Understanding Business Credit

Business credit can be very complex and often leads to more questions than answers. Who are the two largest business credit bureaus? What rights does a business owner have for incorrect information on a credit report? What are the business credit scores? Just in case attention, more descriptive knowledge highest paying online casino. What do business lenders look at? Where do you find companies that grant credit? How do you get a company to grant credit? Which companies report to the business credit bureaus? What credit card companies do not require personal guarantees?

At Funding The Dream, we help businesses understand the credit system and build strong credit ratings so they can take advantage of financing opportunities and increase their purchasing power.

Advantages of Having A Business Credit Profile

Just by building a business credit profile you will be able to limit the use of your personal guarantee and build business credit regardless of your personal credit history.

  • You will have more cash for the business
  • Convenience in purchasing
  • Protection of your personal assets from that of the business
  • Limit your personal liability from the business
  • No need for personal credit checks
  • Purchase vehicles with no personal guarantees
  • Purchase equipment, computers, and more with your business credit
  • Preparing your business for future lending needs

Separating You From Your Business

You can separate your personal liability and protect your personal assets from that of the business just by incorporating. It is possible to build a business credit profile for a sole proprietorship or partnership however you are still responsible for all the debts of the company. We recommend building your business credit as a corporation or limited liability company.

Other advantages of a corporation are:

  • Separates you from your business
  • Limited liability of the owners and officers
  • Lower tax liability
  • 100% tax-deductible insurance
  • Reimburse 100% of medical expenses
  • Improve your corporate image
  • Raise capital and build credit faster
  • Lower your audit risk as a small corporation
  • Stock ownership – easier to transfer assets
  • Protect Your Personal Assets

What you Get

Have Our Credit Experts Help You With the Following Disputes and Removals:

  • Bankruptcy
  • Public Records
  • Repossessions
  • Foreclosure
  • Judgments
  • Credit Fraud
  • Late Payments
  • Collections
  • Identity Theft
  • Excessive Inquiries
  • Reporting Errors
  • Charge-Offs

How it Works

We will evaluate your credit reports for FREE to determine what exactly we will be able to dispute and to give you an idea of the time frame and expectations.