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Business Credit
How to Build & Improve Your Business Credit Score
-
February 27th, 2025
-
•
5 min(s) read
-
•
by Josh Clark
Content Chapters
- Key Takeaways
- What Is Business Credit & Why It Matters
- How Business Credit Scores Work
- Steps to Establish Business Credit (Even If You’re a Startup)
- How to Improve Your Business Credit Score Fast
- Common Business Credit Mistakes to Avoid
- Best Practices for Long-Term Credit Management
- How Good Credit Helps You Secure Better Business Funding
- Final Thoughts
Building strong business credit is one of the best moves you can make for your company’s long-term financial health. Good credit opens doors to better financing options, higher credit limits, and lower interest rates. This guide walks you through everything you need to know about establishing and improving your business credit score.
Key Takeaways
- Business Credit Matters – A strong credit profile helps secure better financing and lower interest rates.
- Separate Business & Personal Finances – Keeping them distinct builds credibility with lenders.
- Get Listed with Business Credit Bureaus – Registering with agencies like Dun & Bradstreet is essential.
- Use Credit Responsibly – On-time payments and low credit utilization improve your score.
- Monitor Your Credit Regularly – Spot errors early and correct any inaccuracies.
- Build Relationships with Vendors – Working with suppliers that report to credit bureaus strengthens your history.
- Leverage Good Credit for Better Funding – A high score gives you access to larger loans with better terms.
What Is Business Credit & Why It Matters
Just like personal credit, business credit is a financial reputation that lenders, suppliers, and vendors use to evaluate how reliably you manage debt. Whether you're seeking lines of credit or long-term loans, a strong business credit score makes it easier to:
- Qualify for loans and credit lines with better terms.
- Negotiate favorable trade credit agreements with suppliers.
- Reduce personal liability by limiting the need for personal guarantees.
- Build long-term financial stability for your business.
How Business Credit Scores Work
Business credit scores work differently than personal credit scores. Instead of a single score, your business may have multiple ratings from different agencies. Here’s how they break down:
- Dun & Bradstreet PAYDEX Score (0-100): Based on payment history, with 80+ being strong.
- Experian Intelliscore Plus (1-100): Evaluates multiple financial factors, with 76+ being low risk.
- Equifax Business Credit Score (101-992): Assesses payment trends and public records, with 700+ being favorable.
'
);
}
} else if(laststepcheck != 'Manually upload bank statements for the last 3 months'){
$('.hide-btn').hide();
$('.captcha_field_hide').hide();
$('.or-divider').remove();
$('.submit-button').val('Submit');
} else {
$('.hide-btn').show();
$('.captcha_field_hide').show();
$('.or-divider').remove();
$('.submit-button').val('Submit');
}
if(laststepcheck == "Automatically fetch bank statements via Plaid"){
var shouldStop = '';
var value = $('input[name="form_field_58"]').val();
$.ajax({
url: "https://www.businesscapital.com/plaid/check-plaid-connect-new",
type: "GET",
dataType: "json",
data: { form_field_58: value },
async: true,
success: function(data_res) {
if(data_res.val == 1){
$('.hide-btn').show();
$('.captcha_field_hide').show();
// Show success message
document.getElementById('link-button').style.display = 'none';
const msgBox = document.querySelector('.msg-from-plaid');
msgBox.style.display = 'block';
msgBox.classList.add('success');
msgBox.innerText = "Success! Your bank account is now connected via Plaid to fetch your bank statements";
}
}
});
}
}
}
if(form_id == 29){
updateField1004();
updateField1070();
//updateField94_chk();
//updateField1218();
if($('.form_field_1215').is(":visible") || $('.step-17').is(":visible")){
var laststepcheck = $('input[name="form_field_1218"]:checked').val();
//var plaidOption = $('input[name="form_field_1270"]').val();
/*var laststepcheck = plaidOption
? plaidOption.split(',').map(item => item.trim())
: [];*/
if (typeof laststepcheck === "undefined"){
$('.hide-btn').show();
$('.captcha_field_hide').show();
if ($('.or-divider').length === 0) {
$('.captcha_field_hide_bun').before(
'
'); $(this).empty(); var vcounters = 1; for(var im = 0; im ').addClass(errorClassName).html(errorMessages[im]); $(this).append(errorSpan); $(this).closest('.field').addClass('redfield'); } });return false; } } }); //errorContentMsg(); $(function(){ $('input.bank_account').on('change',function(){ $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); }); $('input[name="form_field_495"]').on('change',function(){ $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); var business_selected_val = $('input[name="form_field_495"]:checked').val(); if(business_selected_val == 'Yes'){ $('.form_field_110').show(); $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); } else { $('.form_field_110').hide(); } }); $('input[name="form_field_990"]').on('change',function(){ if($('.form_field_471').is(":visible")){ $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); var business_selected_val = $('input[name="form_field_990"]:checked').val(); if (typeof business_selected_val === "undefined"){ $('.hide-btn').show(); $('.captcha_field_hide').show(); if ($('.or-divider').length === 0) { $('.captcha_field_hide_bun').before( '
OR
'
);
}
} else if (laststepcheck != 'Manually upload bank statements for the last 3 months'){
$('.hide-btn').hide();
$('.captcha_field_hide').hide();
$('.or-divider').remove();
$('.submit-button').val('Submit');
} else {
$('.hide-btn').show();
$('.captcha_field_hide').show();
$('.or-divider').remove();
$('.submit-button').val('Submit');
$('.btn-new-wrapper').addClass('border-add-btn');
$('.form_field_1272').removeClass('plaid-bottom-space');
}
if (laststepcheck == 'Automatically fetch bank statements via Plaid'){
$('.form_field_1272').addClass('plaid-bottom-space');
var shouldStop = '';
var value = $('input[name="form_field_1005"]').val();
$.ajax({
url: "https://www.businesscapital.com/plaid/check-plaid-connect-new",
type: "GET",
dataType: "json",
data: { form_field_58: value },
async: true,
success: function(data_res) {
if(data_res.val == 1){
$('.hide-btn').show();
$('.captcha_field_hide').show();
// Show success message
document.getElementById('link-button').style.display = 'none';
const msgBox = document.querySelector('.msg-from-plaid');
msgBox.style.display = 'block';
msgBox.classList.add('success');
