The Americredit Corporation
Why is business credit important to my business?
If you had to lay your hands on $25,000 / $50,000/ or even $100,000 in cash for an emergency or to buy equipment, inventory or anything else could you?
What about $10,000 or even just $5,000 THINK ABOUT IT!
Good Business Credit is the lifeline of your business! It enables you to obtain funding for things like expansion, capital expenditures, research and development, and staffing. It is the principal contributing factor to your business's future growth, not to mention the cash necessary for survival.Good business credit also allows you to keep the cash you have to cover your cost of doing business; such liquidity lets you respond quickly to time and sensitive requirements, without halting or compromising operations.
It's not just about getting access to financing; business credit has increasingly become the primary vehicle for setting terms on business loans, determining insurance premiums, even setting lease payments.Good business credit can earn you lower rates strengthening your cash flow.
What is business credit?
Business Credit is a record based on your business, NOT on your personal credit.You should never confuse one with the other. Companies rely on your business credit worthiness to make critical decisions, including whether:
To sell to you
To lend you money
To lease the equipment you need to grow your business
To increase your line of credit
To help you carry more inventory at competitive prices
To give you favorable financing rates and terms
To give cash lines of credit of $250,000 / $500,000 / $1 million or more
Trying to establish business credit on your own can be a long and tough process. One mistake can be critical and delay the process by months. Let the experts at The Americredit Corporation show you how to fast-track your business credit today.
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