Business Credit Services
Why is it that in every industry there are companies that resort to using exaggeration and hype to sell their products or services?
Do you know anyone who has ever bought into the ‘you’re just two pills away from a fabulous new you!’ pitch?
With the rapidly growing demand of business credit it’s not unusual to see the same type of hype and exaggeration being used by some companies in the corporate credit services industry. But unfortunately there are also many good and reputable companies that deliver a great business credit building product or service to small business owners without resorting to such tactics.
So before you make the mistake of buying into the hype I thought it would be a good idea to share with you some examples of the five most outrageous claims you’ll ever see so you can avoid possible scams and get real business credit services from honest and reputable companies who can deliver.
Business Credit Services- Top 5 Most Outrageous Claims
Outrageous Claim #1
Get $100,000 or more for your business in 120-days or less!
Outrageous Claim #2
Obtain $100,000 to $1,000,000 for your business in 30 to 90 days!
Outrageous Claim #3
Get Millions in Business Credit Now With No Personal Credit Checks!
Outrageous Claim #4
Obtain a Six Figure Line of Credit in Less Than 30 Days!
Outrageous Claim #5
Get $1 Million to $5 Million in Capital in Less Than 10 Days
So beware of these types of outrageous claims and promises you see circulating on the internet. Most of them are not legitimate so use your common sense. Even though the specific claims listed above are not actual ads but merely examples they should serve as a helpful guide for you.
Each company is different and has its own unique contributing factors that determine the level of credit opportunities that are available.
This includes but is not limited to the age of the company, revenues, financials, bank history, assets, and so on.
So if you decide to use a business credit service then do your research and consider the following tips:
- Contact the company or product owner and ask questions you may have about the product or service. If there’s no phone number then run the other direction!
- Check out the product name or product owner’s full name and Google it and see what comes up in the results. Is it favorable or is it negative?
- Review what type of information the company or owner is sharing on its website or blog. If the information is solid and updated regularly then you know you’re dealing with a real business that is up to date and on top of the latest business credit information.
- Check to see what type of social media presence the company or owner has and what type of information, communication, and access is available to you. The more accessible the better it is for you to obtain the information you need to make a well informed buying decision.
Building solid business credit ratings for your company with all three major business credit bureaus takes a considerable amount of time and is not something that happens overnight. Remember, “If it sounds too good to be true, it probably is…”
What other outrageous claims have you seen?
Looking for a reputable system for building business credit? Become a member of my Business Credit Insiders Circle and gain access to a proven step-by-step business credit building system. A system that provides you access to vendor lines of credit, fleet cards, business credit cards with and without a PG, funding sources and lenders that report to all the major business credit bureaus. Submit your name and email below for details and receive a free audio seminar ($597 value) =>
About the author
Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for AllBusiness.com, a subsidiary of Dun and Bradstreet and author of “Eight Steps to Ultimate Business Credit” and “How to Build Business Credit with No Personal Guarantee.” His articles and blogs have also been featured in American Express Small Business, Business Week, The Washington Post, The San Francisco Tribune, Scotsman Guide, Alltop, Entrepreneur Connect, and Active Rain.
Marco Carbajo says
Thanks for the feedback Lorilee, you’re right about that but I felt it’s always best to cover as much ground as possible.
All the best,
Marco 🙂
Marco Carbajo says
Wow, that is some serious money Daniel and sorry to hear about your misfortune. That was one of the main reasons why I started the Business Credit Insiders Circle. Appreciate the feedback and hopefully this post will reach the masses.
All the best,
Marco 🙂