Money, Money, Money with Maria Simone

An Empowered Woman

An Empowered Woman

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Maria shares how true business credit involves: 1. Leveraging your tax ID number so that your business has its own credit profile with the various credit bureaus such as Dun and Bradstreet, Experian Business and Equifax Business. This is important for disassociating your personal finances from your business. 2. Establishing trade credit lines in your business name so that OTHER businesses are extending payment terms to you. This helps to immediately improve cash flow. 3. Building a Paydex credit score for your business between 80-100 which is essentially the equivalent or your personal credit. 4. The ability to obtain credit cards and other lines of credit from financial institutions solely on the merits of your business. Think Donald Trump uses his own personal credit to finance his real estate empire? Think again! The advantages of establishing business credit are tremendous! Not only will it help to improve immediate cash flow, you’ll have financial resources at your disposal when you need them most, you’ll protect your personal financial assets, and strategic partners (as well as potential investors) will be more inclined to do business with you when they see you have a credit profile. For more FREE expert advice on how to access up to $100K in business credit funding please join us on Sunday April 10th at our Second Sunday Series. Visit www.AnEmpoweredWoman.com or call the office at 818.865.8563 for more details. See you then!
Tags:
business credit
women in business
women entrepreneurs
women organizations
capital for business
Broadcast in Business
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