Start Business Credit with No Money

Come learn Gboogie’s No Money Down Credit system. Learn how to build business credit with little or no money. The same tactics lawyers and Cpa’s charge thousands for. Get membership and a ton of free products. All this and more june 12,2010 4:30(est). For a discount click here . For more great Business credit information from the King of Business Credit visit http://gboogie.net/default.aspx

Creditboards with Gboogie

The weirdest thing happened the other day. One of my people found a post on creditboards where the resident “know it all”(greywolf) called my youtube videos annoying. I found that very funny. The thing with these so-called gurus is that none of them do this for a living. They take a scenario that worked for them way back when and pretend to be experts on the subject. When in reality they are scam artists. Question… If you don’t build and sell shelf corporations for a living, how(or why)would you just hang around a blog all day to make yourself feel important?. These are the types of people who have nothing to do all day but criticize. If you don’t build corps all day long how would you know what works and what doesn’t? How would you know what tiers go where and so on? I guess based on everyone else’s input huh? What reason would you have to still be hanging around? Well i have an idea. Some people need an external source of self-worth. Instead of investigating the info so you can give your readers something positive people like that immediately shoot it down. It kills me to read things like..”well this is what i just got approved for”. I’m like…”why would you need all of these corps?” Besides all of that, that’s not even your website that you’re riding so hard. Get off of creditboards teabags and get your own site. Anyway…i gues im through venting, it’s just so easy to tell when people don’t know anything. The guy acknowledged that he say my videos. Why would a business credit “expert” be looking at my videos? Why would he be searching the internet for info if he already knows everything? this is very puzzling. I never search the web for information on how to build business credit because i already know how. I get sent links from associates every time they see my name mentioned somewhere. Thats the only time i even entertain what was said. besides that….i have too much to do like actually building corps and showing others how to do it. SO….. This is a request for anyone who has gotten any useful information from our youtube videos,ustream videos,mogulus(livestream)videos,stickam videos, or the videos or ebooks from our website. Go to creditboards and let everyone know this. After viewing our information, please go there and view theirs(if you can find anything relevent). Leave a post with our website name and let people know where they can go to learn a little bit more(assuming they learned anything from there). I think information should be available to everyone and one know it all(greywolf) should not stop people from being successful because of an ego problem. Thanks im sure this will help everyone. For everyone that goes over there and leaves a post. If you send us the posted link we will give you a special discount on membership.

gboogieamerica@yahoo.com

Business Credit Score

Most people think that when you get a Paydex score of 80 you can get approved for credit. This is far from true. receiving credit for your business involves more tan and 80 paydex score. It has to do with your file as a whole. A paydex is just a small piece of the puzzle. Your file has to do with your financial risk score,industry,how lendable that industry is and several other things. For example if you are in the industry of real estate you will probably not qualify as easy for credit. This industry is high risk right now because of the whole subprime mortgage scandal. With that example you can get a picture of what I mean.
So this is why building a strong business credit file is important; regardless of industry. But it is a good idea to stay away from high risk industries. This can be googled out. Also you can pull your file not your dun and Bradstreet update to take a look at the dollar amount that the credit Agencies says you qualify for. Hope this clears up the myth of the 80 paydex. For information on how to build up your file correctly and more business credit products visit http://gboogie.net/default.aspx . Gboogie the King of Business Credit will help you for an affordable price.

No Money Down Realestate with Gboogie.net

Everyone has always been fascinated withe the concept of no money down real estate. So called gurus from dave del dotto (from the early 90’s) to carleton sheets, to russ whitney have all had successful creative real estate financing material. The one that always stood out the most was the no money down information. The concept is definitely a valid one and is practiced everyday even by millionaires. It actually applies to more than just real estate. In this short blog type format, i will attempt to explain it. The best way to describe “no money down” from the correct perspective would be to consider your self as a broker. You have no money to invest in, or purchase the property yourself. Your job is to bring to parties together and make a finder’s fee. That what contract flipping is. The purchase price of the property never matters. Your job is to simply negotiate the best price and terms(if possible), and to have a ready made list of potential buyers to shop it to. To make sure it is not sold out from under you, you use a contract. The contract will state how long you have to make the deal. It keeps others from being able to purchase the property unless they buy it from you. There are always signs everywhere that say “We buy houses”. It is very easy to put together a buyers list from the local investors in your area. It takes some time and experience to recognize a good deal, but sometimes you run across properties that are obviously a good deal. If shopped to the right investor, it will give you your start towards stock piling cash to go it alone without investors. In this economy, the best deals are found in rural areas outside your city limits. As the population grows along with the economy, Counties begin to annex these properties(making them apart of the city to supply the city with more tax dollars) Increasing the value. There are many different way to construct a no money down deal. Just always remember, its about creating a win win situation for all. I will leave it on this note for those that still dont understand. If you were selling a $100,000 luxury automobile and i cam up to you and said…”I will give you $100k in 3 days as long as you take this $100 for now and sign this contract saying that i have exclusive sale rights for those 3 days….I will even give you an out clause that says i will give up my right if you find a buyer and all i want is $200 for my troubles….? What would you do??

