There is no question that it is better for owners to obtain credit without giving out any personal credit information. When you sign an agreement of a personal guarantee, you are taking on full responsibility for the debts of the business in case of default. This could be a serious problem if you are not the primary manager or the person who is keeping track of the financials of the business.
Protect yourself by using business cards with no PG so that in the chance that your business fails, you will not be personally liable
Most personal guarantees are unsecured. That means that there is no collateral involved seizing and sell in case of default. However, an unsecured loan can still be pursued in court and your personal property may be at risk even with an unsecured credit card. You risk your assets like home or vehicles with personal guarantees.
Work with BusinessFinanceCoach.com to locate business credit cards with no PG. We have the inside story on all types of business credit cards and can save you a lot of time and hassle with credit searches.
Our consulting services help you set up your business properly so that you can qualify for business credit that stands on its own credentials. You can get business credit cards with no PG and without using your personal Social Security number. It is a matter of research and knowledge, which we already have done for you.
There is enough stress involved in starting up and running a business without the extra psychological burden of knowing your own personal assets and credit history. Signing up for business credit cards that require a personal guarantee, sign up with BusinessFinanceCoach.com for smart business consulting. That is an excellent way to commit to becoming a responsible business owner or manager.
Sign up with BusinessFinanceCoach.com to recieve access and assitance in setting up your business credit card with no PG
Lenders realize that small businesses commonly mix personal finances with the business finances. That is why they want your personal guarantee to back up credit cards. You do not have to settle for this arrangement. There are certain business credit cards that are available that do not require a personal guarantee for small business credit cards. Work with BusinessFinanceCoach.com to locate the best business credit cards with no PG, bank loans, vendor loans and other business financial services.
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