Rob Farnham – Corporate Credit Power
But Beware,There Are Sharks In These Corporate Credit Waters!!
Like anything else, there are people that exploit this information. The enormous size of the credit limits being granted to corporations has spawned a large group of extremely high priced experts and professionals.
When we started seriously researching this topic all those months ago, we ran across a flock of websites that offered ways to greatly accelerate the corporate credit building process. These website offers ranged in price from $69 ebooks to “attorney assisted” services costing as much as $15,000!
As you know, the opportunity to speed up any process is VERY tempting. These brilliant marketers understand that idea and it makes their “insider services” hard to resist!
We admit it.
We fell for it!
We bought a few of the ebooks, CD’s, programs and even had a consultation with a “corporate credit professional” (??)
Here’s what we learned from wasting that money:
Many of these programs provide out-of-date information that is simply no longer valid.
Many of the “consulting services” that charge astronomical fees, use methods that, if discovered by the reporting bureaus, would cause your corporation to be blacklisted. This would force you to start over and incorporate a new company. A few of these “services” have recently been charged by government regulators!
A few programs promoted “blackhat” methods. These crazy methods included creating a new personal credit files using new Social Insurance Numbers, utilizing corporate credit to buy personal items (they say your lenders won’t care (??)) and forming offshore corporations using ATM cards to hide transactions. If you followed the advise of these programs you could damage your personal credit file, ruin your chances for true corporate credit, and possibly end up in jail from executing some of these blatantly illegal procedures.
Thankfully, we didn’t try any of the methods that would have caused us to ruin our business profile, or break the law. In the end, all we did was waste our money on methods that weren’t legitimate, or were written by individuals who obviously had no experience building corporate credit.
There are a few reputable high-end accounting and legal firms that will assist you in legitimately creating and building your corporate credit. The fact that this process takes months is to their advantage. There is nothing that lawyers and accountants love better than projects that take months (or years). They LOVE billing you monthly for their services!
Do you believe in “LUCK”.
The lady (Jules) who we mentioned above, had a bad personal credit rating. She used our information to slowly build a great corporate credit file. Do you think it’s “luck” that a great business opportunity (one she had looked at previously, but couldn’t afford) became available at the same time she had been approved for that amount of corporate credit??
The #1 Rule Of Borrowing
“Banks and Lenders Don’t Want To Lend You A Penny When You Need Money!”
The #2 Rule Of Borrowing
“Banks and Lenders Bend Over Backwards To Setup Lines Of Credit And Lend You Money When You Don’t Need It!!”
Don’t fight those common rules, use them to your advantage!
Spend the time NOW and start building your credit limits, BEFORE you need the money. Major financing will be in place for when YOU want it!!
Building your corporate credit first is like putting a safety net under your new high flying business. Hopefully you won’t need it for emergencies, and only use it for expansion and acquisition. But, it’s good to know it’s in place should you make a small miscalculation.
Many, many small businesses are forced to fold up before they have a chance to be profitable because of one small mistep. Eliminate that possibility, grow your corporate credit limits as your business insurance policy!
This could be the smartest decision you make towards starting that profitable business you’ll love!
Somewhere in your future, an opportunity will present itself that could be YOUR brass ring. By starting today, you will be able to profit from that opportunity when it taps you on the shoulder.
Or
You will have to politely decline the opportunity due to “lack of financing”!
Access Download Corporate Credit Power – Rob Farnham right now!
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