Blackwood, NJ (PRWEB) April 02, 2014
According to the National Federation of Independent Business (NFIB), 79% of small business owners use credit cards. Furthermore, according to the Meredith Whitney Advisory Group, 82% of small business owners use credit cards as a vital part of the small businesses overall funding strategy. So, about 4 out of every 5 small business owners are using credit cards and probably on a consistent basis to start, build, and grow the small business.
It is estimated that less than 15% of those small business owners are using credit cards the right way to get all the benefits out of them and ensure future success. This means, small business owners use the wrong credit cards, damage both personal and business credit profiles, and limit the ability to acquire additional financing in the future.
By learning the 6 Benefits of Borrowing the Right Way, small business owners will be able to:
- Access additional Capital
- Separate personal and business credit
- Achieve or maintain excellent personal credit while building business credit
- Find Cash-Flow friendly loans
- Minimize interest expenses
- Maximize tax benefits
When a small business owner properly obtains financing the small business owner will take full advantage of the 6 Benefits of Borrowing the Right Way. Therefore, small business owners who are looking to understand why borrowing the right way is vital to any small business success click here to read the full report the 6 Benefits of Borrowing the Right Way.
The INC500 company Hawkeye Management connects entrepreneurs and small business owners with up to $50,000-$150,000 or more in freely spendable business credit lines. Hawkeye Management understands the mechanics and realities of small business credit better than anyone. Hawkeye Management knows what works, what doesn’t work, and how small businesses can get the credit it needs as quickly as possible.