msgBox.innerText = "Success! Your bank account is now connected via Plaid to fetch your bank statements";
$('.submit-button').val('Submit');
$('.or-divider').remove();
$('.btn-new-wrapper').addClass('border-add-btn');
$('.hide-btn').show();
$('.form_field_1272').removeClass('plaid-bottom-space');
}
}
});
}
//resetCaptchaIfFilled();
}
}
//$('.captcha_field_hide').show();
var full_name = $('input.loan_application_f_name').val() + ' ' + $('input.loan_application_l_name').val();
//$('input[name="form_field_153"]').val(full_name);
}
if(form_id == 7){
if((parseInt(step_data_index_count)+parseInt(1)) == 14){
const canvas = document.getElementById('signaturepad');
const canvas1 = document.getElementById('signaturepad1');
const canvas2 = document.getElementById('signaturepad2');
const canvas3 = document.getElementById('signaturepad3');
const ctx = canvas.getContext("2d");
const ctx1 = canvas1.getContext("2d");
const ctx2 = canvas2.getContext("2d");
const ctx3 = canvas3.getContext("2d");
canvas.width = 300;
canvas1.width = 300;
canvas2.width = 300;
canvas3.width = 300;
canvas.height = 150;
canvas1.height = 150;
canvas2.height = 150;
canvas3.height = 150;
ctx.clearRect(0, 0, canvas.width, canvas.height);
ctx1.clearRect(0, 0, canvas1.width, canvas1.height);
ctx2.clearRect(0, 0, canvas2.width, canvas2.height);
ctx3.clearRect(0, 0, canvas3.width, canvas3.height);
}
var owner2fname = $('input[name="form_field_402"]').val();
var owner2lname = $('input[name="form_field_462"]').val();
var owner2percentage = $('input[name="form_field_416"]').val();
if(owner2fname != "" && owner2lname != "" && owner2percentage != ""){
$('.owner_2_sign').show();
$('.owner2_signature').show();
$('.owner_2_e_sign').show();
$('.owner_2_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
} else {
$('.owner_2_sign').hide();
$('.owner2_signature').hide();
$('.owner_2_e_sign').hide();
$('#signature-data1').val('');
$('input[name="form_field_484"]').val('');
$('.owner_2_sign').removeClass('validate[required]');
$('.step-16').addClass('center-signature');
}
var owner3fname = $('input[name="form_field_423"]').val();
var owner3lname = $('input[name="form_field_463"]').val();
var owner3percentage = $('input[name="form_field_439"]').val();
if(owner3fname != "" && owner3lname != "" && owner3percentage != ""){
$('.owner_3_sign').show();
$('.owner3_signature').show();
$('.owner_3_e_sign').show();
$('.owner_3_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').addClass('center-signature-third');
} else {
$('.owner_3_sign').hide();
$('.owner3_signature').hide();
$('.owner_3_e_sign').hide();
$('#signature-data2').val('');
$('input[name="form_field_487"]').val('');
$('.owner_3_sign').removeClass('validate[required]');
$('.step-16').removeClass('center-signature-third');
}
var owner4fname = $('input[name="form_field_444"]').val();
var owner4lname = $('input[name="form_field_464"]').val();
var owner4percentage = $('input[name="form_field_458"]').val();
if(owner4fname != "" && owner4lname != "" && owner4percentage != ""){
$('.owner_4_sign').show();
$('.owner4_signature').show();
$('.owner_4_e_sign').show();
$('.owner_4_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').removeClass('center-signature-third');
} else {
$('.owner_4_sign').hide();
$('.owner4_signature').hide();
$('.owner_4_e_sign').hide();
$('#signature-data3').val('');
$('input[name="form_field_490"]').val('');
$('.owner_4_sign').removeClass('validate[required]');
}
}
if(form_id == 29){
if((parseInt(step_data_index_count)+parseInt(1)) == 14){
const canvas = document.getElementById('signaturepad');
const canvas1 = document.getElementById('signaturepad1');
const canvas2 = document.getElementById('signaturepad2');
const canvas3 = document.getElementById('signaturepad3');
const ctx = canvas.getContext("2d");
const ctx1 = canvas1.getContext("2d");
const ctx2 = canvas2.getContext("2d");
const ctx3 = canvas3.getContext("2d");
canvas.width = 300;
canvas1.width = 300;
canvas2.width = 300;
canvas3.width = 300;
canvas.height = 150;
canvas1.height = 150;
canvas2.height = 150;
canvas3.height = 150;
ctx.clearRect(0, 0, canvas.width, canvas.height);
ctx1.clearRect(0, 0, canvas1.width, canvas1.height);
ctx2.clearRect(0, 0, canvas2.width, canvas2.height);
ctx3.clearRect(0, 0, canvas3.width, canvas3.height);
}
var owner2fname = $('input[name="form_field_1137"]').val();
var owner2lname = $('input[name="form_field_1138"]').val();
var owner2percentage = $('input[name="form_field_1134"]').val();
if(owner2fname != "" && owner2lname != "" && owner2percentage != ""){
$('.owner_2_sign').show();
$('.owner2_signature').show();
$('.owner_2_e_sign').show();
$('.owner_2_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
} else {
$('.owner_2_sign').hide();
$('.owner2_signature').hide();
$('.owner_2_e_sign').hide();
$('#signature-data1').val('');
$('input[name="form_field_1203"]').val('');
$('.owner_2_sign').removeClass('validate[required]');
$('.step-16').addClass('center-signature');
}
var owner3fname = $('input[name="form_field_1157"]').val();
var owner3lname = $('input[name="form_field_1158"]').val();
var owner3percentage = $('input[name="form_field_1174"]').val();
if(owner3fname != "" && owner3lname != "" && owner3percentage != ""){
$('.owner_3_sign').show();
$('.owner3_signature').show();
$('.owner_3_e_sign').show();
$('.owner_3_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').addClass('center-signature-third');
} else {
$('.owner_3_sign').hide();
$('.owner3_signature').hide();
$('.owner_3_e_sign').hide();
$('#signature-data2').val('');
$('input[name="form_field_1206"]').val('');
$('.owner_3_sign').removeClass('validate[required]');
$('.step-16').removeClass('center-signature-third');
}
var owner4fname = $('input[name="form_field_1177"]').val();
var owner4lname = $('input[name="form_field_1178"]').val();
var owner4percentage = $('input[name="form_field_1192"]').val();
if(owner4fname != "" && owner4lname != "" && owner4percentage != ""){
$('.owner_4_sign').show();
$('.owner4_signature').show();
$('.owner_4_e_sign').show();
$('.owner_4_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').removeClass('center-signature-third');
} else {
$('.owner_4_sign').hide();
$('.owner4_signature').hide();
$('.owner_4_e_sign').hide();
$('#signature-data3').val('');
$('input[name="form_field_1209"]').val('');
$('.owner_4_sign').removeClass('validate[required]');
}
}
if(form_id == 22){
if((parseInt(step_data_index_count)+parseInt(1)) == 14){
const canvas = document.getElementById('signaturepad');
const canvas1 = document.getElementById('signaturepad1');
const canvas2 = document.getElementById('signaturepad2');
const canvas3 = document.getElementById('signaturepad3');
