Did you know that you can obtain $300,000 of business funding every year without typing up your personal credit?

Did you know that you could obtain $300,000 of business funding your very first year without tying up your personal credit? Not only Powerful Credit can help you to get the business capital you need, but also help you repair your personal credit so you can start guaranteeing your corporate credit and that is how you absolutely maximize on your funding.

Do you know what a personal guarantee is? It’s an agreement that makes a person liable for their own or a third party’s debts or obligations. It means that the lender can claim the guarantor’s assets in case the borrower defaults on the loans. The good part is that the debts that a personal guarantor is guaranteeing do not show up on his/her credit report. It’s like signing a blank check without a date. So in other words, if your company doesn’t do well and it goes bankrupt then guarantor’s credit is in trouble. It provides back up protection to the bank or other lender and gives them another way to obtain their money if the borrower can’t live up to their obligations.

Banks or lenders ask for this personal guarantee when they have doubts about the borrowers’ ability to repay the loan. Business credit with no personal guarantee is seen as a higher risk by the banks and that is why they want some added assurance that they will get their money back if the business goes under. When a business owner applies for a business loan or a line of credit, the owner is asked by the bank or lender to provide a personal guarantee to secure the required funds. This personal guarantee could be in the form of cash or personal property or assets. Now that makes one think about starting a new company.

Once that agreement is signed, only the lender can cancel the agreement legally. Our consulting program has a fee because we raise double than our competitors and require your small commitment; however, if we cannot raise $100,000 of business’s credit in a year for you, then the consultation fee is refunded 100{7bd3c7ad8bdfca6261de5ca927cd789e17dbb7ab504f10fcfc6fb045f62ae8d5}. Powerful Credit can answer any of the questions you may have when starting up your business. Worried about your personal credit affecting our decision? Don’t be, we work with 400 fico, with clients with no income, brand new corporations, no financials or even jobs for that matter.

Powerful Credit doesn’t check your personal credit at funding. One of the things we do is credit repair to make your business stronger as banks favor a good credit and an individual personally guaranteeing for loans. We help you to restore your personal credit as well. Banks and lenders don’t like giving out loans to businesses, especially startup businesses that haven’t been in the game for at least 5 years.

Once again, we help you establish excellent business credit within a matter of months so you can go to major stores, banks or credit card companies and borrow money whenever you need to without the need of having a personal guarantor. When dealing with Powerful Credit, you’ll never need to worry about your business’s credit or a personal guarantor ever again. You’re in good hands with Powerful Credit if you want more business capital and to restore bad credit.

Speak to a knowledgeable credit consultant on (310) 909 7976 and be sure to sign up online for business credit at http://www.powerfulcredit.com

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