Reporting Tradlines to Experian

Here at Gboogie America we have a new product. This product is a bundle of Business Credit products .We report this product to Experian as a net 30. This new product includes membership,no money down business credit, how to build your own shelf corps and more. Please go to the website for more information . Ge your tradeline today!

http://www.stntsol.com

Because of the shortage of companies that report to experian, We have decided to introduce another company into the pool that does. Stragtegic network solutions(www.stntsol.com) We have partnered with them in order to bring you a company that extends credit without the same hassles as some of the other companies. Strategic network solutions report trade activity to experian business and will also report to experian(personal) very soon. This will give everyone the best of both worlds by be able to build your personal credit as well. You will need this coupon code snsgb. We will be bringing you more new businesses that report to the credit bureaus without the hassle. We will slowly replace these vendors who no longer extend credit or no longer report altogether. Dont forget your $10 off coupon code: snsgb . Check out http://gboogie.net/default.aspx for more info…

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

Getting Business Credit For Homebased Business

I get this question a lot. Can I get business credit if I am a home business? The answer is yes. Home Based Businesses can receive credit as any other business. It is a little more difficult to get the type of limits that a Business that is operating out of an office. The trick is making sure that your business is set up correctly from the start. Also being in the right industry. For instance, if you are in the operating a real estate business from home the chances are you may not get approved for as much credit. Verses operating a solar company from home. The fact that real estate market crashed and all the fraud that went on hardly any company will lend money/credit without collateral. It’s all about your industry and your file.
Another myth is that if you have a paydex score of 80 you can get funding.Again it is about your file and industry. If you have a paydex score of 80 with an empty file you will not get credit. Meaning a file with an 80 paydex with no taxes,bank account,payment history,assets,or any third-party verifiable information. The days of 3 net thirties and boom 5000.00 credit limit has been over for a while. Anybody promising this is probably scamming or using out dated information.
Now if you have a home base business and would like to learn how to get funding I know a place where you can go. The information is current and up to date. His name is Gboogie and the website is http://gboogie.net/default.aspx . They don’t do for you but there is step by step instructions on how to set up your business and credit file. Whether a home base business,startup,or established business. If you would like a discount on membership click here. It is a lifetime membership and you get all the products free for life.I have been doing business credit for 10 years and the information and tactics he provides are priceless. It used to be free membership until some of the people began abusing the information. But it is still very affordable at $55. Far cry from a $5000.00 boot camp and half the information. But with that said feel free to comment on this blog and I will answer any questions you may have. Until the next time fellow business men and women!

Business Credit for Beginners

Technique for beginners
This is strictly for informational purposes.
This technique was designed for businesses that start on a shoestring. Meaning very little money.I will personally share with you one of my best kept trade secrets on how to build business credit with little or no resources. I will take through what I do for some of my clients and explain what is going on in a story form.

An individual comes to me and says “I have a business, and I need to build credit” for whatever reason. They have tax ID, no landline phone, and they are not incorporated. Also they only have about $500 to go towards this endeavor. They say that they have at least 60 days or so until they need the financing for whatever. It also happens to be the 13th of the month. That’s perfect timing! The last reporting period has just ended, and I get to start at the beginning of the next one.

First thing I do is incorporate the business. In that particular state, it cost $100. Leaving me with $400 as my budget. Next i called embarq and had a business land line put in. Embarq does not charge a deposit for new businesses, and they report very fast on your business credit file. After the Articles of Incorporation are received in the mail, I go to OfficeMax. In the copy section of the store(copymax), I request a corporate package consisting of a corporate binder and seal. The binder holds all the stock and other corporate documents, and the seal is to stamp all documents with relating to the corporation. This package ended costing $65. leaving me $335 to work with. (when i receive the binder i have a shareholders and set salaries etc… )

By now It’s the 16th of the month, And I have already applied for and received my d&b number. I have already applied for an eupdate password, and have already updated my dun and bradstreet file. Today I place orders. Knowing that I need at least need 3 trade lines in order to get a paydex score, and also knowing that embarq will report on my file, I still need to place at least three net account orders. I go with my top three; Uline,grainger,and seton. keeping my orders right at $50.00 a piece. Once those orders are paid. I will have roughly $185.00 left as a budget.

