Corporate Credit

Corporate Credit

Corporate credit works in much the same aspect as personal credit. The difference is that it is approved based on the merit of the corporation. You have to be able to show the corporation is a separate entity from your personal income. You also have to be able to prove the corporation is able to repay the terms of the money borrowed based on the earnings.

It is very important for a business to be able to qualify for corporate credit. This funding can help to purchase new equipment, expand the business, and market new products or services. It is very important to keep the corporate credit rating very high by only borrowing what you need and paying your creditors on time.

If you use corporate credit to your advantage when it comes to vendor agreements you can save a substantial amount of money. It is very common for vendors to offer corporations net terms of 30, 60, or 90 days. Many of them will offer a discount of up to 10% if the bill is paid in full before that time period in order for them to have a steady cash flow. Corporate credit is very important to the success of your business so use it wisely.

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.

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Readers Comments

Hi
Please feel free to send me anything you two write! I read the free report and immediately checked my business credit card. Bingo! Those sneaky bankers! You guys must be a lot of fun. Thanks for the heads up.
A future corporate credit mogul!

Sandi A.