What do banks and/or other groups look for when it comes to business line of credit?

Jun 20, 2009 in Business Line Of Credit

Do they look at thing's such as the fico score and what else do they look at.Looking for info on how to use the elements from the business not me as a person to obtain financing or line of credit to pay off the people i am buying a company from.

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One comment

Wee_Willie_Winkie on June 20, 2009 at 12:24 am

They look for a history of profit and how leveraged are the assets of the company…

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