topic Re: Business Funding in General Credit Topics

Business Funding

busyone — Thu, 31 Jul 2008 02:41:41 GMT

My business needs legitimate business funding. Business credit based on your

Paydex score is totally bogus. I have a very long term succesful business and

looking for working capital. Any legit business funding ideas available. Personal

credit excellent.

Re: Business Funding

llecs — Thu, 31 Jul 2008 18:01:04 GMT

busyone wrote:
My business needs legitimate business funding. Business credit based on your
Paydex score is totally bogus. I have a very long term succesful business and
looking for working capital. Any legit business funding ideas available. Personal
credit excellent.

Use a local bank or CU. I'm a biz owner and BofA sends me their weekly biz loan and LOC offers as does CapOne (no thanks!).

Re: Business Funding

llecs — Thu, 31 Jul 2008 18:01:56 GMT

To add...if yours is a small business or minority owned you could go after a SBA loan through your local bank.

Re: Business Funding

busyone — Mon, 04 Aug 2008 23:01:06 GMT

Thank llecs........sba wants way to much. I'm a member of a credit union but they don't

do anything for business. Does BOA have generous credit lines for business owners

with good personal credit, a well established business with at least $300 K in gross

revenue? Thanks.

Re: Business Funding

Anonymous — Tue, 05 Aug 2008 19:59:23 GMT

Have you looked into a Working Capital Cash Advance? It is not a loan, rather a cash advance on your future credit card sales? No FICO requirements, No collateral