Top 10 Benefits of Business Credit

Have you been asking yourself if the benefits of business credit are worth the effort?

The fact that you’re here right now proves you know how powerful corporate credit can be. During my research I discovered a ton of benefits of business credit.

For sake of time, I’ll just list my favorites benefits of business credit…

My Top 10 Favorite Benefits of Business Credit:

BENEFIT #1: Separates Personal Finances From Business
Having your personal and business finances lumped together is not only a poor business practice, it can leave A LOT of financing on the table and prevents you from utilizing both your personal AND corporate credit to the fullest potential.

Wouldn’t you rather have the best of both worlds?

BENEFIT #2: You Have 100% Control Over the Spending
Unlike some loans where you have to spend the money on a specific purpose, with most corporate credit it’s left up to you to choose where the money goes and what to spend it on.

BENEFIT #3: Strong Credit Makes It Easier for Future Loan Approvals
Once you build up a corporate credit profile, it’ll become even easier to get approved for additional credit. The better your corporate credit – the more creditworthy your business appears to lending institutions and vendors alike.

BENEFIT #4: Maintain & Improve Business Cash Flow
If you’ve been an owner for any length of time you know that an interruption in cash flow can kill a business fast. By having good corporate credit, you can ensure that you’ll always have the funds you need to pay for necessities and keep your company running smoothly.

BENEFIT #5: The Least Risky Way to Secure Funding For Your Business
Applying for traditional loans can cost you an arm and a leg in interest charges alone. By having good corporate credit, you’ll get approved for better terms. Plus, with no PG lines of credit, you’ll never have to worry about being personally liable for the debt if things don’t work out.

BENEFIT #6: The Ability to Work with Higher Credit & Loan Limits
One of the biggest benefits of business credit is that you’re able to get approved for SO MUCH MORE MONEY! Once you’ve established good corporate credit, lending institutions will see that you’re creditworthy with the ability to pay on time and will begin to approve you for higher credit & loan limits. Within 6 months or less it’s not uncommon for companies to secure $50,000-100,000+ in credit.

There are even more benefits of business credit…

BENEFIT #7: It’s Easier Than Traditional Funding Qualifications
Traditional funding methods rely more heavily on current income and collateral. However, Corporate Credit comes with more flexibility as lenders will take a variety of factors (not just revenue) into consideration.

BENEFIT #8: Corporate Credit Offers Lower Interest Rates
Lenders like to see that you have consistent cash flow to pay bills on time and that you have no delinquencies on your record. Lenders are more likely to offer favorable loan terms to businesses that have proven their creditworthiness versus companies that have no credit history.

BENEFIT #9: You’ll Get Better Terms From Suppliers & Vendors
Another one of the best benefits of business credit is that with good business credit you can get lower interest rates and terms. Just like lenders want to know your creditworthiness – suppliers and vendors do too. So don’t be surprised once you’ve established good corporate credit to begin seeing better offers & terms. If you’ve had accounts established for a while you may want to re-negotiate with long-time vendors for better terms.

BENEFIT #10: It Leads to Better Business Building & Management
As a business owner it’s your duty to do what is in the best interest of growing your business. By making corporate credit a priority you’ll be growing your company (and creditworthiness) the fastest and most efficient way possible. As your credit and cash flow grow, it will continue the cycle and further build up your corporate credit scores which will make you look even more favorable to lenders. Besides all that, thriving businesses create more jobs which lead to more financially-secure, happier families.

BONUS BENEFIT #11: The Process is Simple to Do!

I know what you’re thinking… “but I’m already busy and don’t have a lot of time to commit to getting business credit.”

I felt the same way but no worries! Thanks to Private Wealth Academy they’ve made this process very simple and straight-forward to do.

All I did was follow their step-by-step guide, complete the weekly checklists and was approved for over $50,000 within a few months – just by doing 15-30 minutes of work a few days a week. Not bad, eh?

Here’s what one student was able to accomplish in just a few months…

Are you beginning to see the benefits of business credit?

Corporate Credit Secrets is officially open to the public once again!

Now you can build excellent high-limit corporate credit in months (not years)!

With Corporate Credit Secrets you can use this same strategic, proven method to help you secure tens to hundreds of thousands in credit.

Best of all – you can easily repeat this process as many times as you want.

Learn how Corporate Credit Secrets can help you.

If you’re tired of…

Not having enough cash to start or run your business…

Getting denied credit or…

Worrying if your company will survive the tough times…

Corporate Credit Secrets is right for you.

See you inside!

By the way, if you didn’t get to watch it all, today is your last chance to watch the Corporate Credit Workshop.

Your friends in finance,
Private Wealth Academy