A Massive Credit Crisis Tsunami is Here
and Your Business is at Risk!
Learn what you must do NOW as a business owner
to get your business
in the best position
to gain access to cash and capital!
Register Today and be a part of a
Historic 90-Minute Webinar
on November 19th (before it's too late for your business)!
Here are the details for the call: Click here to Register : https://www1.gotomeeting.com/register/827654883 Host: Scott Letourneau, CEO of Nevada Corporate Planners, Inc & Fast Business Credit, Inc. |
Here are today’s headlines in the USA TODAY Money Section… What will be the ripple effect to your industry or business?
- Fannie Mae posts a record $29 billion in loss in 3Q
- The entire U.S. Auto Industry wants a bailout
- Why banks are raising credit card interest and fees
- AmEx approved to become bank holding company
- Strategies: Mr. President-elect, please remember entrepreneurs
This credit crisis is going to get much worse before it gets better…
Here is my opinion as to what will transpire (will you survive?):
- The American public for the first time in 20 years cannot just over spend
personally and refinance their house in 3-5 years to pay off the credit card debt!
- The banks are jacking up credit card interest rates even if you pay your
bills on time!
- The credit card industry will turn into the next “foreclosure crisis”.
- The American public does not know how to follow a comprehensive personal budget where they should be spending 20% less on average!
- This will “choke” off extra cash for business owners who would otherwise use personal resources to keep their businesses afloat!!
- Customers and clients will find it harder and harder to have extra cash for certain
products and services.
- Employers will continue to lay off employees at dramatic rates!!
- Business failure (which is already high) will grow dramatically!! And, lawsuits will rise!!
95% of American Entrepreneurs will ignore the writing on the wall
and get wiped out with the CREDIT TSUNAMI!
Here is the problem….
Don't Let This Happen to You
You have been forewarned!
Now you can do something about it and be ahead of the curve to have access to the right strategies to put your business in a position not only to survive with all the economic ruin around us!
This truly can be the best opportunity to grow your net worth in the next 3-5 years IF YOU TAKE ACTION and prepare youreself and your business!!
Register today for this FREE WEBINAR!
Click Here To Register:
https://www1.gotomeeting.com/register/827654883
As you may know, there are over 50,000,000 small and home-based business owners throughout the United States, and more than 500,000 new businesses starting every month!!! Not incorporated yet? Incorporate Now
A shocking 80-95% of those new businesses fail within 5 years! The number one reason for those failures is LACK OF CASH FLOW. In the past, the entrepreneur could refinance his or her home and use the equity to pay down credit card debt and free up capital to use their business.
Unfortunately, That Game is Over!
Fact: 2001-2006 consumers extracted a record $538 BILLION from their homes to pay off credit card and other non-mortgage debt! No Longer Are You Able to Refinance Your Home to Pay Down Your Credit Card Debt!
Clear your calendar for Wednesday, November 19th at 6pm PST / 9 pm EDT for probably the most valuable 90-minute webinar you’ll participate in this year. Click Here To Register:
https://www1.gotomeeting.com/register/827654883
As you probably know, entrepreneurs who start their businesses as a sole proprietorship negatively impact their ability to access capital. Many self-finance their businesses using personal credit cards. That means the sole proprietor is maximizing his or her revolving debt, which is one of the top two items that finance sources weigh when considering extending financing for that business.
A far better strategy is to incorporate or form an LLC, then use a business credit card in the business entity’s name. That debt will not affect your revolving personal debt. True, the business credit card is personally guaranteed… but remember, the debt is in the name of the entity.
Yet even a business credit card can’t cover the overall problem. With record foreclosures and tightening of the credit markets, it’s more difficult than ever before for an entrepreneur to access substantial capital in the amounts that allow expansion, and sometimes, just survival.
It’s far too easy for today’s entrepreneur to run out of money. Lack of capital, bad personal credit, no comprehensive budgeting personally (many times the real cause of the problem), justify banks’ decisions to turn down 7 out of 10 business loan applications.
So what options do entrepreneurs have to obtain capital? Where do they go? Is it possible to get all the answers in one place?
You will learn these key strategies and more in this powerful webinar!
- Merchant account cash advance lending (most will pay way too much for this money!)
- A bank business line of credit (if you don’t know
the underwriters’ secrets, you’re toast!)
- What do you do if your revolving debt is too high,
(a 50% ratio is good) barring your business from
obtaining financing? (A solution is available,
but most will never find out.)
- What is the difference between trade lines of
credit vs. cash lines of credit? Most companies
that promote these options don’t tell you the
difference until after you sign up. Most home-based
business owners do not need a $50,000 trade line of
credit at the Home Depot!
- What is the difference between D & B and Experian
Business Credit?
- Where do financial institutions
look for results?
- Where do you go for resources? (The odds that you’ll
find the best resource for financing your business
are about slim to none.)
- Do you even know the banks’ formula for granting
credit?
- Do you know the ratio between your personal
credit, revolving debt and the bank’s “liquid credit
score”?
- FYI...Most bank VPs have no idea how this formula
works! Why? These are closely guarded secrets of the
underwriters!
- What will harm your credit more, a bankruptcy, a short
sale, o ra foreclosure?
- What are the short and long term effects
on your credit? It is not what you think!
- The Solution that All Entrepreneurs Need… Access to More Capital!!
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!
Register Today and be a part of a
Historic 90-Minute Webinar
on November 19th (before it's too late for your business)!
Here are the details for the call: Click here to Register :https://www1.gotomeeting.com/register/827654883 Host: Scott Letourneau, CEO of Nevada Corporate Planners, Inc & Fast Business Credit, Inc. |
We formed Venture Planning Associates, Inc., in 1998 with the help and guidance of Scott and Nevada Corporate Planners, and we have used his services for ten years.
This is your opportunity to strategically position yourself and your business to get access to the credit to grow your business. Don’t miss this historic webinar by Scott!
Just want to the contents of this progam, at a huge discount if you attend this webinar, go here now.
Sincerely,
Bill McCready, CEO
Venture Planning Associates, Inc.
Toll Free 888-404-1212
P.S. There is no magic pill here…there are several steps your business must tke! The best news: You will be able to grow your net worth in this once in a 100 year opportunity with these strategies!
P.P.S. Hint: If you are still operating as a sole proprietorship, this program will not work for you. But never fear --- all you’ll need to do is contact NCP to form an LLC for your business!
P.P.P.S: SPACE IS LIMITED, REGISTER TODAY!!! https://www1.gotomeeting.com/register/827654883
P.P.S. You will have the answers and resources you need with this incredible, one of a kind, business credit program to get the cash your business needs to go to the next level (even in this tightened credit market)!