Establish business credit with GMAC and keep business debts separate from personal obligations while keeping your personal credit intact.
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, June 30, 2009
Entrepreneurs and small business owners who have a separate legal entity for their business have a unique opportunity that no other individual or sole proprietor has. It’s the opportunity to start business credit by establishing a business credit profile that is completely separate from a personal credit profile.
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Monday, March 1, 2010
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