Small Business Financing http://BusinessCreditAmerica.com

If you’re an entrepreneur or veteran in your business, and you’re finding it difficult to borrow money, then you may need to look at the foundation of your business. It’s unfortunate a lot of financial institutions loan officer do not have the knowledge to help you qualify for funding.
As a business owner for over 10 years, I am very familiar with the stress that comes about when you need money either to expand your business or just trying to make payroll. I discover 4 years ago about business credit, and I took all my free time to learn as much as I could about it. Many used this method to acquire funding, because their personal credit was destroyed.

A few things that I learned from studying business credit was that in order to obtain funding you must have a strong business foundation as well as good personal credit. Although, those facts made since, it made me feel discourage and uncomfortable, but as I educated myself more and took action, I felt a sense of relief.

I’ll like to share with you those steps I took to build up the foundation of my business in this outline.

 1st you must pick a favorable lending code. In the business world they call it SIC CODE or NAICS CODE. I made a video explaining these terms on my youtube channel on my website http://BusinessCreditAmerica.com.  Some of the favorable lending codes with be the following niches such as technology, education, retail, wholesale, and telecommunication.

  2nd step to building the foundation of your business is the structure of the business. Banks and Credit Unions are biased to the structure of the business. The majority of business owners are focused on either a S-Corporation or an LLC. However, banks favor C-corporations, because it’s look at as an entity that can vouch for its own credit, built up correctly. Another reason the C-corporation is preferred is because you can raise capital by issuing stock in the company.

 3rd step in building the foundation of your business is the registration of the company online. There are several avenues you need to take when registering your business. You would start with the business credit bureaus. These would be Experian business, Equifax business, Credit.net, and Dun and Bradstreet. Once you’ve register with those, you move on and register with the government systems like, Sam.gov, ORCA, MBA, and SBA. After, you’ve completed those you’ll register with the top search engines like google, bing, yahoo to name a few. The purpose of doing all of this registration, because this acts as a third party verifier. I discuss more of this in my ebook THE INSIDER BANK SECRETS.

 4th step in obtaining business funding is opening up 3 business bank accounts (checking, savings, and expense). By opening these accounts, you are establishing a relationship with the banks as well as building business credit with the credit bureaus. In my ebook I teach you how to make a small budget go a long way when building a good business relationship with the banks.
If you wish to learn more tips and secrets on how to build business credit to obtain funding join our community and forum at http://BusinessCreditAmerica.com.

7 Success Tips for Women Entrepreneurs and Business Owners http://BusinessCreditAmerica.com

http://BusinessCreditAmerica.com 1-800-652-7157 Learn the 7 Success Tips for Women Entrepreneurs and Business Owners.

In this video Houston goes over 7 success tips to help women business owners be successful in business.  These 7 basics will help the foundation of the business.

Here a the 7 steps to a success business for women entrepreneurs
1. Create a business around your passion instead of starting a business that's profitable for someone else so you try to create competition.  If you turn your passion into a business then you'll have fewer set backs as well as less stress.  I learned that following your passion is more rewarding then money, because doing something you enjoying doing with out the competition.  One way to find out your passion is to write down what your good at or what really inspires you and see how you can turn that into a profitable business.

2. Repair your personal credit.  In these challenging times one thing stands true is good credit.  The reason you want to fix your personal credit as a business owner that may have a family owned business is that you don't have to worry about outside investors. 

Many business owners had resorted to business credit and they ignored their personal credit.  However, with this past economy melt down and all the new financial regulations,  banks are requiring a personal guarantor.  Aa a business owner it looks very bad when no family member has strong enough credit to qualify for a loan so you can expand the business. 

That's why I encourage women and men entrepreneurs and business owners to fix their credit.

3. When naming your business be sure to include the type of product or service in the business.  I, myself have made this mistake, because you do not want a financial institution trying to figure out what type of business that you're running. 

Understand you could name the business but they also need to know right away what is it you offer.  I.E. Sam consulting is not as clear as Sam's Mortgage consulting, or Sam Electronics.  These examples show lenders what type os industry you're in without them guessing.

4.  Join entrepreneur and business groups and forums.  When you join groups that focus on your industry you'll have a higher rate of success.  Many business owners use facebook to connect with others and it's a great business resource.  If you sign into facebook and type into the search menu women entrepreneurs, if you look to the left and click on groups you can choose the groups that you want to join.  Their are alot of women business  groups that will support you in your business.

I also joined black business women online they have a very good supportive business network as well.  They are no bias ast o gender or ethnicity, but have a lot of resources people that could help your business.

You may also want to find a mastermind group to help you develop your business.  In the business credit america forum you'll find this resource available to you as a member. Also in the forum you'll have access to bi-weekly and monthly webinars to help you grow your business as well as monthly business news letters.

5.  You may want to consider partnering up with someone that has the same business interest as you if they hsave the financial resources to help you grow your business.  One would consider this method if they don't have strong credit or working with limited financial resources, but they know that the business is profitable.

6. Joining your local chamber of commerce to help you grow your business in your community.  The chamber is a great resource, because you get to meet and work with people that have been in the community and have a great relationship in the community.

