Has anyone done this to get business credit in lieu of Heloc?

[Lane Kawaoka]

Business credit does not use personal credit

Uses your Business EIN

1) Set up a business, website, physical address, land line 2) Get setup with reporting agency – write to reporting agency to see if you have an existing report 3) Get credit cards using EIN (Do not use Social Security Number) 4) Get Uline, Quill, Grainger, Seaton, Gimler, etc accounts 5) After 5 accounts get Home Depot, Lowes, Cash Credit Cards, Amazon, Sears 6) After 10 accounts get VIsa or Mastercard accounts

[Wayne Brooks]

The whole problem with this is that the business has to have an Established, profitable history.