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Separating Your Personal Credit From Your Business Credit!
By Trent Lee
Did you know that almost 9 out of 10 business owners start a business based off of their personal credit! They use their own saving to invest as start up capital then they personally guarantee Read more...


 

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An Introduction to Automotive Credit Cards
By Morgan Hamilton
Credit card rewards have been around for quite some time now and they are quite popular. There are many to choose from and one of the newest is automotive credit cards. These cards pair automotive Read more...
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The Importance of Using Student Credit Cards Wisely
By Morgan Hamilton
Are you familiar with student credit cards? These credit cards are meant for college students, and are easier to get than regular credit cards. They can help a student establish credit, but they can Read more...
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Low Interest Credit Cards: Still Available?
By Joe Hanoa
Back during the early part of this decade when interest rates were at historically low figures, a whole rash of low and zero percent credit cards were offered by major banks and financial Read more...

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

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Separating Your Personal Credit From Your Business Credit!
By Trent Lee
Did you know that almost 9 out of 10 business owners start a business based off of their personal credit! They use their own saving to invest as start up capital then they personally guarantee business loans and lines of credit.

If you know how to separate your personal from your business you can separate the personal liability from the business. There is a simply and proven path to establishing business that must be followed if you are a business owner.

By establishing business credit, your chances of obtaining business financing will increase by over 250%!

As an expert in building business and the business industry, it has been my experience that less then 5% of entrepreneurs or business owners truly know what business is and how to establish business credit.

Last month I was speaking at a real estate investment seminar and was not surprised by how many business owners in the room came up to me afterwards and expressed their concern for starting a business incorrectly by not separating their personal from their business credit.

Many of them mentioned that they had anywhere from 3-9 properties in their personal name, which was negatively effecting their personal history. We spoke about the many benefits of business credit, mainly, the possibility of purchasing real estate under the corporation name without it showing up on their personal

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report.

We spoke about the possibility of obtaining additional financing to fund their real estate deals or other businesses. The one thing everyone had in common was not enough funding! They knew what to do with the funding; they just were not able to obtain it.

By establishing business you will be able to literally obtain unlimited financing and eventually obtain it without a personal guarantee!

One thing is certain, if you don’t establish business you damage your personal credit, put your family at risk and dramatically lower the possibly of funding and business success!
Corporate Credit Concepts makes it easy to establish business credit. To obtain your free report on how to build business credit and obtain Unlimited Financing click here. www.freecorporatecredittips.com



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