Does your business need a business line of credit, a business loan or perhaps you have heard of the merchant account cash advance…(if you have not, be careful…because it’s a certain way to business ruin).
We have found that most business owners do not need a trade line of credit – they need cash!
As you may know, there are over 50,000,000 home-based business owners throughout the United States and more than 500,000 new businesses starting every month!!!
A shocking 80-95% of those new businesses fail within 5 years! The #1 reason for those failures is lack of cash flow.
In the past, the entrepreneur could refinance his or her home and use the equity to pay down credit card debt and free up capital.
Unfortunately, that game is over!
Fact: 2001-2006 consumers extracted a record $538 BILLION from their homes to pay off credit card and other non-mortgage debt!
No Longer Are You Able to Refinance Your Home to Pay Down Your Credit Card Debt!
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About The Author: Scott Letourneau is the CEO of Fast Business Credit, Inc. When it comes to securing cash and vendor lines of credit and avoiding costly mistakes his company is the authority. For further assistance regarding the development of business credit go to http://www.FastBusinessCredit.com or call FBC at 1-888-313-6333 or 702-977-5246.