Showing posts with label BUSINESS LOANS. Show all posts
Showing posts with label BUSINESS LOANS. Show all posts

2017-01-11

How To use Business tradelines to get business credit cards?https://3wayfunding.com/optin


How to buy business trade lines to build business credit?
Many business owners buy business trade line to help build their business credit.  However, when purchasing these business trade lines, you may continue to face several challenges when trying to get funding for your business.  One of those challenges is once you add the business trade lines, you may still need to have bank statements and tax documents in order to get qualified for funding. 
Another issue you may have with adding business trade lines knowing if and when they’re going to show up on your business credit file.  This is a big gamble because you cannot predict when the credit bureaus are going to report.  This is why I try to encourage small business owner and entrepreneurs to focus on repairing there personal credit and pairing it with their company then apply for funding.
When you have good credit and a new business banks will start you out with business credit cards and business lines of credit.  The reason for this is that you do not have a business relationship with the banks.  You may also want to stay away from the business loans because they want your business to have been in existence for at least 2 years and you would have to provide bank statements and taxes.

So, if you’re trying to get funding for your business, I would encourage you to repair your credit and then apply for the funding under your business.

2017-01-07

5 Ways to Reduce Your Business Taxes With Business Credit Cards? https://3wayfunding.com/optin

https://3wayfunding.com/optin, https://houstonmcmiller.com http://www.businesscreditamerica.com/ 1-888-883-3013


There are many perks to being a business owner, like being you own boss, making your own schedule, putting a higher dollar value on your time, and pride of ownership. Another great reason, you want to own a business because you can qualify for higher credit card limits and these credit cards do not affect your personal credit once you’re approved and if you’re set up as a C-corporation.

However, one the biggest most benefits are the business tax write-offs.  Business ownership does have a price, especially when you’re using the banks money to help fund the business.  The good news is that business bank fees can be tax deductible and we give you a few examples here:
Annual Fees
Annual fees on a business card are tax deductible. This may be a great way to justify getting that card with the steep annual fee that also has amazing rewards. Yes, you can write it off, but keep in mind that the primary use of the card needs to be for business purposes and not for personal use.
Late Fees
Hopefully you’re not incurring late fees on your credit cards, but mistakes happen and you sometimes forget to make a payment. Those fees can be written off for your business taxes. Of course, it’s always best to call the company and explain you simply forgot and ask if they can waive the fee this time; saving $35 is almost always going to be better than claiming a $35 tax deduction.
Interest Charges
Again, in an ideal world you won’t be paying interest on any of your purchases. But there are times when you need equipment, and there just isn’t enough cash in the bank to pay for it right away. Those interest charges are all tax deductible.
Swipe Fees (point of sales fees)
As a business owner, you pay the credit card company every time someone uses their card to pay you. These are always business-related expenses and fully tax deductible.
Miscellaneous Fees

There are sometimes other fees associated with using a credit card. For instance, your cash advance fees are deductible.  

2016-11-20

Business Credit Tutorial: How to Business Credit? www.3wayfunding.com

https://3wayfunding.com/how-to-build-business-credit-without-a-personal-guarantee 1-888-883-3013


https://3wayfunding.com/how-to-build-business-credit-without-a-personal-guarantee 1-888-883-3013 http://www.businesscreditamerica.com/
Learn how to build business credit without a personal guarantee? We also show you how to build corporate credit and what’s the difference between corporate and business credit? If you’re currently unemployed you may want to learn how to start a small business at home or how to start a small business without money you need to learn these skills.  The problem for most entrepreneurs or small business owner they don’t know how to get business credit cards or how to get business lines of credit to help their business.  That’s why we talk about the difference between business credit using a tier system and how to get business funding after you learn how to build your credit.  We explain how to get an 80 paydex score and how to get a dun and bradstreen number.  Then we start talking about how to get a small business loan for the small business administration.
http://BusinessCreditAmerica.com, https://3wayfunding.com/how-to-build-business-credit-without-a-personal-guarantee 1-888-883-3013

2015-01-08

Business Loans Rejections Pt3 http://www.businesscreditamerica.com/

Business Loan Rejections




Hey guys, Houston here with Business Credit America, and I'm back with this last video on this three-part series of business loan rejection key points. And the last key point we're gonna be talking about when you're trying to borrow money from a banker or an investor is to never tell them you're planning on taking their money and paying off other creditors. And the reason you do not wanna tell them that you're taking their money to pay off other creditors, because you reinforce that you cannot manage money. You also let them know that you've over-extended yourself. And the last point of it is that, you may or may not be able to pay the loan back on time.
So those are the three things that bankers are listening to, when you tell them you're gonna take their money and you're gonna pay off other creditors. So be careful when trying to get investors involved, or just trying to borrow money. Going back over this, you never tell them that you wanna borrow the money for any type of business venture or real estate investment, because they look at you as if you're gambling with their money, okay? You never wanna tell them that you're trying to consolidate debt, because it's showing them that you over-extended yourself and that you don't know how to manage money, and that you never wanna tell them, and the last portion of this video is that you're trying to pay off creditors.