const ctx = canvas.getContext("2d");
const ctx1 = canvas1.getContext("2d");
const ctx2 = canvas2.getContext("2d");
const ctx3 = canvas3.getContext("2d");
canvas.width = 300;
canvas1.width = 300;
canvas2.width = 300;
canvas3.width = 300;
canvas.height = 150;
canvas1.height = 150;
canvas2.height = 150;
canvas3.height = 150;
ctx.clearRect(0, 0, canvas.width, canvas.height);
ctx1.clearRect(0, 0, canvas1.width, canvas1.height);
ctx2.clearRect(0, 0, canvas2.width, canvas2.height);
ctx3.clearRect(0, 0, canvas3.width, canvas3.height);
}
var owner2fname = $('input[name="form_field_652"]').val();
var owner2lname = $('input[name="form_field_653"]').val();
var owner2percentage = $('input[name="form_field_649"]').val();
if(owner2fname != "" && owner2lname != "" && owner2percentage != ""){
$('.owner_2_sign').show();
$('.owner2_signature').show();
$('.owner_2_e_sign').show();
$('.owner_2_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
} else {
$('.owner_2_sign').hide();
$('.owner2_signature').hide();
$('.owner_2_e_sign').hide();
$('#signature-data1').val('');
$('input[name="form_field_718"]').val('');
$('.owner_2_sign').removeClass('validate[required]');
$('.step-16').addClass('center-signature');
}
var owner3fname = $('input[name="form_field_672"]').val();
var owner3lname = $('input[name="form_field_673"]').val();
var owner3percentage = $('input[name="form_field_689"]').val();
if(owner3fname != "" && owner3lname != "" && owner3percentage != ""){
$('.owner_3_sign').show();
$('.owner3_signature').show();
$('.owner_3_e_sign').show();
$('.owner_3_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').addClass('center-signature-third');
} else {
$('.owner_3_sign').hide();
$('.owner3_signature').hide();
$('.owner_3_e_sign').hide();
$('#signature-data2').val('');
$('input[name="form_field_721"]').val('');
$('.owner_3_sign').removeClass('validate[required]');
$('.step-16').removeClass('center-signature-third');
}
var owner4fname = $('input[name="form_field_692"]').val();
var owner4lname = $('input[name="form_field_693"]').val();
var owner4percentage = $('input[name="form_field_707"]').val();
if(owner4fname != "" && owner4lname != "" && owner4percentage != ""){
$('.owner_4_sign').show();
$('.owner4_signature').show();
$('.owner_4_e_sign').show();
$('.owner_4_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').removeClass('center-signature-third');
} else {
$('.owner_4_sign').hide();
$('.owner4_signature').hide();
$('.owner_4_e_sign').hide();
$('#signature-data3').val('');
$('input[name="form_field_724"]').val('');
$('.owner_4_sign').removeClass('validate[required]');
}
}
if(form_id == 17) {
step_update_progressIndicator(step_data_index);
}
step_update_progressBar(6);
if(form_id == 18) {
step_update_progressBar(25);
}
if(form_id == 22) {
step_update_progressBar(12);
get_session_data();
}
if(form_id == 29){
progressbar_2(17);
mobtoggleField();
if ($(window).width() = step_data_index_count) {
var baseURL = 'https://www.businesscapital.com/loan-applications';
window.history.pushState(text_show+(parseInt(step_data_index_count)), 'Title', baseURL+'/'+text_show+(parseInt(step_data_index_count))+'#forms7');
//$('#click_current_url').val(text_show+(parseInt(step_data_index_count)), 'Title', baseURL+'/'+text_show+(parseInt(step_data_index_count))+'#forms7');
// page_jus_loaded = false;
//autosave();
sendToTParty();
} else {
window.location.href = "https://www.businesscapital.com/loan-applications";
} } else {
window.location.href = "https://www.businesscapital.com/loan-applications";
}
}
if(form_id == 29) {
var step_data_index_count = last_char1;
//console.log('step_data_index_count ' + step_data_index_count);
if($.cookie('current_step')!= undefined && $.cookie('current_step')!= null && $.cookie('current_step')!= ''){
if($.cookie('current_step') >= step_data_index_count) {
var baseURL = 'https://www.businesscapital.com/loan-applications-v2';
window.history.pushState(text_show+(parseInt(step_data_index_count)), 'Title', baseURL+'/'+text_show+(parseInt(step_data_index_count))+'#forms29');
//$('#click_current_url').val(text_show+(parseInt(step_data_index_count)), 'Title', baseURL+'/'+text_show+(parseInt(step_data_index_count))+'#forms7');
// page_jus_loaded = false;
//autosave();
sendToTParty29();
} else {
window.location.href = "https://www.businesscapital.com/loan-applications-v2";
} } else {
window.location.href = "https://www.businesscapital.com/loan-applications-v2";
}
}
if(form_id == 22) {
var step_data_index_count = last_char1;
//console.log('step_data_index_count ' + step_data_index_count);
if($.cookie('current_step')!= undefined && $.cookie('current_step')!= null && $.cookie('current_step')!= ''){
if($.cookie('current_step') >= step_data_index_count) {
var baseURL = 'https://www.businesscapital.com/loan-applications-mail-offer';
window.history.pushState(text_show+(parseInt(step_data_index_count)), 'Title', baseURL+'/'+text_show+(parseInt(step_data_index_count))+'#forms22');
//$('#click_current_url').val(text_show+(parseInt(step_data_index_count)), 'Title', baseURL+'/'+text_show+(parseInt(step_data_index_count))+'#forms22');
// page_jus_loaded = false;
//autosave();
sendToTParty();
} else {
window.location.href = "https://www.businesscapital.com/loan-applications-mail-offer";
} } else {
window.location.href = "https://www.businesscapital.com/loan-applications-mail-offer";
}
}
var step_data_index = '';
if(stepurl_c == '') {
step_data_index = last_char1;
} else {
step_data_index = stepurl_c;
}
if(form_id == 7) {
const total_form_steps = $('.steps').length;
updateStepList(step_data_index, total_form_steps);
if (!form_next_step.hasClass('new-after-1')) {
if(step_data_index == 1) {
$('.back-btn').hide();
} else {
$('.back-btn').show();
}
}
} else if(form_id == 29) {
const total_form_steps = $('.steps').length;
updateStepList29(step_data_index, total_form_steps);
if (!form_next_step.hasClass('new-after-1')) {
if(step_data_index == 1) {
$('.back-btn').hide();
} else {
$('.back-btn').show();
}
}
} else if(form_id == 22) {
const total_form_steps = $('.steps').length;
updateStepListform22(step_data_index, total_form_steps);
if (!form_next_step.hasClass('new-after-1')) {
if(step_data_index == 1) {
$('.back-btn').hide();
} else {
$('.back-btn').show();
}
}
} else {
if (!form_next_step.hasClass('step-1')) {
if(step_data_index == 1) {
$('.back-btn').hide();
} else {
$('.back-btn').show();
}
}
}
var crt = '';
if(correctcnt == 16){
//crt = 0;
}
if(correctcnt == 15){
var full_name_get = localStorage.getItem("form_7");
var full_name_get1 = JSON.parse(full_name_get);
$('input[name="form_field_135"]').val(full_name_get1.form_field_52);
