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.

Corporate Aging (www.gboogie.net)

How to give your new corporation the appearance of age. This is strictly for informational purposes to illustrate how this would be acheived. This page has been added because it is the most requested piece of information on this website. For a new business is it important for your operations to seem bigger than they may actually be to look more attractive to vendors. One may argue that this is no different from wanting to seem older for the same reasons. In reality there is a huge difference. One process involves spreading your company’s information to the winds, and mimicking the paperwork, and operation structure of a large corp. This is mostly done by inferring. For example, if your business credit file shows liens paid off, multiple banks accounts, mixed in with some secured loans it could be assumed that your company has had some financing experience. Their is no real deceit, maybe a little embellishment. The other process literally involves deceit. It is to say, “even though i started my business yesterday I’m going to take measures and file paperwork testifying to the fact that it is three years old.” Some want this information to get over the “two years in business” restrictions a lot of vendors have. Some want this information to go into the shelf corp business and have “instantly aged corps” for sale. Whatever their reasons or motives we have decided to provide this information on the merits of the information alone. Everything here is fact. Any moral,ethical,or legal issues reside on your side.We still debate amongst ourselves on whether or not to put out this information, Knowing that it will spawn a new breed of scammers. Some of these techniques border on illegal, but in a grey sense of the word because no one has ever been caught doing it. Most people dont go through great links to make their business seem older. Bigger yes, but not so much older. For legal reasons this will be told more like a story. We will chalk this one up the “Fiction” category. The methods in this story do work in real life,but this story is just a story. You will understand the reason for all of the disclaimers. To actually give your company the means to prove it existed several years prior is really quite easy. Of course there are ways to fudge numbers, and dates to suggest the fact, but they do not provide enough concrete evidence. To become a member please click below! MEMBERSHIP

http://www.tradebit.com/filedetail.php/89698582-gboogie-net-membership-login-information

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.