Because they look at it as you just reinforced that one: You don't know how to manage money. And number two: You extended yourself and number three: Is that you more than likely, will not pay them back or pay them back on time. So I hope this information is helpful to you in this three-part video series that's gonna help you put you on a better track to understanding how to get your business loan approved, or how to properly set yourself... Put yourself in a better position, so you can get approval for a business loan. Now, I do have another series of videos that I'm making, that's gonna introduce you, to how you're supposed to present yourself to banks, so they can understand why you need money for your business, and so they would be more than likely to help you get approved for that loan, than rejection for the key three points that we recently went over.

This is Houston with Business Credit America. I hope that you all get a chance to check out the website, businesscreditamerica.com. I hope the information is very helpful to you, and I hope it's something that you can implement... I hope the information is something you can implement in your business now. So please subscribe to the YouTube channel if you have not, also tweet us on Twitter, and like us on Facebook. Thanks guys.


http://BusinessCreditAmerica.com

2015-01-07

My [Business Loan] Rejections Pt1 http://www.businesscreditamerica.com/

Business Loan Rejections  !-888-883-3013



http://www.businesscreditamerica.com/ 1-888-883-3013

Hey guys, Houston here with Business Credit America and I wanna wish all of you a Happy New Year. I hope that you all had an amazing holiday season, and now it's the beginning of a new year; and with this year coming up, a lot of things are changing. The banks are gonna be loosening up on funding. So there's more opportunities. More real estate is gonna be coming on the market for those that are real estate investors. A lot of things are gonna start easing up for you to have the opportunity to grow your business and to get access to capital to help fund the business. So in this video, what I wanna do, I wanna talk about the three things that you do not want to ever share with your banker when you're trying to borrow money. Okay. And the first one we're talking about for business loan rejection key points.

And that first key point is, when you go to a bank and they ask you, "What do you wanna use the money for?" You do not wanna respond you wanna make use of the money for a business venture, or a real estate opportunity. The reason is, you sound like a gambler. Because you sound like you wanna take their money, and see if you have the opportunity to make profits, and then come back and pay them. You don't never sound like a gambler, when you're trying to borrow money. So never use these terms in explaining why you need money. And those terms are, you do not wanna say that you're looking into a business venture, or a real estate opportunity. This is just a poor way of communicating why you need money for your business or for your start-up. So this is Houston with Business Credit America. This is our first key point. We're talking about business loan rejection key points, and I hope that this is something that you can understand, and that you can work within your plan, as you move forward to get funding for your business. I really appreciate the support, and look forward to hearing from you. Thank you.

http://BusinessCreditAmerica.com

2015-01-03

[BUSINESS LOANS] How To Get Business Loans and Business Lines of Credit? http://www.businesscreditamerica.com/

[BUSINESS LOANS] How To Get Business Loans and Business Lines of Credit? http://www.businesscreditamerica.com/

If you're trying to get a business loan or business line of credit, you need have your business foundation setup.  You have to have the right business structure, high business credit rating and business bank rating.



We teach you the full process on:

how to get a start up business loans
how to get a business loans bad credit
how to get a small business loans
how to get a business grants
how to get a minority business loans
how to get a government business loans

[NAICS CODE] and how is it used? http://www.businesscreditamerica.com/

North American Industry Classification System (NAICS, pronounced Nakes) was developed as the standard for use by Federal statistical agencies in classifying business establishments for the collection, analysis, and publication of statistical data related to the business economy of the U.S. NAICS was developed under the auspices of the Office of Management and Budget (OMB), and adopted in 1997 to replace the old Standard Industrial Classification (SIC) system. It was also developed in cooperation with the statistical agencies of Canada and Mexico to establish a 3-country standard that allows for a high level of comparability in business statistics among the three countries. NAICS is the first economic classification system to be constructed based on a single economic concept. Click here to learn more about the background, the development and the difference between NAICS and the SIC