Art-Official-Code Corp

#Credit Lines and Credits Cards function almost the exact same. One big difference is that #Creditcards offer reward points and intro rates of 0%, #creditlines typically don’t. #CreditUnions. https://goo.gl/U4RfZg

Many #business owners think they have items reporting on their business #creditreports that really aren’t reporting. But over 90% of #tradevendors don’t report to the #businesscredit reporting agencies. https://goo.gl/U4RfZg

#Tuesday I'm not the kind of actor that would know what my character had for breakfast last #TuesdayThoughts. #TuesdayMotivation #TuesdaySelfie #tuestories .

As we #celebrate #LaborDay, we #honor the men and women who fought tirelessly for workers' rights, which are so critical to our #strong and #Successful labor force. #LabourDay2018

Merchant #Cash Advances use your #past and current credit card history to determine how much #financing you can be approved for.

80% of U.S. #businesses use #equipment lease #financing to acquire #equipment for their businesses.

Purchase #order #funds can commonly be delivered within a week after #approval, and #interest rates and terms are typically very good.

Being a #home #owner #increases your chances of being approved. It shows a #greater level of maturity and responsibility. Plus, it shows you can manage a #higher monthly #payment. And your home might even be used as collateral for some #financing such as #SBA loans.

The real #secret to #business credit is #getting approved for #credit with vendors who will #report to the business reporting agencies.

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#Building credit for a #business is rather simple at the core of it. Sure, there are #details. But the process isn’t #rocket science, and is perfectly achievable for those willing to put forth the #necessary effort. https://goo.gl/U4RfZg

#Purchase order #funds can commonly be delivered within a #week after approval, and #interest rates and terms are typically very #good.

#Business #loans are available at a lot of places including SBA loans offered from #conventional #banks. Many #lenders also provide business loans and some other types of collateral based financing also #offer loans such as book-of-business #financing for insurance agents.

A fixed #interest rate can still go up. The #credit #card company must give you notice, but they can still raise your fixed interest rate to a #higher one. https://www.aocbusinessfinancing.com

#FridayFeeling ChexSystems is an #information sharing network for #Banks , to help banks screen account #applicants. https://www.aocbusinessfinancing.com

#building #credit for a #business is rather simple at the core of it. Sure, there are details. But the process isn't #Rockets #science, and is perfectly achievable for those willing to put forth the necessary effort. https://goo.gl/3kVxCw

No matter what you’re told... #personal #credit ALWAYS matters... unless it isn’t being looked at. For example, when applying for #business credit you can use your #EIN to get approved and leave your #SSN off the application. http://www.artofficialcode.com

#GoodFriday is a day of hope. It is a day where we look forward to a brighter #Tomorrow. Many things have happened to change the #Course of our #lives, but it has not shaken our #faith. http://www.artofficialcode.com

General #consulting type #names #work #best as nobody will deny you then, any other #industry specific #name very well might #restrict your ability to get #money with some lending sources and credit issuers.

Approximately 10% of #people actually #read the terms and conditions of their #creditcard accounts. That means as many as 90% of credit card #users don’t know the true details behind their own credit cards!

The Vantage score is a collaboration of the major #credits #bureaus with a stated goal of a more accurate and standardized grading #system, and an unstated goal of replacing FICO scores altogether & capitalizing on the credit scoring marketplace. http://www.artofficialcode.com

More than 50 #global, #industry, and #trade associations #recognize, recommend, or require the Dun & #Bradstreet DUNS number.

The secret to #business credit is to #work with the #vendors and #merchants who report to the appropriate business #credit reporting agencies. http://www.artofficialcode.com

The #secret to #success with #business credit is to start #building credit with #vendors who report to the business #credit reporting agencies. http://www.artofficialcode.com

#Bank #credit is not only based on #monthly deposits, #balance rating, and check #history, but also includes: the age of the #account, the bank products the #business uses, and any savings account or #investments the business has.

Usually on your #first order they’ll give you a #starter kit with a #binder, #depositbag, #company stamp/seal for endorsements, and other perks.

Every #bank has a service they’ll #recommend to get #checks for your #business bank #account.

Incorrect #information reported to ChexSystems could prevent you from #opening another #bank #account.

A #fixed #interest rate can still go up. The #credit card company must give you notice, but they can still raise your fixed interest rate to a higher #one.

These #card limits will mimic your highest #business #credit card #account limits now. Rates are similar to #consumer #cards and no #personal guarantee from you is required.

You must show #increasing #profits from #year-to-year, not declining profits. Declining profits are a #sign of trouble, and most lenders will #RUN away from any deal where the #applicant has #revenues or profits declining from year-to-year.

#Equipment Leasing is one of the most #common #types of equipment #financing available today.

Let us #sacrifice our #today so that our #children can have a #better #tomorrow.

