Archive for the ‘ Business Line Of Credit ’ Category

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This is a business card, I was relying on the full use of the credit line for business, now I am stuck. I contacted them and they said I had too much credit, if you can believe it. I don’t think it is fair and they are not going to get paid.

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I only need the insurance to qualify for a business line of credit, so the amount to insure only needs to be ,000.00 (as opposed to 1 million that I keep getting quoted for a premium of at least 0.00

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Dun & Bradstreet was paid in March to create a PayDex score and credit file on my 8 year old business. Now that they have the money, they say that the creditors I listed are NOT D&B members, so D&B can not use them as a reference. D&B will not return any money paid to perform the service they were paid to do. As a small business, real estate rehabber/investor/wholesaler, I need to be able to borrow in the corporate name without any attachment to my personal credit. Other companies I contacted for business credit building want money also.How can I be sure that a credit report will be built for my company, without personal attachment, IF I pay another fee to another company? I really just need a few hundred thousand dollars to start…maybe Trump would want to help me out…I’m a big fan of his! I can’t even imagine…anyway, how can I get guaranteed results in building a business credit report and obtaining a line of credit in the business name?

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What bank has a nice program for unsecured lline of credit for a business with good credit and personal guarantor with excellent credit? Low documentation

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I’ve gone through the calculations and this is the absolute minimum I can use to just scratch by for starting up my business. Does anyone know where I can get this money? I will not be able to start repayment until at least three months after start up.

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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 on the same day and get them within the next week or so.

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I purchased an aged shelf corporation from a broker and they were able to get me ,000 in business credit lines in the form of multiple Visa, MC and an Amex card based on the company’s credit profile. That’s the good news, the bad news is that my partner (co-owner) will be unable to fulfill his obligations in our partnership agreement pertaining to the company. Now I’m not sure what to do with this shelf corporation as I paid 15k for it and don’t really want to lose money – if that’s possible. I tried selling it back to the broker I bought it from and they only offered to buy it for 10k. Any suggestions?

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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 are still lending just need to find them. And NO BROKER’S!!! they will rape you on fee’s I am looking for a direct bank.

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I stood guarantee for the business line of credit. The business is almost gone and the loan stands at 95,000 USD. Bank is coming after me. What do i do ? Personal bankruptcy has been suggested by friends. what are the consequences of personal bankruptcy? I am so very worried. Is there a nicer resolution for this? My credit score is very good right now.

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I was going to enter into a business partnership with my cousin and her husband told her no so I said I’ll just start from home and work on expanding that way. I was wonderingif anyone knew where I could get a business line of credit or a grant to get the startup?

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I could no longer make regular 850.00 mo.pymts. I have been paying 350.00 pr. mo while trying to work with bank by sharing all my info. including new job info.,tax returns,monthly ex penses, etc, They denyed request for loan modification, they feel me and spouse make enough money, and at the end of this month they will write it off and turn it over to their in-house collection agency. I have no problem paying back money I owe, I just can”t pay 850.00 pr. mon. WHAT CAN I DO TO PROTECT MYSELF FROM WAGE GARNISHING, AND OR BEING SUED. MONIES FROM MY IRA ACOUNTS HAVE ALREADY BEEN DEPLETED AT THE BEGINNING STAGES OF BUSINESS BEING CLOSED, SO THERE IS NO LUMP SUM OF MONEY FOR ME TO NEGOIATE WITH, THIS WAS A BUSINESS LINE GUARANTEED BY PERSONAL SIGNATURE. HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!

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For example, if I have a line of credit of 0,000, is there a way to reflect that such that my forecasts wouldn’t show me running out of money?

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I set up my music publishing company and I am registered with ASCAP. I am ultimately looking for about G "start up money" to grow my business into a mulitimillion dollar company. But in the immediate future, I only need about 00 to build my home studio/office. My personal credit is being established because I learned that an insufficient credit history is the same as having bad credit. But I want to use my tax id# as an alternative short term solution until I am in a better position to execute my business plan. If you have any leads, please share. Thank you.

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I have a small business and need to establish a paydex score, I’m looking for some companies that will provide either trade line or unsecured lines. There are companies that are charging fees to help find companies, but I was hoping to find some help here.

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We are in need of ,000 – ,000 for working capitol for our 14 year old business. Are banks doing business lines of credit?

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We have no house as security and are currently renting, the business is doing well, but often we are waiting for the money to come in and need cashflow as backing. Can anyone advise of a good lender or someone we can talk to in victoria that will not require bricks and mortar?

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Im planning on starting a new online small business soon but at wells fargo they said i would have to put 20% of how much im borrowing to get a line of credit but i dont have the money. I have so so good credit, any suggestions on where i can go?

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We are a registered Californian company, but are UK citizens living in California. The company is just over 1 year old. The purpose of the loan/business credit line is to purchase a small business.
The Tax ID is a good answer… but will this be usefull where someone needs a credit record? Or, for business finance, would our personal circumstances be relevant in any case?

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I am in the Hvac air conditioning and heating business with my wife and we have money to work with and would like to get a credit line for projects ? need help

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Owes about k – its been late for 120 days and its going on collection soon. I got a call from the bank saying that they will sue me if i dont pay it soon. i got behind and now they want me to pay the whole thing. any experience???? need help.

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