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Thread: Business Credit

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  1. #1
    Registered User
    Join Date
    Mar 2004
    Location
    Long Island
    Age
    30
    Total Posts
    10,874

    Awards Showcase

    Business Credit

    How hard is it to get business credit?

  2. #2
    dancing on the ceiling
    Join Date
    Jun 2009
    Location
    Long Island
    Total Posts
    12,976
    credit card, lines of credit with vendors, or business lines of credit at a bank?

    banks- very tough right now, most business are having their lines of credit revoked or decreased for no reason other then to limit potential defaults

  3. #3
    Werk.
    Join Date
    Feb 2009
    Location
    LI
    Age
    23
    Total Posts
    2,701
    Credit i.e. like loans or credit lines from a bank are very tough right now.

    Small Bussiness (any non public traded company) is treading right now. the credit markets are killing them. Thats thing nobodies talking about. everyones on this recovery bandwagon meanwhile small bussiness is gettign squeezed hard.
    H.A.T.E.R.S. - Having Anger Toward Everyone Reaching Success

  4. #4
    scarred for life
    Join Date
    Nov 2008
    Location
    LA/LI
    Age
    31
    Total Posts
    4,697
    chances are you won't get any biz credit without personally guaranteeing it.


 

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