Who needs Business Credit?

If you are a small business owner, or a self employed entrepreneur starting a new business then you need business credit. Business credit is the life line of small businesses. Business lines of credit can be used to pay employees, start a new business, capital expenditures, and commercial real estate. Most business owner don't realize the importance of having lines of credit for business expenses. Business lines of credit provides funds for emergencies and expansion. But before you can get approved for business credit your business credit profile needs to be solid. Having the the right set up from the start will get your business funding in no time. There are a number of steps that need to be taken early on in the process of building business credit in order for your business to get approved for the line of credit that you need.   

1. Business registration with state and federal governments.
2. Business incorporation kit with minutes and stocks certificates filled out properly.
3. Corporate tax returns filed
4. Preparation of projected financials
5. Business to Business public filings
6. Website presence for online visibility through all major search engines. 
7. Business credit bureau registrations
8. A Business Plan providing a plan for your business.

These are some of the main steps that need to be taken ahead of time before your company can even qualify for large lines of credit from banks. As we head into election season the lending guidelines will tighten up until after the elections in January 2013. Why not start preparing your business to be lend able by taken the steps listed above.

Business Credit America is the #1 source for business credit services online. We have expert business credit consultant to assist you with your business credit needs. Visit us today for a list of services offered, products and to join our FREE business credit forums.

We are the source for business credit education. Don't hesitate. Act now and get your business on track to getting approved for thousands of dollars in business lines of credit.

Al,
alplouis@gmail.com
www.twitter.com/alplouisea
1-888-821-6408 ext 2
www.businesscreditamerica.com