The Business Credit Handbook: Unlocking The Secrets And Power Of The Business Credit World
Synopsis "The Business Credit Handbook: Unlocking The Secrets And Power Of The Business Credit World"
The business credit world is different from the consumer credit world. Business owners can access more capital, at better rates, terms, and conditions if they take the time to get their business set up properly. The required steps, detailed by chapter are: The Power of Business Credit, Business Credit Reporting Agencies, Business Credit Scoring, Building a Strong Business Foundation, Building Business Credit, Building Vendor Credit, Building Revolving Credit, Bank Ratings, Obtaining Business Funding, Types of Available Credit and Funding, and, Understanding Personal Credit. Though this book might be categorized in banking because it deals with credit and loans from various sources including banks (banks are typically the hardest to qualify for - and your banker usually won't tell you the real reasons you did not qualify).... it is as much about strategic planning to setting up proper business credit as it usually takes outside money when needed to get a company where it needs to go. In addition to preserving the corporate veil by not personally guaranteeing business loans, the business owner's own personal credit is enhanced. Learn about this in Chapter 11 - Understanding Personal Credit
