My Business Credit Journey to 1,000,000

Ok,

  So I told you guys that I acquired a 40 year old corp with an old file but the corp did not have a rating. I sent the financials for the CORP to DnB and I finally got a rating. For those of you who do not know what a rating is, its not a Paydex score. You get a rating based on the the company’s income and number of employees. This should change the game a whole lot now. I have a guy with corps with financials. This is where all of us need to be now that the credit crunch is tightening up. We need to stop being cheap and cutting corners with building busines credit and get it right. We need to stop replacing bad credit with business credit and fix out personal credit and instead of getting a RCF I really think we should spend the extra $20 a month for the actual phone line.

- mike