Business Credit Decoded

April 11, 2016
Hosted by Jordan Goodman

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Episode Description

Entrepreneur.com recently reported that more than 90% of business owners drew a blank when asked what the term business credit meant when used in anything other than its obvious generic sense. When banks were the only source of loans to businesses and invariably required the personal guarantees of the principals, the FICO scores of business owners and the creditworthiness of their incorporated businesses were viewed as one, although without the guarantee, they were legally separate. This persists to this day even though the lending landscape has drastically changed and now includes a variety of lending institutions that serve a variety of businesses in a variety of ways. But who are they? Who does what? How do they operate? Ty L Crandall,CEO at Credit Suite is well known as a leading, authoritative expert on business credit and scoring. He has helped thousands--even startups and sub-par--obtain business credit and funding without a personal guarantee.

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Jordan Goodman

Jordan Goodman

Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.

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