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There are many different theories about getting business credit.It's not that hard to get some form of credit for your corporation or business, but if you aren't doing certain things right, you probably aren't getting the most amount of credit you could be entitled to.
I've broken all the following rules, but I was still able to get $93,000 in business credit in just 3 months.
Could I have received a lot more? Sure, but sometimes good is good enough.
However, if you want to get the maximum amount of credit for your business then make sure you follow these rules.
- Get a land line versus a cell phone. This could be as simple as getting a Vonage number. Just make sure that on the credit application you aren't listing your cell phone number as your business phone number.
- Put a commercial address on your application. If you do nothing else, do NOT list a Post Office Box. A UPS store address is better, a home address even better, but the best is having a commercial address.
- List your business in 411. It's just another step towards making you look more legitimate.
You can have that mom and pop shop, but give the bank the perception that you are a Fortune 1000 company. The best part is that this is all completely legal and legitimate!
Dustin Mathews, also known as the King of Unsecured Loans, is the nations most celebrated small business and entrepreneurial financing expert. For more information tune into a call we're hosting with Dustin coming up later in the month. Find out more about this special call online at: http://www.foreclosuresmass.com/bizcredit/
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