Unsecured and secured business loans, venture capital and business financing
Do I need a Dun and Bradstreet (D&B) report to get a business loan?
businessloans | 17 April, 2009 10:43
Answer: Yes!, Due to the US Patriot Act and “post 9-11” legislation to avoid illegal business activity, terrorism, loan fraud and money laundering, lenders are now required to verify information on the business entity and principals applying for financing. If you do not have a D&B report and a DUNS number we highly recommend that we do this report for you to place you in the best possible position for financing as D&B is not in business to assist you with financing. They merely collect information on companies that they sell to outside banks and other subscribers. It is simply not in their best interest to see you obtain financing and it takes expert assistance to form a high quality report before loan applications are submitted. If you submit a loan application without a “ DUNS” report as it is known or one which is incorrect or adverse to your business you will probably be declined by the lender.
As always, the business loan experts at GFS Business stand ready to assist you in securing business financing.
Business Loans |
Next |
Trackbacks (0)
Menu
Search
Calendar
| « | February 2010 | » | ||||
|---|---|---|---|---|---|---|
| Su | Mo | Tu | We | Th | Fr | Sa |
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 7 | 8 | 9 | 10 | 11 | 12 | 13 |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 |
| 28 | ||||||
Recently...
- What is an SBA or Small Business Association loan?
- Can I get a government grant that I do not have to repay instead of a business loan?
- How long does it take to get a business loan?
- Can anyone guarantee me a business loan or line of credit?
- How do I obtain creditor information on my Dun and Bradstreet Report if D&B will not provide it?
- Why should I incorporate or form an LLC?
- Do I need a Dun and Bradstreet (D&B) report to get a business loan?