Advantages Of Using Trade Credit

Aug. 3, 2010 - PRLog -- Successful Businessman Shawn Casey Gives Advice On The Advantages Of Using Trade Credit As A Way To Build Business Credit On His Blog. He Enjoys Educating Business Owners On Trade Credit Topics, Such As Using In Store Credit As An Easy Way To Build Much Needed Business Credit.

Shawn Casey, an Internet Marketer and experienced businessman, has started a new blog about the importance of business credit, and he provides the processes and steps needed to build proper business credit. One of these steps is utilizing trade credit as a way to build business credit without a lot of hassle. He has used trade credit as a way to build a reputation with vendors and lenders for his online and offline businesses. Other business owners can benefit from the advantages of trade credit also!

Shawn says, "In store credit, a form of trade credit, a win-win situation for you and the vendors you do business with on a regular basis. You get the joy of purchasing supplies now and paying for them later, where the vendor benefits from your purchases from them. What is better than a 'buy now, pay later' agreement? Not too much..."

He explains how trade credit can build business credit by stating, "Trade credit, especially in store credit, builds credit in two ways. The first way is even though you are paying for the goods at a later time, you are still making monthly payments to the vendors. So, it shows lenders you will be able to manage payments on credit cards or business loans. The second way is you are establishing a relationship with your vendors. The vendors are the people who report your payment history and built business credit to the reporting bureaus."

So, besides making payment and building the best possible relationships with vendors, you do very little work to build credit off of trade credit. You are going to need supplies to continue running your business. So, why not get trade credit in the form of in store credit.

Shawn Casey encourages you to read the posts on his blog about trade credit. There are no "secrets" when it comes to the advice Shawn Casey gives out. He is about to tell all on business credit!

Shawn Explains Trade Credit More On This Individual Page http://www.businesscreditnow.org/trade-credit-almost-like...

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I Want Business Owners And Those Individuals Who Want To Start Their Own Business To Be Aware Of The Concise Process That Is Needed To Effectively And Properly Build As Much Business Credit As Fast As Possible - Shawn Casey