Business Owners Nationwide are using a Unique System Business Lines of Credit Developed by Pat Gage

July 7, 2008 - PRLog -- Many small business owners are not concerned about their small business credit until they need to get a business line of credit. Businesses of all sizes need to have a credit line with at least one lender as soon as they can acquire it. Lines of credit help build business credit, to be used as needed for materials and equipment, hiring help, paying bills and growing the business.  Pat Gage is receiving emails of thanks from small business owners and large corporations all over the US, including Alaska.  His program is effective and gaining in popularity.

Pat Gage’s step-by-step system shows how to develop a line of credit for an existing business, setting the business up legally for success in being approved.  The business will need a business phone number and address that matches, and some vendor credit (which is a line of credit, but specifically for that vendor’s products or services). One should also get a business credit card to boost the business’s credit before obtaining a line of credit.

A business line of credit is usually a set amount of money that one can borrow.  One can use this line of credit all at once, or over a period of time. In this way, lines of credit differ from loans. They behave more like credit cards, but without the plastic. The limit on a business line of credit stays the same, but the amount that is withdrawn from that line of credit varies, and the payment will probably vary, too. A line of credit also does not have a specific due date as loans do.

Have a line of credit for the business available before the business needs it. A line of credit can save a business during the slow season or help it survive those first few critical years when business is up and down. Business owners will be less apt to qualify for the funding if they wait until they need it.

Pat Gage, The Opportunity Creator, and a leading expert in the field of business credit has helped a number of clients target his specialty - starting, expanding, and growing their businesses through his trademarked 10 Steps to Money System. The Opportunity Creator is not only a sought after business credit coach, but also a national speaker. For more information on any topic discussed, visit Gage’s site at http://www.10stepstomoney.com

Contact:
Destiny Now, LLC
33006 7 Mile Road Suite 423
Livonia, MI 48152
Phone: 734-261-0688
Toll Free: 877-262-0688
Fax: 734-422-6168
Email: info@opportunitycreator.com
This press release was submitted by Right Now Marketing Group, LLC

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Pat Gage, The Opportunity Creator, and a leading expert in the field of business credit has helped a number of clients target his specialty, starting, expanding, and growing their businesses through his trademarked 10 Steps to Money System. The Opportunity Creator is not only a sought after business credit coach but also a national speaker. For more information on any topic discussed, visit Gage’s site at http://www.10stepstomoney.com