Need more working capital for your company?
Imagine this…
You’ve opened your business…
Finally livin’ the dream – doing what you enjoy…
Helping people & making an impact in your industry…
But there’s a problem.
How do you get more money or working capital to scale up?
It’s one of the biggest obstacles we all face — especially when starting out.
More than 75% of new business owners use their personal funds as working capital to finance their companies.
It’s alright if you have a lot of money saved up…
And are willing to use all your savings to start a business…
Truth is, most people don’t have access to that kind of money (even with good credit scores.)
Why do so many businesses fail so quickly?
In four words – LACK OF WORKING CAPITAL.
First of all, the average company LOSES $30,000 their first year in business (closer to $100,000 if you own a brick and mortar business.)
The cycle goes something like this…
Owners use their personal credit to fund their business > due to low limits, soon max out credit > forced to either shut down business and/or declare bankruptcy.
Now they’ve destroyed their credit – have to rebuild it AND their business.
That’s why securing business credit as working capital is key.
Because it lightens the burden by allowing you to grow your business while using Other People’s Money (not just your own.)
Did you ever stop to think that every single lender first had to obtain working capital and funding in order to lend to others?
It’s true.
We’ll be touching on this more in the future but it’s kind of ironic that some of the most highly funded companies are in fact lenders themselves…
The point is – money is constantly changing hands and you can use Other People’s Money to reduce your risk & make it work for you.
The only difference between companies that survive and ones that don’t is…
Working Capital.
Companies that have sufficient working capital are able to get through the tough startup phases allowing them to grow more consistently and become profitable much faster.
Lack of working capital or funds is the #2 reason businesses fail (the #1 reason is mis-management)
It doesn’t have to be that way though.
There is more than enough money and working capital available to fund your dreams and business goals…
The problem is, most owners don’t know an effective, efficient, proven way of going straight to the money…
Sure, you’ve probably heard of…
SBA loans…
Bank loans…
And Angel investors…
But those options can take YEARS to qualify for, won’t work for all industries and typically require large amounts of collateral or giving up ownership in the company…
What if there was a way you could get approved for high amounts of credit and all the working capital you need in a matter of months – regardless of…
Your time in business…
Your industry…
Without having to provide collateral or giving up ownership in the company?…
That’s exactly what we help you achieve with Corporate Credit Secrets.
Whether you’ve been in business for years are haven’t registered your company yet – we’re here to walk you through this process step-by-step.
Just check out Casey’s Experience Using Corporate Credit Secrets
Why wait?
Start establishing business credit & working capital TODAY!
With Corporate Credit Secrets you’ll discover how you can access $50,000-100,000 in business credit for your company in 6 months or less…
Learn More About Corporate Credit Secrets
Are you in a high-risk industry? Not sure if you’re in a high-risk industry? Even if you aren’t – Be sure to catch our post tomorrow, we’ve got some tips to help you get more approvals that you won’t want to miss!
Your friends in finance,
Private Wealth Academy
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