Free Guide Business Credit Insiders G Uide To Securing Cash 7 30 2009

5
www.FastBusinessCredit.com. Call within 72 hours of downloading this free guide at 1-888-313-6333 and receive a
Bonus GUIDE, a $47 value, “15 Secrets to Help You Secure More Cash and Credit for Your Business”, and a 30 minute
free consultation, a $200 value plus a special one time offer after you call!

Master Resell/Giveaway Rights
You do have the right to sell this report, offer it as a bonus in your packages,
(digital or physical) give it away for free to your clients, on your blog, with
material you send out, etc. You also have the rights to pass these rights along
to anyone who received this report. You do not have the right to change the
content in any way or quote it without giving credit to the author.

Dedicated to Your Success!

Scott Letourneau
CEO

© 2010, FAST BUSINESS CREDIT , Inc., ALL RIGHTS RESERVED.
This book contains material protected under International and Federal Copyright
Laws and Treaties. Master Resell Rights as details above.

Bonus GUIDE, a $47 value, “15 Secrets to Help You Secure More Cash and Credit for Your Business”, and a 30
minute free consultation, a $200 value plus a special one time offer after you call!

TABLE OF STRATEGIES

Be Sure to read your SPECIAL ONE TIME OFFER on page two
only available to those that review our “Insiders Guide”!
SCOTT J. LETOURNEAU
CHAIRMAN AND CHIEF EXECUTIVE OFFICER.................................................................3
FAST BUSINESS CREDIT, INC........................................................................3
DISCOVER HOW YOUR BUSINESS CAN SECURE BUSINESS TRADE AND CASH LINES TO PUT
YOUR BUSINESS IN THE POSITION TO BEAT THE ODDS AND RANK IN THE RARE 5% THAT ARE
STILL IN BUSINESS AFTER FIVE YEARS!
6
DID YOU START YOUR BUSINESS WITH A DREAM OR A VISION?
FAST BUSINESS CREDIT HELPS YOU MAKE IT A REALITY FASTER THAN ANYONE
ELSE!
7
HAVE YOU MASTERED THE FASTEST WAY TO GROW
YOUR COMPANY?..................................................................................................9
COULD YOU USE A BUSINESS LINE OF CREDIT..........................................................10
(NOT TRADE CREDIT) OF UP TO $100,000?..............................................................10
ESTABLISHING THE PROPER FOUNDATION FOR YOUR BUSINESS ...................................11
IS YOUR KEY TO SUCCESS!..................................................................................11
WHY INCORPORATE?............................................................................................11
SOLE PROPRIETORS ARE ROLLING THE DICE.............................................................12
SOLE PROPRIETORS ARE RISKING THEIR PERSONAL CREDIT AND CAPABILITY FOR FUTURE
FINANCING!.........................................................................................................13
INSURANCE IS NOT A FOOL-PROOF SAFETY NET ......................................................16
ADDITIONAL BENEFITS OF INCORPORATING.................................................................16
WHICH STATE IS BEST TO INCORPORATE YOUR BUSINESS?..........................................16
WHAT’S THE MOST COMMON REASON FOR
BUSINESS FAILURE?.............................................................................................19
From Your Business Credit...........................................................31
COULD YOU USE A BUSINESS LINE OF CREDIT..........................................................31
(NOT TRADE CREDIT) OF UP TO $100,000?..............................................................31
BECOME AN AFFILIATE PARTNER WITH FAST BUSINESS CREDIT:.........................39


Scott J. Letourneau
Chairman and Chief Executive Officer
FAST BUSINESS CREDIT, Inc.

"Hi. I'm Scott Letourneau and I started FAST BUSINESS
CREDIT to help entrepreneurs get their business off to a fast
start and have access to the cash and capital they need to
grow.

As you know 80-95% of entrepreneurs fail within the first
five years, and the #1 reason is lack of cash flow! Like any field,
business credit services have it share of misinformation. I am
known for cutting through misinformation to provide my clients
the best of the best and what really works vs. hype.

Our programs will help you understand the full picture
of what it takes in today’s economic environment to get access
to both trade and vendor credit for your business. There is no
magic pill in this area. The business credit area has changed
dramatically over the last year.

This powerful report will guide you through many of the
costly mistakes to avoid and tips for success.
Scott J. Letourneau
Incorporate and Business Credit Expert
I recommend you call FAST BUSINESS CREDIT at
1-888-313-6333 for a complete no cost analysis of your
situation and what is possible and realistic (again no magic
pills) for your business to secure in the area of cash and vendor
credit!"

Over 7 years ago, Scott Letourneau founded FAST BUSINESS CREDIT, Inc. and 13 years ago,
Nevada Corporate Planners, Inc. He is also a busy lecturer, consultant and author.

He is also a busy lecturer, consultant and author. Mr. Letourneau is recognized and recommended by
top professionals, such as Sandy Botkin, Attorney/CPA, and Attorney Dr. Arnold Goldstein, as the
foremost expert on not only Incorporating your business but also on how to access capital to help your
business get off to a fast start!!

To his 5,000+ clients, Mr. Letourneau's expertise has allowed them to incorporate with confidence and
"get their business off to a fast start".


Mr. Letourneau has a BA in Finance, a Masters Practitioners Degree in NLP and is the author of "
The Insiders Guide to Incorporating Your Business and Protecting Your Assets!” & “The Insiders
Guide to Securing Cash and Trade Credit for Your Business”.

He has appeared on CNN Headlines News with Pat Summerall’s Success Stories and has also been
interviewed by Channel 8 News, in Las Vegas, and various radio stations throughout North
America for his expertise and experience.

Plus he is a contributing author in the new book available now from Entrepreneur Magazine’s Start Up
series "Start Your Own Information Marketing Business – Your Step-by-Step Guide to Success".

He was nominated for the real estate warrior of the year, in 2007 with helping real estate investors
protect their assets!

Scott is a rare combination of the best training from Tony Robbins, Dan Kennedy, Michael Gerber,
and Jay Abraham all wrapped into one speaker (Coach) Mr. Letourneau is happily married to De Ann,
an amazing classical violinist, and a proud father of three beautiful girls, Gracie, Rosie and Faith!


A One-Time Only Special Thank
You Offer Available to those that
Review our “The Insiders Guide to
Securing Cash and Trade Credit for
Your Business!”
To Gain Access to This Special Offer
You Must Call FAST BUSINESS CREDIT at
1-888-313-6333
within 72 Hours of Requesting this Guide!

Here is what you will receive when you call…

 Free Bonus Gift #1: A free 30 minute consultation with one of our
senior business analysts who are the best trained in our industry. You will have
the opportunity to speak to the best, avoid costly mistakes and gain insights from
years of experience to help your business understand what it will take for your
business to get access to cash and capital in today’s tight credit world! ……$200
value!

 Free Bonus Gift #2: “15 Secrets to Help You Secure More Cash and
Credit for Your Business” You will have an opportunity to test your business
and asset protection I.Q. with our 20 question test. You will discover the most
costly mistakes and how to avoid them before and after you form your
corporation or LLC. Nowhere else will you find these powerful insights in one
report!..........$47 value!

 Free Bonus Gift #3: You will have the opportunity to purchase our top
selling, Business Credit Secrets Revealed CD, this is where we have
UNLOCKED THE BANK’S LENDING CODE on the formulas to get your
business up to $100,000 in business lines of credit at a 50% discount! In this
CD you will find the exact formula we extracted from a major bank on the criteria
you must know before you apply for a business credit card, line of credit or
business loan. Has the levels within that formula changed over the past you?
Absolutely! For example, a year ago your credit score for a business credit card
had to be around 600, now it is closer to 680-710. The key is you will learn the
formula, the answers to the test, before you apply for any type of bank
financing! You will only pay $97… $48 for this powerful CD! This is a one-time
offer on the day you call (must be within 72 hours of requesting this guide).


Discover How Your Business Can Secure Business Trade and
Cash Lines to Put Your Business in the Position to Beat the
Odds and Rank In The Rare 5% That Are Still In Business After
Five Years!

