2012-07-13

How To Get Banks to Lend Your Business Money, Without Them Looking At Your Taxes? !-888-821-6408x2

Many of us have heard that old saying (IT'S NOT WHAT YOU KNOW IT'S WHO YOU KNOW).  Well, when dealing with banks this is very true.  Here's the story.  Tom needs to borrow $50k to start a retail store, which has always been his life long dream.  Here's the problem, Tom does not know of anyone that could lend him that kind of money but the banks.

Tom goes to the bank one day and sits down with bank loan officer and tells him his dream.  The bank loan officer ask Tom several questions.  Do you bank with us?  Tom, replied, No. Do you have any money to invest in your business yourself? No. Do you have any assets to put up for collateral? No Do you have GOOD CREDIT? Tom, replied, No.  Do you have any experience in running a retail business?  No.

As the bank loan officer finished his questions, he said, I'm sorry Tom, but I'm afraid Our bank can not help you at this time.  As Tom started to walk away with his head down, the bank loan officer called him.  Hey, Tom, my bank can not help you but I hear this company Possibly can help you.  The bank loan officer gives Tom a card with a website on it http://BusinessCreditAmerica.com.  Tom, asked, What's Business Credit America?  The banker replied, they teach people like yourself, how to build your business and get it funded without you carrying all the risk.  Tom was much appreciated and went on his way.

Later that evening, Tom fired up his computer and typed in the web address http://BusinessCreditAmerica.com.  He looked over the website and seen they offer a Free Forum, he clicked on the .link and joined.  Tom was amazed at how much information was on the website.  There was information about business credit, personal credit, cash cards, investment groups, net30 accounts, Dun and Bradstreet, just to name a few sections.  Tom, was very excited and confused, because although he has an MBA(MASTERS IN BUSINESS ADMINISTRATION), he never learned this information in school.

After Tom read all the free information, he decided to Join http://BusinessCreditAmerica.com.  Once he joined he received a lot of ebooks, videos and a life time membership to the forum, which has so much more than the free forum.  Tom started to learn about how to use Ucc-1's to help build your business and personal credit, offshore banking, real estate, vendor credit, and much much more.  Now, that Tom have access to the right business information, he decided to put together a business and personal plan with the help from some of the members in the forum.  Here's the steps Tom took,
  1. He created a C-corporation
  2. He got a Tax ID#(EIN#)
  3. He got a Dun and Bradstreet #
  4. He filed a Ucc-1 loaning his Corporation $30k in cash and Assets
  5. He filed another Ucc-1 showing his Corporation Loaned him $20k in cash
  6. Tom remember his grandmother died and left him a house valued at $50k, so he transferred that over to the Corporation as well.
  7. He used some of the tactics in one of the personal credit ebooks to help clear up his credit.  
  8. He had his friend that's a CPA to submit projected financials to Dun and Bradstreet to get his credit rating high
  9. He ordered products from 6 specific vendors twice
  10. He opens up a Corporate Checking Account at the bank, where he was turned down for the $50k loan.
Now, 3.5 months has passed by and Tom has 700 fico score, a strong business credit rating, his ucc-1's are showing paid in full, and his grand mothers house is showing as collateral on his business credit file.  Tom is ready to go back to the bank, but this time Tom asked to have the Vice President of the business loan division put in his information for a credit card and a loan.  (Tittles do mean something in banks).  Tom gets approved for a business loan for $30k and a credit card for another $45k totaling $75k, when he only needed $50k.  This is all because the first banker gave him a business card, he assumed was useless.  http://businessCreditAmerica.com


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