$('input[name="form_field_461"]').val(full_name_get1.form_field_53);
var f_name = $('input[name="form_field_52"]').val();
var last_name = $('input[name="form_field_53"]').val();
$('input[name="form_field_135"]').val(f_name);
$('input[name="form_field_461"]').val(last_name);
}
if (!form_next_step.next('.form_group').length || crt == 0) {
if(correctcnt == total_no_steps) {
$('.hide-btn').show();
$('.captcha_field_hide').show();
step_update_progressBar(10.6);
$('.captcha_field_hide').show();
var full_name_get = localStorage.getItem("form_7");
var full_name_get1 = JSON.parse(full_name_get);
var full_name = full_name_get1.form_field_52+' '+full_name_get1.form_field_53;
// $('input[name="form_field_153"]').val(full_name);
}
if(correctcnt != total_no_steps) {
$('.hide-btn').hide();
$('.captcha_field_hide').hide();
}
}
if(form_id == 7){
if((parseInt(step_data_index_count)) == 14) {
const canvas = document.getElementById('signaturepad');
const canvas1 = document.getElementById('signaturepad1');
const canvas2 = document.getElementById('signaturepad2');
const canvas3 = document.getElementById('signaturepad3');
const ctx = canvas.getContext("2d");
const ctx1 = canvas1.getContext("2d");
const ctx2 = canvas2.getContext("2d");
const ctx3 = canvas3.getContext("2d");
canvas.width = 300;
canvas1.width = 300;
canvas2.width = 300;
canvas3.width = 300;
canvas.height = 150;
canvas1.height = 150;
canvas2.height = 150;
canvas3.height = 150;
ctx.clearRect(0, 0, canvas.width, canvas.height);
ctx1.clearRect(0, 0, canvas1.width, canvas1.height);
ctx2.clearRect(0, 0, canvas2.width, canvas2.height);
ctx3.clearRect(0, 0, canvas3.width, canvas3.height);
}
var owner2fname = $('input[name="form_field_402"]').val();
var owner2lname = $('input[name="form_field_462"]').val();
var owner2percentage = $('input[name="form_field_416"]').val();
if(owner2fname != "" && owner2lname != "" && owner2percentage != ""){
$('.owner_2_sign').show();
$('.owner2_signature').show();
$('.owner_2_e_sign').show();
$('.owner_2_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
} else {
$('.owner_2_sign').hide();
$('.owner2_signature').hide();
$('.owner_2_e_sign').hide();
$('#signature-data1').val('');
$('input[name="form_field_484"]').val('');
$('.owner_2_sign').removeClass('validate[required]');
$('.step-16').addClass('center-signature');
}
var owner3fname = $('input[name="form_field_423"]').val();
var owner3lname = $('input[name="form_field_463"]').val();
var owner3percentage = $('input[name="form_field_439"]').val();
if(owner3fname != "" && owner3lname != "" && owner3percentage != ""){
$('.owner_3_sign').show();
$('.owner3_signature').show();
$('.owner_3_e_sign').show();
$('.owner_3_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').addClass('center-signature-third');
} else {
$('.owner_3_sign').hide();
$('.owner3_signature').hide();
$('.owner_3_e_sign').hide();
$('#signature-data2').val('');
$('input[name="form_field_487"]').val('');
$('.owner_3_sign').removeClass('validate[required]');
$('.step-16').removeClass('center-signature-third');
}
var owner4fname = $('input[name="form_field_444"]').val();
var owner4lname = $('input[name="form_field_464"]').val();
var owner4percentage = $('input[name="form_field_458"]').val();
if(owner4fname != "" && owner4lname != "" && owner4percentage != ""){
$('.owner_4_sign').show();
$('.owner4_signature').show();
$('.owner_4_e_sign').show();
$('.owner_4_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').removeClass('center-signature-third');
} else {
$('.owner_4_sign').hide();
$('.owner4_signature').hide();
$('.owner_4_e_sign').hide();
$('#signature-data3').val('');
$('input[name="form_field_490"]').val('');
$('.owner_4_sign').removeClass('validate[required]');
}
$('input[name="form_field_153"]').val('');
$('input[name="form_field_484"]').val('');
$('input[name="form_field_487"]').val('');
$('input[name="form_field_490"]').val('');
loadpage = true;
}
if(form_id == 29){
if((parseInt(step_data_index_count)) == 14) {
const canvas = document.getElementById('signaturepad');
const canvas1 = document.getElementById('signaturepad1');
const canvas2 = document.getElementById('signaturepad2');
const canvas3 = document.getElementById('signaturepad3');
const ctx = canvas.getContext("2d");
const ctx1 = canvas1.getContext("2d");
const ctx2 = canvas2.getContext("2d");
const ctx3 = canvas3.getContext("2d");
canvas.width = 300;
canvas1.width = 300;
canvas2.width = 300;
canvas3.width = 300;
canvas.height = 150;
canvas1.height = 150;
canvas2.height = 150;
canvas3.height = 150;
ctx.clearRect(0, 0, canvas.width, canvas.height);
ctx1.clearRect(0, 0, canvas1.width, canvas1.height);
ctx2.clearRect(0, 0, canvas2.width, canvas2.height);
ctx3.clearRect(0, 0, canvas3.width, canvas3.height);
}
var owner2fname = $('input[name="form_field_1137"]').val();
var owner2lname = $('input[name="form_field_1138"]').val();
var owner2percentage = $('input[name="form_field_1134"]').val();
if(owner2fname != "" && owner2lname != "" && owner2percentage != ""){
$('.owner_2_sign').show();
$('.owner2_signature').show();
$('.owner_2_e_sign').show();
$('.owner_2_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
} else {
$('.owner_2_sign').hide();
$('.owner2_signature').hide();
$('.owner_2_e_sign').hide();
$('#signature-data1').val('');
$('input[name="form_field_1203"]').val('');
$('.owner_2_sign').removeClass('validate[required]');
$('.step-16').addClass('center-signature');
}
var owner3fname = $('input[name="form_field_1157"]').val();
var owner3lname = $('input[name="form_field_1158"]').val();
var owner3percentage = $('input[name="form_field_1174"]').val();
if(owner3fname != "" && owner3lname != "" && owner3percentage != ""){
$('.owner_3_sign').show();
$('.owner3_signature').show();
$('.owner_3_e_sign').show();
$('.owner_3_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').addClass('center-signature-third');
} else {
$('.owner_3_sign').hide();
$('.owner3_signature').hide();
$('.owner_3_e_sign').hide();
$('#signature-data2').val('');
$('input[name="form_field_1206"]').val('');
$('.owner_3_sign').removeClass('validate[required]');
$('.step-16').removeClass('center-signature-third');
}
var owner4fname = $('input[name="form_field_1177"]').val();
var owner4lname = $('input[name="form_field_1178"]').val();
var owner4percentage = $('input[name="form_field_1192"]').val();
if(owner4fname != "" && owner4lname != "" && owner4percentage != ""){
$('.owner_4_sign').show();
$('.owner4_signature').show();
$('.owner_4_e_sign').show();
$('.owner_4_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').removeClass('center-signature-third');
} else {
$('.owner_4_sign').hide();
