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Corporate Business Credit: 3 Crucial Questions You Must Ask BEFORE Hiring Any Company To Build Your Corporate Business Credit

admin — Sat, 06 Aug 2011 01:18:40 +0000

Hiring a Corporate Business Credit Builder is a scary step for most business owners.

Moreover, in today’s credit environment banks have been getting more and more stringent with their lending requirements.

Most small business owners are starving for cash and business capital and unfortunately this environment has led to several unscrupulous corporate business credit providers taking advantage of desperate business owners seeking corporate credit.

When hiring a professional corporate credit builder you must be extra careful who you deal with. Here are 3 crucial questions you must ask any company before hiring them to build your lines of corporate business credit.

Corporate Business Credit:

Crucial Questions

CAUTION: Failure To Ask The Following 3 Questions Will Likely Put You At Risk Of Being Taken Advantage Of And Prove To Be A Very Costly Lesson! (trust me I’ve been there!)

Corporate Business Credit Crucial Question #1: (are they really on your side?)

How Does The Company Get Paid?: The best corporate business credit building firms only get paid if they actually get you results. Before dealing with any company ask them how they get paid. Is there an upfront fee?

If there is how much of the total fee is paid only after they are successful in acquiring corporate business credit lines for you.

When you’re dealing with a really good corporate credit builder they will not charge you at all until after they produce results. If they don’t get you corporate credit then they simply don’t get paid!

With this payment arrangement you know they are on your side and have YOUR best interest in mind. (Make sure they’re playin’ for the right team!)

Which Type Of Credit Will They Build For You #2: (all credit is not equal)

Will You Receive Trade Credit Or Cash Credit?: This is one of the biggest rookie mistakes people make when they hire a professional corporate business credit builder.

Many corporate credit companies prey on their client’s ignorance of the difference between “trade credit” and “cash credit”.

You’ll see outrageous advertisements like “Get a 300K Corporate Credit Line Within 30 Days With No Credit Check”. Beware of outlandish advertisements such as these.

Often when a corporate credit builder makes such claims they are talking about building you trade credit and not cash credit.

What’s the difference between Trade Credit and Cash Credit? (glad you asked!)

Trade credit can ONLY be used with one particular store or vendor. Trade credit is great if you need office supplies or computer equipment but it won’t do you much good if you need actual cash.

Like the saying goes… “Cash is King!”.

Corporate Business Credit Crucial Question #3: (never forget this one )

Can The Company Provide You With Referrals?: This should be a “no brainer” but it amazes me how many people pay for corporate business credit building services without getting referrals first.

Any decent corporate credit builder should be able to provide you with a list of happy satisfied customers. If they can’t provide you with referrals and satisfied customers then the odds are they DON’T have any satisfied customers!

Always ask for referrals before you pay them any money. If they can’t provide referrals then walk away! Beware of the corporate business credit pitfalls and sharks!

If you’d like more information on how to propery evaluate a corporate business credit builder BEFORE you hire them then give me a call at 1.800.398.0850 or check out my recommended provider below:

> Corporate Business Credit Provider <

“Always remember… “Rich People Send Their Money To Work So They Can Stay Home And Play!”

Murry Thurman, A.K.A. “The Passive Income Genius®” Phone: 1(800) 398-0850

Corporate Business Credit: Top 3 Deadliest Mistakes Most Entrepreneurs Make When Trying To Get Corporate Business Credit. Make These Mistakes and Your Dreams Of Getting Business Credit Will Be Toast!

admin — Tue, 26 Jul 2011 08:11:05 +0000

Getting access to corporate business credit is the fastest way to building and expanding ANY business.

It doesn’t matter what your business is. Whether it be real estate, a shiny new franchise, a restaurant, a home business or a network marketing business. It doesn’t matter…

Your business needs CAPITAL—————PERIOD!!!

As a matter of fact, in this crazy, sluggish economy getting your hands on Corporate Business Credit is even more important than ever. For many businesses accessing corporate credit is the difference between having a happy prospering company or folding up shop and ending up just another failed business statistic.

Sadly, most entrepreneurs make all the WRONG moves and terrible mistakes when trying to get corporate business credit. Here are the top 3 deadliest mistakes most entrepreneurs make.

Corporate Business Credit

*WARNING: Make These 3 Mistakes and Your Dreams of Getting Corporate Business Credit Are Toast!

Corporate Business Credit Deadly Mistake #1: (this is a big one)

Not separating your personal credit from your business credit – No… No… NO!!! Wow I simply cannot believe how many entrepreneurs make this mistake.

