CreditMagnet

Someone I know needs about $40,000 of alternative financing.

Anyone who sells products on Amazon must have some documented proof of being successful selling on Amazon before they are granted a credit line for their company?

When you say you were approved for Amazon, do you mean that you are a seller on Amazon and you got this line of credit so you could buy low and sell products for higher prices on the Amazon selling platform? Did you get non-pg credit for this?

Thanks for your feedback. You guys must know what you are talking about since this forum has been established quite a while and if someone was successful in getting non-pg credit through a particular service, you would have heard about the success.

If my question would elicit answers that could be in competition with the purpose of this forum, then by all means please private message me if you know the name of this credit building company or any similar to it that you know can do the job. Thank you.

Dear People: Recently I heard about a non-pg (no personal guarantee needed) credit building company that takes $300 upfront from you, they will then set up a company for you, build credit for that company and after they get at least $40,000 or $50,000 in funding for your company, you will then pay them the rest which is about $1200. They will get your company funding in 60 to 180 days. They do all the work, and your own personal credit score is not used to build the credit for the company. Have you ever heard about credit building companies like this before? Do you know which credit building company this is? Anyone know of one that takes $300 down and then the rest is paid to them after they get the funding? Don't they take a look at the credit score of the owner of the company? Does not the credit history of the owner affect how much the new company gets in funding of if the company gets funding at all? Thanks for your feedback. Credit Magnet

The business I am setting up is all about doing due diligence on already established and income producing businesses and acquiring these businesses through credit card and paypal purchases. How in the world can I be required to show profits for a couple years before getting credit when my business requires it from the start? I would think that this requirement of my business plan would help me get credit lines right from the start? How can I get credit right away so I can get my business of purchasing other businesses off to a good start? Thanks, CreditMagnet

If a person has less than 10% membership interest in an LLC than his credit scores will not be checked. To do this you place 9% on one membership certificate and 91% membership interest in the company on the other. Greywolf: Can you explain what you mean by "must have 80% of the equity sign" ? Can you say this in different words? Are you saying that the primary signer must put in $80 and the secondary put in $20 or can all this just be on paper without any money put into the account initially? CreditMagnet > where the giant sucking sound means credit flow attraction !!!

You may also need the operating agreement and membership certificates showing the percentages of ownership by the two parties. Greywolf: I have a question for you about this person's situation: If the person with the trashed out score (such as Boston T. P. has told us he has) has a membership percentage that is much less than his partners (for example 10% compared to the 90% of his partners), will that help in securing credit? The more membership interest the weaker party has in the business the less it is going to look favorably in extending credit to their business entity. What say thee my friend? CreditMagnet (where a giant sucking sound means credit flow attraction)

I did that and got these valuable websites from which I was able to construct a greeting: http://operationstech.about.com/od/informa...neAutoAttnd.htm http://www.provoicegreetings.com/Scriptwri...html#prewritten CreditMagnet

http://www.listyourself.net I listed my new business number with them also and it was not in the comcast directory within 48 hours. So I contacted listyourself.net and told them and they sent me this: "I'm sorry you are having trouble. Your number is in the national directory assistance directory used by carrier call centers. It should be available on your VoIP phone as well as your cell phone. Wireline carriers can take a longer time to incorporate the listings, so you have to be patient with them." So, I am going to wait a month before listing my number with verizon who told me that sometimes it takes one month for your number to get into all the 411 directories when you list it with their service. Why should I pay when I can patiently wait for it to get into all the directories through the free service of listyourself.net CreditMagnet

It is also important to remove it from Yahoo and Intelius: http://answers.yahoo.com/question/index?qi...28104347AAInvRn To be removed from Intelius https://www.optoutprescreen.com - To get you name off of Intelius.com here are the steps I received from the website. You can go to www.intelius.com and click on Contact and you will get the same info. I would prefer that you send a notarized letter with the info instead of your copy of ID. You never know who ends up with it. In order for Intelius to “opt out†your public information from being viewable on the Intelius website, we require faxed proof of identity. Proof of identity can be a state issued ID card or driver’s license. If you are faxing a copy of your driver’s license, obscure the photo and the driver’s license number. We only need to see the name, address and date of birth. Please allow 2 to 3 weeks to process your request. Please fax your information to our customer service department at 425-974-6194. If you are not comfortable faxing us your information, you can send us a notarized form proving your identity and we will be glad to remove this public information. Please Note - removing the data here does not prevent public records from sending us new information in the future. To permanently have your records sealed, you will need to contact your county’s records department.

The most helpful person on this forum who is greywolf gave us this important insight: greywolf said: "I ALWAYS remove my addresses, phone numbers, and other information from Google just because I do not like people knowing my business (personal or not). Some might say it is a bad idea, because it will make an underwriter/credit manager suspicious, "What has this person got to hide" kind of attitude. I think the opposite, removing your address from google just gives you the ability to present yourself in a more professional manner. Again, you can't lie on this, if a creditor asks if you are home based, tell them the truth. They can, with enough digging, determine if it is a residence or a business." So, how does a person remove their information from google? Does anyone else have any google stories for us both good or bad?

Grey Wolf and any others who can help: WOULD YOU RECOMMEND GETTING LISTED IN GOOGLE? If so, here is how to do it. http://www.chiefingredient.com/2009/01/goo...-to-get-listed/ Ok, how do I get listed? Go to the Google Local Business Center and login or create a Google account. https://www.google.com/accounts/ServiceLogi...en-US&gl=US Fill out as much information as you feel comfortable with. Remember, the more information your potential clients can access before they move on to your competitor’s listing, the better chance you have of securing that business Upload images of your location and your logo. Include your hours and the types of payments you access. Once you complete your listing information, Google will call you and all you enter a pin code they give you to verify this is your number and business. Once your company is listed in the Google Local Business Center it will also be available in Google Maps, and 1-800-goog-411. ========================================================== ========================================================== ========================================================== GETTING YOUR CELL PHONE IN 411 http://www.ehow.com/how_4594276_cell-phone...assistance.html

In other words, we need to have our home address (if we have a home based business) listed with google under our business and not under our home? Right? So the address shows up in google under a business name. Right?