Paydex Score with www.gboogie.net

There is a serious myth floating around the internet concerning the dun and bradstreet paydex score, and business credit. For some reason there are websites helping to perpetuate this myth. I get asked questions everyday about what to do once you get a paydex score. The paydex score is mostly for the public. Its a false sense of security when it comes to business credit. A paydex score simplymeans that you have successfully made 3 business transactions that were recorded and placed on your report. Even if these were 3 cash purchases you would still get a paydex score. It does not speak for your company’s lendability at all. When wondering whether or not your company is ready to move past the net account phase you must consider other variables. You must pull your credit report and look at the suggested credit limit that the bureau has asessed for you. You must look at the other scores that make up your report other than the paydex. There is a score based on what industry you are in. its calculated based on other businesses in the same field as well as their success rate. There are scores based on your financials,assets,and employees. inquiries are also calculated in. In short there are many other variables to consider and the paydex score isnt one of them. See more at gboogie.net

Buying Shelf Corps

Along with other myths out there, people are told that aged shelf corps will help to solve their funding problems.At one point in time(long ago)that was the case. In most cases these corps were not set up properly for the purpose of credit just age. It looks much worse to posess a 10 year old corp that has no buisness financials nor filed any taxes or hired any employees. there is no sound lendability there. There isnt even a real reason to even consider funding. This is the way most of these companies structure there shelf coporations. When buying a shelf corporation, make sure that is at least appears to be a functioning company.Lenders will look at previous business activity as well as a wide variety of factors. They will look for the number of employees and check to see if you have submitted any past witholdings to the IRS. In short, buying a simple shelf corp with age just wont cut it. Even if it has some credit attached.

