BusinessFinance.com Discloses A Step All Businesses Need To Obtain Capital

June 10, 2006 (PRLEAP.COM) Business News
Foothill Ranch, California – BusinessFinance.com is proud to announce that their improved Business Finance Coach shows businesses how to open a file with all of the business credit agencies. The improved Business Finance Coach was launched to the public earlier this year. More information on the Business Finance Coach can be found at www.businessfinancecoach.com.

“You must separate your personal credit from your business credit in order to get approved for business loans and financing,” says BusinessFinance.com Finance Specialist James Christy. “You cannot use your social security number to establish business credit.”

The Business Finance Coach complements the information about the credit agencies with 20 other items that must be done in order for a business loan application to be looked at.

“The process of establishing business credit is much more complicated than setting up personal credit,” says Corey Pierce, Founder and CEO of BusinessFinance.com. “There is one business credit agency that will try to charge you $500 just to open your credit file. You do not have to pay it, and in the Business Finance Coach we will show you why you don’t have to pay it. We will get your business setup with all three business credit agencies.”

To complement the Business Finance Coach, BusinessFinance.com features the Business Funding Directory. The directory has 4,383 sources of business capital. Business owners can search it for free and match their capital needs to the approval criteria of those funding sources.

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