Irian Startup Forum:


The biggest mistakes small business owners make is putting the weight of their business on their personal credit shoulders.

I am in the financing industry; clients come to me looking for alternative loans. This is because their local bank or credit union rejects their loan applications due to less than stellar credit scores. Most of them tell me that when they started their business they had great credit, but over time, their score was lowered from trying to grow their business.
I get most of my clients the money they need however, it comes at a high price (higher interest rates). I explained to them how important true business credit really is in helping them grow and maintain their businesses; it also helps them protect their personal assets and personal credit. However, most seem to not understand or just do not believe that true business credit is a viable solution. Please let me know your thoughts, to learn more about true business credit visit www.biz-cap.com
______________________________
Refrence :https://community.startupnation.com/...ss-owners-make