Now it’s the 17th, and I take $85 down To a bank in their town add open a corporate bank account. Even though it’s not much, believe me, just having a bank account helps you build credit. That leaves me with $100, and pretty much nothing else to buy at the moment. Now I will register at the home depot, staples, and office depot websites and request catalogs. Also, I register their business with all of the online directories including mapquest. With the $100 I have left, I make several small online purchases from staples and office depot over the course of the next two weeks. The reason I do this is because I really need those two revolving accounts next. Registering and making multiple orders over time gives me a customer rewards card from both. It shows that I am a current customer which will be what I need when i’m ready to apply for credit.

Normally, by the 15th or so of the next month, I see embarq, seton,and uline on my credit report, giving me a paydex score of 80. Because I did not buy the credit builder I will have to wait another month for grainger to appear. With that 80 paydex, and combined credit of $150, I apply for office depot and staples. I usually get approved for anywhere from $1500-$2000 with staples. Between $1000-$2000 with office depot. For the sake of argument we will say approved for $2000 for both. I Then sign the business up for a merchant account so the company can accept credit cards. No money is needed up front, Just a percentage of what is processed goes to them.

So far a month has gone by, and it’s time for the next step. I go down to staples and office depot and purchase $2000 worth of vanilla visa cards, and american express gift cards from each store. I then go home and load them into my credit card machine that happens to be connected to the business’ bank account. Minus the transaction fees, I am left with the change. Lets say roughly $3,700.Leaving $3,785 in the account. I would then purchase a 90 CD from that bank for the amount of $1000. Next I would request a secured credit card for $1000. Then a secured loan against the CD for $500.00. Still leaving $1,785. I would then place $500 into a corporate savings account. Leaving $1,285 in the corporate checking account.

You have 30 days before the staples and office depot bill arrives, You may as well use that same 30 days to build credit with their money. The minimum payment on $2000 will be roughly $80 give or take. So lets say $160 a month for both. I would set $500 to the side for three months worth of payments. Leaving us with $785 in the account and a three month cushion.

There are so many different ways I could go from here but I will just leave the creativity up to you. This is as much of my trade secret I am prepared to give away. The rest is up to you. Just apply one of these concepts to your own experiences. Pleas take advantage of the forums so we may better answer questions that you have.

thank you for listening.
gboogie “king of business credit“

Build business credit with no money down

At first glance im sure this may seem like some sort of scam. Just like the real estate guy on tv, there is always some kind of catch. Well not this time. This technique has been proven time and again and still works to this day. This method is strictly for the destitute. Anyone may use it, but it involves absolutely no money at all. To actually start a corporation from scratch and pyramid your way into revolving accounts without partners,or borrowing money from friends is a major feat. But then you ask, “how can you start a corporation if you have no money?”. “How will you pay for your trade line orders?”. These are the types of questions that are answered in this video. A dash of all techniques combined into one play a part in this method(fool proof,timing,aging). For those who may want access to the members area but do not have the ability to join, we are offering different aspects independently to the public starting with the oldest in our arsenal; Building business credit starting with no money at all. this package comes with 3 videos(the original two,and a recently updated version 1hr 47min long),an ebook,and the password to the file that contains the information on reporting trades for businesses and consumers. The elusive links and contact information that is necessary to set your business up to submit credit experiences for all 4 major credit bureaus. If you at any time decide to become a member, you only need pay the difference between this product and the membership price. This has been done in an attempt to make the information more affordable to the public during a recession. There is also an even newer update coming May 22,2010

http://gboogie.net/default.aspx

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??