How to get Corporate Credit with Courtesy of www.gboogie.net

BUSINESS BANK LOANS                                          step by step.                                                                                                                  When it comes to business bank loans or lines of credit, a good paper trail always wins out. This page is here just to reiterate, and dig deeper into the subject. A lot of info will repeated from the business basics page.Back to the lesson! After depositing the $600 into a competing bank account, we will need to purchase a 90 day CD from that bank in the amount of $500. Leaving $100 in cash. Some banks offer 30 day CDs, if you can find one that does that would be much better. The reason behind this is because after the CD matures the money will end up reunited with the cash in the first bank anyway. So with 30 day CDs we will have time to let at least two of them mature(one after the other) giving us extra equifax references. I don’t know if any of you remember the old school credit repair trick. Where you open a bank account, apply for a loan secured by that bank account, and then repeat the process two more times. Well, this is actually still true with corporate bank loans. Most business owners want to know how to go about qualifying for unsecured bank loans. I can tell you that it will not happen overnight. It takes time, planning, and a budget of some sort to start with.   For our example, lets say our time table is a strong 90 days. Our budget is $3000.00, and our goal is a modest $50,000 in unsecured lines of credit. Let us assume the business is incorporated, already has a land line phone, and a checking account with $3000 in it. The first thing we would need to do is open a savings account for the corporation as well. Making sure that no matter how small, regular deposits are made to the savings account over the next 90 days. The reason for this is, there must always be positive activity on a savings account to show that the business is at least saving something.   We would then make sure that our business plan was so good, and well thought out that the bank might give us the money without any collateral. It must be detailed, and explain every step of the way how you plan to make the company successful. A lot of new corporations overlook this step. It cannot be a generic business plan template that was download off the internet. It must be a plan that you believe in and understand. This enables you to sell the bank on the idea.   Next we will withdraw $1,500 from our corporate checking account leaving $1,500 remaining. Special note: make sure your bank gives short term secured loans before opening an account with them. some banks do not.   It is also important to complete all the steps outlined on the business credit basics page. This will only increase, and strengthen your position.   Now again, keep in mind this illustration is done with the understanding that all previous steps have already been taken. At this stage you should already have a decent d&b  file, as well as experian business. This will definitely be needed as your plan B. Keep all your receipts from net 30’s you have paid.  Keep all utility bills for your business in a separate file. Make sure you have all of your revolving account info in a separate file. Paperwork, and overkill are our key words to focus on here.   With the remaining $1,500 left in the corporate checking account, we will purchase a 9 month CD(certificate of deposit) for the amount of $500.00. Leaving $1,000 remaining in the account. With the $1,500 we withdrew, we will open a second corporate account at a competing bank. The choice of the bank is very important. It must offer secured loans to business starting at $500.00. Some banks start at $1,000 as their minimum, so this is a key piece of information you must have. Once we locate an appropriate financial institution, we will deposit $600.00 into  a corporate checking account. That would leave us with $900.00 in hand. Special note: Always remember that you can pretty much borrow 80% more than what you have, any day of the week from the bank. But we want to get it up to 90%. Meaning: If Your corporation has very little bills, and $3,000 in cash. Your business will easily qualify for a $15,000 loan. But we want $30,000. How? Simple. It’s very similar to obtaining a mortgage. The general practice is, as long as you have 20% in cash, you are approved(this is just a general statement) . Whether it be in cash or assets. preferably cash or CDs. The difference here is there is no down payment, So our corporation must have at least $3,000 in the checking account for at least three months with deposits made regularly to that account. This shows that not only does the company have this money in the bank, but it is also steadily adding to it. Meaning we can repay our loan without having to touch that money. Even if we may actually have to.   CDs Are needed for a couple of reasons(bonds are just as good). For one thing, they give us a financial track record. A large percentage of start-ups have no banking references on companies. Corporate checking accounts,saving accounts,insurance,401k’s,retirement account for corporations, auto leases. All of these leave a financial paper trail. Secondly CDs give us a little leveraging power. Our cash is now worth more than it was instantly. Not by a whole lot but still, every little bit counts.   Ok! with the $500 CD in bank #2, we will apply for  a secured credit card backed by the CD four to five days later. We will leave the $100 alone for a little while.  I haven’t mentioned the corporate savings accounts for a reason. You can deposit whatever you can afford into them as long as you make regular deposits over the next two months.  Recap: $3,000, two corporate checking accounts,two corporate savings account,Two CDs,and a secured credit card. G boogie

Music Indie eBook Fool Proof Credit

 We at the Gboogie M.A.F.I.A. Have put together an eBook to help all of our independent artist,D.J.’s,and anybody else with aspirations in the music industry. The recession did not just hit some things it hit all. That is why the quality of musics is down and the opportunity is down in the industry. Now in 2010 to get a record deal(if you want to famous rather than make money)you need to already have a fan base producing money. I mean …the safe bet is to sign someone who is already successful. Its business. Does the bank loan people money that needs it? No. Only if you have a 700+ credit score and a sizable savings/checking do they give you a loan. Music the same way. With the internet and music sales down they are playing it super safe.Wouldn’t you?
So with that being said..How do you get in? I have put together an ebook that has nothing to do with the actual music.But has everything to do with it at the same time. If you are an artist going indie you feel like you are the one. Rightfully so,,,Thats how you keep your edge. But the sad part is this is a business. What Jay-z say “men lie women lie numbers dont”.That is all the record companies care about. If you meet with a label today and they are like uhhh. But then you push 20,000 units next week what would they say. What would you say if you were Them? With that being said and the internet in play so heavy. The old school do it your self is back.
We at http://www.gboogie.net powered by the Gboogie M.A.F.I.A.have put the budget for you in focus. We have put together a music eBook that helps you along with getting your financing together. If you follow the instructions in the book and really focus on the step by step tactics,you will at least have a budget to fund your dreams. That is the point of the whole book. I am not going to sell you a dream and tell you I’ll sign you to a record deal(like these fake A&R web meeting etc) . But give you the tools to come up with a budget to at least get your music to the people and get noticed by record companies if it works out.What ever you plan is. So with all that being said click this link and check it out if you want this powerful info. Not gonna do it for you but I will make you a sword. Happy Hunting! Save the Music! It takes a village to raise a kid.

