how can i establish credit for my new buisness without using my personal credit?

Answer 1

First make sure you have adequate separation between your business and person. This usually means incorporation.

It's possible to "pierce the corporate veil" if you are not careful, basically this means that creditors can come after your personal assets for business defaults.

Assuming you have that squared away.

Start with easy to get things like store credit cards (like at Office Depot.)

After you've built up a credit history with those, you should be able to negotiate terms with other vendors and get small loans from banks.

Make the minimum payments on these loans (and on the credit cards) This builds credit better than paying off the entire balance at once. (Something to do with perceived ability to manage cash flow.)

That should get you started.

Answer 2

http://www.corporatecredit.biz/
Establishing corporate credit for a business is a process that should be established over time. The older the business the more options the business will have to build corporate credit and obtain loans and leases without the use of personal guarantees. It is not easy to do this, but yet it is not impossible. The first step is to start building the corporate credit today.

Business Credit Services has developed a unique patent pending process that compresses the normal 3-4 years of building corporate credit down to only 3-4 months! The goal is to establish a credit score of 75 or better. In comparison a corporate credit score of 80 is like having a personal credit score of 800, that's excellent credit.
http://smallbusiness.yahoo.com/r-article-a-2274-m-2-sc-53-the_abcs_of_business_credit-i

Answer 3

Set up a bank account immediately in the business name, open and pay all utility accounts on time from that account. Contact Dun & Bradstreet who monitor credit for businesses and advice them of your business tax id number and your company name and they will open a credit file for your business and then start making regular timely payments from your business a/c and within six months your business credit will up and running.

Answer 4

Start a L.L.C.