My Business Credit Journey to 1,000,000

I keep seeing these reports on the news that sound something like “Banks plan to start lending money again this summer”. W.T.F. I wish i could go into the studio and slap those reporters ON AIR for the world to see. I will be on front page of all the newspapers ,”Mike Slaps Reporter On Air”. Just thinking about it makes me feel a bit pleased with myelf..lol..

This is what we all have to understand. BANKS LEND MONEY. This is what they are in business to do. They have to lend money to make money. If they do not lend money they will not make money. The problem was that their previous lending practices sucked. They use to lend money way too easily and there were too many defaults. Let forget about this sitimulous BS and all that. The facts are that banks lend money and more than 70% of all the money that they lend are to businesses. Thats just the nature of the beast. What we have to do now is simply figure out what these banks want to see on the applications and give them it. We had two comments on a previous post done on Sunday where guys are still getting approved for $2000+ accounts from office depot and $10,000 + accounts from Dell. Lets keep working at it and build solid business credit.

- mike

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