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October 2nd, 2009 — Business Credit
The long aged mystery will now be solved! First, why such a mystery?
It was never a policy of the banks to explain the process they go through to evaluate your business to determine if and how much of a business line of credit it would qualify for. It has always, until now, been a reactive process.
September 30th, 2009 — Audio, Business Credit
Yes! Both are tied together when it comes maximizing your ability to secure business credit for your LLC or corporation. Especially when it comes to any type of bank financing. Banks will always look at your personal credit score, revolving debt and any derogatorties. If you have a bankruptcy or foreclosure personally you are not going to receive any cash lines of credit in the name of your LLC or corporation.
September 28th, 2009 — Business Credit, Business Financing
Winning Questions to Ask Your Banker!
About two years ago, I worked with a national bank to break down their lending process for start-up business owners. As you know, banks do not educate you on how they lend money.
September 21st, 2009 — Business Credit, business credit
Secret #1: Banks and Other Financial Institutions Prefer you Have Low Credit Scores.
September 19th, 2009 — Business Credit, business credit
The financial world has changed dramatically over the past 12 months. With the financial collapse and government bail out of banks you would think all is fine and banks are ready to lend you money because, after all, that is how they make money! Not really.
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