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Folks,
I had a succesful app spree starting end of Jan with boa, chase,amex,penfed and nfcu.
and added Chase business account and Ink visa[22K] and NFCU business accounts in March.
got ploc and cloc from penfed-25k and nfcu - 15k.
Chase business called me to let me know that they could give me a Business LOC for about 80K.
Anybody here have an experience of getting chase buisness LOC?
i am definitely going to apply for NFCU business products after I try to get another penfed card on 20th April[trying to use the earlier hard pull within 90 days.].
so my plan of action is;
-get penfed new card
-get penfed CLI on first card[ should i avoid it ?-i have 17.5K sl]
-apply for chase business LOC 75K
-apply for NFCU business products - full 50K
looking for advise.
any other good LOC products out there?
thanks.
credit available 258k
aoa 7 years 6 months
utilization 6%
ex 771
tu 734
eq 755
If you are asking me, Turnover is 500K per year ..profit of 20K per year
Update on plan and action :
-get penfed new card
Applied on phone for new penfed power cash rewards visa on day 84 of first HP.
CSR came back with conditional approval,emailed tax returns ,called back in 1 hour-approved for SL 8K .
-get penfed CLI on first card[ should i avoid it ?-i have 17.5K sl]
waiting on this one.Maybe another month
-apply for chase business LOC 75K
Spoke with chase business loan officer ,will apply after completing 2016 returns in June 2016.
-apply for NFCU business products - full 50K
Emailed the application for 50K-all 3 products.Waiting now.
update folks.
NFCU 3 biz products approved for 42500.
next stop Chase Business LOC
@Anonymous wrote:update folks.
NFCU 3 biz products approved for 42500.
what was the breakdown on the NFCU products as there are more than 3 products available?
i was aware of only 3.
cc- 15k
bus loan-17.5k
bcloc-10k