Line Of Credit
Standard & Poor's Fundamentals of Corporate Credit Analysis
Array (Hardcover) McGraw-Hill 2004-12-09
Price:
$75.00
Answers
I would think there a few out there that would. The best thing to do is make those calls to see and be prepared to show them your profit margin over the 2 years>>>>>>>>>>>>>>>>>>
I received an email from B2B CREDIT SOURCE selling shelf corporations to get a line of credit. I called the number to get more info. The shelf corporation is registered in the state of Nevada. The purchase price is $15,000 and 5% OF THE AMOUNT APPOVED FOR THE LINE OF CREDIT. It will take 60days to obtain the line of credit from $150,000 to 200,000 with NO PERSONAL GUARANTEE. Dave the agent at b2b credit source said mostly the 60days is for them to build the Dun and Brad score. Is there anyone out their, that has ever bought a shelf corporation for this purpose?
THIS IS THE EMAIL I RECEIVED.
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That's a total scam. I would not go for it
Can I put the corporation on my personal credit line to make it stronger?
I would not advise you to do that. Only because you want you and your corp to stay separate. Think of it as a marriage. You have a social, the corp has its tax id number, If you start combining things as important as your credit line all the weight is on you if something were to happen with your corp. if for some reason your corp went bankrupt, do you really want that following you around under your social sec number? NO, and there are many other examples I could use, but I'm sure you get the point, it could financially ruin you if something were to happen to your business. So just get that American express card under your corps tax id number.
I hope this helps!
I need ideas for a good small business.
Open up a laundromat where you can drink beer too.
Best laundromat in town!!!
I have a credit business and Iam trying to sell credit lines to corporations.
I am trying to learn how I can give credit to corporations without the middle man(the bank).
Do you actually have money to lend? Which kind of businesses will you lend money to? Many start-up businesses want credit as you'll see if you hang around this site for very long, but you need to be careful not to mislead them as it is easy for this kind of business to become fraudulent if you can't actually back up your offer with cash. You could pick an industry type and cultivate relationships at trade shows or other venues where you're likely to meet many of these businesses. If you're really able to deliver, you won't have a hard time finding borrowers.
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Bad Credit Home Equity Line of Credit
This article will take a beginners look at this interesting subject. It will give you the information that you need to know most.
Bad credit can rise the difficulty that a homeowner encounters when obtaining a home equity line of credit. Bad credit can be the cause for a mediocre credit attain.
What is a credit attain? The credit attain varies between the morals of 300 and 850. The credit attain is the universe of the blond Isaac Corporation. Lenders who organize for a home equity line of credit use the credit attain in order to set the attention evaluate that will be exciting the homeowner.
Homeowners with a low credit attain will requisite to pay upper attention payments. A attain above 700 is cool of good attention evaluates. The credit attain also serves as an indicator of whether or not a lender should accept a homeowner’s application for credit. Decisions on credit confines for the homeowner are equally based on the homeowner’s credit attain.
...News
Onstream Media Corporation Reports Fiscal 2009 and Fourth Quarter Financial ...PR Newswire (press release) - Dec 30, 2009
In December 2009 Onstream's line of credit arrangement was extended for two years with an increased borrowing limit of $2.0 million. and more »BusinessWeek - Dec 30, 2009
The government is increasing the credit line to JAL to get rid of concerns that the company won't have sufficient funding with the remaining 45 billion yen and more »Business Mirror - Dec 30, 2009
The deal between AgriNuture and GEM provides for “an Equity Line of Credit Agreement” under which “the Subscriber agreed to subscribe for, and more »The Guardian - Dec 29, 2009
However, the bottomless line of credit for Fannie and Freddie could prove to be the biggest pot of gold of all. Fannie and Freddie both collapsed in and more »NewsWithViews.com - Dec 30, 2009
Then we had TARP – a $700 billion revolving line of credit to the Treasury Department. Remember that a revolving credit line may be paid down,CNNMoney.com (press release) - Dec 18, 2009
The $10 million equity line of credit represents one phase of Insight Management's long term financing strategy and will be used for working capital and for and more »Autoblog (blog) - Dec 07, 2009
REUTERS: China's BAIC secures $2.1B line of credit is it for Saab? Automotive Industry Corporation (BAIC) could still be in the game for Saab, having secured a $2.93 billion line of credit from the Bank of China. and more »