Do you have a DUNS Number?

The Data Universal Numbering System (DUNS)is a business identifier code provided by Dun and Bradstreet. This business identifier code was developed in 1963 to support Dun and Bradstreet’s credit reporting practices.

Today the DUNS number is widely used to identify businesses for issuing new credit. It is also used by the European Commission, United Nations, and the United States government. More than 50 global, industry, and trade associations recognize, recommend, or require

DUNS. The DUNS database now contains over 100 million entries for businesses throughout the world.

The DUNS number is a nine-digit number issued by Dun and Bradstreet assigned to each business in the D&B. The DUNS number is a randomly assigned number used to identify the business.

Unlike the national Employment Identification Number (EIN), a DUNS number may be issued to any business worldwide. Certain U.S. government agencies require that a vendor have a DUNS number as well as a U.S. Employer Identification Number (EIN).

The Office of Management and Budget, a United States federal agency, announced in the June 27, 2003 issue of the Federal Register (68 FR 38402) that a DUNS number would be required for all grant applicants for new or renewal awards submitted on or after October 1, 2003.

Other agencies such as some United Nations offices and the Australian government agencies require certain businesses to have a DUNS number. A DUNS number is also a way in which separate corporate entities, having no official relationship, can be branded as one by sharing one DUNS number among the affiliated companies.

A DUNS number is sometimes formatted with embedded dashes to promote readability. Numerous other business numbering systems exist independent of DUNS — for example, the International Suppliers Network system. However, few, if any, register as many international businesses as DUNS.

Dun and Bradstreet’s unique DUNS number is the most widely used worldwide method of identifying businesses.

IMPORTANT: Just because you have a DUNS number for your business, does NOT mean you have business credit established!

Call us today to start the process of getting your DUNS number, establishing business with all three of the major business credit reporting agencies, and getting approved for $50,000 in business credit this year with no personal guarantee and regardless of your personal credit quality.

Expert Credit Consultants, LLC specializes in establishing business credit and funding using our exclusive Business Credit and Financing Suite as well as consumer credit restoration and optimization. www.ExpertCreditConsultants.com.

Why You Should Monitor Your “Business Credit” Regularly

Your business credit report paints a picture of your business for the world to see. Outdated or incorrect information can give the wrong impression about your business, resulting in unfavorable decisions that can negatively impact your bottom line. Where do they get this information?  From several places – ie. every time you complete an application, as well as from public records.

Business credit reports, like personal credit reports, need to be reviewed regularly for accuracy, especially for growing small businesses that evolve with time. Finding and correcting outdated information may increase your business credit score. But before you can start cleaning up your report, you need to find out what's in it.

No matter what the season, it is essential that growing small businesses check their business credit reports frequently for changes.

The Business Credit and Finance Suite is the only system in the world where clients can access their business credit reports in real time all in one place. Clients can access their Equifax, Experian, and Dun and Bradstreet credit reports right through our system so they can monitor their business credit building live as it is happening.

Our Funding Suite is also the only place where Experian gives clients access to their Experian Smart Business credit for FREE. Clients can track their pertinent Experian data at no cost through the entire business credit building process. Client are also able to track their Dun & Bradstreet accounts through our system in real time. We show you how to get a free DUNS number and get it activated. If you call D&B, they will try to charge you for this.

Our Funding Suite is the only business credit building system in the world that all three business credit reporting agencies partner with as a valuable benefit to our clients. This means when it comes to business credit, this system is possibly the most credible in the world.

Expert Credit Consultants, LLC specializes in establishing business credit and funding using our exclusive Business Credit and Financing Suite as well as consumer credit restoration and optimization. www.ExpertCreditConsultants.com.