I wrote a couple weeks ago that I will be starting to build business credit from scratch and I will be starting today. So the first corp we will be working on is a texas corp. I will be incorporating the business entity today. This should take 24-72 hours. Once that is done I will [...]
Hey guys,
how is everything? I have decided to do what I did at the beginning of the blog. I have decided to build business credit from scratch and document it so that you guys can follow my lead once again. I have done this before but have decided to do it again [...]
Anyone that has been in this business credit building world for a little while should know that DnB is full of tricks, and they keep changing as the consumer gets aware. I try my best to keep you guys up to date with their tricks so that you will not spend more [...]
If you read the title and you do not know that PG means Personal Guarantee, and you are not certain what it means, you need to start with the business credit basics.
A PG is where you apply for a business credit card but you accept personal liability for the account in the event [...]
So, Anything new this week on business credit? Don’t know if you heard but last week we got the news that Dubai Debt challenges, and more than 60 billion in debt on the investment arm. In the business credit world we tend to look at it as a small thing that does not even reflect [...]
I was thinking about my next post when I three emails between yesterday and today asking about CIT and their bankruptcy and how it will involve us in the business credit world. There are a couple things we have to address prior to even thinking about answering this question. Is CIT bankrupt? How much do we really [...]
A while back Dell business credit was backed by CIT and more recently they have been backed by Citi. I applied for a business credit account from them today and low and behold they are backed by CIT again. This bothers me because a number of things are happening in the business credit world that [...]
