Commercial Credit


Commercial Credit

Commercial credit provides you with a convenient way to manage your business expenses. There are several different forms of commercial credit including business credit cards, loans, and lines of credit. This is a great way to separate all of you business dealings from your personal credit and personal finances.

One common use of commercial credit is to allow employees to have a corporate credit card. This is used for business related trips so they can pay for hotel rooms, rental cars, meals, and other necessities while they are on official company business. You can get commercial credit cards set up where you have several credit cards for one account. This makes paying for such expenses easier and you don’t have to worry about the burden on the employee while waiting for you to reimburse them for their travel expenses.

It is important that you carefully monitor commercial credit. If you don’t pay your bills on time then it can affect your ability to get funding for your business in the future. There are commercial credit reports available from the credit bureaus so make sure you periodically review what is on yours. Commercial credit can be a valuable tool for your business but only if it is used wisely.


The statistics don't lie!

Most new business fail within a year. The number one reason for this failure is "lack of adequate financing"

A little insider information might be ALL that is standing between your VERY profitable business, and becoming just another statistic!

Before you spend a small fortune and all that energy creating a new enterprise, we suggest you take the time to put your financing in place BEFORE you need it!

Find out whether your corporate credit knowledge is up-to-date, or you are about to get blind sided by the banking system, like we did. (Things have really changed in the credit industry!)
Do you know how to get a LARGE amount of unsecured corporate credit?!

We didn't see it coming. We thought we knew the business credit system. We had our "professional" lawyer and accountant on retained. Then there was an unfortunate event that led us to sit down and publish this information. It is our hope that another unsuspecting entrepeneur won't be upset, or lose their dreams due to a lack of good, current information. To read more of that story click here

Patti & Robert Farnham
(authors of "Corporate Credit Power)
(Don't make the same mistakes we did! Of course, feel free to make your own new ones!)


More Corporate Credit Articles:

New Business Line of Credit
If you are interested in getting a new business line of credit you need to know what your options are. If you already have a business credit card that is in good standing then you should start with that lender for a new business line of credit. Since you already (click here for the complete "New Business Line of Credit" article.)



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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Imagine Being Able To Open, Start, Buy or Expand
Your Business WITHOUT Begging a Banker,
Friend or Relative For Financing!


Readers Comments

I have a friend who has no money, credit, etc but does have a great idea for a business (after working for a few companies in the same genre). He knows how to cut the corners his ex-bosses had to endure, has a good, original marketing plan, but like I said: no financing. After reading your info I know your latest book will do the trick for him. Glad you guys were there the first time; and it looks like this is a real winner too. Keep me posted if you write anything else.
Thanks again,

Gord B.






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