1-800-COMPANY.com Explains How to Build Business Credit Without the Personal Risk
Kevin Wessell, nationally known asset protection and business planning author and CEO of 1-800-COMPANY.com, explains how people can form their own corporation and obtain and build business credit without affecting their personal credit.
Los Angeles, CA, September 30, 2008 --(PR.com)-- For those interested in starting a business or investing in real estate, 1-800-COMPANY.com explains the benefits of forming a corporation and building business credit.
Anyone that is planning on starting a new business, probably the first obstacle they will run into is how to raise the money for the office space, equipment and other business expenses. They may be thinking about taking out a personal loan, maximizing their credit cards, borrowing from their family, using their life savings, even taking on a partner.
“But think twice before doing so”, warns Kevin Wessell, nationally known asset protection and business planning author and CEO of
1-800-COMPANY.com, a company which specializes in helping customers form corporations and build business credit since 1977. “With the options above they risk going into debt, harming their personal credit history and even falling prey to lawsuits”.
Mr. Wessell recommends forming a corporation and building business credit instead.
The benefits to this strategy are:
1. Get cash to cover start up business expenses or grow the business
2. Get open lines of cash credit to operate the business
3. Get automobile and equipment leases without a personal guarantee or personal credit check
4. $50,000 in lines of business credit and credit cards with additional programs of up to $5 million available
How Long Does it Take to Build Business Credit?
Not as long as most people might think when they know what they are doing. It doesn’t have to take 4 or 5 years to build up business credit, but rather 30 to 90 days when someone uses a professional business credit building service or purchases a shelf corporation or aged company.
These are accelerated credit building programs or corporations that are already created including pre-established credit, which means business owners are ready to start getting lines of business credit right away.
Benefits of using a professional business credit building service or purchasing a shelf corporation or aged company:
1. Immediately own a company with a corporate history.
2. Easier to obtain business credit cards and business credit lines.
3. Often, lenders require a business to have been in existence from six months to two years or more before lending it money.
4. Ability to borrow money from banks.
For a free consultation about forming a corporation and building business credit, call or visit the website www.1-800-COMPANY.com, where there is a great deal of valuable information to help better plot a successful strategy for starting a business.
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1-800-COMPANY
28015 Smyth Drive
Santa Clarita, CA 91355
Phone: 1-800-COMPANY ( 800-266-7269 )
Contact: Brett Schoneman
brett@1-800-COMPANY.com
Anyone that is planning on starting a new business, probably the first obstacle they will run into is how to raise the money for the office space, equipment and other business expenses. They may be thinking about taking out a personal loan, maximizing their credit cards, borrowing from their family, using their life savings, even taking on a partner.
“But think twice before doing so”, warns Kevin Wessell, nationally known asset protection and business planning author and CEO of
1-800-COMPANY.com, a company which specializes in helping customers form corporations and build business credit since 1977. “With the options above they risk going into debt, harming their personal credit history and even falling prey to lawsuits”.
Mr. Wessell recommends forming a corporation and building business credit instead.
The benefits to this strategy are:
1. Get cash to cover start up business expenses or grow the business
2. Get open lines of cash credit to operate the business
3. Get automobile and equipment leases without a personal guarantee or personal credit check
4. $50,000 in lines of business credit and credit cards with additional programs of up to $5 million available
How Long Does it Take to Build Business Credit?
Not as long as most people might think when they know what they are doing. It doesn’t have to take 4 or 5 years to build up business credit, but rather 30 to 90 days when someone uses a professional business credit building service or purchases a shelf corporation or aged company.
These are accelerated credit building programs or corporations that are already created including pre-established credit, which means business owners are ready to start getting lines of business credit right away.
Benefits of using a professional business credit building service or purchasing a shelf corporation or aged company:
1. Immediately own a company with a corporate history.
2. Easier to obtain business credit cards and business credit lines.
3. Often, lenders require a business to have been in existence from six months to two years or more before lending it money.
4. Ability to borrow money from banks.
For a free consultation about forming a corporation and building business credit, call or visit the website www.1-800-COMPANY.com, where there is a great deal of valuable information to help better plot a successful strategy for starting a business.
###
1-800-COMPANY
28015 Smyth Drive
Santa Clarita, CA 91355
Phone: 1-800-COMPANY ( 800-266-7269 )
Contact: Brett Schoneman
brett@1-800-COMPANY.com
Contact
1-800-COMPANY.com
Brett Schoneman
661-310-2807
http://www.1-800-COMPANY.com
Brett Schoneman
661-310-2807
http://www.1-800-COMPANY.com
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