My Business Credit Journey to 1,000,000

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 our economy. Much of the time, we do not become conscious that our loans are coming from banks, that are affected by world events. We have gone through, and survived a serious credit crisis, and credit has recently been becoming more readily available (from the banks that are still in business). What we need to catapult the economy, is for banks to feel comfortable once again as in the past, to lend money. When this happens, business credit will be easier to get hold of. Unfortunately when we get news like this on TV and Newspaper, we have to look out for banks tightening up. From what I have read from analysts, the banks fears have subsided, so we should not fear too much. But we need to never stop when building business credit so that we can be ready for times like this. The best advice is to never stop when building business credit so that we can handle and be ready for bad times like these, or even worse times.

Marc