Need to build business credit but not sure where to start? It all begins with understanding what a DUNS number is, how to get one, and why it matters for your company’s future. We’ll walk you through the process of obtaining a DUNS number for free, explain how to register, and show how working with Dun & Bradstreet (D&B) can help establish your credit profile.
If you want to qualify for funding, attract larger clients, or simply show your business is legitimate, this step is essential.
What Is a DUNS Number?
A DUNS number is a unique nine-digit identifier for businesses, issued by Dun & Bradstreet. It stands for Data Universal Numbering System and is used to establish and track your company’s credit file. While the IRS uses EINs to identify your business for tax purposes, lenders and partners use DUNS numbers to assess creditworthiness and business legitimacy.
Who Uses DUNS Numbers?
DUNS numbers are widely used in the corporate and government sectors. Banks, suppliers, leasing companies, and even some clients may require your DUNS number before doing business with you. It’s also essential if you want to apply for federal contracts or grants. If your business works in B2B industries or government contracting, having one is practically mandatory.
Why You Should Establish a Business Credit Profile
Building a credit profile helps your company qualify for financing, better payment terms, and partnerships. By having a DUNS number, you create a public credit file with Dun & Bradstreet. Over time, as you pay vendors and creditors, D&B tracks your payment history and generates a score that others can see. It’s one of the best ways to separate your personal and business finances and prove your company’s reliability.
How to Get a DUNS Number for Free
You can request a DUNS number for free directly from Dun & Bradstreet. The process is straightforward. Once submitted, D&B will create your listing and issue a number, typically within 30 business days. You don’t need to pay anything to receive your number.
How to Register a DUNS Number and Start Building Credit
Once you obtain a DUNS number, it’s not automatically tied to your business credit activity. To start building credit, you need to subscribe to D&B services. Through this relationship, they begin monitoring how your company pays its bills and interacts with vendors. Over time, this builds your D&B credit profile, which can be used to apply for financing or prove creditworthiness to suppliers and customers.
Gain Insight Through Your Relationship with D&B
Establishing a relationship with D&B gives you access to tools and reporting that can help manage risk and guide decisions. You’ll gain visibility into how your business appears to others and can use those insights to improve your credit profile. As your business grows, this credit history becomes more valuable for scaling operations and securing partnerships.
Supporting Your Business Identity
Just like your NAICS code helps classify your business by industry for statistical and economic purposes, your DUNS number helps establish your company’s credit identity. For more on NAICS classification, visit NAICS Association.
Frequently Asked Questions
What is a DUNS number?
A DUNS number is a unique nine-digit identifier issued by Dun & Bradstreet. It’s used to establish a business’s credit file and is commonly required for loans, contracts, and vendor relationships.
Where can I find my DUNS number?
You can search for your business in D&B’s database or request it through their website. If your business has been operating for some time, it may already have a DUNS number assigned.
Is a DUNS number the same as an EIN?
No. An EIN is issued by the IRS for tax purposes. A DUNS number is issued by Dun & Bradstreet to track business credit activity. Both serve different functions.
Do all LLCs have a DUNS number?
No, not automatically. LLCs must apply for a DUNS number through Dun & Bradstreet. It is not assigned when the business is formed or registered with the state.
Who qualifies for a DUNS number?
Any legally registered business entity – LLCs, corporations, nonprofits, and even sole proprietorships – can apply for a DUNS number through D&B.
How do I register for a DUNS number?
You can register for a DUNS number for free through Dun & Bradstreet’s website. The process typically takes a few weeks unless expedited services are requested.
Do I already have a DUNS number?
If your business has been operating and engaging with vendors or lenders, there’s a chance you already have one. You can search D&B’s directory to confirm.