Posts Tagged ‘Business Credit’

The State of Building Business Credit Today

Thursday, June 11th, 2009

The State of Building Business Credit Today

Every body knows we are in a credit Crunch right now but it has really started affecting the process of building business creidit. The big news right now is that one of the easiest cards to get without a personal guarantee has been taken off the marketing, The Home Depot MasterCard.  I am sure this won’t be the last victim of the credit crunch, but lets all hope that one of the main banks behind credit with out personal guarantees, Citigroup, can get stabilized by the TARP funding and come back stronger than ever.

This site is now primarily a blog for delivering vital information on how to Build Business Credit and get aged corporations etc… so that you can grow your business in this economy with out risking or personal credit!

Keep on the watch because we will be giving away a lot of Secrets, just make sure to check out our advertisers.


Business Credit Without a Personal Guarantee

Wednesday, July 2nd, 2008

 

credit card exchange 

Proof Building Business Credit allows you to get Master Cards and Visa without signing a personal guarantee or using your Social Security number.

There is a lot of hype on the INTERNET about Building Business Credit and with the Credit Crunch in full swing the interest in this subject has skyrocketed.  However, even diligent research into Building Business Credit can still leave you skeptical that it can really work and prevents most from taking advantage of this exciting way to separate your personal credit from your Corporate credit.

We at RMS have tried to figure various ways to convince prospects that indeed it is possible to Build Business Credit without using your social security number or signing a personal guarantee; but if you call around to a few banks or credit cards you will get laughed out by bankers that tell you this is impossible.  So it can be a hard sell and it’s easy not to trust something that sounds too good to be true especially over the INTERNET.

We decided that the best way to show proof that it really is possible to Build Business Credit without signing a personal guarantee and not giving your social security number was to get a recording from a Major Master Card Credit Department to saying it from their own mouth.

This is exactly what we have done… we have recorded a call one of our clients made into the customer service department to see exactly how his credit card was set up.   He asked if they had his social security number and if he had any personal guarantee on the card.

The customer service rep indicated that it looked like they only had his Tax Id number but asked our client to hold while she checked with the New Accounts department to absolutely verify that there was no social listed on the account and that there was no personal guarantee.

After holding for a while the rep comes back with some good news and right from her mouth says, “no there is no social on this account and there is no personal guarantee”. To hear the entire call check out this link: Proof Building Business Credit Works.

Now there shouldn’t be any excuses left that can hold you back from getting your Shelf Corporation started and Building Business Credit today.