A D-U-N-S number is free to get, and you may apply for one online or by phone with Dun & Bradstreet. This procedure takes around 30 minutes to begin and about 30 days to complete.
What Exactly Is a DUNS Number?
A Data-Universal-Numbering-System (D-U-N-S) number is a one-of-a-kind identification number provided by the credit reporting firm Dun & Bradstreet (D&B) that is used to monitor company credit.
A DUNS number is a nine-digit identification that is used to identify enterprises all around the globe. Since the 1960s, Dun & Bradstreet has employed this technique for commercial credit reporting. The numbers are allocated at random and have nothing to do with company type or other categories.
Lenders and suppliers may use your DUNS number to look up and analyse your company’s D&B rating. This rating functions similarly to a credit score for your company.
The Advantages of a DUNS Number
There are several advantages to having a D-U-N-S number given to your company:
Corporations and other organisations all across the globe may identify your company. The D-U-N-S database system is widely recognised.
Maintaining a high Dun & Bradstreet PAYDEX Score (a credit worthiness score ranging from 0-100) ensures that banks and suppliers conduct business with you more swiftly.
You may develop, discover, and improve your company’s credit score. With a D-U-N-S number, you may check up your company’s credit rating and utilise the information to make business choices.
Your company will be able to enter into contracts with suppliers that need partners to have a D-U-N-S. To conduct business with the US government and many other organisations, you must have a D-U-N-S number.
Your D-U-N-S number is often required when applying for grants and loans for your company. This is a requirement for most banks, and it also applies to government handouts.
Important: Because company credit is not protected by the same regulations that protect personal credit, anybody may access your business information after you apply for a D-U-N-S number.
How to Obtain a Free DUNS Number
A DUNS number may be obtained for free online. To apply, you must first collect some information and then check to see whether you already have a DUNS number. You probably already have a DUN number if you’ve applied for credit from a vendor, lender, or creditor that reports to Dun & Bradstreet.
Once you have completed this step, your application may take up to 30 days to be processed. If you want more assistance, please contact Dun & Bradstreet at (844) 260-1439.
Data Required to Apply for a DUNS Number
It is fast and easy to apply for a free D-U-N-S number online. When visiting dnb.com, you will need the following information:
Your company’s legal name
Any Doing Business As (DBA) information or other names under which your company operates.
Your company’s headquarters’ physical and postal addresses, as well as phone numbers
Title and name of the person in your organisation who will be contacted
The number of workers in your company
Whether or whether your company is headquartered at home
Determine whether you have a DUNS number.
In certain situations, a DUNS number may already exist for your company, thus dnb.com will do a search before generating a new one. This may happen if another corporation, for example, searches the database for your company.
Navigate to the Dun & Bradstreet website.
Hover your mouse over the “D-U-N-S Number” header at the top of the home page.
Select “Get a D-U-N-S Number.” This will take you to the lookup and creation page for DUNS numbers.
After you provide the required information, Dun & Bradstreet will notify you whether your company already has a DUNS number.
Note: The site will require you to provide the relevant contact information mentioned in the previous step as well as your main purpose for getting a DUNS number for your firm.