Step 13. Working With Dun & Bradstreet

The D-U-N-S® Number is one of the defining features for Dun & Bradstreet. You’ll need to obtain this number, regardless of whether or not you have a current file with the agency.

What is Dun & Bradstreet?

This agency is one of the most important organizations in the business credit industry, so when you build your credit, working with Dun & Bradstreet is essential. D&B’s reporting system complies with most reporting data found on term from vendors, suppliers, and loan providers. Working through Dun & Bradstreet is one of the fastest ways to build a foundation of company credit, and the first phase is obtaining your D-U-N-S® Number. A D-U-N-S® Number is a most commonly used number for identifying companies in America. Your D-U-N-S® Number will be linked to your business’s credit report and will be essential for enabling your company to obtain and build credit.



  • To Do 1 – Find Your Business on Dun & Bradstreet

    The very first thing you need to do is find your business listing with Dun & Bradstreet. Conduct a search on their website to see whether or not your business is currently listed with the agency. If you do not find your business listing in the D&B database get a D-U-N-S® Number as soon as possible. If you find your company, sign-up for Credit Signal to have free access to changes made to your D&B credit scores and various ratings. When you use the credit signal, you’ll know right away if your business’s credit score has been changed in any fashion. This can be important information for helping you monitor your credit and make smart decisions with lenders and suppliers.

    View Sample Dun & Bradstreet Report

     



  • To Do 2 – Signup for CreditSignal

    Use CreditSignal to sign up for their alert services and receive monthly credit summaries.
    You can also review your Dun & Bradstreet profile and get a report on your credit at any time, with no additional costs.
    When you find your D&B profile, immediately sign up for their iUpdate, which is a free app that you can use online to check the most up-to-date information on your business credit profile. This easy-to-use app gives you the ability to review and update your profile whenever you like. It’s completely free and available 24 hours a day, making it one of the most important apps you can have on your phone or mobile device. Like everything with D&B, you’ll need your D-U-N-S® Number to access the iUpdate app.  You can register with iUpdate using this convenient link.



  • To Do 3 – Get A D-U-N-S® Number What to Do When You Don’t Find Your Company on D&B

    So what should you do if you have searched the Dun & Bradstreet database and not found your business profile? If your company does not show up, you can get a D-U-N-S® Number as soon as possible by using this link. It takes about half a minute and is completely free of charge. You will, however, need your SIC code. If you don’t already have your SIC code, you can get it though the NAICS Association website. Scroll to the bottom and use the “Search SIC Codes by Industry” to get your SIC code.

    There are other options for getting your D-U-N-S® Number. This includes:
    DUNSFile™: With DUNSFile™, you will have a D-U-N-S® Number for your business profile in less than five days. You’ll also have a basic Dun & Bradstreet credit file created for your business

    Click here to look up your business with D&B

    Small Business Starter: This system will also help you get a D-U-N-S® Number is less than five business days, as well as the basic credit file for your business. There are differences, however. With the Small Business Starter, your business will have a premium profile in the D&B Credibility Review™ directory, as well as a badge that can be legally displayed on your website. This not only helps in the promotion of your business, it can also boost your search engine rankings.

    CreditBuilder Plus™:
    If you need to have your D-U-N-S® Number right away, but your business already has existing tradelines that need to be added to your D&B file, you are a perfect candidate for CreditBuilder Plus™. If you do not have trade references to cite, then you will not need to have CreditBuilder Plus™. While you’re at it, be sure to check all of your trade references for eligibility before you make a purchase with CreditBuilder Plus™. You can always set accounts and start purchasing later. You can do this with any reporting vendors that are listed in BizCredit Builder’s ( Step 20, Apply for Vendor Accounts ), assuming you do not have existing trade references that need to be cited.

    As of now, it’s essential that you have a D-U-N-S® Number for your business. Keep an active profile before setting up your account, and make purchases with reporting vendors that are listed in the BizCredit Builder Wizard Step 20.

    Note:
    For the D&B signup, there is a toll-free number listed, but you should NOT call that number. Instead, activate your D-U-N-S® Number online, which will allow you to avoid aggressive and pushy sales tactics. When you complete your profile, you’ll likely get a call from a D&B representative stating that your profile is incomplete because no trade references are reporting to your file. Don’t worry about that for now, because in Step 20 you will learn to acquire credit from vendors that report to D&B, as well as other agencies. It only takes three trade lines to generate a score with D&B Paydex.

    1. To look up your D-U-N-S® Number:  CLICK HERE

    2. How Do I Dispute Payments Reported: CLICK HERE

    3. How Do I Submit Trade ReferencesCLICK HERE

     

To Do List To Complete In This Step

1. Conduct a search on D&B’s database for your business profile

2. If your business is found, sign up for both CreditSignal™ and iUpdate.

3. If your business profile is NOT found, sign up for a D-U-N-S® Number immediately.

D-U-N-S® Number
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