How to Make $10,000 in Commercial Real Estate without Down Payments, Loans or License

Discover how Anthony made $10,000 in commercial real estate without a down payment, loan or a license!

Step by step, in vivid detail, you'll learn how you too can make $10,000 or more with commercial wholesaling.

From how to find the good deals to how to locate qualified buyers so you can be the "middleman" and put real cash in your pocket.

Maybe you want to buy your first commercial property so you can leave the rat race but you don't have the down payment money or the ability to get a big commercial bank loan?

Wholesaling commercial real estate could be your stepping stone to achieving your dream! Learn more in this video.

Tips on How to Build Corporate Credit

An arrangement between the corporation and a lender or a vendor for an acquisition to be paid on a later date is called a corporate credit while business credit is an assessment of a company’s capability to pay. For a starting company or a small business, setting up corporate credit is crucial for their new business and maintaining credit worthiness.

There are only rare cases that serious company owners will be turned down when availing a business loan when they are building corporate credit. This can even save them from using their own personal credit to fund their business. These entrepreneurs should take action on how to build corporate credit so they can easily qualify for leases, loans, or credit lines and less the common hassles.

What should be done when establishing corporate credit?

Establishing corporate credit is almost the same as building business credit. You need to furnish necessary documents and complete certain compliance check with the state government.

Here are the other actions you need to do when building corporate credit:

·         - You need to establish your business identity properly. This includes obtaining the necessary licenses and permits for your company, getting a federal tax identification number from IRS and an EIN. You must get the federal tax ID so it will not affect your personal financial credit and activities.

·         - Set up and confirm a valid business address and phone numbers that can be found in phone directories so that the credit reporting agencies can get in touch with you easily and verify the identity of your company.

·         - Open a business account for your company or apply for credit cards for business but make sure that the bank accounts and credit card accounts are not personally linked to you in any ways. This can help in building your business credit as well as your credit in cases of possible default.

·         - When looking for vendors or lenders, make sure to research for evenhanded fees and interest rates. It is always best to get in touch with vendors that can propose line of credit for office materials and supplies, furniture, and computers.

·         - Making earlier payments is always a good move as the credit bureaus use this in building up your corporate credit report although making payments on time also give the same positive effects. Maintaining this kind of financial practice will move your company to an unsecured business credit, which will merit your business more and higher range of credit lines.

Learning how to build corporate credit offers a lot of value to small businesses and startup companies. It is always an advantage for any company to have something they can depend on as the business grows. Setting up a corporate credit is just like insuring the company to yield more than profits.

SBA Small Business Start-Up Loans - Great Help For Start-Up Business Owners

Setting up a new business is never an easy task. Capital is required at every step of its establishment. However, despite the huge loan requirements that small business owners have, they often fail to fulfill the eligibility criteria set by conventional lending sources.

The SBA or the US Small Business Administration provides small business start-up loans to business owners with the aim of bringing about an improvement in the economic condition of the nation. Although SBA is not the direct provider for these loans, they act as guarantor for a number of banks and private sector lenders who provide these loans based on SBA rules and regulations. SBA determines the lending requirements and authorizes the banks and private sector lenders to provide these small business loans.

SBA loans are beneficial for small business owners in a number of ways. Let us discuss some of the significant advantages they have over conventional loans:

• They are provided at lower interest rates to make it easier for small business owners to set up their business even while making debt payments.
• SBA provides you complete support and assistance by serving as your guarantor even if you do not possess any property for security purpose.
• Most SBA loans have longer maturity periods than conventional loans.
• SBA loan processing is fast and easy. You can get them almost like ready cash as soon as you apply for them.

Small business start-up loans provided by SBA provide immense support to small business owners in setting up and expanding their business. Let us discuss some of the important features of these loans:

• SBA offers several loan programs to serve people with various financial situations and requirements. The various loan programs offered by them are SBA 504 loans, SBA 7 (a) loans, SBA Express loans etc. Each of the programs has their own set of features and eligibility criteria. It is important that you obtain detailed information regarding each of the programs to determine which one can best cater to your financial requirements.
• Loan amounts vary from one SBA loan program to another. You can avail loans from a few thousand dollars to $3.5 million or even more. It is therefore important that you evaluate the features and advantages of each of the SBA loan programs before you avail them. Also, you must compare the terms and conditions offered by various lending sources to decide on the most reliable one.
• SBA loans can be availed by almost anyone who has a strong desire to start their own business. There are no strict restrictions that can forbid you from applying for them. You can obtain these loans conveniently even if you have a poor financial situation.
• These loans are not only beneficial when you are trying to start a new business, but can also be used for expanding an already existing one. SBA loans can also be used for refinancing existing loans.

SBA provides you help and support in every possible manner to start your business. However, you must know that all the banks providing these loans might not offer the same loan programs. Hence, you must choose a lending source that provides the most appropriate loan program in accordance with your financial situation.

Miner Capital Funding, LLC is one of the leading financial companies in the USA providing all kinds of commercial real estate loans. They specialize in providing conventional, bridge and SBA small business loans. Miner Capital serves as one of the most reliable, private-sector lenders providing small business start-up loans under SBA rules and regulations.