One reason I’m happy I started a relationship with AMEX early in my business life. Now moving into my 4th year in business and I bank with them for my business checking, two credit cards with them, and a 35k LOC. I think you hit the nail on the head with showing stability Cal.
If you’re being harassed to borrow money or open new credit cards, you should probably start borrowing so you can make moves should the market take a turn for the worse.
Surely this is all legit legit information!! However the new SBA rules along with SBBCI programs and local CDFI and the big banks able to do in house underwriting for SBA guarantee backed loans- just about anyone will qualify with one the three C's and a solid business plan with projections consistent with ur Industry since SBA uses that not past revenue
Applying for venture X. But it didn’t ask me if I plan to carry any balances or use the card for cash advances, did they change application rules? If so should I not get the card?
If your person credit is strong all across the board and have a business structure (LLC, Inc, sole prop.. Ect) and a EIN you shouldn't have a problem. Just Don't apply ASAP from creating the business. Btw create relationships with banks 😉
One reason I’m happy I started a relationship with AMEX early in my business life. Now moving into my 4th year in business and I bank with them for my business checking, two credit cards with them, and a 35k LOC. I think you hit the nail on the head with showing stability Cal.
Yep you’re right
If you’re being harassed to borrow money or open new credit cards, you should probably start borrowing so you can make moves should the market take a turn for the worse.
Surely this is all legit legit information!! However the new SBA rules along with SBBCI programs and local CDFI and the big banks able to do in house underwriting for SBA guarantee backed loans- just about anyone will qualify with one the three C's and a solid business plan with projections consistent with ur Industry since SBA uses that not past revenue
Applying for venture X. But it didn’t ask me if I plan to carry any balances or use the card for cash advances, did they change application rules? If so should I not get the card?
Relax and take notes -biggie smalls. ;)
Please How can I use my personal credit score of 730 trans union to get business credit card 😢😢
If your person credit is strong all across the board and have a business structure (LLC, Inc, sole prop.. Ect) and a EIN you shouldn't have a problem. Just Don't apply ASAP from creating the business. Btw create relationships with banks 😉
@ okay thanks