From the Desk of CEO, Scott Letourneau
Dear Entrepreneur,
In my ongoing efforts to deliver actionable value to you, I have invested more in comprehensive
research and streamlined systems to help your business get off to a fast start than anyone else… because I
want you to be one of the TOP 5% that are still in business and thriving after five years!
If your goal is to protect your assets or determine the best entity or structure for your new partnership,
business, real estate opportunity… you’ve come to the right place. Not only does FAST BUSINESS CREDIT
track cutting-edge research to give you the best information on which entity is optimal for your needs, but we
have also created one of the most comprehensive networks of professional resources in the U.S. to keep you
moving in the right direction.
That correctly-focused forward momentum is crucial in our challenging business world today. As if
cutthroat competition, a fluctuating marketplace, and the double-edged sword of the new global economy
weren’t enough, forces threaten from outside your business as well…

According to the FBI, More than 250,000 Criminals Make their
LIVING Each Year Through LAWSUITS!
Will Your Assets Be Protected?
And not only do you have to survive lawsuits, but the scrutiny of the IRS, too. Amazingly enough, in a
self-audit last year the IRS determined they were $300 BILLION SHORT in tax collections --- and that their
biggest culprit was NOT large corporations. They’ve decided that small business owners just like you cause
most of their shortages, especially sole proprietorships. That makes sole proprietorships that file a Schedule C
tax return 300% more likely to get hit with an IRS audit versus those who do not!

The IRS Has A $300 Billion Per Year Tax Gap.
Is Your Business A Target?
Do You Have A Strategic Plan To Avoid Destructive Audits?
As you read our guide, you’ll discover why sole proprietorships are such huge IRS targets. That alone should scare
off most business owners, yet over 67% of all U.S. businesses still operate as sole proprietorships. It makes terrible
business sense… but then, these well-intentioned (yet naive) sole proprietors stubbornly cripple themselves even more by
dramatically REDUCING their opportunity to utilize business credit.


Did You Start Your Business With A Dream Or A Vision?
FAST BUSINESS CREDIT Helps You Make It A Reality Faster
Than Anyone Else!
Let me ask you an important question: What is your dream, your vision? Are you one of the 500,000
every month looking to start a business? Perhaps you will become an Awakened Entrepreneur, as Michael
Gerber describes in his recent book, Awakening the Entrepreneur Within. (Be sure to listen to my timeless
interview with Michael Gerber, a valuable bonus that you’ll receive as a new FAST BUSINESS CREDIT client
that will inspire you to take your dream to a new level.)
Perhaps, your dream for your new business is to provide quality services to your clients and make a
difference in your marketplace. You’re no doubt excited, yet maybe feeling a bit overwhelmed. You may have
the ability to start a successful business, yet may not have a handle on the key strategies to get you there
quickly.
If anything rings true here, I know how you feel. I was there six years ago when I started FAST
BUSINESS CREDIT . I was on a mission to provide top-quality service for those who wanted to incorporate in
Nevada. I considered it my duty to dispel the misinformation that was so prevalent back then (and still is) about
this valuable, yet misunderstood strategy.

Believe me; I know what it’s like to be an entrepreneur. Over the last eleven years, I have invested an
enormous amount of money with many top professionals to ensure conscientious, accurate service for our
clients, including fees paid to Deloite and Touche, multiple law firms and other professionals. I have personally
worked many 70-90 hours, seven days a week. I have made (and learned from) every mistake in the book
along the way, especially in the HR and employee area.

First, The Harsh Reality…
Here is some of the background of the uphill battle the small business owner’s face when it comes to
getting capital and what some of the options are and some of the difficulties they may have.

Local, regional, and national banks had one-page application loans, where they lend between $5,000
and $100,000 unsecured loans to businesses. It was based on their credit score.

That product that was available 3 to 6 months ago up until it basically disappeared. Also credit scores
on the principal owner was approximately 680 credit score. That credit score has gone to 720, 730.

Even with Help by the Government Banks Still
Have Problems!
Now instead of looking at the individual, the banks are also looking at the person’s business. It’s
virtually impossible to get a small business loan in this environment now, because the banks themselves don’t
have the liquidity to advance this money to the merchant and they’re finding reasons not to give loans.

Now, in this special report, you will learn the best secrets to put your business in a position to gain
access to cash and capital and to retain 100% ownership in your company! As you know, the financial and
lending world it a moving target. It is quite possible that several of the secrets may change over time.

The key is to focus on the strategy behind the secret so you are in a better position to ask better
questions for your bank or financial professionals. You will now be armed with better information and a structure
from which to ask important questions about what has to happen in order for your business to be in the best
position to gain the most cash and capital!


Plus you are likely to receive different opinions on certain approaches and criteria. Successful people
looks for what works and move forward….unsuccessful people look for one part or pierce of information not to
be accurate or off with current standards and therefore disregard the rest of the information. Don’t fall into that
trap! That can be a costly mistake!

Secret #1: Will You Receive Help from the SBA?
The Small Business Administration, (SBA loans) is for people that actually have secured assets,
including some equity in their house or inventory receivables in their business.

About 8 months ago, the Small Business Administration, at the government level, looked at their
portfolio and was not happy with the performance of the portfolio. What they did was they closed the pipeline
that’s been open for the last 15 years to these small businesses that needed access to capital.

The government guarantees 90% of these loans. The local banks guarantee 10%. But SBA lending
has really dried up. It’s available to very few people right now. That funding has dried up and quite honestly,
they’re not going to help you until you’ve been in business for 2 or 3 years anyway.

Secret #2: Leverage with Real Estate? More Problems.
Obviously, nobody has equity in their house or they’re leveraged. These forms of getting access to
capital for their business aren’t available anymore. A home equity line of credit (HELOC) is very difficult to
obtain. If you have one from the past look out! The banks are cutting off the limits on these HELOCs to protect
for the declining value of homes!

Secret #3: The Biggest Mistake Most Small Business
Owners make when Starting a Business.
Most small business owners start off as a sole proprietorship and they self-finance their business for the
first 6 months. Then when they get things up and running, they form a corporation or LLC, to separate credit or
credit cards in the business name from personally.

If your revolving debt’s 80%, 90%, you’re automatically going to get rejected by the bank when you
apply for a business credit card, or you may get a very, very low limit.

It’s very important that you incorporate, as soon as you start the business and stop using your personal credit
cards. Keep your revolving debt low, and you have to work on your credit score.


Have you Mastered the Fastest Way to Grow
Your Company?
Then I began studying with the world’s top business experts, including Jay Abraham, Chet Holmes,
Dan Kennedy, Michael Gerber and Tony Robbins. I hired mentors in HR and leadership to help take FAST
BUSINESS CREDIT to a whole new level. We’ve done so much more than survive the odds for the past eleven
years --- we have prospered. We now have more opportunity and JVs on the table than ever before to help
more entrepreneurs succeed!

with Marketing Legend, Top Fortune 500 Sales Trainer,
Jay Abraham Chet Holmes

Top Internet Guru, Marketing Superstar,
Armand Morin Dan Kennedy

E-Myth Legend, Chicken Soup for the Soul,
Michael Gerber Co-Author Mark Victor Hansen

George Ross, Gene Simmons of KISS Bill Glazer
Donald Trump's attorney and
business negotiator

After implementing many of the strategies that I learned from these experts, FAST BUSINESS CREDIT
has become one of the most successful and well-respected companies in our field.


I consider all those years of mistakes and successes a distillation process, helping me to tailor our
services and to transform FAST BUSINESS CREDIT into what I call a “Launch Pad for Business Success.” Our
goal is to help YOUR company be everything it can be, too --- and more!

I share my story with you to encourage you and reassure you that you are not alone. I have walked in
your shoes. I know what you’re facing. The effort may be massive, but your results can be, too --- with the
proper support.

Today, I actively mastermind and personally network with most of the top marketing and Internet
professionals in the world. I work closely with hundreds of other top growth experts, regularly attend many of the
top seminars worldwide, and invest thousands each year to stay on the cutting edge of strategy and information.

