Advantages of Corporate Credit
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Advantages of Corporate Credit
If you are still dragging your feet about separating your business expenses from your personal ones you need to know there are plenty of advantages of corporate credit. It takes the burden off of you personal in the event your business is not successful.
While no one wants to think about that possibility it can happen. In addition to losing your business you certainly don’t want to see the lender taking your home or your vehicles to cover the unpaid balance.
One of the biggest advantages of corporate credit from a business point of view is that is given the business more credibility. Many investors and buyers won’t touch a business that doesn’t have its own means of credit established. It is simply too risky for them to do so. There are also tax advantages to corporate credit that you need to find out about. They vary according to the type of business you operate and the amount of money you earn.
Unfortunately, there are not college courses teaching "How To Build Real Corporate Credit". (And if there are, they are probably taught by someone who's never owned their own business!)
The statistics don't lie. Most new businesses fail due to "lack of proper financing". We became frustrated after being blind sided by a credit system we thought we understood. Sometimes it's just a lack of insider information that causes problems, and the unfortunate consequences. Not getting the proper information and building reserve financing BEFORE you need it can be the kiss of death for many new enterprises!
To read the complete story of our business credit mis-adventure click here
It is our hope that this inside inforamtion might stop the growing statistics of business owners losing their dreams. So, before you spend your hard earned money designing, starting and building your buiness, we urge you to get ALL your financing in place first, starting today!
There is a LARGE majority of well meaning, hard working business owners who simply aren't aware of the "insider secrets" to obtaining HUGE amounts of unsecured corporate credit, without personal guarantees. If you would like to know what caused us to sit down and write out this information, click here to read that story.
Patti & Robert Farnham
(authors of "Corporate Credit Power)
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FREE REPORT!
"Do You Know The Real Difference
Between Business Credit and
True Corporate Credit??"
(the information most local banks and credit card issuers are desperately hoping you won't discover!)
| Simply fill out your name and primary email address. You will receive immediate access to this eye opening information!
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your email information will NEVER be sold, rented or traded. Period! |
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Imagine Being Able To Open, Start, Buy or Expand
Your Business WITHOUT Begging a Banker,
Friend or Relative For Financing!
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Readers Comments
Patti and Rob,
Thank you very much for the interesting and enlightening ebook regarding
corporate credit.
Your offer to me to purchase this book came at the exact time that my
husband and I needed some help.
We formed an LLC in December with the intent of opening a sports pub and
grille. We have good personal credit, but were unable to secure enough
financing under our LLC for our projected $250,000 restaurant project.
Only a $10,000 SBA loan through a local bank, and, actually, I'm not
sure that wasn't with a personal guarantee!! We had been thinking very
seriously about using credit cards to secure the $100,000 we still need,
but, after reading your book, have completely reconsidered. Knowing
that we can build corporate credit prior to opening our business is so
reassuring.
We now plan on using your steps over the next several months and waiting
until we can totally use corporate credit to move forward with our
restaurant or any other business.
I feel very relieved and so much better now that I have a plan of action.
Thank you both so much!!
Rosanne B.
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