$('.owner4_signature').hide();
$('.owner_4_e_sign').hide();
$('#signature-data3').val('');
$('input[name="form_field_1209"]').val('');
$('.owner_4_sign').removeClass('validate[required]');
}
$('input[name="form_field_1199"]').val('');
$('input[name="form_field_1203"]').val('');
$('input[name="form_field_1206"]').val('');
$('input[name="form_field_1209"]').val('');
loadpage = true;
}
if(form_id == 22){
if((parseInt(step_data_index_count)) == 14) {
const canvas = document.getElementById('signaturepad');
const canvas1 = document.getElementById('signaturepad1');
const canvas2 = document.getElementById('signaturepad2');
const canvas3 = document.getElementById('signaturepad3');
const ctx = canvas.getContext("2d");
const ctx1 = canvas1.getContext("2d");
const ctx2 = canvas2.getContext("2d");
const ctx3 = canvas3.getContext("2d");
canvas.width = 300;
canvas1.width = 300;
canvas2.width = 300;
canvas3.width = 300;
canvas.height = 150;
canvas1.height = 150;
canvas2.height = 150;
canvas3.height = 150;
ctx.clearRect(0, 0, canvas.width, canvas.height);
ctx1.clearRect(0, 0, canvas1.width, canvas1.height);
ctx2.clearRect(0, 0, canvas2.width, canvas2.height);
ctx3.clearRect(0, 0, canvas3.width, canvas3.height);
}
var owner2fname = $('input[name="form_field_652"]').val();
var owner2lname = $('input[name="form_field_653"]').val();
var owner2percentage = $('input[name="form_field_649"]').val();
if(owner2fname != "" && owner2lname != "" && owner2percentage != ""){
$('.owner_2_sign').show();
$('.owner2_signature').show();
$('.owner_2_e_sign').show();
$('.owner_2_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
} else {
$('.owner_2_sign').hide();
$('.owner2_signature').hide();
$('.owner_2_e_sign').hide();
$('#signature-data1').val('');
$('input[name="form_field_718"]').val('');
$('.owner_2_sign').removeClass('validate[required]');
$('.step-16').addClass('center-signature');
}
var owner3fname = $('input[name="form_field_672"]').val();
var owner3lname = $('input[name="form_field_673"]').val();
var owner3percentage = $('input[name="form_field_689"]').val();
if(owner3fname != "" && owner3lname != "" && owner3percentage != ""){
$('.owner_3_sign').show();
$('.owner3_signature').show();
$('.owner_3_e_sign').show();
$('.owner_3_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').addClass('center-signature-third');
} else {
$('.owner_3_sign').hide();
$('.owner3_signature').hide();
$('.owner_3_e_sign').hide();
$('#signature-data2').val('');
$('input[name="form_field_721"]').val('');
$('.owner_3_sign').removeClass('validate[required]');
$('.step-16').removeClass('center-signature-third');
}
var owner4fname = $('input[name="form_field_692"]').val();
var owner4lname = $('input[name="form_field_693"]').val();
var owner4percentage = $('input[name="form_field_707"]').val();
if(owner4fname != "" && owner4lname != "" && owner4percentage != ""){
$('.owner_4_sign').show();
$('.owner4_signature').show();
$('.owner_4_e_sign').show();
$('.owner_4_sign').addClass('validate[required]');
$('.step-16').removeClass('center-signature');
$('.step-16').removeClass('center-signature-third');
} else {
$('.owner_4_sign').hide();
$('.owner4_signature').hide();
$('.owner_4_e_sign').hide();
$('#signature-data3').val('');
$('input[name="form_field_724"]').val('');
$('.owner_4_sign').removeClass('validate[required]');
}
$('input[name="form_field_714"]').val('');
$('input[name="form_field_718"]').val('');
$('input[name="form_field_721"]').val('');
$('input[name="form_field_724"]').val('');
loadpage = true;
}
step_update_progressBar((step_data_index * 6));
if(form_id == 29 && last_char1 == 4 && text_show == 'step'){
progressbar_2(100);
$('.hide-btn').show();
$('.captcha_field_hide').show();
if($('.form_field_1215').is(":visible") || $('.step-17').is(":visible")){
var laststepcheck = $('input[name="form_field_1218"]:checked').val();
// var plaidOption = $('input[name="form_field_1270"]').val();
/*var laststepcheck = plaidOption
? plaidOption.split(',').map(item => item.trim())
: [];*/
if (typeof laststepcheck === "undefined"){
$('.hide-btn').show();
$('.captcha_field_hide').show();
if ($('.or-divider').length === 0) {
$('.captcha_field_hide_bun').before(
' Submit without statements
OR
'
);
}
} else if (laststepcheck != 'Manually upload bank statements for the last 3 months'){
$('.hide-btn').hide();
$('.captcha_field_hide').hide();
$('.or-divider').remove();
$('.submit-button').val('Submit');
} else {
$('.hide-btn').show();
$('.captcha_field_hide').show();
$('.or-divider').remove();
$('.submit-button').val('Submit');
$('.btn-new-wrapper').addClass('border-add-btn');
$('.form_field_1272').removeClass('plaid-bottom-space');
}
if (laststepcheck == 'Automatically fetch bank statements via Plaid'){
$('.form_field_1272').addClass('plaid-bottom-space');
var shouldStop = '';
var value = $('input[name="form_field_1005"]').val();
$.ajax({
url: "https://www.businesscapital.com/plaid/check-plaid-connect-new",
type: "GET",
dataType: "json",
data: { form_field_58: value },
async: true,
success: function(data_res) {
if(data_res.val == 1){
$('.hide-btn').show();
$('.captcha_field_hide').show();
// Show success message
document.getElementById('link-button').style.display = 'none';
const msgBox = document.querySelector('.msg-from-plaid');
msgBox.style.display = 'block';
msgBox.classList.add('success');
msgBox.innerText = "Success! Your bank account is now connected via Plaid to fetch your bank statements";
$('.submit-button').val('Submit');
$('.or-divider').remove();
$('.btn-new-wrapper').addClass('border-add-btn');
$('.hide-btn').show();
$('.form_field_1272').removeClass('plaid-bottom-space');
}
}
});
}
// resetCaptchaIfFilled();
}
//mobtoggleField();
} else if(form_id == 29){
progressbar_2((step_data_index * 17));
}
if(form_id == 22 && last_char1 == 6){
$('.hide-btn').show();
$('.captcha_field_hide').show();
step_update_progressBar(100);
}
} else {
if(form_id == 7){
window.location.href = "https://www.businesscapital.com/loan-applications";
} else if(form_id == 29){
window.location.href = "https://www.businesscapital.com/loan-applications-v2";
} else if(form_id == 22){
window.location.href = "https://www.businesscapital.com/loan-applications-mail-offer";
}
}
}
}
}
});
$(function(){
$("input[name='form_field_468']").on("blur", function(){
var website_name = $(this).val().trim();
if(website_name){
var website = website_name.replace(/^(?:https?:\/\/)?(?:www\.)?/i, "");
website = website.replace(/^(?:http?:\/\/)?(?:www\.)?/i, "");
$(this).val('https://www.'+website);
}
});
$("input[name='form_field_1096']").on("blur", function(){
var website_name = $(this).val().trim();