I’ll gladly do whatever I can to gain your trust as our client. I know what’s being offered out there, and
can confidently say that no company comes close to our overall passion and commitment. We’ve assembled
the most comprehensive wealth of cutting edge resources and strategies, any one of which can help steer you
on the path to success faster, with less risk, and as efficiently as possible. Here’s just one…

Could You Use a Business Line of Credit
(not trade credit) of up to $100,000?
In our most recent breakthrough, FAST BUSINESS CREDIT has UNLOCKED the BANK’S CODE to
obtaining Lines of Credit (REAL CASH) for your business! As an FAST BUSINESS CREDIT client you’ll learn
these valuable secrets, get capital when you need it, and avoid the number one reason for all new business’
failure: lack of cash flow. We don’t want to see you become just another statistic --- one of the 80-99% that fail
in the first five years! In fact, that cash infusion can provide the marketing dollars to propel your business to the
next level.

I’ve shared just a few of the many ideas I have to help your company not only get started, but to
prosper. Read on for even more valuable information, tips and strategies. Should you have any questions,
comments or concerns, please give our office a call at 1-888-313-6333. Mention that you have downloaded
our FREE GUIDE and ask for our special bonus, yours just for calling!!

Dedicated to Your Success!

Scott Letourneau
CEO, Fast Business Credit


Establishing The Proper Foundation For Your Business
Is Your Key To Success!
Anyone who operates a business, alone or with others,
may incorporate. Under the right circumstances,
the owner of any size business can benefit!

But maybe you’re wondering, “How can I be sure I’m choosing the
right entity? Wait - what happens if I choose the wrong one? Will the IRS
come after me? Will I really be protected against lawsuits? I have so
many questions…”
Everyone in business is looking for iron-clad protection, striving to “bullet proof” their company against
today’s ultra-competitive business climate. If you’re like most, you’ve probably asked yourself the questions
above... or maybe you haven’t yet decided whether incorporation is right for you. Maybe you’re still wondering…
• Why incorporate at all? And why in Nevada, versus in my home state?
• What are Nevada’s benefits?
• Why starting your business as a sole proprietorship may prevent your business from
having access credit for your business after you incorporate! Hint: You “revolving debt
ratio” is a major factor and this is something you will never hear from your CPA!
• S-Corporation…C-Corporation…LLC… What’s the difference?
• Do I have choices as to how my LLC will be taxed? How do I know which is best for me?
• Why is it so important to separate my personal and business credit? What is the different
between trade and lines of credit?
• What does FAST BUSINESS CREDIT do to help me be one of the rare 5% of business
owners who make it past the first five years? Will they actually help my business make
more profits?
• Let’s be honest, I intend to compare you to others… but what should I look for?
• Why use a company like Fast Business Credit to incorporate my business?

The following pages will answer these and many more questions, giving you a solid starting point for
one of the most important decisions you’ll ever make to ensure the security, resilience, and prosperity of
your business.

We at FAST BUSINESS CREDIT know that if you understand the importance of incorporation and have
a firm grasp on all of your options, you’ll undoubtedly see the value of the services we offer. The information
here is only a small part of the contribution that FAST BUSINESS CREDIT will make to your business, both in
the incorporation phase and beyond. But let’s get right down to business…

Why Incorporate?
First, let’s look at the basic question at hand: Why bother with incorporation at all?

If you’re like many small business owners, right now you’re operating as a sole proprietorship. That’s
probably not because you’ve chosen to, but because you don’t consider your business large or sophisticated
enough to need to incorporate – or maybe you’ve never thought about it at all.

If you’re lucky, you’ll never have to pay the price for putting off that crucial next step… but that’s a very
dangerous “if.”


Sole Proprietors Are Rolling the Dice
In today’s ultra-competitive and dangerously litigious business climate, you can’t afford to throw the dice
with your most valuable asset. Your exposure is far greater than you may think, both personally and
professionally. As a sole proprietor, regardless of the size of your business, you personally have unlimited
liability if your company is sued. You could actually lose all of your personal assets.

Sharon McNair is a CPA and a member of the Nevada State Board of Accountancy. She tells us that
her fellow CPAs often advise their clients that they don’t have to incorporate until they reach a certain profit level
– say, $30,000. She thinks this is madness – and we couldn’t agree more. Think about it – just being involved
in a lawsuit is so very, very costly, regardless of whether you win or lose the case. It’s pretty twisted logic to
think that a small business can absorb that financial blow better than a larger one.

Worse, most people are naively unaware of what can happen to them, both professionally and
personally, if their business is hit with even a frivolous lawsuit. Here are just a few things you would struggle
with, or be completely unable to do if your business is sued:

1. You may not be able to get a loan for a new home, refinance or take a second
mortgage on your current home. (We’ll explain why in a moment.) At best, you’d have to
pay a much higher interest rate, because you’re now considered a higher risk to the
lending institution – through no fault of your own.

2. You may not be able to finance a new car.

3. You may not be able to lease office space.

Why do lawsuits cause such a problem with loans? If you haven’t recently applied for a home loan, a
second, or financing for a car, you may not be aware of how times have changed. Five years ago financial
forms asked, “Do you have any judgments against you?” That meant, “Have you been sued, lost the suit, and
had a judgment levied against you?”
However, financial institutions have gotten smarter. They’ve tightened up the system that they use to
rate levels of risk for loan applicants. Today’s loan applications ask a very different question: “Are you
currently involved in a lawsuit?” That means that if anyone tries to sue you for any reason, frivolous or not,
at the very least you’ll be rated as a much higher risk. (Remember, that’s before the suit is even decided.) And
that translates to a lot of money out of your pocket! End result: You may be financially paralyzed!

Are you willing to forego that dream home, that new car, because someone tripped on a pavement
crack in your business’ parking lot? And just imagine what being unable to lease office space could do to your
business…

Creating a legal entity separates the business from you personally, so that any legal action can only
affect that entity – and not you personally!

This is by far the biggest reason to incorporate or form an LLC. It makes no sense to have a sole
proprietorship unless you have no assets or future assets coming… in which case you shouldn’t – and wouldn’t
– be in business at all.


Sole Proprietors Are Risking Their Personal Credit And
Capability For Future Financing!
You may already be thinking, “I don’t plan to have a sole proprietorship… I’m convinced that I need to
form an entity.” But when will you take action? If you wait 30 days or longer, do you realize the negative impact
that may have on your business? Although it’s not impossible for a lawsuit to pop up in that short period, a
MUCH bigger (and disturbingly common) mistake lurks at this important business start-up phase…

Using your personal credit cards to finance the start-up of your business is the most widespread mistake
made. Added to the folly of operating as a sole proprietorship with a “let’s see how we do first before we
incorporate” mentality, it’s a recipe for disaster. Here’s why:

Financing your business with your personal credit (credit cards, home equity line of credit, etc.)
negatively affects your “revolving debt ratio.” That ratio is a major factor in your new corporation or LLC’s ability
to obtain a business credit card at the start,,, and later, a business line of credit.

Why is this so important? The number one reason business owners fail, especially during the first six
months, is lack of cash flow. That’s when the folly of overestimating revenue and underestimating expenses
rears its ugly head. And for most small business owners, that behavior is as predictable as the sun.

FAST BUSINESS CREDIT is one of the few, if not the only company that literally “Cracked the Bank’s
Code” on business lines of credit for you. We spent more than four months going back and forth with a major
bank to figure out exactly how they make their decisions as to who gets those valuable lines of credit, how
much… and who does not.

Factors such as the “liquid credit score,” the risk category of your business, gross revenues, your
personal credit score, derogatories, and your revolving debt are all taken into consideration.

Here’s the bottom line: If you’re starting your business by nearly or completely maxing out your credit
cards, the bank will ignore you. Even with a 700 personal credit score, if your revolving debt is close to 90%
maxed out, that sends the bank a very clear message that you cannot manage your personal debt. Why give
you money to start a business? Basically, you’re on your own financially.

Don’t be misled by TV or Internet ads about “corporate credit,” either. Usually, they refer to “trade lines
of credit,” which doesn’t give you actual cash for you to use in your business as you choose. Now, if you’re
building homes or have more than 30 employees, developing trade credit can be important --- but it’s still not
cash. You can’t use trade credit to make payroll, nor to spend on pay-for-click advertising or any of the many
other strategies you need to start quickly and gain that all-important competitive edge.

