Changing Your Business Address - Business Credit 2020

Are you changing your business address? In this video learn what agencies, listings and business credit reporting agencies you need to notify.

Whether you’re changing your physical business location or business mailing address, there are important steps that need to be taken.

Some of the reasons a business changes its address is by moving to a new location, setting up a virtual office, moving to a new state, etc.

Be sure you notify federal, state, and local agencies when you change your business address. You can easily update your business filing by visiting the corporation’s division for the state which you incorporate in.

For our Business Credit Card Funding program go to https://businesscreditbuilders.org/business-lines-of-credit/

For our Step-by-Step Business Credit Building system go to https://businesscreditbuilders.org/

Once you change your business address it’s important to obtain a new EIN confirmation letter. It typically takes 4-6 weeks to process the change and receive a new EIN letter via the mail. However, to speed up the process you can contact the Business & Specialty Tax Line to request one via fax.

Another step is updating your business address with any agency your company has a license or permit with. This can be a professional license, sign permits, sales license, etc. You will want to make sure you update your address on the federal, state and local levels.

Changing your business address also requires that you update your business financial accounts such as business bank accounts, merchant accounts, investment accounts, and any loans or credit lines established with lenders.

In addition to financial accounts, your business accounts with vendors, suppliers, retailers, and service providers need to notified of your change of business address as well.

When you change your business address it’s crucial to notify the business credit reporting agencies such as Dun and Bradstreet, Equifax Small Business and Experian Commercial.

To update your company information with Dun and Bradstreet you will need to register with iUpdate. It generally takes 13-15 business days for changes to be seen in the Dun & Bradstreet Business Information Report.

When going through funding programs such as our business credit card funding, it’s essential that your business address is correct with all agencies, listings and documents.

For more information on changing your business address check out the following sites.

https://youtu.be/Kazbshy99lc
https://businesscreditbuilders.org/
https://businesscreditblogger.com/
http://virtualofficeplan.com