What Kind of Business Funding Can You Get for Your Business?
Just because you have bad credit doesn’t mean that resources aren’t attainable to you anymore, contrary to what you might have been told.
While maintaining a good personal credit score is important and has everything to do with what you might want to attain as far as owning a home, car, or taking out a personal loan, it doesn’t necessarily relate to what you want to accomplish as an entrepreneur. It is possible to start your own business while having unfavorable personal credit.
This might be a little difficult to understand, but that’s why the experts at Success Tax Relief wants to equip you with valuable information to help you follow your dreams of starting your own business.
It’s true that in order to start most businesses these days, you need capital, but you’ll also need a decent line of credit. More often than not, you will need more money, establish an account with vendors for purchasing supplies and the like. This all can be done with an EIN.
What is an EIN?
An EIN stands for Employee Identification Number. It is used to distinguish your business accounts from your personal line of credit. This means that your business tax matters are separate from your personal, because the EIN serves as a social security number for business purposes only.
How Can an EIN Help Build My Business?
Success Tax Relief can help you establish an EIN and begin the process of helping you build a reputable credit profile to help you get vendor, store, and cash credit without having to do a background check on your personal credit. This is done by applying for credit through your EIN, presenting yourself as a business and not just someone applying for a loan or an advance based on personal gain.
We help business owners establish a line of credit that’s linked to their EIN, not their social security number. Our company also works with a number of warranted business funding programs that can help you get secure cash funding for your business. Whether you’re trying to start, grow, or re-build your company, the best way to get funding for your business is to establish a line of credit through your EIN. This way, all things related to this number will be associated with business matters only.
Managing Your EIN and Social Security Number
Once you’ve established your EIN, you need to manage it separately from your social security number (SSN). This might be a little tricky to do, because we understand that managing your tax matters with just your SSN can be complicated. That’s why the competent and experienced professionals at Success Tax Relief is on hand to provide you with the type of tax assistance needed to get business funding and manage the taxes for both your personal and business affairs.