Find Out How to Get Business Credit for Your Company That RequiresNO PERSONAL CREDIT CHECK OR PERSONAL GUARANTEE FOR APPROVAL… And Get The Money You Want and Need To Start, Build, and Grow a Successful Business
Hello my name is Yolanda Everett Wilson, professional speaker, author, and business credit expert.
I’m not sure how you got here, maybe you seen me in the community, heard me on the radio, read one of my books, or found me online, but however you got here I’m glad you did because you are about to discover exactly how you can successfully build business credit for your company.
Just as you have a credit report personally that’s linked to your social security number (SSN) a business also has its own credit profile that’s linked to its employer identification number (EIN).
If you are thinking about starting a business or own one now YOU can start getting business credit in your company name securing your financial future.
When you use your personal credit to get money for your company a few disastrous things can happen to you and your family. Firstly, YOU become personally liable for your business debts. That means if you ever default on those debts those credit issuers will come after all of your personal assets as well as your business assets.
When you personally guarantee your business debts ALL of your personal assets are up for grabs including:
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Your Personal Home
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All Money in Your Personal Bank Accounts
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All Investments in Your Personal Name
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Your Vehicles Including Cars, Boats, And Motorcycles
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And Any and All Other Personal Assets You Might Own
Of course you would like to think this will never happen, that you will never default on your credit responsibilities. But unfortunately the business arena is like a minefield riddled with unknowns, many that you can’t even directly control, any of which can result in catastrophic failure of your business.
Even if you don’t fail things still can come up that force you to be late on monthly obligations, maybe even default on those obligations.
Almost any business owner you speak with has high hopes for their business and doesn’t expect to run into major financial problems that might results in their demise. Still, statistically over 90% of those businesses do fail and in most of those cases the owner’s personal assets are taken by collectors who will stop at nothing to get paid.
But you can EASILY prevent this!
All you need to do to grow a successful business and eliminate your liability is to get business credit.
This credit is linked to your EIN number and when you apply the right way, you won’t even supply your SSN and they won’t even pull your personal credit. This means you won’t personally be liable for your business debts!
This also means that no matter how bad your personal credit might be, you can still get approved for VERY high credit limit accounts.
Imagine getting $2,000 worth of credit at Amazon.com, getting $10,000 at Dell getting $4,000 at Home Depot, and getting multiple $10,000 limit credit cards that you can use anywhere… and imagine getting all of this with no personal liability or personal credit check.
THIS is what business credit truly is, and it’s so powerful it can make or break your business!
Don’t believe this is possible? Skeptical? I don’t blame you!!!
I just told you that you could get a TON of money with no credit check or guarantee, even the thought of this sounds fishy.
But the reality is that EVERY highly successful business in the United States has business credit and used it to get as big as they are. Think about it, do you really think Bill Gates was personally guaranteeing Microsoft’s credit? Do you think that Steve Jobs was, or that Hugh Hefner is now?
Take a look for yourself…
A quick snapshot of how many tradelines Facebook has now on their business credit reports with Experian…
Do these names sound familiar....
APPLE COMPUTERS
MICROSOFT CORP
The truth is you just CAN’T be successful in business using only your personal credit and funds. At some point to reach real success you must start building your corporate credit and using that to fuel your growth. And when you do this wisely you then, and only then, can obtain MASSIVE success.
Walmart gets over 80% of its cash injection from business credit!
That’s how they have gotten to be the world’s major retailer, and also why they have a whopping 500 + tradelines reported to Experian alone!
Having Your Own Business Credit Has So Many Benefits!!!
When you have business credit you DOUBLE your borrowing ability! Not only will you have access to the consumer credit you have now, but you will also have an entire other credit profile for your business that you can easily use to get the same credit and more all in your business name.
And per the Small Business Administration (SBA), approval limits on business credit accounts are 10-100 times that of consumer credit! Forget doubling your available credit, how about increasing it by 10-100 times!
“I have been using the product for under a year right now and it has changed business owners’ lives. There is nothing like this out there and I am really, really happy that I am getting to use it.”
And speaking of SBA it’s very important to mention that if you even think about applying for any business funding you will need to have an established, positive business credit profile. It’s a must, and something so essential that SBA says right on their website that you should “be prepared to submit a credit report for your business” with any SBA financing.
SBA requires that you have good personal credit, good business credit, and good bank credit to get approved. And in the Business Credit Building Course you will not only build your business credit but you’ll also get insight on how your bank credit works, something only TOP entrepreneurs even know about.
With the Business Credit Course you will be able to build your business credit, this is credit that has NOTHING to do with your personal credit.
