Do I need an EIN or federal tax ID number in order to get credit in the name of my business?

No, you do not need an EIN or a federal tax ID number in order to apply for credit in the name of your business. You can just use your social security number.

If you would like to request a federal tax ID number, please contact the Internal Revenue Service for Form SS-4. You can download this form from the IRS web site at www.irs.gov/pub/irs-pdf/fss4.pdf. If you would like more information on establishing and building a new business, you can visit the Small Business Administration website at www.sba.gov. For more information on taxes related to starting a business, please visit the IRS's business tax site at www.irs.gov/businesses and your local tax attorney.

Provided by:

First Equity
First Equity is a leading credit card provider specializing in the provision of bankcards to the nation's small businesses.

• What are the advantages for maintaining business credit separate from personal credit?
• What are the key features of a commercial credit line for my business?
• Are the costs of business credit tax deductible?
• What is the most convenient type of credit for my business?