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Debt Consolidation Can Be Essential To Your Credit Repair By Nikola Govorko Each on us has a particular financial position, and most of us have some kind of debt to return. It can mean both, the big home loan or a small credit card bills. It actually means that all of us Read more...
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Resources
How to Find Bad Credit Credit Cards By Morgan Hamilton For a person struggling with their credit, it may seem like there are no decent bad credit credit cards. There are bad credit credit cards, but they are not always advertised as such. Many times a Read more...
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Resources
Avoid the Pitfalls of Balance Transfer Credit Cards By Morgan Hamilton Balance transfer credit cards can be quite a temptation for a lot of people. People can now transfer the entire balance from other credit cards to balance transfer credit cards. These credit cards Read more...
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recognition: approval; "give her recognition for trying"; "he was given credit for his work"; "give her credit for trying"; "the credits were given at the end of the film"
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#Welcome to
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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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Here are some more quality articles in several
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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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