Home: Message List - Bank Line of Credit for a new business.

Re: Bank Line of Credit for a new business.

FASTCARS — Sun, 24 Aug 2008 19:01:36 GMT

HI, bestloan need help.

Re: Bank Line of Credit for a new business.

FASTCARS — Sun, 24 Aug 2008 18:58:59 GMT

Hi bestloans can I give you a call?

Re: Bank Line of Credit for a new business.

finsolamerica — Sun, 24 Aug 2008 13:17:12 GMT

Small Business Finance Program

Does your business need funds to grow?

New businesses welcome

Credit Lines available from $100,000 and up

Six to eight week process from start to finish

Personal Credit Requirements – minimum FICO 625

No Financial Statements or Tax Returns Required

Modest initial cost to cover cost of personal credit enhancement,
bulk of fees charged after lines are in place

Free Consultation

100% Success Guaranty

Contact us today:

FINANCE SOLUTIONS OF AMERICA, LLC

954-734-9669 or email us at finsolamerica@gmail.com

Re: Bank Line of Credit for a new business.

loan guy — Sat, 22 Dec 2007 01:18:46 GMT

I have many friends in real estate business. They have been able to obtain credit lines of 100k. They had strong focus and work their plan. I can assist you with your venture. What is your business name? Email me cory@walkerlender.com

Re: Bank Line of Credit for a new business.

barbnett — Fri, 21 Dec 2007 20:58:49 GMT

You may want to check out this web-site www.b2bcredit.com this company is in competition with D & B and it offers more services. I spoke with Blake at this company today and the fee's are $399.00 for the first 45 days and there after $125.00 month for a total of $1,899 if you have the money this is not a deal to get your company up and going with you EIN only.

Re: Bank Line of Credit for a new business.

LUCKIEST — Thu, 20 Dec 2007 21:08:02 GMT

Banks want to see a Business Plan, Maybe this will help, LUCKIEST

h3. 6 Steps to Small Business Success

1. Start Smart
2. Plan Ahead
3. Set up Systems
4. Seek out Sales
5. Aim for Growth
6. Leverage Opportunities

1. Start Smart.
Identify a niche. Don't compete to be the lowest cost provider. Look
for what makes your product or service unique and adds a special value
for the client and charge for that value. Every business has many
facets. Start with what you know and like; start a business that has
meaning to you. Keep in mind that we don't know what the future holds,
many of the jobs and businesses of tomorrow don't exist today. You can
create your own success.

Now is the time to dream. To start smart, you should like the idea of
the business. The way to earn a good income and build wealth is by
serving clients well, making their life better in some way-it's more
than filling a need in the marketplace. To succeed you want to test the
idea to make sure your potential clients like the idea too. Test your
ideas.

2. Plan Ahead.
People often ask me why bother with a business plan? Look at the
lottery as an example. You may get lucky and get the winning ticket,
but the odds are against you when you rely on random chance. I'm a risk
taker...but not that much, minimize the risk of going into business and
maximize your potential for success. Take the time to write a plan of
how you get from point A to point B. A plan gives you a clear future
focus and increases your chances of success.

The first rule of a start-up is put some of your own money in the
business. As the owner you must be willing to capitalize the business.
The second rule is put as little of your own money as possible in the
business. Prepare your plan and look for funding for your business from
multiple sources, which can include a business loan or business line of
credit.

Don't go it alone. Plan ahead now to build your team. Your team may
include a CPA and an attorney that you work with as needed. Add a
mentor from your industry and get a SCORE mentor to help you plan for
success. No one has all the answers. You get more ideas and information
by building a success, support team that can help you plan ahead.

3. Set up Systems.
The most basic system every business should have is a good financial
system. Ask yourself how am I going to generate enough income to
support myself and my family. Begin here. Put together a personal
budget, so you know what it costs you to live. Now, you can move on to
the business budget and sales planning, so you can see how many sales
you need to break even and make a profit. The start-up expense plan,
operating budget and your accounting software are vital to your
success.

4. Seek out Sales.
The daunting question is how do you go about seeking out your first
sale. Recognize that since you don't have a big ad budget to be seen by
everyone, you need to target a niche and get connected in your market
community, be it local, regional or national. You need other people
selling for you-not employees-goodwill referrals. Get out and talk to
as many people as you can. Join organizations that would have clients
for your product or service. Become a visible part of your market, and
then ask for the sale. You begin the sales process with people that you
know. Yes, it's okay to start with friends and family as your first
customers, and then broaden from there.

5. Aim for Growth.
The basic tenant of creating a company is that you own the company. You
are not just creating a job for yourself. It's less risk and less
investment to get a job. Building a business is creating a company that
is more than the job itself. Think about the future. How large do you
want the company to be in terms of sales, net profit and employees?
Your answer to each of these questions will influence how you grow.
There are varying costs and profits associated with growth. It's
important to make a deliberate choice early about how you want to grow
your company.

6. Leverage Opportunities.
Good luck. Good fortune. Good timing. All play a part in business. As a
business owner, be very clear about your core focus for the business
and how it serves clients. Your core business is what pays the bills.
Then, as an entrepreneur you are about opportunity. When you see a
potential opportunity or stroke of luck measure it against your core
business focus. Good fortune is great, when it matches your vision for
the business. Always consider if a good opportunity is the right fit
for your business. If something looks great, but it's not in sync with
your long-term plan and budget, think carefully before committing your
company's resources.

Re: Bank Line of Credit for a new business.

BestLoans — Thu, 20 Dec 2007 21:00:03 GMT

*Unsecured
Business Line of Credit*

*Unsecured
Business Loans*

7.5+* APR

NO DOC/ STATED UP TO $350,000

FULL DOC UP TO $1,000,000

NO COLLATERAL NEEDED

NO TAX RETURNS

NO BUSINESS PLANS

ELIGIBILITY:

No Bankruptcies, Foreclosures, or Repossessions in the last 7 Years
No Currently Past-Due Accounts
No Late Payments in the last 2 Years (Less than 30-Days Late is OK)
Personal Experian Credit Score at least 680

CONTACT:

joevasallo@yahoo.com

Re: Bank Line of Credit for a new business.

LUCKIEST — Wed, 19 Dec 2007 12:45:47 GMT

JV, Good Marketing Good luck,
LUCKIEST

Re: Bank Line of Credit for a new business.

LT Lawn Care — Wed, 07 Nov 2007 12:16:08 GMT

Your request is going to be tough given banks don't want any more houses, they want money. Your goal of refinancing right away depending on the area you are in is going to be tough.

Re: Bank Line of Credit for a new business.

Ed O'Gee — Wed, 07 Nov 2007 01:15:06 GMT

BofA doesn't require your business to be open for two years - I got a line from them ( a small one) last year and my current company is only 12 months old. They will check both business and personal credit history for the line. It was easy for me because I was a customer, kept pretty good balances in my accounts plus I have a fairly go credit history.

I do hear Wamu has a similar product which does virtually the same thing