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What is the difference between us and the other business credit building companies?
You've likely seen several other credit building programs all charging $1,000 – $3,000 (or more!) and then after looking through our web site and pricing, you're probably thinking "how is this possible?"
The questions that are most likely on your mind are: Why does your program cost so much less that everyone else's? Do your competitors have a better program? Would I be getting the same thing at a lower cost, or would I be getting an inferior program? How is it possible for you to charge so much less? What is the difference between you and them?
Our program is not inferior – The Business Credit Extreme Makeover Program is a top notch business credit building program that gets extraordinary results.
However, we do not have the overhead that other operations have. Here are some of the key differences:
1. With us, you get "a credit coach". You do not get "your own credit coach that is assigned to you always". There are only a few us, and we have made things more efficient – when you have questions that need to be answered, whoever you happen to get routed to is the person that helps you. This way, we don't have several people sitting underutilized, while another coach who happens to have a busy load that day gets backed up.
2. On our program we show you how to fill out the applications, and YOU fill out the applications – we do not. We give you the applications to fill out, we show you how to fill out the applications, we will walk you through any potential pitfalls and key "approval criteria" that each company has. Each application will LITERALLY take you 4-5 minutes to fill out. The applications are short and almost always ask for the same six pieces of information: 1. Company name, 2. Company address, 3. Company phone number, 4. Tax ID#, 5. Gross income, 6. Date company started.
3. We have videos for each application that you can follow along with as you fill it in – we make it VERY EASY. The key here is that it is automated and it doesn't take up our staff's time to give you the basic instructions. After you go through these materials, if you still have a confusion or a question, you call or email us and we help.
4. Our coaching is superior – OUR COACHING actually TEACHES you how to build your business credit. Plus, you have ALL the materials (the written instructions, special information, and applications), so if you open up another corporation, you don't have to pay a competitor another big fee to repeat the process!
Some basic comparisons:
- 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.
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.
Some of their clients have told us they feel that "BCS takes too long." Starting to build credit on their program can take a long time as they put you through an EXTENSIVE compliance checklist that is longer than it has to be. You can end up working on small "compliance issues" that could wait until later, instead of actually getting going on building your business credit.
Another downside is the back end fees. For example, we've received reports that even after the initial fees, you can be charged fees of up to 10% for certain credit that they assist you to obtain.
- 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.
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.
The second negative is that they pace out how many applications they put in for you – they typically put in only two applications per month, which stretches out the process longer than it has to take.
We have heard several complaints about it being difficult to speak with the coaches over the phone once on the program, and that there has been high turnover, meaning that the customers are often having to work with someone new. With B2B credit, THEY fill out the applications for you.
- 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.
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: $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.
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.
One downfall is that they pretty much end their program after getting you a Paydex score. They don't address the other credit bureaus, get you into the ratings system, or do any advanced credit building. They don't address or help getting cash credit.
- 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 company's credit. This is DANGEROUS and will get you red flagged by D&B.
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 foreign 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 and for you pay the bills for you! This will probably save you an hour of your own time. They charge $799 for that service.
We have the best value on the internet! The Business Credit Extreme Makeover Program is only $399. We do NOT charge any other fees or monthly dues for the program.
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