Introducing the FairFigure Card - A True “EIN-Only” Business Credit Builder Card

FairFigure is for any business in the United States who is looking to get funded. If you’re brand new or established our Foundation Report provides tri-bureau Commercial Monitoring and Score Boosting.

If your business has just started to pick up, and you’ve been around for 3 months or more and have at least $2,500 in deposits, you can apply for the FairFigure Capital Card to supercharge your scores and get funded today. Already doing $5,000+ a month? We have even more funding options available to you using just your EIN.

Our Business Credit Program utilizes your EIN only. For KYC (Know Your Customer) and AML (Anti-Money Laundering) we are required to collect certain information about you to prevent terrorism and fraud. This includes your SSN and Home Address.

This information is not used for funding decisions and will not impact your personal credit scores.

Neither. We analyze your business data and generate offers based on what we expect your future revenue to be. These deposits are purchased by us at a discounted rate, and funded to your FairFigure Capital Debit Card.

What does this mean for you? No personal credit checks, no personal guarantees, and no confusing payments or APRs. You select the payback terms that work best for you, we fund the full amount to your card for use today, and we report your payments to the bureaus boosting your business credit scores.

FairFigure allows you to check your business credit scores with Dun & Bradstreet, CreditSafe, and Equifax. FairFigure reports to Equifax Commercial, CreditSafe USA, SBFE, as well as our own Foundation Report. We’ve selected these data providers based on our extensive research and development into what lenders are looking for. Our data rubric was based on data accuracy & vendor adoption.

What this means for you is that our #1 goal is to get your business funded with the best data possible.

Your business data is safe with FairFigure.

Secure Analysis: We use Plaid for secure read-only access to your financial data. Your login information is never exposed.

Data Protection: We don't store private personal information. Our data center is PCI-compliant and certified for maximum security.

Getting as many vendor tradelines and financial tradelines to report to business credit bureaus as possible is one of the quickest ways for small business owners to raise their business credit score.

For example, purchasing business products from a vendor like Staples Business Advantage with net 30 trade credit terms gives a small business owner 30 days to pay their invoice. As long as you maintain a positive payment history by making each monthly payment on time, this should help increase your business credit score quickly and achieve good business credit.

In most cases, you can expect to see a tangible improvement to your business credit report within 15-45 days. Just note that it typically takes at least 5-10 vendor or financial tradelines to get the ball rolling.

Therefore, small business owners will need to get several tradelines to improve their credit history, with the more, the better.

Also, it’s crucial that any vendors or financial tradelines you partner with report to at least one major business credit reporting agency. However, if they report to two or more, that’s even better.

Besides that, you’ll want to follow best practices, including:

- Opening an online banking account for your business to separate your business finances and personal savings account - Getting an EIN - Minimizing credit utilization, just like you would with a personal credit card

By striving to improve your business credit history, this paves the way for additional financing opportunities for more cash flow and a larger credit limit in the future.

Also, small business owners can raise their business credit score by using business credit cards that report to business credit bureaus, which brings us to our final section.

Yes, you can raise your business credit score by using a business credit card. But there’s a caveat.

Not all business credit cards report to the business credit bureaus, and many credit cards report to the personal credit bureaus.

If you use these types of business credit cards, it won’t have any positive impact on your business credit score. And if there are any issues like delinquency or late payment with credit cards that are reported to the personal credit bureaus, it will hurt your personal credit history.

That’s why you only want to use business cards that report to the business credit bureaus but not to personal bureaus. These kinds of business credit cards allow you to raise your business credit score without risking your personal credit.

When used responsibly, these credit cards not only supply you with more cash flow but can help you overcome bad credit and increase your chances of qualifying for better future financing opportunities. For instance, it should be easier to find other business credit cards with no annual fee, low interest, and robust rewards.

Note that very few business cards offer this, but one that does is the FairFigure Capital Card. It’s one of the more unique options that’s ideal for generating more cash flow while simultaneously building business credit.

While other business cards report to business credit bureaus like the Capital on Tap Business Credit Card and some by Mastercard International Incorporated, these also report to personal credit bureaus, which isn’t ideal.

So if you’re looking for arguably the best business credit card for building business credit on the market without having to deal with personal credit reporting, FairFigure is an excellent choice and has no annual fee.