Did you know that 30% of your consumer credit score is dedicated to utilization, the percentage of your available credit that you are actually using?
That means if you have a $1,000 credit card and owe more than $300 on that card your credit scores will actually be lowered. I have personally seen credit scores lowered by over 100 points just because the consumer was over-utilizing their revolving accounts. Any balance you owe over 30% of the limit will hurt your scores. Plus new inquiries affect 10% of your scores, so even applying for the new credit can hurt you!
These are just more reasons smart entrepreneurs build business credit and don’t use their personal credit for business purposes.
Now let me tell you a secret that Entrepreneur.com reports over 90% of business owners don’t know…
ANY BUSINESS CAN GET BUSINESS CREDIT!!!
Yes the companies I listed earlier are all highly successful. But here is one from our clients’ who just started building their business credit this year…
They just started building their credit and already have nearly 10% of the tradelines as Facebook has!
ANY business, even one that just opened their doors today, can get business credit. You just need to know the proper steps to take to do it and you can get access to the same credit the big boys have.
The only reason that major companies get credit and many small businesses don’t is that big companies have Chief Financial Officers (CFOs) that know how to build the company’s credit profile and score.
They then use that established profile and score to get credit, LOTS of credit! And they also use it to increase their chances of getting cash funding and to get higher funding amounts.
Would you lend money to a business that doesn’t even have a business credit profile established?
Don’t even bother applying for real money without business credit, lenders just won’t take you seriously. But with business credit you are part of the “in club”, an exclusive group of entrepreneurs that share the highest chances of running highly successful businesses because they are the ones lenders and credit issuers WANT to give money to.
Wait, don’t run out to hire a new CFO just to build your business credit. Let me save you the $70,000 annual salary and tell you exactly how to get all of the credit you will want and need for your business without professional help or intervention even being needed.
The Business Credit Building Course gives you everything you need to start, build, and grow a successful business credit profile and score and use it to start getting your hands on real money, real credit that you can use to grow your business.
We walk through step-by-step the process of building your own business credit, even if you have bad personal credit or just opened the doors of your business today.
All Business Credit Building Secrets Are Revealed !!!
And you will be blown away at how FAST you can actually start getting approved. One of the true beauties of business credit is that to have an excellent credit profile and score you only need one thing… a few paid-as-agreed accounts reporting to the business credit reporting agencies.
With even a few accounts reported you will have an excellent business credit score that you can use to get high-limit revolving accounts with major stores and Visa, MasterCard, Discover, and American Express.
The reason this is possible is the way credit scores are calculated.
With consumer credit your scores are based on five factors:
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Payment History Accounts for 35% of Your Total Score
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Utilization Accounts for 30% of Your Total Score
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Length of Credit History Accounts for 15% of Your Total Score
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Accumulation of New Credit Accounts for 10% of Your Total Score
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Your Credit Mix Accounts for 10% of Your Total Score
If that sounds confusing it’s because it IS confusing! FICO makes it very hard for you to have much control over your consumer credit scores. This is why it usually takes many years of well-disciplined borrowing to every get an excellent consumer FICO score of 800 or higher.
But not with business credit! Most major business credit scores are based only on one simple factor… how you pay your bills. If you pay your bills on time and as agreed you get a great business credit score… yes it really is THAT easy!
Take a look at how Dun & Bradstreet (D&B), the major business credit reporting agency, calculates their Paydex score, the main score used in the business credit world:
Expect payment may come early 100
Payment is prompt 80
Payment comes 14 days beyond terms 70
Payment comes 21 days beyond terms 60
Payment comes 30 days beyond terms 50
Payment comes 60 days beyond terms 40
Payment comes 90 days beyond terms 30
Payment comes 120 days beyond terms 20
The ENTIRE score is based on how you pay your bills! When you pay as agreed you get an 80 score, which is like a 700+ score in the consumer world. And if you pay early you can get a score of 90 or higher, the equivalent to an 800+ consumer score.
AND you can get these scores in 30-90 days once you get some accounts reported.
This is why business credit is so PERFECT for…
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Startup businesses that just opened their doors or for a business that is still in your head and one that you haven’t even started yet
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Companies that have no assets or collateral, something SBA requires on all of their loans
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Companies that don’t yet have or struggle to verify cash flow and revenue
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A business owners that wants and needs money quickly to start, build, and grow their business
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Any many more…
The Business Credit helps you get business credit for your business quickly even if you know nothing about business credit now!
STEP 1
In Step 1 of the Business Credit Building we reveal to you the secret formula for credit approval, the formula that banks do NOT want you to know about.
