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Bad credit mortgage tides over a poor credit history By Keith Gill Applying for a mortgage or a home loan is fraught with difficulties. You need to have a good credit history if you want your loan application process to be completed smoothly. But, for those with a Read more...
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Resources
The Power of Balance Transfer Credit Cards By Morgan Hamilton Have you given in to the temptation of balance transfer credit cards? You will be able to transfer the balance off other credit cards to balance transfer credit cards. You will then benefit from Read more...
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Resources
Understanding Your Credit History By Philip Nicosia Very few people actually understand their credit score or how it affects their ability to get future credit. They fall behind on their credit card payments, max out their cards, get even more credit Read more...
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Refers to that part of double entry bookkeeping that mirrors debits.
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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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