Released on = August 23, 2007, 3:49 am

Press Release Author = NREN

Industry = Real Estate

Press Release Summary = \'Business Lines Of Credit expert reveals keys to business
lines of credit that does not report to your personal credit report'

Press Release Body = Livonia, Michigan - Entrepreneurs, and small business owners
need cash now more than ever. However, business owners face a major challenge
finding a dependable, easy-to-use source of funds that does not create a drain on
personal assets and credit scores.

At some point, almost every entrepreneur reaches into his or her own pocket to fund
business growth or to meet an immediate business crisis. Let's face it, when the
rent is due or it's time to meet payroll, the entrepreneur often uses his own
personal savings, line of credit or credit card for immediate cash flow - especially
during the start-up phase of a new business. Real estate investors are notorious for
using a home equity line of credit (HELOC) to buy and rehab a bargain property. But
that scenario can be devastating to the personal credit and financial health of the
business owner.

Small 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."

Mr.Ogorek says a 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.

BusinessLinesOfCredit.com is one company dedicated to providing unsecured business
lines of credit to entrepreneurs, business owners, and investors. 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 uses the business tax
id. Therefore, the line of credit 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.

Furthermore, the business owner must have a corporation or a Limited Liability
Company (LLC). The BusinessLinesofCredit.com can even help new businesses get up to
a $100,000 line of credit, even if they have a brand new LLC or other business
entity.

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

Well known real estate investor and speaker Ralph Marcus Maupin Jr. (Mark) says that
a business line of credit is the perfect vehicle for Real Estate Investors. One of
the founders of the National Real Estate Network (NREN), Maupin says that a line of
credit is almost a necessity for the real estate entrepreneur or property manager.

"We have over 17 people in our Real Estate Club that have gone through
http://www.GetBusinessLinesofCredit.com all of they have gotten approved for varying
lines of credit. This is great program for Small Business owners." Maupin says. "It
gives you a great competitive advantage."

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

Janak Mehta, Business Development Director of National Real Estate Network said
\"Michael has a great program. He is not coming to sell a product. Instead, he is
coming here to help Investors, entrepreneurs, home buyers, and business owners to
get business lines of credit."

The National Real Estate Network address is: 17199 Laurel Park Drive North, Suite
424, Livonia, Michigan 48256.

This Press Release has been submitted by PREasy.com


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

Contact Details = Laurel Manor 39000 Schoolcraft Rd

Livonia (Detroit , Wayne)

Michigan

USA: 48150

Phone : 248-762-0800