HOW TO BUILD AWESOME TRUE CORPORATE BUSINESS CREDIT

HOW TO BUILD TRUE CORPORATE BUSINESS CREDIT

By: Kaiim Daids

Narrated by: Virtual Voice

Length: 1 hr and 14 mins

Publisher's summary

In this ebook, we will be discussing building corporate business credit. True corporate business credit is the means of accessing higher lines of business credit, business funding, and working capital, along with vendor credit or trade credit, CASH LINES OF CREDIT as well. That is the ultimate goal, separate from your personal credit. True corporate business credit and how to build it properly is a task that takes much dedication, persistence, hard work, a certain length of time, depending on your ability to work the system and must be done right by professionals or by you in order to prevent your new or existing business from being red-flagged by the business credit reporting agencies. In this ebook, we will discuss the actual steps that are required to build true corporate business credit. There are differences between business credit and true corporate business credit, and we'll do our best to explain the differences in this ebook. When a business seeks to build true corporate business credit, in most cases, they go about it in the wrong way. In the beginning stages of building true corporate business credit, you may have to personally guarantee a loan or cash line of credit, but later on, the personal guarantee can be converted to a loan or cash line of credit without a personal guarantee. Building true corporate business credit is a process, and is earned. You don't just get funding out of the sky, and you will have to personally guarantee it until you've built a high enough corporate business credit score rating to warrant getting your funding without a PG (personal guarantee.) If you want to build true corporate business credit, and you truly desire to do it the right way, there is a very specific process involved that you must follow in order to build and maintain true corporate business credit status, and if you do not follow this step-by-step process, you will almost always have to personally guarantee every business loan or vehicle lease or credit card that you will ultimately obtain for your business. By following this step-by-step procedure, you will build true corporate business credit that will astound you, and which will also give you a competitive edge over your competition. Just remember that there are no quick fixes or overnight solutions for building true corporate business credit. To emphasize, the biggest difference between business credit and true corporate business credit is this, business credit requires you to personally guarantee every loan, lease, or credit card that you obtain. That is the type of business credit game that potential lenders and banks want you to play. The lenders want you to personally guarantee everything, but there is another way to do it. An important note: Before you begin to build and establish true corporate business credit, you need to make sure that your corporation or LLC has a unique name that reflects your business and its activity. We'll discuss this a little more in detail below. Let's get started with the actual systematic process needed to establish and build your corporate business credit.   Once again, remember that this is a process and that you need to be registered with all the major players in the credit industry to truly qualify for true corporate business credit, and any kind of true corporate business credit funding. Don't allow anyone to tell you otherwise. If you are not registered with Dun & Bradstreet, Experian Business, and Equifax Business, don't even try to qualify for corporate business credit!