As an entrepreneur, you are bound to enjoy a higher risk than the average person. However, you can experience the thrill of the business and investment, if you are willing to risk:
-When sued by creditors?
-Refuse by mortgage?
-Pay more than its fair share of interest on their loans?
-Losing your home?
If you “No” to one or more of these questions, this can be the most important report that I read in a long time.
Because if you’re like most entrepreneurs, investors and entrepreneurs I have encountered over the past 28 years, and threatened to solve all these terrible problems.
And this because of your company.
You see, entrepreneurs are generally more financial instruments or develop catastrophic failure in the financing of the introduction, operation and / or their business. To be done in most cases, they do not realize that a mistake.
And the truth, even when they realize that they made a mistake … Peace and the consequences will be a slight inconvenience.
Until one day, not for a mortgage. If she can not for the funding in the new car he buys offered to die. Or be harassed by creditors, and eventually declare bankruptcy.
And all because of them use their personal finances in order to start or expand their operations. Then you use credit cards-to-pay business. If you’re in business or thinking about starting a business is trade credit is a necessity.
Let me explain, most entrepreneurs have no idea that they can prove the company, credit and even fewer know how to build business credit. If the owners take the time to the credit card you do not use personal funds or working capital to learn to create capital.
It would also be able to credit for companies that do not report those who do not use personal credit reports, scores of people.
The main purpose to obtain loans to companies in the business of the unsecured loan, what can be done if the credit company profile is configured. If a company get to the business of loans without collateral, they have no working capital they need to start a business or expand their business. The company holds the checkbook control of credit lines for businesses that want to use. And best of all divisions report to the credit institutions do not, personal loans the contractor.
If your company but there are a number of banks lending to the start of the new activity. True, you run the business without registration. The banks will provide the areas of credit without collateral, so they start-up capital for the company in May to fund your dreams to have.
Make no mistake, the business credit is a must for any entrepreneur. Put your personal assets at risk to finance or finance for your business!