We must let go of the #life we have #planned, so as to #accept the one that is #waiting for us.

Having #finance options makes it #easy for you to obtain financing based on the strengths of your #business while ignoring the weaknesses. http://www.artofficialcode.com

General #consulting type names #work #best as nobody will deny you then, any other #industry specific name very well might restrict your ability to get #money with some lending sources and credit issuers. http://www.artofficialcode.com

#Building #credit for a #business is rather simple at the core of it. Sure, there are details. But the process isn't rocket #science, and is perfectly achievable for those #willing to put forth the necessary effort. http://www.artofficialcode.com

These card #limits will mimic your highest #business credit card #account limits now. Rates are similar to consumer cards and no personal guarantee from you is required.

So to start your #business credit #profile the RIGHT way, you need to get approved for vendor #accounts that report to the business #credit reporting #agencies.

Experian’s #business #credit model is #designed for #companies that provide #goods and services to #small businesses.

With equipment #financing you can deduct the #interest you pay on the lease and you won’t need a #large down #payment to be approved.

There are #group alternative #lending into 3 categories, #credit, collateral, and #cash flow. We have discussed several funding types that are #available based on your credit. Some use your #business credit for approval while others use your #personal credit for approval.

In the #business lending arena there are two main types of #financing. Secured financing, this includes #money that requires some type of asset be pledged as #collateral for the #loan. Unsecured financing, this includes money that doesn’t require any collateral for #approval.

There are a few types of #credit #cards you can secure in the business funding world. Most of these cards work exactly as consumer credit cards do, but with additional #benefits. The provided benefits depend on the type of cards you are getting.

#Merchant Advance #Loans are a great source of #capital for your #business.

In #US states, #businesses that provide professional services requiring a state professional license, such as legal, may not be allowed to form an #LLC but required to form a very similar entity called a #Professional Limited Liability Company (PLLC).

ChexSystems is an #information #sharing #network for #banks, to help banks screen #account #applicants.

Dun & #Bradstreet is the biggest and major #business #credit reporting #agency. Commonly known as D&B, the agency provides information on businesses and #corporations for use in credit decisions. Dun & Bradstreet is a publically traded #company with a headquarters in Short Hills #NewJersey, and trades on the #NewYork #StockExchange.

Equifax #business also has an #online system for #credit disputing that they provide through their online credit monitoring #platform in their #member center under Disputes.

Many of our #clients obtain $50,000 in #business #credit within only 6 months.

Great information, I would advise anybody that needs business funding to go!!!

Business credit is credit in a business name that’s linked to the business’s EIN number. This is credit a business owner can obtain that is not linked to their SSN. When built correctly, the SSN isn’t even supplied on the application meaning there is no personal credit check to obtain this kind of EIN credit.

The #secret to #success with #business #credit is to start building credit with #vendors who report to the business credit reporting agencies.

Keep in mind, the #business #credit reporting #agencies may not be allowed to release the name of the person making the negative reference on your report. REMEMBER, you don’t have the same #rights as you do with consumer credit reporting as there is no fair

Many #lenders now look at the #bank account start date as the corporation start date. Most shelf #corporations don’t come with established bank accounts. Some shelf corporations have actual credit problems making it harder to get funding, not easier. Most lenders know what to look for to #see if the corporation is a shelf corporation. Things like your business Bank Rating could tip them off. #Public records also show the change in ownership which raises red flags.

There are no application #fees and no out-of-pocket #costs with Merchant #Cash Advances. http://www.artofficialcode.com

The Vantage score is a collaboration of the major #credit bureaus with a stated #goal of a more accurate and standardized grading system, and (arguably) an unstated goal of replacing #FICO scores altogether and capitalizing on the credit scoring #marketplace. http://www.artofficialcode.com

There are a few types of #credit cards you can secure in the #business funding #world. Most of these cards work exactly as consumer credit cards do, but with additional benefits. The provided benefits depend on the type of cards you are getting.

Lexis Nexis is a huge #company that provides a variety of #information types to a variety of #corporate and #government customers.

Collateral based #lenders are also called asset based lenders. They can approve you for money even if you have #bad credit, and in many cases if you just opened your #business. The key is you need acceptable collateral to get approved.

Most #business owners have not heard of a DUNS number, Paydex #score, Intelliscore or Duns and #Bradstreet. http://www.artofficialcode.com

Though many companies have had difficulties getting approved for business loans, #private equity #financing has always been available. http://www.artofficialcode.com

Most lenders issuing #loans and credit lines will require tax returns on top of P&L statements and #bank statements to verify your income. Your #tax returns must show good #profits, the amount you show will determine the amount of #money you are approved for. http://www.artofficialcode.com

#Business credit with no #personal credit check or #guaranty is available through Shell, Sam’s Club, Costco, Radio Shack, and more. http://www.artofficialcode.com