When you fill out a credit application every bit of information you provide is checked against the credit issuer and lender’s approval guidelines. They KNOW exactly what is required for you to be approved. Actually most credit issuers plug this criteria into their computers which either approve your or decline you automatically without a person even reviewing the application.
Now imagine what would happen if you knew what they were looking at BEFORE you applied. Think about how easy getting approved would be if you could make sure that you met approval criteria before you even submitted your application.
It would be like being given a test, and also given the answers at the same time. That’s really what a credit approval is anyways, a test that if you pass you get approved for credit and financing.
Well in Step 1 we give you the answers to the best, we reveal exactly what the lender is looking for, and we even help you meet the criteria so you can be approved!
This is just one of many ways the Business Credit Building Course makes it easy for you to get approved for business credit… once you know the game it’s much easier to win.
In the Business Credit Building we also hook you up with top sources who we highly recommend as they have helped thousands of our clients setup their business credibly.
You get every bit of training and all of the tools you will need to either setup a credible business from scratch, or to make sure your existing business fits the profile lenders MUST see to approve you for new credit.
Most people who do know about building business credit and fail trying, do fail because they don’t meet some of the 10 essential credibility standards that you will discover in this step. Don’t get denied, the Business Credit Building Course gets you the essential to apply and actually get approved!
STEP 2
In Step 2 you will uncover the best ways to get access to your business credit reports.
You will even get some tips that will save you thousands-of-dollars in charges from the business credit reporting agencies (don’t even THINK about paying ANY money to a business credit reporting agency until you go through this step).
Did you know that ANYONE who wants to can see your business credit reports? Your prospects, clients, even your competitors can get your business credit information easily, quickly, and very cheap. It’s so easy for anyone to get your credit information that you must know what’s on your own reports!
In Step 2 we make it easy for you to get your reports to see what’s being reported now (you will probably be very surprised), and so you can monitor your business credit building in real time.
Not only will you get access to the report sources, but you will get our professional insight on where to go to actually get your reports that gives you the most bang for your buck (HINT… get report data from D&B, Experian business and personal, and personal TransUnion all together for less than $40).
Plus, our special source even reports your credit monitoring as a tradeline to both D&B and Experian helping get you access to your credit reports AND build your business credit in the process! Plus they give you access to 2 other companies you can pull credit on other than your own, and you can delete those once you peak and pull even more!
And you get access to special access for Dun & Bradstreet, Experian, and Equifax so you can get credit monitoring information through “back links” which give you the best pricing you will ever find.
But what do you REALLY know about the business credit reporting agencies?
Did you know that Dun & Bradstreet alone has 5 credit scores that rate your business, and that anyone who wants these scores can easily get them to see what you are all about?
STEP 3
In Step 3 it’s time to start getting you some business credit!!!!! Know that I LOVE this step and what it means for you and your business!
In this step you will start getting the vendor accounts you need to do a few core things in
building your business credit…
Get approved for accounts that report to the business credit reporting agencies establishing tradelines or “payment experiences”
Establish your initial business credit profile that you will use to start getting revolving credit accounts
Get your business credit scores established with the main business credit reporting agencies, these scores are crucial to you getting revolving store and cash credit
Most people who try fail building business credit because they don’t know how to get initial credit setup. If you were to go to Google to try and find true starter vendors you would find this information just isn’t readily available anywhere… that is anywhere except for the Business Credit Building.
You will get access to sources who WILL approve you for credit even if you have horrible personal credit and just opened the doors to your business today. This means no matter what your situation is you CAN build your business credit using the Business Credit Building.
In this step you get approved for initial credit that paves the way for you to start getting revolving store and cash credit for your business. All of the training and resources you will need to get your business credit profile established are revealed to you in Step 3.
Plus you get access to real vendors who can help you build your business credit and who provide you with real services you want, and need, to grow your business.
You have access to…
Business Credit Basics and Vendor Accounts …
Get all of the knowledge you will need to pick the best vendor account sources for your business that give you the best and fastest business credit building results while gaining access to sources you will truly want and need.
The Secrets to Getting Vendor Accounts…
Learn the ins and outs of building vendor credit so you don’t make the major mistakes that many make and fail building their business credit… so you can be successful and quickly establish a business credit profile and score for your company.
3 Big Reasons People Fail Building Business Credit…
It’s undeniable that many try and fail to build their business credit and in my experience it’s due to these 3 critical mistakes that you will learn about, and most importantly learn how to avoid so you can be successful in getting real usable credit for your business.
