OfflineI posted about this a while ago, but I thing it is good to talk about it again. When trying to establish business credit, one of the fast ways to do it is attaching a seasoned trade (credit) line to your business. There are companies on the internet that offer this service. I will not make a recomendation, but if you google seasoned trade lines, you will find quite a few companies that offer this. How it works is once you have your coompany set up you can attach one of these trade lines to it which boost the credit score right away and you can then go apply for credit with your company with a good credit score. This is just another creative way to get credit built for your company.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Another creative way to help establish business credit lines is to call around to business owners to see if they will allow you to start a new phone line of service to their office or building and ask to use their address as a actual business address. Inform the business owner that you will not be using his facility at all. All of your calls are forwarded to an 800 number/answering machine. All of your mail will be forwarded by the business owner to a post office box. This is one of the key elements in starting business credit that will help your business credit scores. Offer to pay for the phone, and 20 dollars a month for using the address. Tell the business owner you will be suite A! I hope that this information helps!
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125