if(website_name){
var website = website_name.replace(/^(?:https?:\/\/)?(?:www\.)?/i, "");
website = website.replace(/^(?:http?:\/\/)?(?:www\.)?/i, "");
$(this).val('https://www.'+website);
}
});
});
$(function(){var form_id = "5";
$('.stepForm_'+form_id+' input').on('input', function(e){
if($(this).val().trim()!==''){
$(this).closest('.field').removeClass('redfield');
}
});
/*
$('input[name="form_field_398"]').on('input', function(){
var value = $(this).val().replace(/[^0-9.]/g, '');
if((value.match(/\./g) || []).length > 1){
value = value.replace(/\.+$/, '');
}
var val1 = 0;
var val2 = 0;
var val3 = 0;
if($('input[name="form_field_416"]').val()){
val1 = $('input[name="form_field_416"]').val();
}
if($('input[name="form_field_458"]').val()){
val2 = $('input[name="form_field_458"]').val();
}
if($('input[name="form_field_439"]').val()){
val3 = $('input[name="form_field_439"]').val();
}
// if(val3 != 0 || val2 != 0 || val1 != 0) {
// value = (parseInt(100) - (parseFloat(val1)+parseFloat(val2)+parseFloat(val3)));
// }
if(value > 100){
$(this).val(100);
} else {
$(this).val(value);
}
if(value !== '' && parseFloat(value) 1){
value = value.replace(/\.+$/, '');
}
var val1 = 0;
var val2 = 0;
var val3 = 0;
if($('input[name="form_field_416"]').val()){
val1 = $('input[name="form_field_416"]').val();
}
if($('input[name="form_field_458"]').val()){
val2 = $('input[name="form_field_458"]').val();
}
if($('input[name="form_field_439"]').val()){
val3 = $('input[name="form_field_439"]').val();
}
// if(val3 != 0 || val2 != 0 || val1 != 0) {
// value = (parseInt(100) - (parseFloat(val1)+parseFloat(val2)+parseFloat(val3)));
// }
if(value > 100){
$(this).val(100);
} else {
$(this).val(value);
}
if(value !== '' && parseFloat(value) == 100){
$('.form_field_401, [data-parent-id="401"]').hide();
$('.form_field_421, [data-parent-id="421"]').hide();
$('.form_field_442, [data-parent-id="442"]').hide();
$('input[name="form_field_416"]').val('');
$('input[name="form_field_439"]').val('');
$('input[name="form_field_458"]').val('');
// $('.add_owner_1').addClass('light_cls');
// $('.add_owner_1').removeClass('dark_cls');
setTimeout(function(){
$('input.add_owner_1').prop('checked', false).trigger('change');}, 300);
}
});
$('input[name="form_field_398"]').on('blur', function(){
let value = $(this).val().replace(/[^0-9.]/g, '');
if(value === ''){
$(this).val('');
$('.form_field_401').hide();
} else {
value = parseFloat(value);
if(value > 100){
$(this).val(100);
} else {
$(this).val(value);
}
if(parseFloat(value) 1){
value = value.replace(/\.+$/, '');
}
var val = (parseFloat(value)+parseFloat($('input[name="form_field_398"]').val()));
if(val > 100){
var remval = (parseFloat(100)-parseFloat($('input[name="form_field_398"]').val()));
$(this).val(remval);
} else {
$(this).val(value);
}
if(val !== '' && parseFloat(val) 100){
var remval = (parseFloat(100)-parseFloat($('input[name="form_field_398"]').val()));
$(this).val(remval);
} else {
$(this).val(value);
}
if(parseFloat(val) 1){
value = value.replace(/\.+$/, '');
}
$(this).val(value);
var val = (parseFloat(value)+parseFloat($('input[name="form_field_416"]').val())+parseFloat($('input[name="form_field_398"]').val()));
if(val > 100){
var remval = (parseFloat(100)-(parseFloat($('input[name="form_field_416"]').val())+parseFloat($('input[name="form_field_398"]').val())));
$(this).val(remval);
} else {
$(this).val(value);
}
if(val !== '' && parseFloat(val) 100){
var remval = (parseFloat(100)-(parseFloat($('input[name="form_field_416"]').val())+parseFloat($('input[name="form_field_398"]').val())));
$(this).val(remval);
} else {
$(this).val(value);
}
if(parseFloat(val) 100){
var remval = (parseFloat(100)-(parseFloat($('input[name="form_field_416"]').val())+parseFloat($('input[name="form_field_398"]').val())+parseFloat($('input[name="form_field_439"]').val())));
$(this).val(remval);
} else {
$(this).val(value);
}
}
});
*/
$('input[name="form_field_458"]').on('blur', function(){
let value = $(this).val().replace(/[^0-9.]/g, '');
value = parseFloat(value);
if(value) {
var val = (parseFloat(value)+parseFloat($('input[name="form_field_416"]').val())+parseFloat($('input[name="form_field_398"]').val())+parseFloat($('input[name="form_field_439"]').val()));
if(val > 100){
var remval = (parseFloat(100)-(parseFloat($('input[name="form_field_416"]').val())+parseFloat($('input[name="form_field_398"]').val())+parseFloat($('input[name="form_field_439"]').val())));
$(this).val(remval);
} else {
$(this).val(value);
}
}
});
});
$(window).on('load', function(){
$('input[name="form_field_398"]').trigger('blur');
$('input[name="form_field_416"]').trigger('blur');
$('input[name="form_field_439"]').trigger('blur');
//$('input[name="form_field_458"]').trigger('input');
// $('.notoggle_style').removeAttr('style');
});
$('.submit_btn').on('click',function(e){var form_id = "5"; var isValid3 = $(".stepForm_"+form_id).validationEngine('validate');
if (!isValid3) {
e.preventDefault();
if ($('.formErrorContent').is(':visible')) {
$(".stepForm_" + form_id + " .formErrorContent").each(function() {
var errorMessage = $(this).html().trim();
var errorMessages = errorMessage.split(' Submit without statements
'); $(this).empty(); var vcounters = 1; for(var im = 0; im ').addClass(errorClassName).html(errorMessages[im]); $(this).append(errorSpan); $(this).closest('.field').addClass('redfield'); } });return false; } } }); //errorContentMsg(); $(function(){ $('input.bank_account').on('change',function(){ $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); }); $('input[name="form_field_495"]').on('change',function(){ $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); var business_selected_val = $('input[name="form_field_495"]:checked').val(); if(business_selected_val == 'Yes'){ $('.form_field_110').show(); $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); } else { $('.form_field_110').hide(); } }); $('input[name="form_field_990"]').on('change',function(){ if($('.form_field_471').is(":visible")){ $('label').removeClass('selected'); $(this).closest('label').addClass('selected'); var business_selected_val = $('input[name="form_field_990"]:checked').val(); if (typeof business_selected_val === "undefined"){ $('.hide-btn').show(); $('.captcha_field_hide').show(); if ($('.or-divider').length === 0) { $('.captcha_field_hide_bun').before( '
OR
'
);
}
} else if(business_selected_val != 'Manually upload bank statements for the last 3 months'){
$('.hide-btn').hide();
$('.captcha_field_hide').hide();
$('.or-divider').remove();
$('.submit-button').val('Submit');
$('#plaid_id_check').val(1);
autosave();
} else {
$('.hide-btn').show();
$('.captcha_field_hide').show();
