Mysteries of Business Credit
If you don't know the answer to any of the questions below, you are among thousands of
business owners who are lost in the maze of how to build business credit. We can provide
you the answers to the mystery.
- Who are the two largest business credit bureaus?
- What rights does a business owner have for incorrect information on a credit report?
- What are the business credit scores?
- What do business lenders look at?
- Where do you find companies that grant credit?
- How do you get a company to grant credit?
- Which companies report to the business credit bureaus?
- What credit cards companies do not require personal guarantees?
Advantages of Having A Business Credit Profile
Just by building a business credit profile you will be able to limit the use of your personal
guarantee and build business credit regardless of your personal credit history.
- You will have more cash for the business
- Convenience in purchasing
- Protection of your personal assets from that of the business
- Limit your personal liability from the business
- No need for personal credit checks
- Purchase vehicles with no personal guarantees
- Purchase equipment, computers and more with your business credit
- Preparing your business for future lending needs
Separating You From Your Business
You can separate your personal liability and protect your personal assets from that of the
business just by incorporating. It is possible to build a business credit profile for a sole
proprietorship or partnership however you are still responsible for all the debts of the
company. We recommend building your business credit as a corporation or limited liability
company. Other advantages of a corporation are:
- Separates you from your business
- Limited liability of the owners and officers
- Lower tax liability
- 100% tax deductible insurance
- Reimburse 100% of medical expenses
- Corporate image
- Raise capital and build credit faster
- Lower your audit risk as a small corporation
- Stock ownership - easier to transfer assets
- Protect Your Personal Assets
Advantages of Business Credit
Credit Builder - $5000
- You will save time and money for
your business
- Meet any current lending needs
- Prepare for any future lending
needs
- Have cash in your business
when it's needed
- Ability to extend your cash flow
- Lower your interest rates
- Build credibility for your business
Our Business Credit Builder will:
- Separate you from your
business
- Lower Tax Liabilities
- Your business can now
purchase property
CALL US (888) 513 9953
South Beach Credit "Securing Your Financial Future"