The king of Business Credit

Gboogie.net has always been the leading force of business credit information. With almost 200 videos devoted to the subject. The difference between these so called credit gurus and us is the fact that we actually give you the information. There are no large production values in any of these videos. Just a regular guy, that has a totally different livelyhood, giving business credit advice for free. Our company primarily does business overseas as a “shelf corporation mill”. Many of our clients have questions as it may be their first go at this business credit stuff. Although they speak a different language, most of them understand english pretty well. Because of the enormous amount of offshore shelf corporations we produce each year, A massive amount of email customer support was required. We figured the best alternative to answering upwards of 20,000 emails a day we would just compile the most frequently asked, and make video response. We figured four or five videos would pretty much cover all of the commonly asked questions and drastically reduce the barrage of emails. We decided to use youtube because it was very user friendly, and gave the link to our foriegn partners and clients. Shortly after, for some strange reason the emails increased. More and more questions started to flood in. Many of our offshore partners have IBC’s(international business company)that operate in the us, so we figured maybe it was some of their clients. Not feeling like doing someone else CS work, we did some investigating and learned that these correspondences were coming from the youtube videos. We continued to answer them during our down time by making more videos. Some smart people, who had already had failing blogs or websites pertaining to this subject matter began to incorporate our free information into their own products. Most of the time not truly having a clue on how things work. So we decided to put up a website that broke down all of the information in a step by step format. We then released some information that we felt was kind of sensitive, and sure enough many took advantage of it and just ran for the quick buck. Never intending on paying anything back. This causes vendors to make quick policy changes, and affects the next honest business owner seeking credit. So we decided to keep the sensitive information separate from the general information. This will not keep all of the scammers away, but it will at least cut it down a little by charging $50. If not, all insider information we give away for free will slowly contribute to the demise of business credit. If you have been following any of our information you will notice we never over hype or try to over sell anything. Just by looking at the website, you can clearly see that this is not an attempt at e-coomerce. The naked truth is, we have information to share that we wish we could give away for free but have already seen the monsters that creates. This is why other websites charge so much money for their products. This is why they dont even give you any information until you pay. We are sure you have done your own research and have come to find that everyone is searching for new companies that report(if you can get credit at all with them). Our methods have nothing to do with that. In the members areawe show business owners how manipulate their own business credit reports without having to wait for d&b. In the members area we teach fool proof business credit. How to go around dun and bradstreet. How to use various agencies to age your business instantly. In the members area we teach how to use contracts and promissory notes to build business credit. We teach methods on how to build business creditstarting with no money at all. Imagine that. How does one start a corporation and build business credit without any money? These are the techniques we teach in the members area. We have on going live instructionals with screen sharing in the members area that are recorded just in case you miss the live session. Not to mention we have the best customer support in the business. Dont believe me? send an email to gboogieamerica@yahoo.com and clock the response time. 24 hours a day(we work overseas hours remember). All lectures and seminars are found in the members area. Members get access to free products,updates and seminars for life. Using the techiques we offer definitely leads to the results your are seeking. In these tough economic times vendors and lendors have tightened their belt tremendously. What individuals must understand is that during a credit crunch, lending is pulled back more so in the public sector. Meaning consumers will find it harder to acquire credit. The government as well as banks begin to concentrate the lending in the business sector. Because its the business owners that are laying off the workers. The government will always favor industry because our counrty is built on it, and without it we cannot survive as a nation. Why do you think they rush to save companies that either have the most money or the most employees. The fed must keep businesses going so they can continue to grow,expand,hire more employees, and pay more taxes. What we do here is show you what they like to see and how to get your business looking exactly like it. Well, Thanks for your time. Even you do not become a member, we appreciate you visiting our site. If you have learned anything from our videos, do us a favor. When you visit other business credit blogs or websites, please leave a link to our website http://gboogie.net and we will call it even.

Business credit at www.gboogie.net

There will be a webinar on business credit 2-20-10 9pm est. This webinar will be held at http://www.gboogie.net/ . Gboogie will be showing trade secrets on building fool proof business credit . He also will show you how to report trades on your personal credit using public filings. Seating will be limited. For more information go to http://www.gboogie.net/ . Look at some the videos on the front page. Its the real deal!