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Resources
The Facts About Balance Transfer Credit Cards By Morgan Hamilton Many people can find balance transfer credit cards quite tempting. An individual can transfer the balance off other credit cards to balance transfer credit cards, which offers perks like low interest Read more...
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Resources
Cash Back Business Credit Cards By Jeremy Biberdorf A typical small business needs to watch every penny. To last in the competitive business world, you need to maximize profits and just as importantly, reduce expenses. Many businesses don’t realize Read more...
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Resources
Building Your Own Credit History By Attila Jancsina Building Your Own Credit HistoryModern times require modern actions and credit cards are the modern tools that anyone may need but not everyone may have. Establish a good credit Read more...
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The extension of funds issued by a bank that allows a consumer to purchase goods or services from a merchant. The consumer then pays back the bank either in full or in installments, at an interest rate determined by the bank.
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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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