Seasoned Credit
|
Seasoned Credit
Businesses that have been in place for a length of time and have shown responsibility with their business finances are said to have seasoned credit. This basically means they have the ability to get the credit they need from a variety of different lenders. It isn’t an issue of getting the funding but an issue of who can offer them the best terms and rates for that funding.
Being classified as a business with seasoned credit means you have done well handling your business accounts. As a reward for that you are able to get business credit cards, loans, and lines of credit at a very low interest rate. This will help you to keep your business expenses even lower.
Seasoned credit is a ploy some people use to get money from hard working business owners who aren’t able to establish credit on their own. This type of scam works by the business that has seasoned credit applying for the funding the other business needs. Another contract is designed that offers the funds to the business that couldn’t secure them.
However this type of transaction comes with additional fees and a high interest rate. It is never a good idea to get yourself involved in such terms when you are trying to build business credit. Going about it the right way will take longer but in the end you will have seasoned credit and you can use it to your advantage for your business operations.
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)
|
|
|
|
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!
|
your email information will NEVER be sold, rented or traded. Period! |
|
Imagine Being Able To Open, Start, Buy or Expand
Your Business WITHOUT Begging a Banker,
Friend or Relative For Financing!
|
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.
|
