Finding the Very Best Business Line of Credit for Startups (1) - PowerPoint PPT Presentation

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Finding the Very Best Business Line of Credit for Startups (1)

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If you are starting to build your business line of credit, here are the guidelines for you – PowerPoint PPT presentation

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Title: Finding the Very Best Business Line of Credit for Startups (1)


1
Finding The Very Best Business Line of Credit
for Startups
2
  • When searching for a business credit line it is
    crucial that the company knows the lender's
    underwriting requirements. We collaborated with a
    network of lending institutions and also match
    our client's company credit rating, individual
    credit scores as well as years in the business
    with the best lender.
  • If the lender you intend to deal with does not
    have their requirements clearly specified on
    their website, make the effort to call or email
    them prior to your application.

3
  • How does a business owner with a poor individual
    credit rating get approved for the low rate of
    interest in an unsecured business credit line?

4
  • If you have a bad personal credit rating. You can
    still be qualified for a non-collateral loan. BUT
    you need to make the effort to develop your
    company's credit history. When dealing with our
    poor credit rating company owners, I have
    actually discovered that it takes 6 months to a
    year to help them build up sufficient credit
    report to get approved for an unsecured credit
    line of 25,000 or even more without needing to
    provide an individual assurance (no personal
    credit checking).

5
How do start-up business owners get unsecured
credit lines?
  • There are 2 choices for unsecured business credit
    lines for start-ups. If business owner has
    excellent individual credit history (720 or more)
    we have an unsecured credit line program that
    they can get approved for.
  • While it does need a great individual credit
    rating, It will certainly not show up on business
    owners' personal credit reports and also might
    not need an individual assurance.
  • Another way a start-up company owner can get an
    unsecured credit line is that they develop their
    BUSINESSES credit rating.
  • Similar to poor credit scores company owners, it
    will certainly take 6 months to one year of
    regular credit rating to get approved for an
    unsecured credit line of 25,000 or even more.

6
We can assist you to develop a credit rating in
your BUSINESS NAME! Business Credit Line of
25,000 - 150,000.
  • CONTACT US
  • Phone 1-888-308-7160Or (832) 916-3229Fax
    1-888-226-0081
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