Business lines of Credit Solves Short Term Cash Flow Problems for Small Business Owners in the Metro Detroit Area
Released on: May 18, 2008, 12:45 pm
Press Release Author: Right Now Marketing Group
Industry: Small Business
Press Release Summary: Introducing a Step by Step Guide to "Business Lines of Credit
Press Release Body: Detroit, MI--Ralph Mark Maupin, an entrepreneur and real estate investor instructor at local Detroit college, said "One of the best ways to fund business growth and capital is to establish a business line of credit that does not show up on a business owner's personal credit report." Maupin went on to explain that this approach can eliminate the impact of "maxing out" one's personal credit.
"95 % of very small business owner have used his personal assets or credit to fund their business" Maupin said. Ralph Maupin 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.
A business can use the line of credit over and over again. Possible uses include:
. Short term cash flow . Capital investment . Business Start up . Business Growth . High Yield Investments . Debt Consolidation . Restore personal credit used to fund a business enterprise . Business Reserve
Maupin said, "The best of the best for giving you a step by step system to get a business line of credit is Pat Gage, the Opportunity Creator. I run a local real estate club in Michigan and Pat by far has the best system, of any speaker we have had, to get business lines of credit." Pat Gage was the main speaker, on Business Lines of Credit, at a club meeting this month. He shared valuable information on how to have access to a number of lending institutions and banks who are ready, willing and waiting to lend businesses money. He also explained the importance of separating company assets from personal assets to safeguard one's personal credit score and personal assets. Pat discussed setting up a Corporation correctly, knowing all the business and licensing requirements, understanding the IRS requirements, setting up a Dun and Bradstreet business credit profile, creating the business vendor or trade credit accounts, acquiring unlimited unsecured business credit cards, transferring balances to improve a credit profile, understanding and using leasing credit, and obtaining unlimited unsecured business lines of credit, and learning how to lay the groundwork for future requests-getting more capital than anyone could ever imagine for their business.
"Not a bad outcome for a guy who'd been doing the interest rate shuffle with Aunt Visa and Uncle MasterCard!" Pat exclaims.
"Investors and business owners who attended this event radically changed their credit building knowledge," said Mark Maupin. "I was impressed with Pat's knowledge and everything he shared. Many of the people who attended purchased his program."
Pat Gage, The Opportunity Creator, and a leading expert in the field of business credit has helped a number of clients target his specialty, starting, expanding, and growing their businesses through his trademarked 10 Steps to Money System. The Opportunity Creator is not only a sought after business credit coach but also a national speaker. For more information on any topic discussed, visit Gage's site at http://www.10stepstomoney.com this program works in all 50 states.
Web Site: http://www.10stepstomoney.com
Contact Details: Destiny Now, LLC 33006 7 Mile Road Suite 423 Livonia, MI 48152
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