Getting a loan on 'business credit'

superunknown · 05-08-2007

I've always been interested in this...i don't have a huge business...but a smaller one with good credit (and not a lot of revenue)...

would it be possible to get a load on my business credit rather than personal credit (as my personal credit is shot)...

how would i go about doing this as well?

Jerlene · 05-08-2007

Visit your bank and ask them. They'd review your history and see if you were qualified.

JoseYero · 05-21-2007

a high net worth invidudal in your town. there are more guys looking to invest then good deals out there.

aspire · 06-20-2007

You can also partner with someone who has got an excellent market reputation with the bankers. That way your business credit score would go up.

g_itworld · 02-24-2008

Business credit is surely a good way of getting more funds but bear in mind, the higher the leverage of a business organization, the higher is the risk.

nick · 02-24-2008

Yes, of course they will give you the business credit if you could prove them that your business has been running on profit for the past two years or so and tell them it would sustain in such in the coming years too.

05-08-2007	#1 (permalink)
superunknown Junior Member Join Date: May 2007 Posts: 20 Rep Power: 0	Getting a loan on 'business credit' I've always been interested in this...i don't have a huge business...but a smaller one with good credit (and not a lot of revenue)... would it be possible to get a load on my business credit rather than personal credit (as my personal credit is shot)... how would i go about doing this as well?

05-08-2007	#2 (permalink)
Jerlene Senior Member Join Date: Mar 2007 Posts: 1,167 Rep Power: 3	Visit your bank and ask them. They'd review your history and see if you were qualified. __________________ 1 \| 2 \| 3 \| 4 \| 5 \| 6 \| 7

05-21-2007	#3 (permalink)
JoseYero Senior Member Join Date: May 2007 Posts: 99 Rep Power: 2	try a high net worth invidudal in your town. there are more guys looking to invest then good deals out there.

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06-20-2007	#4 (permalink)
aspire Senior Member Join Date: Jun 2007 Posts: 106 Rep Power: 2	You can also partner with someone who has got an excellent market reputation with the bankers. That way your business credit score would go up.

02-24-2008	#5 (permalink)
g_itworld Junior Member Join Date: Feb 2008 Posts: 10 Rep Power: 0	Business credit is surely a good way of getting more funds but bear in mind, the higher the leverage of a business organization, the higher is the risk.

02-24-2008	#6 (permalink)
nick Member Join Date: Feb 2008 Posts: 60 Rep Power: 1	Yes, of course they will give you the business credit if you could prove them that your business has been running on profit for the past two years or so and tell them it would sustain in such in the coming years too.

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