Building Business Credit for Small Business
If you’re like most small business owners, you pay an accountant or other professional adviser to handle your taxes, but understanding the various tax choices is vital to running a business successfully.
This allows you to identify potential tax advantages and traps in time so you can react immediately.
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Due to the growing difficulty in obtaining traditional business lines of credit from banks, many business owners are turning to using credit cards for small 
businesses as their primary unsecured business lines of credit.
Unfortunately, the majority is turning to the wrong sources and end up putting their personal credit on the line since all their business credit card debts are showing up on their personal credit reports.
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Qualifying for a business loan in today’s economy is difficult and timely process to say the least. With a traditional bank loan some of the most common hurdles facing bu
siness owners today include personal credit problems, lack of collateral, and restrictions related to use of funds.
As an alternative, a business cash advance has become a popular option since qualifying is based on a company’s monthly credit card sales. However, even this option has its drawbacks especially for businesses that do not process an adequate amount of credit card transactions.
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If you are in the Military, a veteran or spouse thinking about starting a business or currently own a business, consider joining a credit union for Military entrepreneurs to service your company’s banking needs. 
A Military credit union offers tremendous benefits for small business owners and because they are member-owned, they always act in your best interest. It is simply smart business to join one if you are eligible.
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Imagine having access to large amounts of cash credit for anything such as marketing campaigns, aggressive expansion, or even flipping real estate. 
Whether your business is just starting out, or it’s established and profitable, chances are you’ll require capital in the near future.
The good news is the funding sources we have will extend unsecured business lines of credit based on your company’s size, location, industry, age, and other key factors, allowing you to receive several times the amount of unsecured business credit you would get from your typical bank.
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