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...Monday, August 17, 2009
While many small business owners realize the benefits of starting business credit there are many mistakes that are made in the business credit building process. I felt that compiling a list of the most common mistakes I’ve seen throughout the industry can serve as a helpful guide to you.
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...Wednesday, June 17, 2009
Lending institutions want to lend money because it's the way they make money. However, they only want to lend money to a borrower who is able to repay the loan on time and in full. When deciding to extend credit to a business lenders use the ‘Four Factors for Lending Approval'.
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Tuesday, September 1, 2009
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