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THE why you need Business Credit

Ad id: 1109162529493193
Views: 10

Need Funding?

NEED $18,000 TO $250,000?
pre-approval in 1 day
we don’t get you funding, we don’t get paid
funding takes 7 days to 14 days

Have you become frustrated with your lack of being able to build wealth, especially in this crappy economy? Why should only the rich people be able to increase their wealth during these hard economic times while everyone else gets more and more broke?

Let me tell you what the difference is between those who are multi-millionaires and multi-billionaires...and those who, unfortunately, don\\\'t get many chances in life because of their lack of leverage.

The wealthy always use OPM (other people\\\'s money) and that gives them massive leverage to build wealth.

As you know, real estate revolves around using OPM through banks, private money, and other lending institutions.

 What happens if you \\\"hit a wall\\\" and can only get a couple of buildings before the bank stops lending to you for additional property purchases?
 What happens if a bank focuses on your personal credit because the DCR (debt coverage ratio) they are looking for is too low on your property deal?
 What happens if a mortgage lender can get a 5.85% fixed interest on a 25-year commercial loan but the bank will only lend to a business instead of an individual?
These types of scenarios happen all the time and an inexperienced investor will end his or her wealth-building activities immediately.

The wealthy use OPM for everything but they never use their personal credit for anything. The rich build business credit and use it for leasing cars, purchasing investment real estate, getting cash lines of credit to build their businesses, and for many other investing and business related activities.

And using business credit allows an individual to have much more leverage.
 When a bank will issue a \\\"high\\\" unsecured credit card to an individual for only $5,000 - $10,000, a bank will issue a \\\"high\\\" unsecured credit card to a business for $50,000 - $100,000!
 When a bank will only allow an individual to purchase 2 - 4 properties with personal credit (even if you have an 800+ FICO), a bank will allow a business to purchase 6 - 8 buildings of a much higher dollar amount!
 When a bank will lend an individual between $5,000 and $10,000 for an unsecured signature loan, a bank will lend a business between $50,000 and $250,000 for an unsecured business line of credit (cash)!
Why do businesses get all the breaks with credit?
 Businesses traditionally use the credit for investing and business building activities to generate more wealth while individuals use the credit for personal purchases that do not build wealth.
 Businesses usually have a much higher amount of money coming in from gross sales to cover debts while an individual is limited by their annual income to pay back debts.
 And because of the recent government bailout, the government is working hard to avoid another 1930s Great Depression when banks stopped lending to the government\\\'s contingency to banks (for receiving the bailout) was to LIMIT credit to individuals while BOOSTING credit to businesses!
The sad thing is that most people don\\\'t realize that with the right set of tools, they can build strong business credit within a few months; they can take advantage of the same opportunities that the wealthy get to take advantage of.

If you build business credit, no matter how poor your personal credit is, you can see unsecured business credit cards for up to $50,000 or more. You can see business lines of credit (unsecured loans or cash) of up to $250,000. You can get money and use business credit to:
 Buy real estate
 Lease cars
 Start a business
 Expand a business
 Invest in an investment like stocks
And you don\\\'t have to be the guy (or gal) from the outside (the poorhouse) looking in (at the wealthy). You can be a part of that elite group by having the money to invest in the same opportunities that they do!

Call 602 330 1598
Linda J Wintersteen
602-330-1598 direct

I LOVE referrals, please do not keep me a secret!!!!!!!!!\\\'\\\'\\\'

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Last Updated on: March 20, 2018
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