Want a simple solution?

1. STOP using YOUR PERSONAL CREDIT CARDS ASAP!
2. Incorporate or form an LLC
3. Open a BUSINESS CREDIT CARD and use that ONLY for your business expenses. Yes, it
is personally guaranteed, but it will NOT negatively impact your personal revolving debt
ratio.

That’s key advice as your business gets started. Remember, when your corporation or LLC applies for
a business line of credit, half of the bank’s formula in determining eligibility is your personal credit score --- and
most importantly, the revolving debt ratio.


Sole Proprietorships Are 300% More Likely To Be Audited
By The IRS Even By Las Vegas Standards, Those Are
Incredible Odds!

Fact: Sole proprietorships are currently being targeted by the IRS. Why? In a self-audit last year,
the IRS discovered a $300 billion tax gap --- meaning that more than $300 billion-worth of taxes go unpaid
annually. They concluded that the biggest offenders were not large corporations, but rather small business
owners who owed somewhere around 70% of that $300 billion. Of that group, 1/3 were sole proprietorships.
You can bet the IRS isn’t going to ignore that low-hanging fruit! In fact, you are 300% more likely to be audited if
you file a Schedule C.

Is Your Business a Hobby, or a Business?
Most people enjoy a hobby --- golf, tennis, cooking --- and while they’ll spend money on those activities,
they’re not a business. Yet when most people join a business opportunity or start a business, though they don’t
consider it a hobby, that’s often actually what they create because they don’t know the rules of the game.

But they have a problem: The IRS is getting much tougher on this subject. The number one reason
the IRS goes after business owners is the failure to use proper analytical records. You’d be well advised to use
software like QuickBooks® to determine how your business is really operating --- to update your gross revenue,
cost of goods sold, and income.

The biggest mistake we see new business owners make is using their online bank balance as their only
business financial barometer. First, that’s the wrong way to make financial decisions. Second, it sends the IRS
a very clear message: you are NOT serious about your business. This single mistake may cause the IRS to
consider your business as a hobby. If they do, you cannot write off your hobby’s losses against your earned
income --- and that kills one of the biggest reasons to start a business in the first place.


67% Of All U.S. Businesses Operate As
Sole Proprietorships…
If Your Clients Are Business Owners, How Do You
Protect Yourself?
If everything we’ve told you is true (and it is), how do you keep your own business safe? To understand
the mindset, consider these three simple, yet costly myths:

 Myth #1: Sole proprietorships are simple --- the easiest business structure to operate.
As you know by now, the worst choice is to operate as a sole proprietorship. Unfortunately,
simplicity and asset protection are “inversely related,” meaning the more protection you
have, the more complex your situation may become. I know that does not resonate with
many of you. But your goal is to accumulate profit and assets, and the more assets you
accumulate, the more you must protect them.

The good news is that you need not go it alone. The key is to strategize with a knowledgeable,
experienced advisor to come up with your optimal protection plan. After all, you need to stay focused on
adding value and profit to your new venture, not to become an expert on business start-up methods.
You should only have to do that once --- but do it right.

 Myth #2: Most start-up business owners cover only one component of the big
picture by getting tax advice from their professionals. But there’s more. Could you
benefit by having a separate legal entity to help save on taxes? Which entity is best for
your venture? As you know now, there are many elements to consider.

 Myth #3: I’m a good person, and I have insurance. Why would anyone sue me?
That’s admirable, but that’s not how the game is played. Desperate people don’t care if
you’re a “good person.” If you have money --- or the perception of money --- you’re a
potential target!

Don’t bury your head in the sand. Now that you’re aware of the pitfalls, take action yourself ---
and arm your clients as well --- with the tools and information to be successful. After all, it’s in YOUR
best interest to make sure your clients prosper! How do you make that happen? Call FAST BUSINESS
CREDIT and ask for more information on how we can help your clients and your business!

We touched briefly on the question of insurance just now. Let’s go a little deeper…


Insurance Is Not A Fool-Proof Safety Net
Even though many professionals tell you that you’re protected by insurance, you can still spend a lot of
money defending a lawsuit without ever having a claim against your insurance policy.

But what if a claim is made? Insurance may provide some level of protection – but worst case, that
protection may be only as good as the legal representation you can afford. (I can’t tell you how many clients
have found that their insurance companies weren’t nearly as friendly when they filed a claim as they were when
they first signed up!)

True, you can get Errors and Omissions insurance (or “E&O”), business liability, and even officers’ and
directors’ insurance --- and again, a good policy should provide some protection. But NONE of those will help
you protect the corporate veil (a hugely important benefit that we’ll talk about more later.) In fact, there is NO
insurance policy in existence that can do that.

If you have a smaller insurance claim of, say, $10,000, your insurance company will usually pay it.
However, if you have a claim for $900,000… put the coffee on, because you can expect a visit from your
insurance company’s attorneys. Why? To find a loophole in your policy so they don’t have to cover you. And of
course, even if they do cover you, your rates will skyrocket – if your policy isn’t cancelled!

Additional Benefits of Incorporating

Marketing and Joint Venture Advantage
Which sounds better : “It’s the CEO of ABC, Inc on line 1 for you, Bob,” or “It’s the owner/operator
(meaning a sole prop) on line 1 for you, Bob”? As a new business owner attempting to get through a
gatekeeper, every minor advantage helps! So many miss this door-opening opportunity, even though it
could spell the difference between prospering and being out of the game in the first 90 days.

We have our own policy at FAST BUSINESS CREDIT regarding JVs. If a sole proprietorship calls
and wants to do a JV, that means one of three things:
1. They have no profits in their business.
2. They don’t believe they will succeed, so they didn’t spend the money to incorporate.
3. They have a “Let’s try it out first to see if it works, then incorporate later” mentality.
Our standard answer is, “Thanks for calling, but we’re unable to work with you right now.” Of
course, they never hear the “real reason” they were rejected. Nor will you, because now you know not to
make this mistake in the first place.

Which State is Best to Incorporate Your Business?
Oh, yes, like any other subject, there are lots of opinions, and like any subject there are exceptions to
the rule. There is not adequate room to cover every angle in this report, but let’s cover the key fundamental
points on the top four options.


Keep in mind, FAST BUSINESS CREDIT does incorporate in all 50 states. If you have a higher
tolerance for risk, you may want to consider incorporating in your home state. Either way, FAST BUSINESS
CREDIT can help you form your company and protect your assets.

The Four Most Common and Best Options:

• Nevada -The front runner. Nevada Secretary of State Ross Miller has recently (in March 2008)
announced plans to amplify Nevada’s place in the incorporating marketplace with many changes
coming in 2008. His goal is to surpass Delaware for the #1 spot!

• Delaware –The long time stand by, and the most popular, especially for the large East Coast law
firms. Going public? Delaware may be your best option (although do not count Nevada out.)

• Wyoming - The new kid on the block, with slight benefits, but most are irrelevant to legitimate
entrepreneurs overall.

• Your Home State –simple, easy, least thought-involved choice --- the biggest default selection.

The “Safe” and “Simple” Choice…
Your Home State

This may be the best choice for some, especially if you’re operating with a low budget, and particularly if
you’re still equivocating: “I’m not even sure if my business will work.” Your absolute worst option is to operate as
a sole proprietorship, so at the very least you should establish a separate legal entity.

Keep in mind that “simple” and “asset protection” are inversely related. That means if you want more
protection for your current and future net worth, keeping it simple (meaning using your home state because it
costs less) and/or not having separate entities for separate assets are recipes for disaster, and much more
expensive than doing it correctly from the start! The more financial success you enjoy, the more complex your
structure should be to protect them. The key here is to outsource these services to a company that can make it
easy for you.


