National Real Estate Network (NREN) Adds Business Lines of Creditcom to Local Investment Group Resource List

Released on = August 9, 2007, 4:32 am

Press Release Author = National Real Estate LLC

Industry = Real Estate

Press Release Summary = \'Real Estate investment group showcases Business Lines Of
Credit resource for investment funding that does not report to your personal credit
report'

Press Release Body = Detroit, Michigan - The National Real Estate Network (NREN) has
added BusinessLinesOfCredit.com (http://www.GetBusinessLinesofCredit.com ) to its
list of recommended investment resources for its members.

Urvi Mehta, one of the co-founders of the NREN, said that easy access to investment
capital is essential for real estate investors. She said that one of the major
stumbling blocks for both new investors and seasoned pros is available cash.

"A business line of credit puts the investor in a strong position for negotiating,"
she said. "It's also a lot easier and less expensive to do deals without having to
turn to hard money lenders."

Ralph Marcus Maupin Jr. (Mark) says that a business line of credit is almost a
necessity for the real estate entrepreneur or property manager.

"Having a line of credit is the best way to take advantage of quick turn real estate
investment opportunities. When a good deal is there, you have to have the cash to
take quick action," Maupin says. "It gives you a great competitive advantage."

The National Real Estate Network has identified
http://www.GetBusinessLinesofCredit.com as an important resource for its member
investors.

Business Line Solves Credit Issues

According to Michael Ogorek, a Michigan entrepreneur and real estate investor, one
of the best ways to fund business growth or to take advantage of investment
opportunities is to establish a business line of credit that does not show up on a
business owner's personal credit report. He says that this approach can eliminate
the impact of "maxing out" personal credit.

"If you have a business expense, don't let it drag your personal credit down,"
Ogorek says. "Especially when money is as tight as it is today. It's just too hard
for most people to get an unsecured personal line of credit."

He says an investor or other business owner may want to eliminate the personal
credit challenge by setting up a business line of credit that will provide easy
access to cash when it is needed.

A business owner can go to the Web site at http://www.GetBusinessLinesofCredit.com
to apply for an unsecured line of credit to be used any way that the business
decides. The line of credit is established based on the owner's credit score, but
does not appear on the owner's credit report. A minimum score of 675 is required to
qualify for the line of credit. The borrower must also have a credit report free of
delinquencies or bankruptcy.

$100,000 Line of Unsecured Credit
BusinessLinesofCredit.com can even help a new business get up to a $100,000 line of
credit, even if it is a brand new LLC or other business entity. The business must be
a true business entity such as a corporation or a Limited Liability Company (LLC).

A business can use the line of credit over and over again. Possible uses include:
. Short term cash flow
. Capital investment
. Business startup
. Growth
. Invest In Something With A High Yield
. Short-term equity replacement
. Debt consolidation to clean up personal credit used to fund a business enterprise
. Business Reserve

Contact the National Real Estate Network (NREN) at:
17199 Laurel Park Drive North
Suite 242
Livonia, Michigan 48152

Phone 248-762-0800

http://www.MegaEveningEvent.com.

This Press Release has been submitted by PREasy.com


Web Site = http://www.megaeveningevent.com

Contact Details = street address : Laurel Manor 39000 Schoolcraft Rd

City

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