Press release
Serial Entrepreneur Peter J. Burns III Writes for Forbes Magazine, Offering 'Three Tips to Consider If Bad Credit Is Hampering Your Business'
Peter J. Burns, III, the CEO of Burns Funding, has written his latest column for Forbes Magazine, this one addressing "Three Tips to Consider If Bad Credit Is Hampering Your Business."As the CEO and Founder of Burns Funding (www.burnsfunding.com), a company which helps entrepreneurs creatively obtain funding for their businesses, Burns has had plenty of experience working with entrepreneurs and would-be entrepreneurs who are challenged be poor credit scores.
"It doesn't have to be the end of the road," said Burns, who is a member of the prestigious Forbes Business Council. "There are steps you can take to improve your score."
Burns writes about some of those steps in his column for Forbes. Specifically, he suggests that entrepreneurs find a non-traditional credit partner like a family member, focus on soft credit pulls, and tap resources that are not reported to the credit agencies.
The column can be viewed here: (https://www.forbes.com/councils/forbesbusinesscouncil/2026/01/21/three-tips-to-consider-if-bad-credit-is-hampering-your-business/)
OTHER OPTIONS FOR BOOSTING CREDIT SCORE
The objective with all three of the above steps is to cost-effectively and incrementally raise one's credit score. But if a borrower needs to expeditiously boost their credit score, then Burns offers other suggestions, such as working with Burns Funding's partner, Credit Ready (https://creditready.com/), or participating in a bridge funding program.
Regarding bridge loans, Burns wrote, in another column for Forbes, that "technological innovations have changed the landscape (for bridge loans). For example, online platforms and lenders have simplified the application and approval process. This has made bridge loans more accessible to many businesses."
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ABOUT PETER J. BURNS III
Based in La Jolla, California, Peter J. Burns III grew up in a well-established New England family in New Canaan, Connecticut. He was briefly educated at the United States Military Academy Preparatory School at West Point, the University of Virginia (UVA), and finally, Harvard Business School's Owners and Presidents Management Program. While his two younger brothers went on to have very successful traditional business careers, Burns chose the life of a startup entrepreneur.
Burns started hundreds of businesses over the ensuing decades. In the early 2000s, he moved to Arizona and became a pro bono adjunct faculty member at the highly respected Barrett Honors College at Arizona State University. In 2006, Burns took his teaching practice across town to Grand Canyon University and its entrepreneurial founder Brent Richardson, where the two men would launch the nation's first College of Entrepreneurship at GCU.
In recognition of his work, the Arizona chapter of the Future Business Leaders of America named Burns its Businessperson of the Year in 2007.
Shortly thereafter, Burns started Club Entrepreneur to unite entrepreneurs in an "open-source entrepreneurship" platform. The Phoenix chapter attracted 10,000 members.
In 2016, Burns moved to the West Coast and started Burns Funding to help entrepreneurs secure hard-to-get funding for their businesses.
Taken as a whole, Burns says all the businesses have a "common thread."
"Every business I start represents my desire to help existing and would-be entrepreneurs reach their full potential," said Burns. "Too often, they give up because of a lack of capital. I set out to solve that problem and won't rest until every entrepreneur who needs money can secure it."
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