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Business Funding

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busyone
Contributor

Business Funding

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.
Message 1 of 5
4 REPLIES 4
llecs
Moderator Emeritus

Re: Business Funding



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!).
Message 2 of 5
llecs
Moderator Emeritus

Re: Business Funding

To add...if yours is a small business or minority owned you could go after a SBA loan through your local bank.
Message 3 of 5
busyone
Contributor

Re: Business Funding

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.
Message 4 of 5
Anonymous
Not applicable

Re: Business Funding

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
Message 5 of 5
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