Wednesday, October 2, 2019

The 4 Cs of Business Lending


If you are looking for money for your business, then you will be happy to know you only need one “C” to qualify.

In lending when we look to see if a client is fundable we are looking for one of the 4 “C”s. You don’t have to have all of the 4 Cs, only 1 to secure funding.

The first C is Cash Flow. When you have an existing business with good cash flow you can qualify for business funding.

If you do have verifiable cash flow this substantially increases your chances of being approved for funding. There are many funding programs you might qualify for including Business Revenue Lending.

If you don’t have cash flow your business still might have Collateral, the second C.

Collateral for your business is really your business assets. Many things can be used as collateral including equipment, purchase orders, even account receivables.

Having Collateral greatly increases your chances of being approved.

If you don’t have cash flow or collateral, don’t worry you still can qualify for business funding.

Lenders also look at your business Credit to qualify you. Business Credit is our third C

Lenders will lend you money with no personal guarantee based on your business credit profile and score. If you have a good business credit profile you can use that as security to obtain funding.

If you don’t have business credit built now call me so I can help you quickly build an excellent business credit score and profile.

Maybe you are just starting a new business, and you have no business credit, cash flow, or collateral. In this case you can still qualify for funding. But lenders will use your personal Credit to qualify you.

Personal Credit is the fourth and final C that lenders will look at to approve you for funding. You can secure credit lines, through me, up to $250,000 with as low as a 650 credit score.

These types of unsecured credit lines do not look at revenue or financials. Your credit is all that is used to qualify you for funding.

All you need is 1 of the 4 “C”s to qualify for much of the business financing that is available to you today.

As a Certified Life Coach and Therapist, Ramona Christine offers professional services to help you build the required points of credibility for small business financing and credit.  There is no need to keep your business ideas on hold because of concerns around financing.  Financing is accessible and within just a short period of time.

After taking advantage of the knowledge shared in this article series, Ramona Christine, was able to secure funding for her business within 45 days; literally, a $20,000 revolving line of credit.  That sure did supersede the $3,000.00 personal credit card limits that she had been working with on the consumer side of things.  The relief was tremendous after doing it the hard way (the wrong way) for so many years.  Funding her own business ventures with personal credit and income made it that much more difficult to break free from the vicious cycle of personal credit deficiency, not to mention the risk of “piercing the corporate veil”.

Personal credit cards were maxed out, consumer credit utilization was high, her personal credit score was low, and the amount needed to fund business expenses just wasn’t there.  It was a vicious cycle of chasing balances and cash before finally liberating herself through some research and implementing the vital information shared in this series of articles.  Gaining access to business credit and financing was exactly the remedy needed to obtain a second wave of financial power referred to as Business Credit.

By taking advantage of Ramona Christine as your Business Credit Coach, she will give you, yes, give you immediate access to 2/10 of the bank required points at no additional cost, a valued savings of $750.00.  A professional internet presence is a vital credibility point that gets you that much closer to small business funding.

  1. First, you will be set up with a professional website domain and professional email account (i.e. www.yourbusinessdomain.com and you@yourbusinessdomain.com)
  2. Second, you will receive website hosting for your professional website for the duration of your Business Coaching relationship.  This means that while important work is being done to meet the other 8 credibility points, your professional reputation is already spanning across the world wide web like wildfire.
If you are anxious to get started and learn more about business credit and financing, you are invited to visit: Embrace(D) for Success (https://www.embracedforsuccess.com) to discover more.  You may also learn more about the professional services provided by Ramona Christine.  As always, Ramona Christine, is also quick to respond to e-mail inquiries received at ready2b@embracedforsuccess.com.

Building business credit streamlines you into opportunities unimagined.  Imagine the growth that is possible with business funding at your disposal!

If you feel that you may already be in a position to access small business financing, apply with Kabbage today to receive an immediate response to your application.  Invest in yourself!  May you continue to grow in prosperity and success!

Wednesday, September 25, 2019

3 Big Differences between Personal Credit Scores and Business Credit Scores

There are many differences between personal and business credit scores.

One fundamental difference between consumer and business scores is the time frame the scores gauge someone’s risk of default over.

A business credit score is a mathematical model that is used to depict a business’s risk of going 90 days late on an account within the next 12 months.

A consumer credit score is a mathematical model that is used to depict a consumer’s risk of going 90 days late on an account within the next 24 months.

Another big difference between consumer and business credit scores is what the score actually represents.

A consumer credit score reflects an individual’s likelihood of defaulting on an obligation.

A business credit score reflects the business’s likelihood of defaulting on an obligation, not the business owner’s.

The business credit score is based on how the business obligations are being paid, not how the business owners pays their personal obligations.

Another major difference between business and consumer credit scores is the score range.

Consumer FICO scores range from 350-850 with 850 being the best score you can obtain. Business credit scores typically range from 0-100 with 100 being the best score you can obtain.

There are three of many major differences between consumer and business credit scoring. 


As a Certified Life Coach and Therapist, Ramona Christine offers professional services to help you build the required points of credibility for small business financing and credit.  There is no need to keep your business ideas on hold because of concerns around financing.  Financing is accessible and within just a short period of time.

After taking advantage of the knowledge shared in this article series, Ramona Christine, was able to secure funding for her business within 45 days; literally, a $20,000 revolving line of credit.  That sure did supersede the $3,000.00 personal credit card limits that she had been working with on the consumer side of things.  The relief was tremendous after doing it the hard way (the wrong way) for so many years.  Funding her own business ventures with personal credit and income made it that much more difficult to break free from the vicious cycle of personal credit deficiency, not to mention the risk of “piercing the corporate veil”.

