Credit Line for Corporation
Credit Line for Corporation
Having to go through the process of applying for funds each time your business needs them can be a time consuming process. One good alternative is to establish for credit line for corporation use only. This is a type of funding source that allows you to have a maximum limit of funds you can access. With a credit line for corporation you can decide when you want to access the funds. It can be a portion of the credit limit or the entire amount depending on your needs.
With a credit line for corporation use you will only pay on the account when you have a balance owed. The amount of your payments will depend on the balance you have on the credit line at that time. It is very important that you find out how much your payments will be so that you know you can cover them. In most cases the payments due are a set percentage of the amount of the credit line for corporation use that has been accessed.
It is sad that many unsuspecting new entrepreneurs don't know a few simple credit things that could mean the difference between a "Going Out Of Business" sign, or a "We Are Hiring and Expanding" sign displayed in the window of their new business.
If you are thinking about trying to create a profitable business, or struggling to make your current business grow, please take a few minutes to read our story, and learn from our mistakes.
click here to read more!
If you would like to learn the difference between "business credit" and "real corporate credit" click here
Please take the time to get your financing in place BEFORE the next big wealth creation opportunity knocks on your door, and you are forced to turn it down. There is a way to take advantage of future opportunities, if you start today!
Patti & Robert Farnham
(authors of "Corporate Credit Power)
More Corporate Credit Articles:
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
(click here for the complete "Commercial Credit" article.)
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"Do You Know The Real Difference
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True Corporate Credit??"
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Imagine Being Able To Open, Start, Buy or Expand
Your Business WITHOUT Begging a Banker,
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Dear Rob & Patti,
I've completed the e-book, and found it to be the best instructional
guide to corporate credit that I've ever read. This is truly a
God-send. I was at a crossroads in my business endeavours, but you've
given me one of the most importants keys I'll ever need. Just like you,
I've talked to 'bankers' and 'experts' who advised me to obtain this or
that credit card, only to realize that it's really just a glorified
personal credit card that's not doing a thing for my business credit. I
was so pleased with your product and straight-forwardedness, I'm even
going to purchase another copy of your ebook and forward it to a dear friend (and
brother-in-law) of mine.