Business Credit & Small Business Lending

"Small Business Lending Falls" is the headline for a article that I read earlier today. The article says that small businesses are unwilling take out loans to expand or invest in their business because of uncertainty in the economy.

Despite what I read I do believe that business credit is alive and well today. Many small business owners simply do not know how to build business credit for their business. With the current economy banks are reluctant to give out loans. They feel like there is too much risk out there to loan money in this current environment. The solution to this for small business owners is business credit cards.


Business credit cards are the most used financing vehicle for small business lending. Small business loans require too much paper work and to get a approved for a small business credit card only requires a solid business credit file and sometimes an average personal credit score from the small business owner.

Setting up your small business properly from start will allow you to get approved for the right business credit cards to finance or even expand your existing business. There are plenty of business credit cards to choose from that come with great perks. The Citi AA World Master card for example has great rewards for business owners that travel a lot. Chase and American Express also offer business credit cards with awesome perks.

Even during these turbulent economic times small business lending is still strong. Your business credit file must be complete with all the necessary information to get approved for a small business credit card. Don't let the negative information in the media discourage you from starting your own business. Learn proven methods to get your business qualified for unlimited lines of business credit.

The business credit e-book is your source for building a solid business credit profile. Click the link below to get your copy of the business credit e-book and start investing in your business today.


Al,
Tax & Business Credit Consultant

http://www.tradebit.com/filedetail.php/126427810