The Old Way Of Doing Things
Currently You Are Guaranteeing Your Business’ Financial Security!
Right now, if you wanted to get a loan for your business and you weren’t incorporated, you would have to use your personal credit.
Using personal credit for business loans is not the ideal way to invest in and expand your business.
When you’re not incorporated and use your personal credit, you have to:
- Have your personal credit in good standing
- Give personal references
- Risk personal assets in order to guarantee the loan
- Put yourself at risk, in case you’re unable to repay the loan