How Much Funding Will I Need for My Business?
Register now below to
Download this Free Guide
100% Free and Secure.
No Credit Card Required.
According to the National Federation of Independent Business, 79% of small business owners use credit cards. Additionally, according to the Meredith Whitney Advisory Group, 82% of small business owners use credit cards as a vital part of their overall funding strategy. So, depending on who you listen to, about 4 out of every 5 small business owners are using credit cards and probably on a consistent basis to start, build, and grow their businesses.
It is unofficially estimated that less than 15% of those small business owners are using their credit cards the right way to get all the benefits out of them and ensure their future success. This means, among other things, that they use the wrong credit cards, they damage their credit profiles and FICO scores, and they limit their ability to acquire additional financing in the future.
If small business owners understand both the risks and the benefits of using credit card financing, they can take advantage of benefits including easy access to low-cost capital, keeping personal and business credit separate, preserving and improving their personal and business credit profiles, maintaining positive cash flow, maximizing tax breaks, minimizing interest expenses and preserving precious collateral. When small business owners learn the truth about credit card financing, they can use it the right way to get the capital they need without putting up collateral. When done correctly, this will benefit their cash flow, their companies and the economy as a whole.
By learning the 6 Benefits of Borrowing the RIGHT Way small business owners will be able to:
- Access additional Capital
- Separate their personal and business credit
- Achieve or maintain excellent personal credit as they build their business
- Find Cash-Flow friendly loans and lines of credit
- Minimize their interest expenses
- Maximize their tax benefits