$('.submit-button').val('Submit');
$('.or-divider').remove();
$('#plaid_id_check').val(0);
autosave();
}
if(business_selected_val == "Automatically fetch bank statements via Plaid"){
var shouldStop = '';
var value = $('input[name="form_field_58"]').val();
$.ajax({
url: "https://www.businesscapital.com/plaid/check-plaid-connect-new",
type: "GET",
dataType: "json",
data: { form_field_58: value },
async: false,
success: function(data_res) {
if(data_res.val == 1){
$('.hide-btn').show();
$('.captcha_field_hide').show();
// Show success message
document.getElementById('link-button').style.display = 'none';
const msgBox = document.querySelector('.msg-from-plaid');
msgBox.style.display = 'block';
msgBox.classList.add('success');
msgBox.innerText = "Success! Your bank account is now connected via Plaid to fetch your bank statements";
}
}
});
}
}
});
});
/*
$(document).ready(function(){
$('input.federal_tax_id').on('input',function(){
var val = $(this).val();
var form_field_128 = val.replace(/\D/g, '');
if(form_field_128.length > 2){
var val1 = form_field_128.slice(0,2);
form_field_128 = val1+'-'+form_field_128.slice(2);
}
$(this).val(form_field_128.slice(0,10));
});
$('input.federal_tax_id').on('blur',function(){
var val = $(this).val();
var form_field_128= /^\d{2}-\d{7}$/;
if(!form_field_128.test(val)){
$(this).focus();
}
});
});
*/
$(document).ready(function () {
$('input.federal_tax_id').on('input', function () {
var val = $(this).val();
var form_field_128 = val.replace(/\D/g, '');
if (form_field_128.length > 2) {
var val1 = form_field_128.slice(0, 2);
form_field_128 = val1 + '-' + form_field_128.slice(2);
}
$(this).val(form_field_128.slice(0, 10));
});
$('input.federal_tax_id').on('blur', function () {
var form_id = '5';
if(form_id == 29){
var $input = $(this);
var val = $input.val().trim();
var $error = $input.next('.error-message');
$error.remove();
var formatValid = /^\d{2}-\d{7}$/.test(val);
var numericVal = val.replace('-', '');
var startsWithOne = numericVal.startsWith('1');
var plainNineDigits = /^\d{9}$/.test(val);
if (!formatValid || startsWithOne || plainNineDigits) {
var message = "Please enter a valid 9-digit EIN";
if (startsWithOne || plainNineDigits) {
message = "Please correct the EIN number";
}
$input.after(
''
);
$('html, body').animate({
scrollTop: $('.loan-v2-tax-id').offset().top - 100
}, 500);
//$input.focus();
return false;
}
return true;
} else {
var val = $(this).val();
var isValid = /^\d{2}-\d{7}$/.test(val);
var $error = $(this).next('.error-message');
if (!isValid) {
// Show error message
if ($error.length === 0) {
$(this).after('');
}
$('html, body').animate({
scrollTop: $('.loan-v2-tax-id').offset().top - 100
}, 500);
//$(this).focus();
} else {
// Remove error message
$error.remove();
}
}
});
});
function validateEIN($input) {
var val = $input.val();
var isValid = /^\d{2}-\d{7}$/.test(val);
var $error = $input.next('.error-message');
if (!isValid) {
if ($error.length === 0) {
$input.after('');
}
$('html, body').animate({
scrollTop: $('.loan-v2-tax-id').offset().top - 100
}, 500);
//$input.focus();
return false;
} else {
$error.remove();
return true;
}
}
function validateEIN29($input) {
var val = $input.val().trim();
var $error = $input.next('.error-message');
$error.remove();
var formatValid = /^\d{2}-\d{7}$/.test(val);
var numericVal = val.replace('-', '');
var startsWithOne = numericVal.startsWith('1');
var plainNineDigits = /^\d{9}$/.test(val);
if (!formatValid || startsWithOne || plainNineDigits) {
var message = "Please enter a valid 9-digit EIN";
if (startsWithOne || plainNineDigits) {
message = "Please correct the EIN number";
}
$input.after(
''
);
$('html, body').animate({
scrollTop: $('.loan-v2-tax-id').offset().top - 100
}, 500);
//$input.focus();
return false;
}
return true;
}
function validateSSN($input) {
var val = $input.val();
var isValid = /^\d{3}-\d{2}-\d{4}$/.test(val); // Correct SSN format
var $error = $input.next('.error-message');
if (!isValid) {
if ($error.length === 0) {
$input.after('');
}
//$input.focus();
$('html, body').animate({
scrollTop: $('.loan-v2-error').offset().top - 100
}, 500);
return false;
} else {
$error.remove();
return true;
}
}
/*
$(document).ready(function(){
$('input[name="form_field_139"]').on('input', function(e){
var val1 = $(this).val();
let form_field_139 = val1.replace(/\D/g, '');
if(form_field_139.length > 3 && form_field_139.length 5){
var val3 = form_field_139.slice(0, 3);
form_field_139 = val3+'-'+form_field_139.slice(3, 5)+'-'+form_field_139.slice(5);
}
var val4 = form_field_139.slice(0, 11);
$(this).val(val4);
});
$('input[name="form_field_139"]').on('blur',function(e){
var form_field_139 = /^\d{3}-\d{2}-\d{4}$/;
var val = $(this).val();
if(!form_field_139.test(val)){$(this).focus();}
});
$('input[name="form_field_406"]').on('input',function(){
var val = $(this).val();
let form_field_406 = val.replace(/\D/g, '');
if(form_field_406.length > 3 && form_field_406.length 5){
var val3 = form_field_406.slice(0, 3);
form_field_406 = val3+'-'+form_field_406.slice(3, 5)+'-'+form_field_406.slice(5);
}
var val2 = form_field_406.slice(0, 11);
$(this).val(val2);
});
$('input[name="form_field_406"]').on('blur',function(){
var form_field_406 = /^\d{3}-\d{2}-\d{4}$/;
var val = $(this).val();
if(!form_field_406.test(val)){ $(this).focus(); }
});
$('input[name="form_field_427"]').on('input',function(){
var val = $(this).val();
let form_field_427 = val.replace(/\D/g, '');
if(form_field_427.length > 3 && form_field_427.length 5){
var val3 = form_field_427.slice(0, 3);
form_field_427 = val3+'-'+form_field_427.slice(3, 5)+'-'+form_field_427.slice(5);
}
var val2 = form_field_427.slice(0, 11);
$(this).val(val2);
});
$('input[name="form_field_427"]').on('blur', function(){
var form_field_427 = /^\d{3}-\d{2}-\d{4}$/;
var val = $(this).val();
if(!form_field_427.test(val)){ $(this).focus(); }
});
$('input[name="form_field_448"]').on('input', function(){
var val= $(this).val();
let form_field_448 = val.replace(/\D/g, '');
if(form_field_448.length > 3 && form_field_448.length 5){
var val3 = form_field_448.slice(0, 3);
form_field_448 = val3+'-'+form_field_448.slice(3, 5)+'-'+form_field_448.slice(5);
}
var val2 = form_field_448.slice(0, 11);
$(this).val(val2);
});
$('input[name="form_field_448"]').on('blur', function(){
var form_field_448 = /^\d{3}-\d{2}-\d{4}$/;
var val = $(this).val();
if(!form_field_448.test(val)){ $(this).focus(); }
});
});
*/
$(document).ready(function () {
const ssnFields = ['form_field_139', 'form_field_406', 'form_field_427', 'form_field_448'];
ssnFields.forEach(function (fieldName) {
const selector = `input[name="${fieldName}"]`;
