 Paypal help? |
i got every info possible except the account number. it asks for 1-12 numbers, mine has like 30 on my bank card, what do i do? thanks!
Additional Details
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April D | Do you have to have good credit to get a small business loan? |
I am going to start an online business that requires me to bascially pay someone to maintain and run a website. The site will be ad supported, but I need a small business loan to get it up and running. Does my credit have to be excellent? If I come up with an in-depth plan, will they approve me for a smaller one of like....$15,000? |
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Renard R
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Yes you do But the trick is to build credit without going into debt for garbage like office furniture or stuff that clobbers your balance sheet. The best way I found is to borrow funds to hold them on deposit, make some interest payments, then give back the deposited money. If you agree to just hold it on deposit, creditloader dot com will let you borrow the funds with NO CREDIT CHECK and NO PERSONAL GUARANTEE. They got mine reported to Experian Business Credit |
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golferwhoworks
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yes as most business fail in the first 2 years |
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rello
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U NEED PERFECT CREDIT... |
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Initial Underwriting Group
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A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own.
Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information.
Good luck,
Ilya Bodner
Small Business
Owner Initial Underwriting Group |
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