Business Credit Coaching VS. The Competition

We have put together a short review of the other Business Credit programs on the internet so you can make an informed decision .

Business Credit Services

BSC, Inc. is out of Las Vegas, Nevada and is one of the most experienced service providers in this industry. They have over 20 employees and offer a true “flagship program” that is complete and comprehensive.

Average Cost: $3,000 on payments or $1,500 up front + back end fees They also have “back end fees” meaning that they also charge you a percentage of cash credit you get. Their founder David Gass publishes many business articles and seems to be very helpful and purpose oriented.

B2B Credit

B2B is an innovative company with a great value proposition. Based on feedback we’ve heard, we know that they get results. Their biggest negative is the $125 per month fee that you get charged. To get substantial results you’ll need to be on their program for at least 9 months, which puts the actual cost involved at a minimum of $1,525.

Average Cost: $1,525 - $1,899 Payment method: $399 up front and $125 per month They also have “back end fees” for cash credit As with most programs, the business owner still has to take the time to personally purchase items.

Corporate Credit Concepts

Trent and Chad Lee founded the company. We have heard positive feedback from those who have stellar FICO scores.

They rely heavily on personal guarantees for their program. Listen carefully as you talk to them about what credit you get and make sure you are completely in tune with how much non-personally guaranteed credit is part of the program, because if you don’t listen closely, you might misunderstand and believe that the dollar figures you are being quoted are for non-personally guaranteed credit.

Average Cost: from $1,995 - $12,995 They have “back end fees” for cash credit. They are a bit private about what they do. They are more of a service company than an educational company.

United Business Credit

They have a 6 month program and guarantee that you’ll end up with 10 vendor accounts and an 80 Paydex score. If they don’t get you an 80 Paydex score within six months, they’ll continue to work on your account for free.

They will start out offering $199 down and $299/month for six months, but will negotiate and drop the price to $199 down and $200/month for five months.

Average Cost: $1,199 - $1,694 Payment method: $199 up front and $200-299 per month They do NOT have “back end fees” As with most programs, the business owner still has to take the time to personally purchase items.

Business Credit Coaches

By the time you get loaded up with all of their recommended products and services, it will be pricey.

They will often recommend getting into a shelf corporation that is not in your home state, which is a huge red flag for lenders when you haven’t filed as a foriegn corporation in your home state until just recently.

Business Credit Coaches fill out the applications for you. They even have a unique service whereby they will fill out the applications for five net 30 accounts and they will even order the products for you pay the bills for you! This will probably save you an hour of your own time. They charge $799 for that service.

Average Cost: $1,873 - $4,299 Payment method: $499 up front and $229 per month They also have “back end fees” for cash credit They promote seasoned tradelines, in which you piggy back on another companies credit. This is DANGEROUS and will get you red flagged by D&B

 Business Credit Services (www.corporatecredit.biz)
- Cost: $2,997.00
- CDs and workbooks

BusinessCreditSuccess.com
- Cost: $199.00
- Access to a website with printable web pages
- Contains web pages with unclear content on building business credit
- You must pay the $199.00 fee to access their Blog

B2BCredit.com
- Cost: $399.00 plus $100.00/month; average cost is over $999.00
- A consulting firm that provides a limited guarantee.
- The business owner still has to apply for credit and pay accounts to build credit

Corporation Brokers, Inc. (CorpBrokersInc.com)
- Cost: $2,500.00 + 10% of the cash or credit they secure for your company
- A consulting firm that provides a limited guarantee.
Conclusion: The program is too expensive for most small business owners.

CorporateCreditConcepts.com
- Cost: Ranges from $995.00-$12,995.00
- A consulting firm.
Conclusion: The program is a bit expensive for most small business owners.

MyNewCompany.com
- Cost: $299.00 for 6-months of access to an online portal
- This is a do-it-yourself online program.

Business Credit Co-Op (creditco-op.com)
- Cost: $199.00 for unlimited access to an online portal
- This is a do-it-yourself online program.