Business Credibility To Build Business Credit
Every business owner wants business credit and/or funding and they want it now. The great thing about business credit is the ability to accumulate access to credit lines and cash far beyond what you could do with your personal credit, even if you have an 850 FICO.
Building Corporate/Business Credit properly is a very unique and powerful system, when properly followed and applied. You see, there are tons of creditors out there and they have just as many guidelines and hoops for a business owner to navigate to gain credit or funding.
Almost all lenders keep their underwriting guidelines secret. As a result, most business owners who apply for financing are denied as they don’t meet some of the lenders’ requirements for approval.
Most business owners are not aware of these guidelines, and worse yet, if they do know there are guidelines they do not know how and where to get started meeting these guidelines.
The guidelines start by painting a real life, operational looking business with a serious business owner at the helm. Yes, that is you.
We not only sift through the many creditors and determine which are good ones and which are best at what time line in your process, but we can assist your business with filing for the proper corporate entity, helping you in setting up a virtual address, obtaining a phone number, fax number, and toll-free number. We also assist you in setting up a proper email address, get your website up and running, insuring you have the proper licensing, and more; and that is all part of step #1. For those who need a merchant account, we even help your business secure a merchant account to accept credit cards.
Your business will be assisted with our certified business credit coaches who will hold your hand as they help walk you and your business through the business credit building process, and later on through the funding approval.
Our team will call you every week for the first 12 months to make sure that you are moving along and on the right track. You can call in any time you need help or have a question. By utilizing our team, and expert business advisors, you insure that all of your business credit guidelines are in place, which will help you down the line to gain that funding approval.
We help your business get approved for new credit in the business name, and we make sure that the creditors report to the appropriate business credit reporting agencies. Much of this credit can be obtained with no personal credit check, and with no personal guarantee required from the business owner, thus eliminating the owner’s personal liability.
The first step in building business credit is to get approved with 5 Net 30 vendors who will give your business credit, and who reports to the business credit reporting agencies. Once your business is approved and begins to use those accounts, the accounts are reported and will become the initial trade lines on the business credit report.
As long as the business pays its bills timely, your business will start building and earning exceptional business credit scores that will help it start getting approved for more revolving credit cards.
Through us, your business has the largest selection of vendors from which to choose; and most of those vendors will approve the business for credit even if your business is a brand-new startup. With the major sources with which we supply businesses, you can easily find the vendors you want to use to help build your new business credit.
Each one of the vendors in our Corporate Credit System offers extensive details about their company, reporting, and underwriting criteria. You can see the bureaus that each vendor reports to, you can learn about the products and services each vendor offers, and you can review the vendor’s actual underwriting guidelines so you will know you can be approved before you even apply.
Once the new vendor credit is reported to the business reporting agencies your business then receives a business credit score. We then help you leverage your newly built business credit profile and score to get approved for even more revolving business credit cards.
Our goal is to help you secure between $50,000 and $250,000 in credit lines within the first year. Of course, this is assuming you follow this proven system and take advantage of our exceptional coaching and hand holding we offer you.
