Posted on Wednesday, 29th April 2009 by admin
Business Directory
I’m looking to stat up my own business in the next two to three years. I’ve already started creating my business plan. The only thing is I have bad credit. Is there a way to get a business loan even thou your credit isn’t good?
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I’m looking to stat up my own business in the next two to three years. I’ve already started creating my business plan. The only thing is I have bad credit. Is there a way to get a business loan even thou your credit isn’t good?
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Tags: Business Loan, Loan With Bad Credit, Stat
Posted in Credit | Comments (5)
April 30th, 2009 at 8:06 pm
Free Screensavers
No. Try a partnership.
May 3rd, 2009 at 9:56 pm
Small Business Web Hosting
You need a co-signer.
May 6th, 2009 at 9:27 pm
Small Business Web Hosting
Nope. Work on getting your credit score up. Realize though that getting a loan to start a business is pretty hard anyway, unless you have a large amount saved to invest in it, and a very solid business plan.
May 7th, 2009 at 8:13 pm
Well so far no one seems to have helped you much. There is a way for you to get where you want to be in getting a business loan with bad credit. It will take a little time and thinking outside the box. 1st you will need to build up your corporate or business credit and get you Paydex score up to an 80. 2nd you will need to find someone with a 680 fico and draft a corp resolution for them the be an authorized officer for the sole purpose of building business credit. Their score is only for the loan reference and the loan itself will not get reported to their report nor will they be at all liable for the debt. With the proper steps you can get over $100k, $200k or more of unsecured credit lines using your business entity. You need to be sure to do the steps in the right order even starting with which SIC code you want your entity associated with. If you need more help feel free to contact me.
May 9th, 2009 at 11:25 am
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the best place to find a loan if you have bad credit is