All Businesses Need to Obtain Capital “Businesses owners must separate their personal credit from their business credit in order to get approved for business loans and financing,” says BusinessFinance.com Finance Specialist James Christy. “You cannot use your social security number to establish business credit.”
In addition to vital information about the business credit agencies, the Business Finance Coach instructs businesses about 20 other items that must be done in order for a lender to even consider their business loan application for approval.
“The process of establishing business credit is much more complicated than setting up personal credit,” says Corey Pierce, Founder and CEO of BusinessFinance.com. “There is one business credit agency that tries to charge businesses $ 499 just to open a credit file. Another business credit agency will not open a file unless your business has a loan with one of their 173 member banks. The Business Finance Coach gives business owners the tools they need to get these files open.”
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All Businesses Need to Obtain Capital
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