Personal credit cards were maxed out, consumer credit utilization was high, her personal credit score was low, and the amount needed to fund business expenses just wasn’t there.  It was a vicious cycle of chasing balances and cash before finally liberating herself through some research and implementing the vital information shared in this series of articles.  Gaining access to business credit and financing was exactly the remedy needed to obtain a second wave of financial power referred to as Business Credit.

By taking advantage of Ramona Christine as your Business Credit Coach, she will give you, yes, give you immediate access to 2/10 of the bank required points at no additional cost, a valued savings of $750.00.  A professional internet presence is a vital credibility point that gets you that much closer to small business funding.

  1. First, you will be set up with a professional website domain and professional email account (i.e. www.yourbusinessdomain.com and you@yourbusinessdomain.com)
  2. Second, you will receive website hosting for your professional website for the duration of your Business Coaching relationship.  This means that while important work is being done to meet the other 8 credibility points, your professional reputation is already spanning across the world wide web like wildfire.

If you are anxious to get started and learn more about business credit and financing, you are invited to visit: Embrace(D) for Success (https://www.embracedforsuccess.com) to discover more.  You may also learn more about the professional services provided by Ramona Christine.  As always, Ramona Christine, is also quick to respond to e-mail inquiries received at ready2b@embracedforsuccess.com.

Building business credit streamlines you into opportunities un-imagined.  Imagine the growth that is possible with business funding at your disposal!

If you feel that you may already be in a position to access small business financing, apply with Kabbage today to receive an immediate response to your application.  Invest in yourself!  May you continue to grow in prosperity and success!

Wednesday, September 18, 2019

3 Major Myth Busters Regarding Business Credit

A lot of people don’t understand the consumer credit system, and many more don’t understand the business credit system. Today I’m going to cover a couple of common
business credit “myths”, and explain the truth that can be learned from them.

Myth #1: Business Credit is Just Like Personal Credit
This sounds like it ought to be true, but it just isn’t. Sure, the credit systems are similar. However, there are some very major differences that can seriously affect your business. For starters, the consumer credit system has, both in court and in congressional testimony, been demonstrated to be fairly anti-consumer. The system works against consumers in many cases, is prone to errors, and tends to resist the correction of any errors by consumers or their advocates. (In one example, even after a credit bureau was sued and lost in court, they continued to refuse for months to remove the incorrect information from the person’s credit reports.) The business credit system is quite different. It is not anti-business (or anti-consumer), it is less prone to errors, and when there are legitimate errors, they are generally easier to get corrected.

Myth #2: It Doesn’t Hurt To Use Personal Credit In Place of Business Credit
This is a problematic way of thinking that can lead to big problems down the road. Using personal credit for business purposes puts your personal credit at risk for the sake of your business. By using personal credit for business, you limit the resources available to you personally and to your business, and the end result could be disastrous. Imagine when your business credit needs exceed your personal credit capacity--and when YOU need to use your personal credit and can’t because it’s
been tied up by your business. No matter how you spin it, in the end using your personal credit for business is a bad idea.

Myth #3: Business Credit and Personal Credit Are In No Way Related
While using your personal credit for business use is a bad idea, we can’t exactly separate business credit and personal credit completely. In many cases, especially when starting out with business credit, an owner of the company will be required to provide a “personal guarantee” for the business credit loan or line of credit. When providing a personal guarantee, the company extending credit will not only check your business credit, but will check your personal credit history. While the business account won’t show up on your personal credit report, the personal guarantee could eventually affect your personal credit in the event that the business fails to meet its obligations. Obviously, you should aim to avoid that scenario (and certainly can) by careful planning and smart use of business credit.

As a Certified Life Coach and Therapist, Ramona Christine offers professional services to help you build the required points of credibility for small business financing and credit.  There is no need to keep your business ideas on hold because of concerns around financing.  Financing is accessible and within just a short period of time.

After taking advantage of the knowledge shared in this article series, Ramona Christine, was able to secure funding for her business within 45 days; literally, a $20,000 revolving line of credit.  That sure did supersede the $3,000.00 personal credit card limits that she had been working with on the consumer side of things.  The relief was tremendous after doing it the hard way (the wrong way) for so many years.  Funding her own business ventures with personal credit and income made it that much more difficult to break free from the vicious cycle of personal credit deficiency, not to mention the risk of “piercing the corporate veil”.

Personal credit cards were maxed out, consumer credit utilization was high, her personal credit score was low, and the amount needed to fund business expenses just wasn’t there.  It was a vicious cycle of chasing balances and cash before finally liberating herself through some research and implementing the vital information shared in this series of articles.  Gaining access to business credit and financing was exactly the remedy needed to obtain a second wave of financial power referred to as Business Credit.

By taking advantage of Ramona Christine as your Business Credit Coach, she will give you, yes, give you immediate access to 2/10 of the bank required points at no additional cost, a valued savings of $750.00.  A professional internet presence is a vital credibility point that gets you that much closer to small business funding.

1.    First, you will be set up with a professional website domain and professional email account (i.e. www.yourbusinessdomain.com and you@yourbusinessdomain.com)
2.    Second, you will receive website hosting for your professional website for the duration of your Business Coaching relationship.  This means that while important work is being done to meet the other 8 credibility points, your professional reputation is already spanning across the world wide web like wildfire.

If you are anxious to get started and learn more about business credit and financing, you are invited to visit: Embrace(D) for Success to discover more.  You may also learn more about the professional services provided by Ramona Christine.  As always, Ramona Christine, is also quick to respond to e-mail inquiries received at ready2b@embracedforsuccess.com.

Building business credit streamlines you into opportunities unimagined.  Imagine the growth that is possible with business funding at your disposal!

If you feel that you may already be in a position to access small business financing, apply with Kabbage today to receive an immediate response to your application.  Invest in yourself!  May you continue to grow in prosperity and success!