Business Credit Cards That Pull Equifax Only

Finding business credit cards that pull Equifax only isn’t impossible. However, you will find that many cards pull from other personal credit bureaus alongside Equifax. There are almost always exceptions to the rule.

Institutions that are known to pull from Equifax only include Truist Bank and Langley FCU. If your Equifax credit report is strongest, consider these two. Cards that typically pull from Equifax but may include exceptions include:

• Digital Credit Union, which almost always pulls Equifax by itself. However, those in NJ may also find their TransUnion score getting pulled for a business credit card.
• Citizens Bank, which is the same as DCU, but those in NY may have to worry about getting their TransUnion scores pulled for a business credit card.
• Citi, which we felt was worth mentioning here. They often pull from both Equifax and Experian when assessing your application. However, they also report to Dun & Bradstreet once you start using your card.

This is always subject to change, as are most things with business credit cards. Take care to do your research with each credit card company you want to apply to. See if you can circumvent tri-bureau or bi-bureau pulls before you apply for any business credit cards.

What to Do If You Have Good Credit with Only One of the Credit Bureaus

Having a good credit score with only one personal credit bureau could be indicative of one of two things:

1. There are errors on one credit report that aren’t showing up on other credit reports.
2. Certain credit information is getting reported to some credit bureaus but is being left out of others. This can happen when some companies report to only one credit reporting agency.

The former requires you to keep track of your credit report across all three bureaus.

Take care to check your free credit report annually to identify payment discrepancies in your credit history, falsely reported late payments, incorrect debt info, or even credit accounts and purchases that aren’t yours.

If there is anything that stands out as incorrect, you can reach out to the personal credit bureaus to fix it. Keeping track of your personal credit score will help you notice discrepancies as well.

If the problem falls into the latter category, the only thing you can do is work on your credit.

Pay bills on time to maintain positive payment history, keep your credit utilization low, and don’t inundate yourself with credit solutions you aren’t able to manage successfully. Your credit score will rise over time.

This will improve your chances of guaranteed business credit card approval.

How to Get a Business Credit Card without Personal Credit

The point of applying for a card that pulls Equifax only is to leverage your best score. It’s also a great way to make sure your other scores aren’t affected by hard pulls.

But what if you could avoid having to use personal credit altogether? It is possible.

Most traditional business credit cards are going to pull personal credit. Banks will generally require a personal credit check and a personal guarantee when applying. This is true for any of the best credit cards out there.

The only ones who can get around this are large businesses with extensive credit history and sizeable revenue.

However, other cards will allow you to apply with your EIN only. These include alternative credit solutions like corporate cards and fleet cards.

Applying with your EIN guarantees that your business credit is the only thing being considered on your application.

Granted, your choices of credit card issuers may be relatively limited at first. Some cards come with additional eligibility requirements you might not qualify for right out of the gate.

Still, focusing on business credit card EIN only options will allow you to get a new credit card without personal credit.

Build Business Credit to Get Around Bad Personal Credit

Here are a few helpful tips on boosting your business credit score effectively.

• Get a DUNS Number: D&B is the top business credit bureau. As such, having a DUNS number is a must. Many credit applications will ask for this number. You can get your DUNS number from D&B in around 30 days for free. You can also pay a small fee to expedite the process.
• Use Vendor Tradelines to Build Credit: Vendor tradelines help you build credit when you purchase goods from vendors with net 30, 60, or 90 terms. There are plenty of vendors that are easy to qualify for as a small business owner. Just make sure that they report before you fill out an application. Some net 30 vendors offer the terms but don’t report purchases. The same advice goes for any credit solution, including secured business credit cards that report to D&B.
• Seek Out Credit Solutions Designed for Your Business: Many organizations understand that it can be difficult for a small business owner starting out. That’s why you should seek out credit solutions like a business credit builder card to get started. These solutions are designed around your business’s needs and current limitations. As you grow your credit, you can then seek out more traditional options.
• Pay On-Time Always, Earlier When Possible: As with personal credit, pay your bills on time to avoid any hits to your credit. If you can pay earlier, especially your vendor bills, do so!

Use FairFigure to Build Business Credit

Looking to fund your business without having to use personal credit? Start here with FairFigure!

The FairFigure Capital Card is an EIN-only business card. We require no personal guarantee or extensive paperwork to get started.

So long as you’ve been in business for at least three months and your small business is making $2,500 or more each month, you can start building business credit and funding your business with ease.

Funding is based on revenue, and we report to Equifax, CreditSafe, the SBFE, and our Foundation Report.

Sign up with FairFigure today to build business credit without having to rely on personal credit.