In the past during good economic times you may have become accustom to using personal credit cards to finance purchases, equipment, and even payments to suppliers or vendors when starting and operating your business. Unfortunately times have changed for business credit for small business and what has become a shocking reality to many are the ramifications [...]
Continue reading...Tuesday, September 1, 2009
Small business owners and real estate investors have similiar questions when it comes to business credit with bad personal credit. Learn what you can do despite existing credit problems that can provide your business all the credit it needs starting today.
Continue reading...Thursday, August 13, 2009
Statistics show that over 65% off all small businesses use credit cards on a regular basis; but the problem is less than half of those credit cards are actually in the business name. The others continue to use the owner's personal credit cards for business transactions. Using your personal credit, also known as you're "Consumer Credit Profile," instead of establishing Business Credit is a bad idea on many fronts.
Continue reading...Tuesday, July 21, 2009
As a business owner, you have four real choices when it comes to business structures for building business credit, and two bad choices.
Continue reading...Sunday, July 12, 2009
One of the mistakes that I see business owners make when attempting to build business credit is not paying attention to details. I want to provide you a business credit tip that can help improve your chances of getting approved for loans, credit cards, and lines of credit for your business.
Continue reading...Thursday, July 2, 2009
During tough economic times many business owners are faced dealing with tough personal credit challenges. As a result they have to resort to liquidating assets or applying for bad credit business loans just to keep their businesses afloat. These hard money lenders have no problem charging outrageous fees and interest rates for taking on the risk but there are alternatives to bad credit business loans.
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Tuesday, October 20, 2009
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