With Business Credit Perception Is Not Reality

With Business Credit Perception Is Not Reality

There are many different theories about getting business credit.  Now, it’s not hard to get some form of credit for your corporation or business, but if you aren’t doing certain things right, you probably aren’t getting the most amount of credit you could be entitled to.

I’ve broken all the following rules, but I was still able to get  $93,000 in business credit in just 3 months.  Could I have received a lot more?  Sure, but sometimes good is good enough.

However, if you want to get the maximum amount of credit for your business then make sure you follow these rules.

1.  Have a land line versus a cell phone - This could be as simple as getting a vonage number.  Just make sure that on the application you aren’t listing the business phone number the same as your cell phone number.

2.  Put on your application a commercial address - If anything don’t list a P.O. Box.  A UPS store address is better, a home address even better, but the best is having a commercial address.

3.  List your business in 411 - It’s just another setup towards making you look more legitimate.

Imagine if you were granting money to a company.  Wouldn’t you like to see that this is a legitimate looking business, rather than some mom and pop shop running out of the basement.

You can have that mom and pop shop, but give the bank the perception that you are a Fortune 1000 company.  The best part is that this is all completely legal and legitimate!