But Wait….Planning to Move Out of Your State in the Next
Few Years?
Then your best “pivot point” is Nevada. Here’s why:
Imagine you live in and have incorporated your business in California. An unexpected opportunity
arises, and a year later you move to Florida. California has an annual franchise tax fee ($800 at a minimum.)
Florida does not. Do you want California to be your state of domicile, and now have to foreign register into
Florida?
In this case, there’s no advantage to being linked to California. So do you dissolve the California
corporation and form a new one in Florida? That strategy means you’d lose 1-2 years of track record, which is
very important when it comes to establishing business lines of credit.
If you anticipate even a possible change of circumstances in the next 2-3 years, the best approach is to
incorporate or form your LLC in a state like Nevada and foreign register from the start.

Start Your New Business With The Wrong Entity,
And If You’re Audited Five Years From Now,
You Could Lose All Your Profits!
Unfortunately, most books on the subject of “Which entity is best for you” describe only the general
pluses and minuses of sole proprietorships, S- and C-Corporations, LLCs, and limited partnerships. What these
books DO NOT do is help you figure out which entity is best for your particular situation — and why.

We once had a New York client in the pest control business who decided on his own that he wanted to
form a C-Corporation. We advised against it, but the client insisted. His accountant was very upset with him
two years later when he decided to sell his business, because he should have had (as we had advised) a flow-
through entity – and he paid the price. Moral of the story: a little knowledge can be a dangerous thing.

He’s not alone. Many people get incomplete advice from attorneys, accountants and well-meaning
friends who just didn’t understand their “big picture.”

We often get clients who have already formed their first corporation with their attorney’s help, and now
want to form a second or third. When we ask them what kind of corporation (S-corp or C-corp) the first is, their
answer is, “I don’t know.” We ask, “Well, what was the benefit of using that type of corporation?” And they’ll say
again, “I don’t know.” It’s obvious that they’d never grasped the implications (or importance) of their decision.

In fact, one client came to us for help in forming his second corporation, having learned a hard lesson
the first time around. After cooking up a great name for his new corporation (and that’s as far as he’d gotten),
he left a message for his attorney asking what type of corporation he should use. Three weeks later he received
a bill for $3,200, with the news that his attorney had formed an LLC for him – with absolutely no input about this
poor man’s situation, his needs, or the future of his new entity.

FAST BUSINESS CREDIT prides itself on the individual attention we give each and every client,
ensuring that they are fully “armed” and ready to make that vital decision. We understand the ins and outs of
each type of entity, and even more importantly, make sure that you do, too – BEFORE you make that crucial
decision.

Here’s just a brief overview of the benefits and differences between entity types: (Bear in mind that this
is a general summary. The details of your situation may bring other nuances to light - call us at
1-877-515-0505, and we’ll go over everything with you.)


What’s the Most Common Reason for
Business Failure?

The Business Owner Runs Out of Cash!

Let me Ask You This Question…
Could Your Business Use a Business Line of Credit

Would That Cash Infusion Provide the Marketing
Dollars to Propel Your Business to the Next Level?

FAST BUSINESS CREDIT
HAS THE SOLUTION!
“The Insider Secrets of Business Credit”
When you become an FAST BUSINESS CREDIT client, you’ll learn
how your business can profit with a business credit card, business
line of credit or business loan and know Exactly what the criteria are!
Finally I can expose the “insider banking secrets” about how your business can get cash --- real lines of
credit, NOT vendor credit --- to expand your success! This is a skill that must be mastered in order to maximize
your company’s ability to survive and thrive through the rough times.


When You Become a Client of FAST BUSINESS
CREDIT You’ll Learn:

• The difference between personal and business credit (Both are very important, but have very
different requirements.)
• Personal credit score targets and score factors that you should evaluate Even a high personal
score may not necessarily qualify you for credit.
• How your business’ gross revenue comes into play (How is that formula affected if you’re still in
your first year of business?)
• How the LSC score affects your ability to get lines of credit What is the minimum LSC score
required by the bank?
• How your personal credit score influences the bank’s decision to give you a line of credit
• Requirement differences between a business credit card, a business line of credit and a business
loan
• Which credit agencies the banks use to evaluate your business (It is not what you think!)
• The magic dollar amount that you MUST be under when applying for a business line of credit!
• The time frame for receiving your line of credit
• What are your options if you do not qualify?
• Plus, you’ll learn all about FAST BUSINESS CREDIT ’s turnkey services and steps to maximize the
money you receive to market your business!
• And much, much, more….

Never before has the entire picture been presented in one place, all at one time. You may have heard bits and
pieces, but this is the inside track to what the bank requires before you get a dime!

Imagine, having access to these insider secrets, only through FAST BUSINESS CREDIT , what this may do to
help keep your business off the ground and off to the launching pad to business success!


Secret #4: Merchant Account Cash Advances!
The Hottest Source of Lending Today!
Does Your Business Have VISA/MASTER CARD Sales Every
Month? If so, this May be Your Solution!

The New Kid on the Block: Merchant
Account Cash Advance Lending.

Here are the Facts:

-Banks turn down 7 out of 10 small business applications.
Banks focus almost exclusively on the entrepreneur's credit
rating.
Instead of credit scores, this program focuses on cash flow
generated by credit card transactions!
Credit scores look at the struggle of the business and cash flow
you look at the success of a business!
For the first time in about 17 years, the American public can’t simply
overspend, overcharge their credit cards then go refinance their house in 3
years from now and get back to zero and start over again.


Secret #5: What is Merchant Account Cash Advance
Lending?

Merchant account cash advance lending purchases people’s future
Visa/MasterCard receipts at a discount. They are paid back by deducting a
fixed percentage of the merchant’s daily Visa/MasterCard credit card sales
from the processor. In essence, there isn’t a fixed payment on the merchant
and they come to an agreed amount of percentage that they are going to take
back from the merchant.

Secret #6: How Does Merchant Account Cash
Advance Lending Really Work?
You must work with the right company
when utilizing a merchant account cash advance!
On a good month, the money is paid back a little bit faster. But in a slower
month, it will be paid back a little bit slower.

You will be required to switch to a designated credit card processor prior to
being funded. This is for the benefit of the customer, because when lending
money out and buying people’s receivables, a very important part is how fast
can the money get to the customer when they’re doing their business again?

There is an additional delay by setting up a lockbox, which can be done in
some circumstances if somebody’s tied to it, but the faster I can get the
money, the less money I have to give that merchant to have the same impact
on their business. If there is 3-day delay on somebody and they have
$100,000, I could have given that same merchant $90,000 and would have the
same impact on their company.

Merchants who submit the merchant information form, the last 12 months of
credit card statements can be approved and funded in 5 to 7 business days.

The automatic repayment method of the merchant’s daily Visa/Master Card
receipts really streamlines the repayment process. It really assists in those
bad months.


Secret #7: The Funding Factor and Remit Rate
Secrets!
On a $10,000 advance, the merchant’s going to pay back somewhere in the
neighborhood of $13,000 to $13,500 over approximately 7 months.

That’s a 1.35 funding factor. That was a standard. That’s a factor that we
stand by. 1.35 funding factor with a 20% remit. A remit is the percentage that
we’re taking back out of the credit card processing.
If that merchant does $100 in credit card transactions a day, $20 is going
to come to Discount Merchant Funding, $80 is going to go to that merchant.

What this means is on the daily Visa/MasterCard credit card processing that
the merchant batches out for the day.

Cash Advance Ratio:
Ranges from 1.12 to 1.48.
1.12 means, you get a cash advance of $100K, you will pay back $112K.
1.48 means, you get a cash advance of $100K, you will pay back $148K!

Remit Rate:
Daily pay back rate. A percentage of VISA and
Master Card Sales (not AMX).
Ranges from 15-25%.
If you average $10,000 per day @ 15% pay back $1,500 per day, if 25% you pay back
$2,500 per day.

Key to consider: Your ratio of credit card sales to cash sales.
If 90% or more of your revenue is from credit cards, you will want a
lower REMIT RATE.

If only 50% of your revenue is from credit card sales, you can
withstand a higher REMIT RATE.

Average about 6-9 months to pay back this advance.


Secret #8: What is the Difference Between a Loan
and an Advance?
This isn’t a loan. It’s definitively a purchase of the future credit card swipes.
The interest rate, it’s not really an interest rate; it’s a set factor.

