FairFigure Lift – The Business Credit Builder Account You’ve Been Waiting For

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.

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.