PWG Helps Businesses Acquire Capital and Credit for Growth

LAS VEGAS - June 8, 2015 - PRLog -- Brenda L. Scott, the Owner of Pinnacle Wealth Group is teaching small and microbusiness how to acquire the capital they need to grow. Her company works with business owners to help them establish and build trade and credit lines. She compares the process of developing a business credit profile to putting together a puzzle.

“When we are preparing a company to receive funding, we take a look at their overall business structure, past performance and current creditworthiness,” Scott said. “Start- up businesses generally don’t have a history of performance and are just establishing their structure and credit and we work with them to make sure that they do things the right way from the very beginning. Our objective is to help companies build a business credit history that will enable them to be eligible for a minimum of $50,000.00 in funding.”

Scott believes that it is imperative for business owners to understand that they can obtain capital without imposing hardship on their personal finances.

“My main purpose is to educate entrepreneurs and seasoned business owners about leveraging capital by properly forming, funding, growing and protecting their businesses,” she said. “Developing positive credit and creating an exit strategy for retirement is also critical.”

A large part of the service that PWG provides is focused on educating business owners about the possibility of obtaining credit without being a personal guarantor.

“There are many people who just don’t know that it is possible to build business credit,” Scott said. “A big part of what we are doing at PWG is letting business owners know that they do not have to be a personal guarantor on the credit they apply for if it is being used for business purposes. A company can truly receive funding based on its business creditworthiness.”

PWG helps businesses establish credit through its relationships with more than 2100 vendors, lenders and suppliers. The process of establishing trade lines and structuring a business correctly so that it will be eligible for $50,000.00 in funding takes a minimum of 6 months. Scott walks hand and hand with business owners as they develop their credit and also advises them on the allocation of their capital after they have received funding.

“It is so important for businesses to use their funds appropriately after they have received them,” she said. “I teach people not to max out their lines of credit and to restrict the use of the funds that are available to them for business purposes only.”

In addition to the services it provides for business credit development and funding, PWG can also help people establish and repair their personal credit. Commercial, home and income property loan financing and refinancing, as well as non-traditional lending options are a part of their offerings.

“It is equally important for consumers to enhance their opportunities for the lowest interest rates on loans, lines of credit, car insurance, credit cards and other incentives that come with having impeccable credit scores,” she said.

Fees for PWG’s services are based on individual needs.

Pinnacle Wealth Group offers free one hour consultations. For more information, please call (702) 589-2178 or visit pwg.cash.