PRLog (Press Release) –
Mar 14, 2008 – Small Business Owners and Entrepreneurs Are Constantly on the lookout for ways to improve cash flow, grow their business, and use their skills to pursue the great American Dream.
With Credit Standards getting tighter and stricter, and the economy going south, many small business owners are seeking to obtain business credit lines without a personal guarantee- getting credit for the business that is not connected with their social security number or personally guaranteed by them, but rather, by the business entity itself.
Can This Be Done?
When you are looking to obtain or increase access to credit for your business, it is very important that you understand what the lenders (whether banks or Suppliers) are looking to see.
"This is especially important when you are financing a business without using a personal guarantee” Said Craig Aberle, an Expert on Business Credit and the author of Business Credit Secrets.
In many cases, the important point is to be approved for credit. The size of the line is irrelevant. For example, $750 is the credit line that staples will give most new approved applications. When an applicant’s application is received, the very first thing they do is check if you have a business phone line, which is verifiable with 411.
"It’s unfortunate that many businesses skimp on obtaining a business line and opt for a personal phone line, because the monthly bill is just slightly cheaper. They do not realize that this can cost them literally thousands of dollars and denial of access to funding to grow", he said.
Although D&B Does face competition, such as Experian’s Business Credit Score, Entrepreneurs starting out are well advised to focus first on building their Dun and Bradstreet Report, and Obtaining a Paydex and a rating.
"Although D&B Offers a business credit building service, for which they charge several hundred dollars, it is possible to accomplish the very same thing without paying D&B a dime", Craig Aberle Said. "Our Book Shows you how to achieve success quickly and grow your business using non- personally guaranteed lines of credit with vendors and banks. Many people think that Major Credit cards, such as MasterCard and VISA, are unobtainable for a business entity without a personal guarantee? In many cases, they can be obtained without even the CEO Having a social security number!'"
The Book comes with a 100% Satisfaction Guarantee.
Are you ready to Take Control? Buy now by visiting
http://www.bizcreditzone.com. Buy now and receive as a Bonus, The Business Credit Sourcebook- a List of vendors offering business credit without a personal guarantee.
About The Author: Ted Aberle, The Business Credit Expert, Personally Coaches Entrepreneurs and Has Taught Business Owners How to think outside the box.
