A personal credit structure is required prior to applying for business funding. You can obtain a business card with a credit limit up to five times that of your strongest personal credit card, provided it is over two years old, within 2 to 3 weeks. To be eligible, you must meet the following requirements below:

• Credit Score: 680+ (700 - 720 considered Golden)
• Number of Accounts: 10-15 (15 considered Golden)
• Credit Cards: 2 or more from major banks
• Age of Credit Cards: Cards must be 2 years old (3 to 4 years considered Golden)
• Minimum Credit Card Credit Limit: $2,500
• Credit Utilization: Usage under 10%
• Credit Inquiries: 2 or less
• Payment History: No late payments in 24 months 
• No Derogatory Marks
• Bankruptcies: None
• Charge Offs: None
• Collections: None
• Note: For a Line of Credit (LOC), you will need a business entity and 2 years of Tax Returns.

Tradelines are NOT recommended if you have negative or derogatory accounts on your credit report. 

Tradelines help boost your scores and add age to your credit profile if it is thin meaning you have little to no credit. 

Older Tradelines typically give you more points than a tradeline that has been open 1-2 years. Ex: a 13 year old tradeline has more age 

I suggest you clean up your credit profile first, add Tradelines once done or if your credit carries no negatives (including recent late payments)

• Payment History: No late payments reported within the past 24 months.
• No derogatory marks are present.
• Bankruptcies: None reported.
• Charge-Offs: None.
• Collections: None.

Please note: To qualify for a Line of Credit (LOC), a registered business entity and two years of tax returns are required.

Adding tradelines is not recommended if your credit report contains negative or derogatory accounts. Tradelines may help strengthen your credit profile and increase your score, particularly if your credit history is limited. Generally, older tradelines contribute more positively to your score than newer ones; for example, a tradeline with a 13-year history carries more weight than one open for only 1–2 years.

It is advisable to address and resolve any negative items on your credit report before adding tradelines. Once your profile is free of recent late payments or other adverse marks, tradelines can be considered to further improve your credit standing.