So I started my LLC in 12/2011 and got a HD ($3200) and Lowes($1000) business cards. The only other business card I appd for was cap1 sparks card but was denied. I got my DnB set up and listed my business in every 411 and directory I could about a month ago. So I appd for a US Bank business and citi business card like 2 months ago but said I was denied. Here yesterday I logged into my US Bank account online and under my accounts is a $1000 business cc! Not sure how this happened but I am definitely excited. I've ran up personal cards paying for materials for jobs and my personal credit score has taken a huge hit because of utilization. Hopefully I can get acouple more business cards to actually use my business cards for business and personal for personal. Just thought I would post my outcome. Also my person cs is around 620 cuz util but I have no lates or negs.
What industry is your business in? I would giess some form of construction if you have both a Lowes' and a Home Depot card? Have you any fuel or fleet cards? Usually gas cards and their ilk are thought of as steeping stones for everything credit wise.
I buy rental property and rehab. I buy them to keep as investments but I know alot of investors too. So I end up putting tenants in and having ppl wanting to buy them. I actually got a ford XLT F150 and a 14ft enclosed trailer for my bussiness but I haven't appd for gas cards. I def need them. Whats the easiest to get? I was thinking of shell but have no shell stations around.
Just keep in mind, US Bank does sue anyone who defaults, and they will try to get their money at a bk hearing. I'm not implying anything about the OP, just something I know from long experience on the board.
I don't know about others, but I just plan on any creditor who gets screwed over to try and get money by any means. Hell I would to. That's just me
When I worked for a large medical device manufacturer, I had a corporate US Bank card with a $50k limit. I know your situation is different but I would still suggest exploring a CLI with US Bank since they clearly have no problem going higher for card users that have variable purchasing. I remember having to explain to them that I occasionally had to buy 40-ton air handling units in the middle of the night and that the card wasn't just for purchasing office supplies. They were quite understanding. If they're willing to bump you up a bit, that might hold you until you can pick the right time to apply for additional lines of credit. Just a thought. Best of luck.
Fleet cards like a Jiffy Lube or a Pepboys are what I have plus a WAWA fleet Universal card. All are from Wright Express and it may take a bit to get more than one. They made me throw a grand deposit for a year on the Pepboys card after having a WAWA Universal for 5k and a Jiffy Lube for $750. Supposdly they also have a Gulf and Lukoil/Getty in their offerings.
Citi also gave me some cards like a Shell, followed by a Sunoco, and finally a Exxon Mobil.
Fleetcor also gave me a BP Fleet and a Citgo Fleet card.
Which ones are in your area?