If I loan somebody $100,000 and they take 3 years to pay me back, that’s still
paying me the same amount of money back. On the flipside, if they have a
tremendous month and they pay off a 7-month factor in 3 months, I’m
obviously making more money. I’m making more money faster.

In a merchant account cash advance, the company providing the advance is
actually purchasing, at a set price, their credit card receivables. If somebody
says, “I’m going to do $100,000 next month,” and I give them $80,000 for that
$100,000 worth of credit card receivables, I’m paying 80¢ on the dollar for the
money today.
Do we want you to become an FAST BUSINESS CREDIT client? Absolutely! For all the other reasons
mentioned already, the bottom line is that we know we work harder than any other company to bring you the
best of the best, getting your business off to a fast start! In fact, we are so dedicated to convincing you that you
will be in good hands, we are willing to do what ever it takes…so therefore read our “ethical bribe” to you!

Secret #17: Are You Losing Joint Ventures?
What are some of the situations that people don’t realize, that if some people are doing business with
you or joint ventures, or in the area of government contracts or even any kind of bidding, they actually may
check out your Dun and Bradstreet score in your company. That may be a deciding factor if they do business or
joint venture or recommend you.

The Real Importance of Your Dun & Bradstreet Credit Profile!

It used to be, before the current credit crisis, that 100 people would go into a bank to get a business
loan, and probably 90 of them would get turned down for a straight business loan. They would steer them into
something else, a second on their house, equipment leasing, a personal loan, something else. And 10 out of
100 would get a business loan.

That was before the credit crisis. The banks didn’t tell you that we’re going to pull your Dun and
Bradstreet credit profile and take a look at that. Now, you take the same 100 people that go in, probably 100
are going to get turned down, rather than 90.

It was bad before. Government statistics show that it was bad for a straight business loan and credit
lines before. But it’s gotten worse, the last year especially.

It’s even more important now, if they’re going to pull that credit profile. You could have gone in 3 years
ago, even if you didn’t have a full credit profile, and got $15,000, $20,000 if you had decent personal credit.


That isn’t the case anymore. The banks will pull that credit profile. If it doesn’t exist, they’re going to turn
you down.

Like I say, the statistics were high before. It’s almost 100% now. If you have that credit profile there
and it’s deep enough and it’s set up and you have the ratings and the scores, then you can get the lines of
credit. But very, very few people that are going to go into a bank are going to have that in place!

Secret #18: How You Can Destroy Your D & B File By
Checking it Yourself!
Can you go to Dun and Bradstreet and check out your own profile to see if there even is one?

Yes, you can. But here’s the problem, if you go to Dun and Bradstreet too early and set up a credit
profile, if you pay to have them set up a credit profile, they’ll give you a number and they’ll give you access
where you can log in to see if you have a credit profile. Now you’re not going to have one if you don’t know you
have one, so you don’t need to see that.

But they’ll say, “Okay,” depending on what package you get from them, anywhere from free to $300,
$700, “we’ll build a credit profile for you.” They really won’t do it. They’ll just get a number for you and they’ll
see if there are any vendors out there that will report.

Then when they start to check your corporate compliance, if everything isn’t in order, they’ll red flag you
or they’ll put comments in your file. “Secretary of State lists this person as a CEO. This person from the
company listed somebody different as its CEO.” They’ll start putting things on there, negative information.

Odds Are You will Red Flagged (Fried) Your D & B File,
Even with D & B’s Own Program!
You can access it. But we caution people, don’t go to Dun and Bradstreet and start anything until
you’re in corporate compliance and everything is verifiable, or you’re going to start getting negative
information put on. It’s almost impossible to get any of that changed or taken off.

Secret #19: Costly Mistakes Made with Your
Business Credit Profile!
What are some of the other mistakes business owners make if they were going to do it themselves, in regards to
a business license, phone number, and some of those things that they don’t know about?

If you’re not listed in 411, then that business number is unverifiable. A lot of people we deal with say
they don’t have to be listed in 411. They don’t need that.

If you’re not listed in 411, if your address on your business license is different than the address with the
Secretary of State, if your officers don’t match what they call the company representative and ask them who
those officers are. Sometimes if you don’t have a website, they’ll note that.

Business ownership, if they have more than one answer to a question come from either businesses, a
licensing department, state, company representative, or public information, a negative comment will be put on
that credit file. There’s a number of things that people can do before they go to Dun and Bradstreet, to make
sure that they’re in corporate compliance and a number of things that they can do not properly that will get a
negative comment put on that file.


Secret #22: How Banks use Your D & B File to Evaluate Your
Business for a Loan.
With today’s current credit crisis, when the banks or credit card companies pull that and take a look at it,
it’s critical. If you don’t have a file, they’re not going to give you anything.

Let me just make one thing clear. Even if they pull it and you have an 80 Paydex score and no late
payments, that isn’t the end-all. That doesn’t necessarily mean everything, because you might have 4 people
reporting with lines of $200. You’ve got an $800 total aggregate of credit. It’s a real light credit profile.

It’s more than just having the Dun and Bradstreet number. It’s more than just having the score. It’s
what’s in that credit file. There are different tiers of credit that you want to develop so your credit file is not too
light.

Secret #25: Corporate Experian® Vs. Dun & Bradstreet!
Most banks are reporting to Corporate Experian®.

There isn’t a big difference between Corporate Experian® and Dun and Bradstreet. It’s much like
what’s the difference between personal Experian®® and TransUnion and Equifax. They’re just 3 different
agencies that are collecting the same information.

They may have slight differences. The scores may be slightly different. But it’s basically the same
person, the same credit profile, and 3 different agencies that are scoring it.

That’s kind of the same with Dun and Bradstreet and Corporate Experian®. They’re 2 different
companies that are trying to report on the same thing.

Now, different vendors, different industries are focusing on one or the other, which doesn’t happen in
the personal credit world. Banks now are typically reporting to the Corporate Experian®, and credit cards
are typically reported to the Corporate Experian®. Vendors and businesses are reporting to Dun and
Bradstreet. Those are a few of the differences.

Secret #28: Does a Two-Year-Old Shelf Corporation Help Me Establish
More Business Credit?

In the past, it was suggested to people who were brand new in business that if they wanted large lines
from banks or from credit cards and they were brand new, didn’t have any history, that the get a shelf
corporation. That was a possibility.

Many people in the past have purchased a shelf corporation that has at least 2 years, and that was the
key. You didn’t need to go purchase a 5-year, because a 5-year will cost more than a 2-year. The key was 2
years. That’s what the bank looked for.

The reason that was is, last year and the years previous to that, the banks simply would go to the
Secretary of State and see the incorporation date of that corporation. That’s the only criteria that they used to


establish the age of that corporation. If you bought a corporation that has been sitting on the shelf for 2 years,
they considered you 2 years old.

Nowadays, the banks may do that to consider the age of the corporation, but they’re also going to ask
for a tax return or a business license or something that shows that you’ve been in business 2 years, if
you’re saying you’ve been in business.

Because of this it is not recommended to spend the money to go purchase a shelf corporation for credit-
building purposes.

Now there may be some other things that your accountant or attorney may tell you that you may want
one for. But for credit-building purposes, unless you can provide documentation to go along with that 2-year
corporation, it is not necessary to spend the money on a shelf corporation.

Secret #31: Starting Your Business as a Sole Proprietorship will Prevent
Your Business from Accessing Maximum Capital!
Over 70% of all small business owners still operate as a sole proprietorship. The problem with sole
proprietors is they self-finance their business through their personal credit cards. And unfortunately, the
accounting world is telling those people, “You don’t make enough profit to incorporate. Therefore, stay a sole
proprietorship and keep it simple.”

But it really shoots you in the foot when it comes to financing later on. I’d rather see people
incorporate as soon as they get started, stop using your personal credit cards, get the business credit cards, and
start using that and protect your revolving debt and keep it as low as possible.


What Does George Ross Say About
When to Obtain Financing from Banks?
“The time to borrow money from the bank is
when you do not need it!”

-- George Ross, attorney and key negotiator for Donald
Trump!

