Establish Your Business & Credit Bluprint Startup Finance will show you how to start with no credit profile, get small credit cards to initially build your credit score, then as your credit grows you can use it to qualify for loans A business itself can start with nothing, put small credit accounts on their EIN number that will report called “vendor” accounts to establish a score, then that credit can be used to qualify for loans, auto vehicle financing, even mortgages. With both personal and business credit built the business owner has double the borrowing power as the owner now has two profiles they can use to obtain credit. Far too many business owners get into serious trouble, lose their personal assets, even file personal bankruptcies, all to get rid of business debt, with business credit this doesn’t need to happen When business credit is built properly it is very practical for a business to qualify for credit within 90 days or less. Business credit is one of the strongest assets any business can have. Personal Finance Success System Establish Business Properly 20 point Compliance Assessment Establish Relationships with Private, Banking and Underwriters for Funding
Posted on: Thu, 31 Jul 2014 13:01:56 +0000
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