// Input formatting
$(document).on('input', selector, function () {
let val = $(this).val().replace(/\D/g, '');
if (val.length > 3 && val.length 5) {
val = val.slice(0, 3) + '-' + val.slice(3, 5) + '-' + val.slice(5);
}
val = val.slice(0, 11);
$(this).val(val);
// Remove error message while typing
const $error = $(this).next('.error-message');
if ($error.length) $error.remove();
});
// Validation on blur
$(document).on('blur', selector, function () {
const val = $(this).val();
const isValid = /^\d{3}-\d{2}-\d{4}$/.test(val);
const $error = $(this).next('.error-message');
if (!isValid) {
if ($error.length === 0) {
$(this).after('');
}
//$(this).focus();
$('html, body').animate({
scrollTop: $('.loan-v2-error').offset().top - 100
}, 500);
} else {
$error.remove();
}
});
});
});
$(document).on('change', 'input.add_owner_1', function(){
if($('input.add_owner_1:checked').length > 0){
$('.add_owner_1').removeClass('light_cls');
$('.add_owner_1').addClass('dark_cls');
$('.add_owner_1').find('label').css('background','#0a1f3');
$('input.add_owner_2').prop('checked', false);
$('[data-parent-id="421"]').hide();
//$('input.add_owner_3').prop('checked', false);
$('[data-parent-id="442"]').hide();
}else{
$('.add_owner_1').removeClass('dark_cls');
$('.add_owner_1').addClass('light_cls');
$('input.add_owner_2').prop('checked', false);
$('[data-parent-id="421"]').hide();
$('input.add_owner_3').prop('checked', false);
$('[data-parent-id="442"]').hide();
//$('.add_owner_1').find('label').css('background','#080808');
}
});
$(document).on('change', 'input.add_owner_2', function(){
if($('input.add_owner_2:checked').length > 0){
$('.add_owner_2').removeClass('light_cls');
$('.add_owner_2').addClass('dark_cls');
//$('.add_owner_2').find('label').css('background','#0a1f3');
$('input.add_owner_3').prop('checked', false);
$('[data-parent-id="442"]').hide();
}else{
$('input.add_owner_3').prop('checked', false);
$('[data-parent-id="442"]').hide();
$('.add_owner_2').removeClass('dark_cls');
$('.add_owner_2').addClass('light_cls');
//$('.add_owner_2').find('label').css('background','#080808');
}
});
$(document).on('change', 'input.add_owner_3', function(){
if($('input.add_owner_3:checked').length > 0){
$('.add_owner_3').removeClass('light_cls');
$('.add_owner_3').addClass('dark_cls');
//$('.add_owner_3').find('label').css('background','#0a1f3');
}else{
$('.add_owner_3').removeClass('dark_cls');
$('.add_owner_3').addClass('light_cls');
//$('.add_owner_3').find('label').css('background','#080808');
}
});
// need
$(document).ready(function(){
$('input[name="form_field_126[]"]').on('change', function(){
if($(this).is(':checked')){
$(this).val('Yes');
} else {
$(this).val('');
}
});
});
$(window).on('load', function() {
if(loadpage){
$('input[name="form_field_153"]').val('');
$('input[name="form_field_484"]').val('');
$('input[name="form_field_487"]').val('');
$('input[name="form_field_490"]').val('');
}
});
Steps to Establish Business Credit (Even If You’re a Startup)
If you’re just starting out, you may not have a business credit score yet. The good news? You can build one from scratch with these steps:
- Form a Legal Business Entity: Register as an LLC or corporation to separate business and personal credit.
- Get an EIN (Employer Identification Number): This acts as a business Social Security number.
- Open a Business Bank Account: Keep business finances separate from personal funds.
- Register with Business Credit Bureaus: Dun & Bradstreet, Experian, and Equifax track business credit history.
- Apply for a Business Credit Card: Choose a card that reports to business credit bureaus.
- Work with Vendors That Report Payments: Building trade credit with suppliers helps establish your score.
How to Improve Your Business Credit Score Fast
If you already have business credit but need a higher score, these strategies can help. Consider options like invoice factoring to maintain steady cash flow while building credit.
- Pay Bills Early or On Time: Late payments damage your credit, while early payments boost your PAYDEX score.
- Keep Credit Utilization Low: Aim to use less than 30% of your available credit.
- Monitor Your Credit Reports: Check for errors and dispute any inaccuracies.
- Limit Hard Inquiries: Too many credit applications in a short time can lower your score.
- Build a Credit Mix: Having different types of credit (loans, lines of credit, trade accounts) shows lenders you can manage debt responsibly.
Common Business Credit Mistakes to Avoid
Building business credit takes time, but missteps can set you back. Avoid these common pitfalls:
- Mixing Personal & Business Finances: This can make tracking expenses difficult and hurt your business credit.
- Missing Payments: Even one late payment can lower your score.
- Applying for Too Much Credit: Frequent applications can be a red flag to lenders.
- Ignoring Your Credit Reports: Errors happen, and if you don’t check, you won’t catch them.
- Not Using Credit at All: A lack of credit history can be just as bad as a low score.
Best Practices for Long-Term Credit Management
Once you’ve built a strong credit score, maintaining it is key. Here’s how:
- Make Payments on Time: Set up reminders or autopay to avoid late fees.
- Use Credit Responsibly: Borrow only what you can repay.
- Increase Credit Limits When Possible: A higher credit limit with low utilization strengthens your profile.
- Reassess Your Credit Needs Regularly: Your business will evolve, and so will your credit requirements.
How Good Credit Helps You Secure Better Business Funding
Strong business credit gives you more leverage when seeking financing. Lenders and investors prefer businesses with established credit histories. Here’s how a good credit score benefits you:
- Higher Loan Amounts: Access to larger funding for growth.
- Lower Interest Rates: Save money on financing costs.
- More Financing Options: Qualify for traditional loans, lines of credit, and SBA loans.
- Stronger Vendor Relationships: Secure better terms and discounts with suppliers.
Fuel Your Business Growth: Apply Now for Quick Access to Capital!
See How Much Capital Your Business Can Access & Start Growing Today!
Apply NowFinal Thoughts
Building business credit isn’t just about getting loans—it’s about creating financial stability and unlocking growth opportunities. Whether you’re starting from scratch or improving an existing score, following these steps will put your business in a stronger position.
Need funding to grow your business? Apply today or call 877-400-0297 to discuss your financing options.
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