Building Corporate Credit

ABOUT OUR COMPANY

*It is important to make your business look real. By doing the following. A business email, a fax line,
business line only, business answering machine, all info consistent with business license, LLC, and all
applications (for compliance to match)

Personal Credit vs Corporate Credit: Personal credit counts against you when you
have to much credit based on your income. Bill to debt ratio for example. That will hurt
you when you apply for a house. So any credit given to you based on your social or a
personal guarantee will affect your bill to debt ratio and be reported to your 3 credit
reports. But true Corporate Credit is based on your Business credit (score) Profile that
you build and it does not matter how many cards you have or amount of credit that is
extended to you. You can save it up and cash out later or invest it into another business
venture (ie real estate) or help to pay off personal debit. You can pay the minimum
payment and it does not affect your score (just don't default or be late). You want to keep
your score perfect. You will then have extremely low interest rates.

Corporate Credit: A contractual agreement in which a corporation receives something of
value now and agrees to repay the lender at some later date. This is almost identical to
personal credit except it is a business entity, instead of an actual person, that receives
corporate credit from vendors. Corporate credit is the largest business to business form
of capital and is a very important source of capital for most businesses.

1. Obtain a business name and get a Box if needed
I recommend an UPS store for a real address
2. Get an EIN from IRS.gov
                  This application is available during the following hours:
                            Monday - Friday 6:00 a.m. - 12:30 a.m. Eastern time
Saturday 6:00 a.m. - 9:00 p.m. Eastern time Sunday 7:00 p.m. - 12:00 a.m. Eastern time
3. Next Incorporate or get an LLC with your State
Corporation.      What is a registered agent?
   { Click here for Virginia } --- {Click here for California}
                             Video Help Here
4. Then you must get a business License in your city
5. Next you open up a bank account in the business
name
6. You will need to establish a credit profile
7. Next you will need to establish some trade lines
8. Contact me for more information on what trade lines
they look for, how to establish a credit profile, & what
type of references that you will need.

We can set up a consultation and get you started.
                         Click Here for Packages
757-289-6507   copeland_anthony@yahoo.com

How is corporate credit built?

It is built from trade lines like
stores and merchants.
Credit is not built by credit cards.
Some Credit cards are not
reported to your business
profile. It is for resource
money. The only time credit
cards are reported is when you
default on a loan.

You must form a corporation.
Inc, SCorp, LLC, etc..
Why?
You will have more tax
breaks. You will have a
separate entity from your
own name. Your company is
sued not you. You can get
credit or money for a
business