Hi again, Tyson here with some more breaking financial news. Seems that the credit markets are starting to loosen for businesses as well as consumers. The most recent infusion of money from the government has caused banks to open the lending faucet…. there is one catch. Right now the money is going to businesses with credit history. So for businesses with great business plans, or even partial funding from the owners, you are still out of luck if you need a loan to make it through the next few months.
The one way out of this is to get your business credit file created. The group of businesses that are able to weather this storm will all use their credit. Where will you be? On the life raft or in command of the boat?.
You owe it to yourself to make a change that will secure your business and its future.