CEO, Scott Letourneau
and George Ross

Secret #34: Will Bankruptcy Hinder my Ability to Get a Cash
Loan or Line of Credit? Introducing the Tax ID Number Only
Credit Card!
Unfortunately, yes, for the large cash lines. If you have a bankruptcy or a lot of negative information on
your personal credit file, the banks probably will disqualify you and we’ll have to go the other routes.

It depends on how old the bankruptcy is. If it’s over 2 years, some business credit builder programs will
have some options. If it’s fairly new, you are looking at maximizing your vendor credit options first, and then
after a few months look to the EIN Only business credit card, where they don’t look at the personal credit at all.
You may be able to obtain 2-3 of the EIN only business credit cards only. Those are not large cash lines of
credit, but for most businesses these amount of extra capital properly invested into marketing tools can really
jump start a business!

The levels for the EIN only business credit cards are around $5,000 to $10,000. If you got all 3, you’re
only looking at between $15,000 and $20,000 max. But that’s more than what anybody is going to be able to
get if they have a bankruptcy and a 500 FICO score anywhere else, and it’s a place to start.


Secret #36: Does a Home Based Business Owner Need
Vendor Credit?
There are over 50,000,000 home based business owners in the U.S. Most of them have a very low
overhead business, with no employees working in a home office. Since, they do not have an office with office
supplies and employees there needs for vendor lines of credit are much lower. Typically, a home based
business owner does not need a $50,000 line of trade credit at home depot. They do need cash.

Although, it is very important for them to develop the vendor credit and D&B profile; not necessarily
that they need vendor credit, but to build up their credit score and to build up their rating with Dun and
Bradstreet. Because that, as a worst-case scenario, will allow them to get access to some cash and credit
cards.

Secret #37: Is Your Current Corporation or LLC “Fried” from a
Credit Prospective?
As the saying goes, when you go it on your own, you are on your own! This is the big concern when you
build your business credit profile on your own, even with D & B’s business credit builder services online.
Mistakes happen often in the compliance section which end up causing those serious about developing a
business credit profile to have to form a new company!

By law, Dun and Bradstreet, it’s a business, not a government agency. By law, they don’t have to
remove anything. Many times, they don’t.
Sometimes they will, if it can be proved and you get somebody that’s good to work with there, they’ll take a
couple things off.

The cost of a corporation would be less than trying to go to court. You may win, I don’t know. You may
go to court and win and they would clean everything up. You spend $15,000, $20,000, and you get it all cleaned
up. But for a tenth of that, you can get a new corporation.

Secret #40: Stop Using Your Personal Credit Cards to Finance
your Business!
The big problem is that if you operate that way you will jack up your personal revolving debt and
when it comes time to form an LLC or corporation for your business, and you apply for a simple business credit
card (not debit) in the name of your new entity, 95% of the formula is your personal credit score and your
revolving debt!

The number one reason that most business owners got rejected from even a simple business credit
card was their personal revolving debt was too high! That includes if you have a HELOC (home equity line of
credit, which is like a big credit card on steroids).


Secret #45: How is it Possible that Your Credit Score could be
40-50 Points Higher Between Credit Agencies?
The algorithms that the credit scoring agencies use is the same algorithms. The distinction is what data gets
reported. Some banks might just report data to Experian®. They don’t put in the labor to report to Equifax and
Transunion.

Well, guess what? If you apply for a credit card at the bank and they only report to Experian®, and that
revolving debt shows up at Experian® but not at Equifax, that may be the reason your score is higher at Equifax
and lower at Experian®.

Now, if your bank uses Equifax, in my example that may be to your benefit.

You’ve really got to know what you’re getting yourself into. And if they don’t know, just ask them to ask their
underwriters to please find out and call you back.

How Many Ways Could Cash/Credit Like This
Help Your Business?

Trade Credit - $40,000 (Based on Business score only)
Credit Cards (tax id only!) - $25,000 (Based on Business score only)
Equipment Lease - $100,000 (When qualified - 600+ FICO)
Small Business Loan - $25,000 (When qualified - 600+ FICO)
Unsecured Business Loan - $25,000 (When qualified - 660+ FICO)
Business Credit Cards - $30,000 (When qualified - 660+FICO)
Bank lines of Credit - $40,000 - $100,000 (When qualified - 680+FICO)

Estimated Total - $150,000 - $250,000
Guaranteed minimum of $150,000 or your money back!

That Cash/Vendor Credit Infusion can Provide the Marketing Dollars to
Propel Your Business to the Next Level
(and Survive the “Credit Tsunami.”)

Learn How To Separate Your
Personal Credit
From Your Business Credit!


Here's How To Obtain Unsecured Business Lines Of Credit, GUARANTEED...
Or Your Money Back!"

Introducing... The Ultimate Business Credit Builder
This program is the foundation to an advanced level of business credit building. The Business Credit
Builder will help you establish your business credit and set it up so you can obtain lines of credit from the bank.
This foundation will consist of helping you with establishing trade or vendor credit, building the Paydex (from
Dun and Bradstreet) to 80 and then applying for business credit cards that are based on the TAX ID ONLY and
not your social security number! You will have a personal business credit coach to guide you through the entire
process.

With This Proven System, You Can Get the Cash Lines
of Credit You Need Now to Finance the Launch,
Operation, and Growth of Your Business

The entire purpose of the Business Credit Builder Program is to build the foundational level of business
credit and to give you some cash to repair your personal credit if needed. Once your personal credit is above
680, the foundational level of your business is already in place and we can move onto the next steps in the
Business Credit Builder Program where we can obtain a combination of trade credit, credit cards and bank lines
of credit!

Why You Should ALWAYS Separate Your Personal Credit
From Your Business Credit

Having credit established for a business is key to its success. Throughout the history of a company the
need for credit will most likely arise. Establishing the business’s credit should be started before the company
needs it. No lending institution wants to lend money to a business in need of cash flow. The business can start
out using the owner’s or officer’s credit to gain approvals under the business name, but as the business gets
grows it should start to establish it’s own credit history and credit profile in order to take on business credit of it’s
own. This is possible with a Corporation or Limited Liability Company (LLC) using the corporation tax
identification number.

Could You Use a Business Line of Credit
In our most recent breakthrough, FAST BUSINESS CREDIT has UNLOCKED the BANK’S CODE to
obtaining Lines of Credit (REAL CASH) for your business! As an FAST BUSINESS CREDIT client you’ll learn
these valuable secrets, get capital when you need it, and avoid the number one reason for all new business’
failure: lack of cash flow. We don’t want to see you become just another statistic --- one of the 80-99% that
fail in the first five years! In fact, that cash infusion can provide the marketing dollars to propel your business
to the next level.


What are the Two Reasons Business Owners Should Try NOT to use their Personal
Guarantee on Business Credit?

When officers and owners use their own personal credit profiles to obtain credit for the business, they
risk the chance of lowering their own personal credit scores. There are two reasons business owners should try
not to use their personal guarantee on business credit. First, the individual signer is liable if the business cannot
make the payments and second the credit obtained for the business can affect the person’s personal credit
score.

Keep in mind, your personal credit score is based on several factors, including: available credit, the
amount of available credit used, late payments, and much more.

Special Alert Bulletin for Entrepreneurs and Business Owners Who
Need Business Financing …

The 8 Questions You Must Ask Before Working With Any
Business Credit Building Company!

There are not many business credit building companies out there, however, those that are out there are
taking advantage of the lack of knowledge from the general public regarding business credit…don’t let them rip
you off!

Find out inside – and also discover how to get unlimited cash financing for your business and
investments … WITHOUT Risking Your Personal Assets, Lowering Your Personal Credit Score, or Damaging
Your Personal Credit History

Question #1: "Will I be obtaining only trade credit or CASH credit?"
Be careful, there are a number of companies out there that will only help you obtain trade credit. Trade
credit can only be used with the individual creditor, and no where else. This is great if you need $3000 of paper
products, but is useless if you need money to invest, cover business expenses or expand your company.

And if it is CASH credit, will I always need to personally guarantee the application?"

If the company says you will always have to personally guarantee whatever kind of credit you receive --
then you are NOT getting the kind of service you deserve.

