BusinessFinance.com Exposes 10 Creative Business Loan Programs

September 09, 2006 (PRLEAP.COM) Business News
Foothill Ranch, California – BusinessFinance.com has exposed 10 creative business loan programs in their revised Business Finance Coach. These programs give businesses instant access to cash, so the businesses can grow at a faster rate.

The Business Finance Coach helps businesses build their credit scores by taking business owners through a step-by-step process for obtaining quality business credit scores. The coach helps businesses establish five vendor lines of credit, three business credit cards, and one business loan that reports their information to the Small Business Finance Exchange. For example, you can find over 5,000 business lending banks, but less than 300 of those banks will actually report your business credit history. The Business Finance Coach gives you complete access to the banks, credit cards, and vendor credit lines that will report your business credit, and help you build the credit you need to assist with obtaining the capital you want. More information on the Business Finance Coach can be found at http://www.businessfinancecoach.com.

The 10 unique methods for quick access to business capital include using a traditional home equity loan to obtain a reporting business loan, using purchase orders and account receivables for capital, using the buy outs of real estate notes or structured settlements, using credit card receipts, and more. Some of these programs are credit builders and others are a just a means to get the capital you need for business credit building. The Business Finance Coach gives complete contact details for all of the lenders including contact name, phone number, mailing address, and phone number.

“It is important to make sure that you always pre-qualify before you apply with any lender from these 10 programs,” says Corey Pierce, CEO of BusinessFinance.com. “Ask the lender for a verbal approval before submitting any loan application.”

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, www.BusinessFinance.com features the Internet’s largest Business Funding Directory. The directory lists 4,952 sources of business capital that business owners can search for free and match their capital needs to the approval criteria of those funding sources.
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