The Business Finance Store Discusses Credit Risk and Personal Credit History

The Business Finance Store discusses the importance of personal credit history when obtaining business funding.

Santa Ana, CA (PRWEB) March 19, 2012

A recent study by five Star Equities shows that consumers are charging more on their credit cards as compared to last year, MarketWatch reported. Americans charged $48 billion to their credit cards in 2011, up 424 percent from 2010 and up 577 percent from 2009. This is good news for those in need of funding for their business, as business credit cards can be one method of financing a small business or startup. those interested in funding, regardless of whether they are searching for business credit cards, lines of credit or loans, need to pay particular attention to their credit history and those of their partners. in the recent blog post “What’s being Said About Your Credit Risk Behind Your Back?,” The Business Finance Store discusses the importance of personal credit history when obtaining business funding.

Approaching lenders is not an easy task. It is essential to know what they are looking for to make strides toward positive funding results. Credit history is one way banks gauge the credit worthiness of a person or business. Read more about what small businesses can learn about credit risk and personal credit history at The Business Finance Store Blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understands that starting and growing a business is an exciting time. they keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. they can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: businessfinancestore.com. A member of their professional staff will contact you to discuss your business’ short and long-term goals. whatever you need, The Business Finance Store is there.

For the original version on PRWeb visit: prweb.com/releases/prweb2012/3/prweb9295029.htm