Question #2: "Will you show me, step by step, how to incorporate my
business and build c-a-s-h corporate credit to the corporation?"
My guess is that if you wanted to figure out the intricacies of incorporating and building corporate credit
on your own ... you would have done it already. (I've done it. And believe me ... this is NOT stuff you want to
muddle through on your own.)

If you won't be receiving step-by-step instructions for following that prescribed process, call another
company. (Like Fast Business Credit -- "The Ultimate Business Credit Builder " spells out each step in our
proven system for securing cash lines of credit without personal guarantee in crystal clear detail.)


Question #3: "If I get stuck while I'm taking all those necessary steps, will
I have to pay you hundreds or even thousands to help me figure it out?"

Many companies charge low fees up front and continue to tack on heavy, additional charges
each time you call or write for help. Not Fast Business Credit. "The Ultimate Business Credit
Builder" delivers everything you need to know to secure cash lines of credit without a
personal guarantee -- for a flat fee.

Question #4: "How do I use corporate credit to help me start or
grow my business?"
If they can't answer that question ... if they can't explain how your personal credit history can
permanently damage your business goals if you don't take the right precautions, then you better find another
resource.

"The Ultimate Business Credit Builder" shows you how to secure the corporate credit you need to
finance the launch, operation and growth of your company. And while you're doing it ... to bulletproof your
personal assets and safeguard your personal credit and credit history.

Question #5: When companies promise to get you cash Credit, ask them
this pointed question: "What type of paperwork is required to get cash
lines of credit?"
Beware of companies that require you to furnish financial statements, tax returns, business plans, bank
statements, etc. Typically, these requests for documentation are a ploy to sell you additional services. "Don't
have a business plan? No problem -- we can write one for you ... for a small fee, of course!"

The answer you're looking for is "We can help you get credit of any kind -- cash included, without hurting
your personal credit file. And you don't have to waste your time and money providing unnecessary paperwork
either!"

If that's not the answer you get, give us a call! Fast Business Credit has been helping real estate
investors, stock and other investors, entrepreneurs and small-business owners from a wide variety of industries
all over the U.S. qualify for the lines of credit their businesses need.

Question #6: "Will you show me how to invest my corporate credit to make
hundreds of thousands in profits?"
There is only one good answer to this question: "Yes, we can ... and it's all covered in our up-front fees!"

If that's not the answer you get from the company helping you build your corporate credit, give Fast Business
Credit a call at 1-888-313-6333.


Question #7: “How will you be helping me build my business credit?”
If the answer is you will be receiving a great book, program, cd, guide, course, etc. that shows you
exactly what to do…then hang up!

When it comes to building your business credit you can not rely on a simple book
to answer your questions. There is simply too many situations that a book can not cover them all, beside that,
the lending industry is constantly changing. The lenders we use this month will probably not be the ones we use
in 6 months.

You need to make sure you have a personal credit coach that walks you through
the process and is there to answer all of your specific questions.

Question #8: "Does your system for obtaining cash lines of credit come
with a full money-back guarantee?"
It's critical to get the specifics about money-back guarantees. Because most companies that offer
"money back" guarantees promise only that your corporation will get a 80+ Paydex score -- or they'll refund your
money. While this is a start, it's not good enough -- because there's no guarantee about how much c-a-s-h you
will get.

That's why we offer an unmatched guarantee: if you do not secure a cash line of credit, we will refund
your entire investment in this program.

This is not, by any means, a comprehensive list of all the questions entrepreneurs should ask when it
comes to building corporate credit. But if you address these costly and dangerous errors, you will be on your
way to building a safe, secure, and financially sound business—the business you always dreamed of!

FAST BUSINESS CREDIT shows entrepreneurs and business owners how to get at least $30,000 –
$100,000 and up – in cash to finance their businesses … while bullet-proofing their assets, slashing their taxes,
and safeguarding their personal credit history and score. FBC’s groundbreaking, The Ultimate Business Credit
Builder Program, is a proven, step-by-step program for separating personal credit from corporate credit, building
your corporate credit, and obtaining cash lines of credit!


What are others saying about FAST BUSINESS CREDIT?

"I recently interviewed Scott Letourneau on the Shared Vision Masters Teleseries and he was
outstanding. If you are an entrepreneur and want to know the secrets of business financing,
then by all means connect with Scott. I have recommended him to my close associated and I
recommend him to you."

Kenneth D. Foster
CEO - Shared Vision Network
Author - Ask and You Will Succeed

"Dear Scott,

Thank you for speaking at our organization. Your presentation was insightful, energetic, and
engaging. I can't tell you how many times I was stunned by some of the information you gave.
My jaw literally dropped! your presentation, without any sales "pitchiness", is a call to action
for business owners who are serious about being successful in their business."

"In your presentation our members received a college education in 45 minutes that will save
them thousands of dollars or maybe even millions of dollars in the future. One of our
members who heard you presentation told me afterward that she wished she knew this
before she gave her business to her children. It would have not only saved her over half a
million dollars in legal fees, but it would have saved her family from the destructive lawsuits
that tore them apart. Your information is essential for anyone running a family business!"

"Thank you so much!"

Gina Robinson-Billups
Moms in Business Network
The International Association of Working Mothers


"Hi Scott!"

"I wanted to thank you once again for under-promising and over-delivering with the great
teleseminar you did for our Internet Marketing students. They were particularly impressed
with the information you gave them on ways of building and securing corporate credit,
especially in these precarious times. As you know, I am a firm believer in being sure people
are set up in their business entities from the beginning, before they open the doors, and I
want to thank you for driving that point home as well."

"Again, you under-promised and over-delivered when you gave them the extra hour of
instruction. I believe that showed your commitment to helping create excellent businesses
and business relationships from the beginning."

"Thank you again for helping us jump-start the www.IMDTraining.com students."

"To all our success!"

Cyndi Parker CEO
IMDTraining.com
EasyPushButtonTraffic.com

"I've worked with thousands of business owners as a CPA and now as an Attorney helping
them pay less in taxesand to properly protect their estate."

"Unfortunately 80% of business owners fail in the first 3 years, due to a lack of cash flow. If
those 80% listened to Scott's CD's about how banks lend money and how to gain access to
more cash, they would have been in a much better position to service! Unfortunately, no one
teaches the business owner the process on how banks lend money, except for Scott!"

"His system is a must!"

Joseph J. Dadich,
CPA, Esq., L.L.M


Take the Next Step to Secure Business Trade and
Cash Lines of Credit for Your Company!!
No doubt the previous pages have stimulated your thinking and made you aware of aspects of your own
company in new ways. As well you should be – the decision to build business credit is an important step for you
to take, and one that will establish the basis for the security, prosperity and resilience of your company and your
future.

As such, we invite you to call us if you have any questions. Our consultations are free,
comprehensive, and essential to ensure that you have a firm grasp on all the advantages available with
your ultimate choice. We are a valuable resource for you in your business credit decisions, but of course, you
are ultimately the one who will decide what path to take. We would be very happy to count you among our
clients, but that decision is yours as well.

We understand very clearly that when we take good care of you, you are likely to do more business with
us. Jay Abraham calls this the “life time value of a new client” and we take that very seriously! Plus we really
appreciate your referrals!

Ready to Begin Right Away?

When you call, please tell our receptionist you’d like to get more information today. We take lots of
calls and respond to each one individually, but place priority on those who need help right away. If you’re
facing a contract deadline, or you’ve been presented with a time-sensitive business opportunity, let me know
so I can get to work with you quickly.

On behalf of FAST BUSINESS CREDIT, I look forward to having the opportunity to work with you.
Our mission is not just to help you get access to the cash and capital to grow your business and be in the
Top 5% that are not only in business after five years but also profitable!

Take just a moment to call us now at 1-888-313-6333


Free Guide Business Credit Insiders G Uide To Securing Cash 7 30 2009

Free Guide Business Credit Insiders G Uide To Securing Cash 7 30 2009

Recomendados

Recomendados

Mais conteúdo relacionado

Último

Último (20)

Destaque

Destaque (20)

Free Guide Business Credit Insiders G Uide To Securing Cash 7 30 2009