines of your company are those reported by a bank, credit union, or financial institution. Financial tradelines outline your company’s history of obtaining and repaying (or missing payments on) financial products such as a business credit card, loan, lease, or line of credit.
Additionally, business credit reports can include vendor tradelines. Tradelines are also known as merchant, corporate, or supplier tradelines. Vendor tradelines are the net payment accounts you may have with vendors and suppliers.
As an example, if you open a net-30 account with a vendor, you have 30 days to pay an invoice. The credit report of your company may show how much credit you used and whether you made your payments on time or late.
- Obtaining funding improves your credibility
- It gets easier to hire fresh employees
- Assists in the investigation of referrals
- Following the rules
- Keeping track of fixed and variable costs