7. SBA 9small business administration) has great resources for women as well.  They have a women business ownership program that teaches you how to get access to business loans.  I don't agree with how they collateralize all your assets to get a loan, but they do offer great info for a business owner or entrepreneur. 

Please check out the website http://Business Credit America.

5 Bad Credit Financing Sources http://BusinessCreditAmerica.com

 http://BusinessCreditAmerica.com 5 Bad Credit Financing Sources. goo.gl/ycLkHf 1. Merchant cash advances- these are loans that are done off of future credit card receipts. It you have an merchant account with flagship merchant, square-up, paypal, or intuit, just to name a few. You can attempt to get a loan without them looking at your personal credit. Although, I still feel you should focus on fixing your personal credit. 2. Forming a partnership with some that has access to cash or credit is another good resource. As long as, they have an clear understanding of what portion of the business they would own. This is why Business Credit America encourages entrepreneurs and business owners to setup C-corporations so you can just issue stocks instead of making people partnerships. 3. Micro-loans- are made by non-profit organizations, such as Accion (http://www.accionusa.org), which will grant small loans (up to $50,000) designed to help startups owned by women and minorities, as well as companies that are established in economic empowerment zones. Loans are also available through the Small Business Administration's (SBA) Microloan Program, which lends funds through non-profit community-based intermediary lenders. Microloans are a great option for businesses with bad credit or no credit histories because their credit requirements are typically more lenient. goo.gl/ycLkHf 4. Crowd funding- is a resource of private investors that are looking for business to invest in for a higher return on their money. When the banks experienced that financial melt down, they stop lending money to business owners. Many of their investors were not getting good returns on bank cd's, money market accounts, or annuities, so these investors started to lend money to small businesses in return for a better interest rate of return. They don't focus on the personal credit. These investors are looking at the profitability of the business is how they determine who they will invest their money with. 5. IRA'S- A lot of people that are still employed or may have access to their retirement plans, may want to consider borrowing from it. The term is called ROB- roll over business. We will discuss how to use the IRA's without being penalized early in the forums. goo.gl/ycLkHf

2013 What's Business Credit Funding? 1-800-652-7157 http://GoodCreditUnion.com

http://GoodCreditUnion.com 1-800-652-7157 What's Business Credit Funding?



Many entrepreneurs and business owners do not know think about what a company is saying when they claim they can get you business credit funding.  

When you hear that phrase you're thinking they are going to help you acquire cash funding such as credit cards and business loans.  However they are talking about helping you acquire vendor credit department store credit like grainger, seton, uline, staples, homedepot, office depot. and office max.

Now they may fulfill their obligation to contract but in reality that type of credit will not help your business, unless your in construction or consulting type of business.

Learn, how to build your business credit with out using net30 accounts.  http://BusinessCreditAmerica.com

2013 Why Should I Fix My Credit? http://GoodCreditUnion.com 1-800-652-7157

http://GoodCreditUnion.com 1-800-652-7157 In this video Houston with th GCU Group, Inc. explain why many people should fix their credit instead of getting a CPN or SCN.

1st you no longer have to find a co-signer to help you get an apartment, car, or student loan.  I understand this is embarrassing for many adults with bad credit.

2nd If you have good credit you could add a child or family on you credit cards as authorize users and they could inherit your credit.  This is one of the best gifts you can give someone if you're not rich or wealthy.  Your 18 year old could inherit your credit and you will not have to co-sign for them an  apartment, car loan, or student loan.

3rd You could buy real estate in which you could not do with a CPN or SCN.   Many people want to get into real estate investing but they must understand that having good credit will make it easier to purchase that property.

4th When you fix your credit you don't have to show as much paperwork to get funding.  With a CPN or SCN creditors want to see the id or drivers license to go along with the file.  Creditors are asking for social security cards for that SCN or CPN, they are also asking for employment verification.  This is alot of personal information they are requiring now for an SCN or CPN.

5TH It's much more easier to get funding when you have good credit to do you investments, succh as buying a car from the auction instead of having to finance it from a car dealer.

This is Houston with Good Credit Union.  You can call me at !-800-652-7157 or email me Houston@goodcreditunion.com or Alex @goodcreditunion.com

Business Credit America: 2013 Why do I need a CPA for my business? 1-800-65...

Business Credit America: 2013 Why do I need a CPA for my business? 1-800-65...: Http://GoodCreditUnion.com 1-800-652-7157 In this video, I explain the new departments the that Good Credit Union have opened up to it's...

2013 Why do I need a CPA for my business? 1-800-652-7157 http://GoodCreditUnion.com

Http://GoodCreditUnion.com 1-800-652-7157 In this video, I explain the new departments the that Good Credit Union have opened up to it's clients.

Good Credit Union has added a Tax elimination dept. with a CPA and IRS Registered agents. As many of us understand that a CPA is the blood line of the business. Understanding having access to a CPA is one of the best resources a growing company needs to be profitable. 

Our CPA works right along side of our IRS Registered Tax Agents to make sure your company financial documents and taxes are looking good to financial institutions.

GCU Group also offers employment verification for people that work off of 1099 and need regular pay stubs created. This is great for someone that trying to purchase a vehicle or get into an apartment.

Check out our other services
http://BusinessCreditAmerica.com 1-800-652-7157