Tag Archives: Business Credit Lines

The Rational Guide to Building Small Business Credit

This is a great book on giving you the basic understanding of how to establish business credit for a new business or build more credit for an existing business. It also covers everything you need to know on obtaining business startup loans or building business credit lines. One of the areas you really need to [...]

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Corporate Credit Building Scams

Guarantee of Obtaining Corporate Credit Warning! You have probably heard a lot of different companies making claims about how they can guarantee to get your business or corporation, credit. They may say things like, “with our credit building program, we guarantee that you will get up to $20,000 or $50,000″ and so on. The key [...]

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What interest rate on your business line of credit?

This question is for the business owners. What is the interest rate on your business line of credit? And how much is your line of credit? I just want to get a feel for what people are paying and what credit lines business owners are working with. Thanks! Well, I’m not a business owner, but [...]

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Problems with my business line of credit can affect my personal credit history and my FICO score?

Two years ago I and my partner form a corporation. I believe that the bank granted us a line of credit because the credit record of my partner was good (better than mine, then). Now, our business is in troubles (it is related with real estate sales). Till now, we have paid punctually to the [...]

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Where can we get a business line of credit or loan?

We are looking for a $50,000 loan or credit line for our business. We have been around for almost two years and we have good collateral through real estate investing. We also have good personal credit. We have not applied before but now we would like to have access to reserves credit to pile cash. [...]

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How does a business line of credit work, compared to personal line?

If I have bad personal credit can I use my businesses credit? Usually personal and business credit are pretty much scrutinized at the same time, and if one or the other has a bad credit rating, you are pretty much out of luck. How you conduct your personal finances and business finances is considered a [...]

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Has anyone gotten Small business credit line funding from banks yet?

We applied at the end of Sept. and broker is saying banks are being silent on applications. Anyone else in the same boat? go to keybank for unsecured line of credit up to 100k with no pg! (must be in busines for 3 years and have financas. If you don’t have finacials you can do [...]

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Advanta Cuts Off Small Business Customers

from Small business owners have credit lines pulled – BusinessWeek by John Tozzi Small business credit card issuer Advanta is shutting down all customer accounts on June 10 in an effort to shore up its finances amid steep losses, the company announced yesterday. Advanta, which focuses exclusively on small business credit card lending, has more [...]

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