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Updated over 8 years ago,
Establishing Commercial Credit & a Co called American Wealth Fncl
I am a cash-flow investor with 5 multi-family homes. I'm currently financing everything under my own credit and then vesting it to my LLC (with my lenders knowledge and approval). It's a hassle and I'm not effectively establishing corporate credit this way. I want to instead purchase or refinance properties directly with my LLC.
I was contacted by a company called American Wealth Financial. They indicate they can help me establish corporate credit for my LLC, more quickly navigate to an 80 Paydex score and also connect me with lenders who are more likely to provide unsecured loans to my business (and also help to quickly report credit to the top corporate credit reporting agencies.
Has anyone worked with American Wealth Financial or a similar company? Any good/bad experiences to share? Does this sound like a good next step or am I missing more simple or effective ways to establish commercial credit?
I appreciate any advice and feedback. Thanks!