Seasoned Credit
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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.
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!)
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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
Hello Patti and Rob
My husband and I both read the email report. We then argued over some of the points you discussed. My husband talked me into buying a copy of your book, I was skeptical. We are both delighted we did. We are taking baby steps and looking forward to "that next knock on our door".
Thank you
Briana J.
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