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Difference between personal and small business credit?

Do credit bureaus differentiate between personal and small business credit scores? If so, does building up a small business credit score encompass the same practices as building personal credit? If one has a personal card with a particular creditor, then open a small business, would that creditor use any of their payment history/credit lines as [...]

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Can somebody tell me how to start brokering small business loans,lines of credit e.t.c?

maybe you could get a job at a bank to get some experience. i don’t think someone who doesn’t know how to do this already can just start off on their own with only the help of Yahoo Answers. What does e.t.c. stand for?

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Deducting Business line of credit interest on personal return?

Last year (2007) I sold my business, but left my business line of credit open. This year 2008 I have dipped into the line of credit. My question is, could I write off the "business line of credit" interest on my personal 2008 returns? A BLOC is secured under the business tax ID number and [...]

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Multiple Business lines of credit.?

I have a very high credit score (770) and want to secure as much business line of credit as possible. I would take a million if they would give it. Problem is of course gross income. I don’t mind being personally responsible but is it legal to apply for say 5 50k lines of credit [...]

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When someone sets up an LLC, then try to get business lines of credit, does his personal credit score matter?

Yes, the owner[s] of this LLC company must establish a line of credit for the company when it first starts out. But after that, if the company can show that its credit is good through payments on accounts, then you can use that business for the line of credit.

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business lines of credit?

I am trying to obtain a business line of credit for me and some friends of mine. I have ran into a brick wall, and with everything that’s going on in the market now. I want to know if any one know what banks are still lending? Please no negative answers, I know that bank [...]

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ARC Loans Offer Small Businesses $35,000 For “Immediate Hardship”

from Small business owners have credit lines pulled – BusinessWeek by John Tozzi Small businesses that have been recently profitable but are having trouble meeting debt payments can now apply for Small Business Administration-backed bridge loans to help. These loans are designed to keep otherwise viable companies from sinking because of “immediate financial hardship.” The [...]

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What’s the future of small business credit?

from Small business owners have credit lines pulled – BusinessWeek by John Tozzi What’s the future of small business credit? We’ve been writing and thinking a lot about this lately. It’s a peculiar time: We’re in the middle of a recession that was incubated by several years of too-easy credit. When loose lending caught up [...]

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Your Personal Credit and Your Business Credit History

By : Pamela Williams – When establishing a separate credit history for your business, does your personal credit matter? Does it make a difference whether or not you have good personal credit? As a business owner, why should you be concerned about your personal credit score? Your Personal Credit and Your Business As a new [...]

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TOP 5 REASONS TO ESTABLISH BUSINESS CREDIT

Too Many business owners are using their personal credit to finance the launch, expansion or growth of their business. A majority of business owners have no idea what business is or how to establish it. By following a few simple steps any business owner can establishing business credit, therefore, separating their personal credit from their [...]

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