The perception lenders, vendors, and creditors have of your business is critical to your ability to build strong business credit. This perception is why we highly recommend that you have a business phone number listed under 411, and even an “800” number. These items are important components of building your business credit and boosting the perception of your business.
You must have a dedicated business phone number that is listed with 411 directory assistance, under the business name. Do not use your home number or a cell number. Lenders, vendors, creditors, and even insurance providers will verify that your business is listed with 411. A toll-free number will give your business credibility, but you must have a LOCAL business number for the listing with 411 directory assistance.
Compliance Item – Business Phone Number
Whether you’re applying for financing with a lender or net credit terms with a vendor, providing a cell or home phone number as your main business line could get you “flagged” as an unestablished business that is too high of a risk. This means we DON’T recommend giving a personal cell phone or residential phone as the business phone number (Note: you can forward a virtual number to any phone number, see the information in the box above)
Compliance Item – Business Number in National 411 Directory