If you are like most small business owners, growing your business is hurting both personal credit and your bank account, limiting the resources you have available to use for personal expenses. The fact is, most business owners choose a financing mix of personal savings, credit cards, and loans from family or friends to fund their business’s start up costs. While this concoction of funding sources is usual, it can also harm the owner’s personal credit, as well as limit the potential of the business in the future. Instant business credit is an alternative source of capital that can replace this common financing mix.
It is no secret that having too much personal debt hurts your credit score, lowering your credit worthiness to potential lenders. The more credit lines you draw on to fund your business, the worse off your personal credit will be. Midwest Corporate Credit offers solutions to entrepreneurs looking to acquire instant business credit. We direct our clients to lenders based on their business’s income, size, and S.l.C. code. The variety of lenders we have established relationships with allows us to get our clients the instant business credit that they need. More so, all products we direct our clients to do not report to personal credit. This means that the recipient may draw on the credit line without fear or their personal credit score being affected. By obtaining instant business credit, our clients can rest easy knowing that their personal scores are sheltered from the debt their businesses may take on.
Building and maintaining a business credit profile can sometimes seem like an impossible task to do on one’s own, especially when you must run a full time business simultaneously. By leveraging the experts at Midwest Corporate Credit, a business owner can concentrate on other pressing matters while our team gets them the instant business credit lines they deserve!