Never under ANY circumstances “personally guarantee” your “business credit”.

I don’t care what the bank tells you (it’s in their best interest to have you on the hook personally for any credit line in case of default) never, ever personally guarantee any business credit.

If you have to personally guarantee it then it’s not really “business credit” is it?

Let’s face it…

89.7% of new business start-ups fail within their first 6 months. The whole idea of having corporate business credit is so if your business fails you are not personally liable for any credit that was extended to your company.

You don’t want the bank attaching a lien to you personally and losing the house, your cars and the shirt off your back just because your business fails.

Corporate Business Credit Deadly Mistake #2: (this is almost as bad as the 1st)

Trying to get corporate business credit own your own and not hiring a professional – I’ve watched entrepreneurs make this nutty mistake time and time again.

It usually happens after you attend some fraudulent corporate credit, “guru” seminar where some fast talking “salesman” (pretending to be a corporate credit expert) hops up on stage and convinces you into buying his “super secret”, fast credit course for thousands of dollars.

Then like a hoodwinked jack ass you dive into the home study course and then run out trying to follow the steps in the course and build corporate business credit on your own…

By the way if you’ve fallen for that nonsense and tried building credit on your own, how’s that working out for you? (smile… yeah I’ve been there too)

You don’t have to tell me because in my early days I made that mistake myself and got absolutely no where just like you probably did. In fact, you may have even made your chances worse for ever getting business credit in the future.

Yes if you do the wrong things you can actually damage your credit files so badly it’ll take years for even a professional to get you corporate credit.

Don’t make that mistake. Hire a professional from the start and you won’t have that problem.

Corporate Business Credit Deadly Mistake #3: (drive too fast & you’ll end up in a ditch)

The final nail in your corporate business credit coffin is trying to build your corporate credit too fast. Just like when you’re dating that hot new girlfriend, if you try to move too fast you won’t get anywhere.

You’ll be DEAD before you even get started.

Building solid corporate business credit takes time just like romancing a lady…

Stop believing all the fast credit talking gurus!

Banks are not stupid (they were smart enough to get all the bailout money) so what makes you think some guru can out smart them?

Believe me if you try to take short cuts and outsmart the banks before it’s all over the banks will show you who is smarter.

Shady tactics like “piggy backing” another person’s or another company’s credit file in order to prop up your Dun & Bradstreet credit score may have worked back in 2004 when banks were giving away credit lines to anyone with a pulse but…

NOT ANYMORE!!! (sorry, those days are long gone)

Banks are strict and tight these days and if you don’t have every single item in order they won’t give you enough corporate business credit to finance a pack of bubble gum!

It won’t happen “overnight” (anybody making claims like that is lying to you) but If you work with professionals who know how to build corporate business credit the RIGHT way, you can actually see results very quickly but it is a process that needs to be performed correctly.

* If you’d like to find out more about building corporate business credit correctly and quickly then give me a call (1.800.398.0850) or check out my other blog posts and my exclusive recommended corporate credit professionals below:

Corporate Business Credit

If you found this post helpful then feel free to Speak YOUR MIND! Comment and tell me your thoughts…

“Always remember… “Rich People Send Their Money To Work So They Can Stay Home And Play!”

Murry Thurman, A.K.A. “The Passive Income Genius®” Phone: 1(800) 398-0850

How To Get Corporate Credit Fast and Generate Buckets Of Passive Income

admin — Fri, 22 Jul 2011 20:05:18 +0000

How To Get Corporate Credit : “Obtain Corporate Cash Credit to Generate Passive Cash Flow”

Corporate Credit is one of the biggest secrets and strategies the rich use to create cash flow. LEVERAGING good ole’ OPM (other peoples money) is a powerful wealth building tool.

Through my exclusive contacts and banking associates I’ve managed to negotiate special services for my subscribers only, with some of the best corporate credit providers in the business.

These specialized services are normally reserved for the most elite clients. This is a very powerful strategy for quickly building wealth and its actually very simple… “Do what the banks and large corporations have been doing for decades.”

(For example, a bank may pay you 2.5% interest annually on a savings account, but when you want to borrow money for an auto loan, they may charge you 10-16% interest to use those same funds.)

Here’s how this sneaky formula works…

This strategy utilizes financial leverage. Borrow at a low monthly cost and generate enough cash flow to pay your debt service and generate significant extra income.

How To Get Corporate Credit:

Step 1.

We Help you obtain Unsecured Corporate Credit (with minimal risk) to create a Passive Income business.

