Question - 80 Paydex Business Inherited

[johnkrrrr88]

Hi, I just inherited 4 80 Paydex scored businesses - 1 LLC AND 3 CORPS

Not really to business savy on business credit so i'm asking where i can apply or what can i do to get some credit instantly, have to pay some things off. 

All biz makes over 900k a year

[johnkrrrr88]

and by paying it off, i mean a boat and some other property liens

[WayneSki]

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@johnkrrrr88 wrote:

Hi, I just inherited 4 80 Paydex scored businesses - 1 LLC AND 3 CORPS

Not really to business savy on business credit so i'm asking where i can apply or what can i do to get some credit instantly, have to pay some things off. 

All biz makes over 900k a year

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An 80 Paydex score does not equate to funding, but good personal credit and/or revenue do.

[805orbust]

Agreed. On anything that's not loan-shark terms, it will require a PG. I would proceed with caution.

[jsanchez]

Then what is the benefit of getting a 80 Paydex?