Benefits of Business Credit

I’m going to ask you to do something that will only take up a moment of your time. Let’s imagine having the potential to access $50,000, $100,000, even $250,000 for your business. Now take a moment and imagine doing this without having your personal credit checked or personal guaranteeing it. Sounds pretty cool right?

Having the success you want in business will be determined by certain factors such as Business Credit Profile and Score. To read more about the “Five C’s of Business Credit” check out our blog post here. With a terrific business credit profile, your business will have near unlimited borrowing power. Without a good business credit score profile, it’ll be difficult to succeed without having access to funding and  working capital.

That is why almost all Fortune 500 businesses use their business credit score to secure funding. Most  successful businesses use funding as leverage to grow their business. Having the knowledge of Business Credit and learning how to leverage it is the absolute best kept secret in business.

Did you know that a little over 90% of all business owners have no knowledge of business credit or business credit scores. They are not even sure if they have a score or not! When you discover the power of what business credit can do for you and your business your mind will be blown away at how simple is can be to get the funding you need to leverage and grow your business!

Think about how awesome the benefits of business credit is that you can actually obtain the funding your business needs with NO personal credit check! How many times have you thought to yourself you can’t get money for your business because of your personal credit score? And you think to yourself you have to wait months even years before you can save up the money you need to grow your business.Having a STRONG business credit profile, lenders will gladly lend you money based on your business’s credit NOT your personal credit. You can learn more about the “Differences Between Business Credit and Personal Credit” in our blog post here. How great is it that if you have issues with your personal credit you can still qualify for funding? Even having an exceptional personal credit profile, business credit gives you DOUBLE the borrowing power!

Pretty amazing right?

You and your business can get approved for much higher funding amounts using your business credit than you would if you used your personal credit! Another extremely great benefit of business credit is there is no personal guarantee required for a whole lot of the funding you obtain. What this means is you can be approved with no personal liability. So let’s say if you ever do default, the creditor can’t pursue your personal assets like your home or personal bank accounts

Business credit gives you more credibility and adds more value to your business. Lenders, stakeholders, partners, even potential buyers of your business will see more value in your business if you have a strong business credit profile built. And most importantly, by having a good business credit profile, built you will have security. It is SO much easier to run your business when working capital is easy to come by.

Ready for results? click the “Learn More” Button below.