---
updatedAt: 2025-09-09T14:16:04.000Z
agentTools:
  projectIndex: https://developers.bloomcredit.io/llms.txt
---

# Business Reporting

Reporting business accounts to both consumer and business bureaus.

When reporting credit obligations that involve a business, it’s important to **correctly identify who is contractually liable.** There are two distinct reporting paths depending on whether the consumer or the business is the primary borrower.

## **Consumer with a Business Account**

In this case, the consumer is contractually liable for the account (e.g., joint borrower OR co-maker or guarantor).

* The consumer is reported as the primary borrower, and the business is reported as the secondary party.
* The account type is a business credit card. Business information (name, EIN, address) must be included; otherwise, the account cannot be created.
* Statements and payment activity are reported as with any consumer credit account.

## **Business with a Credit Product**

The business itself is the primary obligor (e.g., a commercial credit card or installment loan).

* The business is created and reported as the primary borrower, with its EIN, legal name, and business address.
* A consumer (e.g., owner or guarantor) may be added as a secondary borrower.
* The account type is typically a credit card or installment account (not a “business credit card” type).
* Payment and balance reporting follows the same structure as consumer accounts.

> 📘 Why This Matters
>
> Accurate designation of the **primary and secondary borrower** ensures compliance with bureau reporting requirements and helps both consumers and businesses build the correct type of credit history. *Misreporting could lead to errors in tradeline creation, compliance issues, or failed submissions.*