Score Based Business Line of Credit with No PG - Business Credit 2021

Do you need business lines of credit with no personal guarantee? In this video we show you how to get a business line of credit as a startup or existing business with no pg.

What type of business line of credit is this? This is a true business line of credit with two ways to access your credit line.

First, you can draw cash from your business line of credit directly to your business bank account with no cash advance fees.Secondly, you get a World Business MasterCard® you can use for purchases up to your credit limit.This revolving line of business credit builds your business credit since it reports to business credit reporting agency, Dun and Bradstreet.

For our Business Credit Lines program go to https://businesscreditbuilders.org/business-lines-of-credit/

For our Step-by-Step Business Credit Building system go to https://businesscreditbuilders.org/
*Important Update - March 1st, 2021 - This product now requires you to setup a new merchant account with them and you must process 3 months of payments ($1k month minimum) before the business line of credit is issued.

There are two stages you go through when applying for this business line of credit for your company. During stage one, you can obtain up to $10k based on your personal credit score only with no hard pull, just a soft pull on your credit.

There is no personal guarantor required and you can qualify with credit scores as low as 301. All business entity types are accepted whether you operate as a sole proprietor, LLC or corporation. Now, the key is you must have a need for a merchant account or already have an existing one.

The business line of credit is linked to a merchant account. With a merchant account you have the ability to accept payments over the phone, accept payments over the internet and accept payments in person.

Once your initial business credit line is set up, you also have the opportunity to increase your credit limit by providing bank statements or merchant processing statements. With strong business cash flow, you can increase credit limits up to $100k in stage 2.

As your business grows so does your line of credit. This is a great way for any business owner to start building business credit without putting his or her personal credit at risk.

The business line of credit requirements for this credit line are easier to meet compared to other unsecured business credit funding options. This type of business credit line is the fastest, easiest and truly hassle-free way to get access to a line of credit for your business without all the red tape and excessive documentation.

Remember, the ‘dividing line’ between personal and business credit lines must be established at the credit reporting level in order to legitimize true personal and business credit separation.

For details on this unsecured business line of credit go to the following sites.
https://youtu.be/Dgv1bHd2CxM
https://businesscreditbuilders.org/
https://businesscreditblogger.com/2020/05/02/get-cash-and-credit-for-business-fast/
http://creditreportengine.com