There is a 2005 government report stating that, in 2004, there were 15.7 million bank business loan applications. That same report stated that 97% were DECLINED. You read that right, only 3% were approved. Why is that?

The reason is that business owners rarely take the time to learn what it takes to get approved, or to do the things that are required for approval, prior to applying. Sound like you?

Business owner's don't know that lenders have a check list of 20 items that your business must complete before you apply. Rarely do business owners know anything about their bank rating, or even what a bank rating is. The business owners who got declined never took the time to separate their personal credit from their business credit. Those same declined business owners have no clue what their three national business credit scores are, or even if they have scores.

Ask yourself this, what would happen if you never bothered to have any personal credit and never developed any personal credit scores, then you went to apply for a home loan?  You would get declined, right?  So what makes you think it is any different in business lending?

The Business Credit Building System is designed to help you move over to the 3% approval side.