• Professional firm builds a strong business credit profile on an aged 4-5 year old corporation for you.

• Phase 1: They help you with providing a personal guarantor and then acquire you $10K-$100K in business funding.

• Phase 2: They acquire you $10K-$50K in personal funding.

• Phase 3: They get you access to SBA and Trade lines of credit. They do this without you signing a personal guarantee and without affecting your personal credit or FICO score.

What you get when they’re finished creating your corporate credit lines…

A Guaranteed Min. $20,000 – $250,000 in Business Lines Of Credit With The Following:

A Corporation with $150K-$350K in Bank Lines of Credit.
Trade and Vendor Lines of Corporate Credit.
Listing on Dun & Bradstreet with 85+ Paydex Score.
Federal Employment ID Number (EIN).
Corporate record book which includes Stock certificates & Corporate Seal.

You’ll also have your name listed as the only signature on the lines of credit accounts.

How To Get Corporate Credit

Step 2. “Do what the banks and large corporations have been doing for decades.”

Once Your Company is Funded With Corporate Credit Lines Your Company Invests in Tested, Verified, High Returning Passive Income Opportunities that return an interest rate substantially higher than your business debt costs.

Here’s Where Your Corporate Credit is used to create a Passive Income Business.

• As corporate credit is obtained, your company creates a diversified portfolio of verified, risk managed Passive Income Opportunities that have 3rd party verification.

• Ideally you’d like at least an average of 2% monthly ROI on your Business Capital (so your business debts are systematically serviced and eliminated.)

• Your ideal Passive Income business objective should be to obtain a net average of 4% – 6% monthly returns on your Business Capital working for you (as your business debts are systematically paid off.) If you achieve that, it could provide you, as the CEO, a substantial source of passive income.

• Balanceyour portfolio by diversifying funds into various asset classes (cash, low yield but safe products, high yield but managed risk products, insurance).

• As your business grows and more Risk Capital becomes available, you may want to add more aggressive verified opportunities to your business model to achieve growth. You should always maintain a cash reserve for emergencies and market fluctuation

* IMPORTANT: Never squander your corporate Risk Capital on depreciating assets (Hummers, Luxury Items, etc.). Later, when your business income supports your business expenses, feel free to indulge yourself, as the CEO.

Passive Income Opportunities:

A.) Select a diverse portfolio of qualified, verified proven Passive Income Opportunities for your business model that achieve returns higher than the cost of doing business and repaying corporate debt.

B.) Maintain liquidity and control of your business assets. (They should be held in your corporate name, where third parties cannot make withdrawals.)

C.)Never give control of your business assets to a 3rd party. (This eliminates the possibility of fraud, embezzlement, and getting “Madoffed”.)

D.) Target Passive Income Opportunities that focus on positive “cash flow”.

The Benefits of this Strategy Provides:

A.) You Get Passive income quickly with minimal effort. Watch your money grow in high returning products passively.

B.) Minimal Risk. You personally are not at risk if your company fails. The goal of a corporate shield is to separate your corporation from you. You are not your corporation and your corporation is not you. So, if corporate debt obligations cannot be met and you did not sign as a personal guarantor for those loans, you are not at risk personally. (Of course, the corporate shield could be pierced in the event of fraud, or illegal activity.)

C.)A corporation provides substantial tax benefits. Assets such as corporate vehicles, offices (including home offices), travel, leases, etc., may be tax deductible and your profits are assessed at lower corporate rates.

D.) This is an excellent alternative to a traditional retirement plan that requires 30 – 40 years of saving and investing, where any number of challenges could disrupt your plan (Stock Market and Real Estate declines, Job loss, Medical emergencies etc…).

Note: Although my contacts can help you get corporate credit fairly quickly. It will NOT happen overnight. Building corporate credit correctly takes a bit of time. Anyone that tells you they can get corporate credit lines “overnight” are simply lying to you. The days of EASY credit are long gone. Banks are strict and you need a professional to help you get all your ducks in a row and expedite the process.

*Corporate Credit Is A Powerful Tool For Building Wealth Very Quickly. If You’d Like To Discover How To Get Corporate Credit or Get a Free Consultation On The Process Then Give Me a Call at 1800.398.0850 or Check Out The Link Below For Some Of My Exclusive Corporate Credit Providers:

> How To Get Corporate Credit <

“Always remember… “Rich People Send Their Money To Work So They Can Stay Home And Play!”

Murry Thurman, A.K.A. “The Passive Income Genius®” Phone: 1(800) 398-0850