BusinessFinance com Proves Vendor Lines of Credit Are a Necessary Part of Any Business Financing Plan

Released on = September 19, 2006, 10:51 pm

Press Release Author = Corey Pierce/BusinessFinance.com

Industry = Small Business

Press Release Summary = BusinessFinance.com is eager to announce that their Business
Finance Coach shows businesses how they can establish vendor lines of credit.

Press Release Body =

Foothill Ranch, California - BusinessFinance.com is eager to
announce that their Business Finance Coach shows businesses how they can establish
vendor lines of credit. This type of credit can benefit businesses in two ways. They
get the vendor credit for the specific product or service, and if they use the
correct vendor they will build their business credit score.

The Business Finance Coach tells users which businesses to establish vendor lines
of credit with, so that credit can be built. Out of more than 500,000 vendor credit
line options, only 6,000 actually report the account payment history, helping
businesses build their credit. From those 6,000 that report to the credit agencies,
close to 1,000 allow a business owner to establish vendor credit without using
personal credit history. Businesses can find this valuable information on who to
establish credit with in the Business Finance Coach.

The coach also helps businesses establish five vendor lines of credit, three
business credit cards, and one business loan that report their information to the
three major business credit reporting agencies including the Small Business
Financial Exchange. More information on the Business Finance Coach can be found at
www.businessfinancecoach.com.


"You have to make sure that you are building your business credit properly," says
Corey Pierce, CEO of BusinessFinance.com. "Building your business credit will help
you get the financing you need to expand or start your business. The Business
Finance Coach will show you step-by-step how to establish good business credit
scores."

The Business Finance Coach shows business owners that there are 20 items that a
business must have in place before most lenders even look at the credit scores to
approve a loan. These are simple items like making sure the business is listed with
411 directory assistance under the exact business legal name and to verify that
their bank account, state filing and EIN number all list the business with the same
legal name.

To complement the Business Finance Coach,
Web Site = http://www.businessfinance.com

Contact Details = Corey Pierce, CEO
949-340-2133 ext 200
paul@businessfinance.com
www.businessfinance.com

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