How to Repair Damaged Business Credit…
You just might have negative credit reporting to the business credit reporting agencies that you don’t even know about, learn the steps to find out if you do and get the actionable information needed to quickly fix any damage you might have so you can still get large amounts of business credit fast.
This is the step where you start to see real results and get your hands on real useable credit that establishes your initial business credit profile and score in the process. Within a week or less you can have access to real credit and be well under way with building your business credit.
STEP 4
In Step 4 it’s time to celebrate! You now will have your business credit profile and score established and you will have access to real credit that you will have already put to good use to grow your business.
Now it’s time for the BIG payoff, the reward for your efforts, the phenomenal results that can help you get an abundance of money to grow and scale your business.
In Step 4 you get access to real revolving store credit accounts. These are accounts offered in most retail stores and work similar to the consumer store credit cards you probably have now.
You can now get credit in stores you use on a regularly basis now, but this new credit will only report to the business credit reporting agencies, won’t require a personal guarantee from you in most cases, and credit that you can secure without a credit check or consumer credit inquiry that can lower your consumer credit score.
This truly is a reward step as you get the massive reward of getting hard-to-get credit you want with very little effort… that’s what the Business Credit Building is all about, getting you money fast the right way with little effort.
You get access to real, useable, revolving credit at stores and cash credit that you can use anywhere. Check out some of the credit you can get your hands on…
Office Supplies Credit…
All businesses need some type of office supplies and with this course you get revolving credit with the most popular office supply sources and this new credit reports to D&B and Experian… plus you can get approved just based on the credit profile and score you already built in Step 3.
Home Improvement Credit…
I guess I should say office improvement as you can get building supplies and services for your home and your business while building your business credit with both Experian and D&B
Computer Credit…
Get access to computers and accessories while building your credit with D&… one source we provide commonly approves clients for credit lines of $10,000 or higher and they only report to the business credit reporting agencies.
Fuel Credit…
Everyone needs gas to get around and some businesses rely on the using of fuel to put vehicles on the road to deliver products and services and to give your sales team more reach… now you can get the fuel you need using your newly established business credit in the process.
Cash Credit…
The main purpose of building business credit is to get real cash credit, this is credit you can use anywhere that is provided by Visa, MasterCard, American Express, and Discover… in the Business Credit Building we get you access and teach you how to get cash credit limits of $10,000 or higher with no personal guarantee or credit check. Giving you the top revolving store and cash credit sources just isn’t enough for us, we want to insure you know how to use these sources to really propel your business credit building success.
So you also get the resources you will need to help you reach true success with business credit building including…
How to Get Approved for Revolving Credit
Learn the steps to take to actually apply and get approved for real revolving store and cash credit sources and learn the pitfalls to avoid.
Shelf Corporations…
You won’t even think about paying for over-priced and worthless shelf corporations that waste your time and hard earned money on something you won’t ever need since you have your Business Credit.
Build Your Bank Rating…
Many business owners don’t know that their banks have their own internal credit scoring system known as the Bank Rating… but in your training you get all of the down and dirty details that banks won’t tell you including the EXACT steps to take to get the highest “5” rating you can get for your business making you a highly desired lending candidate… this information will turn the tables and get banks competing over your business instead of you begging them for money.
Step 4 will be your favorite step as you get access to the real credit you want, the credit that is needed to build a highly successful business.
And you learn how to get this credit the right way, without having your personal credit looked at… and without having to personally guarantee your credit eliminating your personal liability.
Remember per SBA business credit card limits are typically 10-100 times higher than consumer credit limits! So not only can you get real usable credit quickly, you also get MUCH higher limits that you are accustomed to in a very short period of time.
To get through Step 4 can be done in 4 months or less… and you will be getting credit all along the way starting from 30 days after you get this exclusive training.
TRUE BUSINESS CREDIT BUILDING has it ALL!!!
Every tool, every resource, every recommendation, and all of the industry insight you will need to know to successfully build your business credit and get real usable credit for your business, including store and cash credit.
So now that you know how unbelievably awesome this course is you must be wondering… how much is all of this going to cost me?
I’m sure you would agree that any investment that’s dedicated to helping you get real money to grow is well worth nearly any cost that it might have.
After all if you pay a little money to get access to A LOT of money there really is no true “cost” involved, it’s simply a very smart investment.
So you can imagine with the massive return this course provides and the abundance of resources you receive that we could charge a lot of money for this type of exclusive course. And honestly, that probably is what we should be doing.
But I’m a business credit advocate, dedicated to helping the most people I can build their business credit so they can build successful businesses. That’s what I’m passionate about, helping entrepreneurs succeed!
