Asset Protection Expert Kevin Wessell, Explains How to Borrow Without Personal Risk

Released on: October 1, 2008, 9:27 am

Press Release Author: Brett Schoneman

Industry: Consumer Services

Press Release Summary: Kevin Wessell, nationally known asset protection and business
planning author and CEO of 1-800-COMPANY, explains how to form your own corporation
and obtain and build business credit without affecting your personal credit.

Press Release Body: For those thinking about starting a new business, probably the
first obstacle they will run into is how to raise the money for the office space,
equipment and other business expenses. New business owners may be thinking about
taking out a personal loan, maxing their credit cards, borrowing from their family,
using their life savings, even taking on a partner.

“But think twice before doing so”, warns Kevin Wessell, nationally known asset
protection and business planning author and CEO of
1-800-COMPANY, a company which specializes in helping customers form corporations
and build business credit since 1977. “With the options above you risk going into
debt, harming your personal credit history and even falling prey to lawsuits”.

Consider forming a corporation and building business credit instead.

The benefits to this strategy are:

1. Get cash to cover start up business expenses or grow your business

2. Get open lines of cash credit to operate your business

3. Get automobile and equipment leases without a personal guarantee or personal
credit check

4. $50,000 in lines of business credit and credit cards with additional programs of
up to $5 million available


How Long Does it Take to Build Business Credit?

Not as long as many people think when they know what they are doing. It doesn’t
have to take 4 or 5 years to build up business credit, but rather 30 to 90 days when
someone uses a professional business credit building service or purchase a shelf
corporation or aged company.

These are accelerated credit building programs or corporations that are already
created including pre-established credit, which means those that pursue this avenue
are ready to start getting lines of business credit right away.

Benefits of using a professional business credit building service or purchasing a
shelf corporation or aged company:

1. Immediately own a company with a corporate history.

2. Easier to obtain business credit cards and business credit lines.

3. Often, lenders require a business to have been in existence from six months to
two years or more before lending it money.

4. Ability to borrow money from banks.


For a free consultation about forming a corporation and building business credit,
call or visit the website www.1-800-COMPANY.com, where this is a great deal of
valuable information to help better plot a suc­cessful strategy for starting a
business.


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Web Site: http://www.1-800-COMPANY.com

Contact Details: Brett Schoneman
1-800-COMPANY.com
28015 Smyth Drive
Santa Clarita, CA 91355
661-310-2807
brett@1-800-COMPANY.com

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