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7 Replies Last post: May 20, 2009 11:12 PM by BizSolutions

Getting a line of credit in todays market

May 10, 2009 12:05 PM

forward 5 posts since
May 10, 2009

business for 40 years and need a line of credit. she has projects to start from won bids. the local bank want let her have a line of credit. she is current with all creditors. she is having a cash flow problem because the industry was slow fo a while. this is a window and door manufactoring company. credit score below 680 because of credit pulls searching for credit

Tags: capital, cashflow, collateral, credit, financing Report as inappropriate

ggoodard 79 posts since
Nov 29, 2008

1. Re: Getting a line of credit in todays market May 11, 2009 9:18 AM

I would like to learn more about your business. I may be able to help. Can we have a telephone conversation?

ggoodard@aol.com

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LUCKIEST 7,926 posts since
Aug 6, 2007

2. Re: Getting a line of credit in todays market May 11, 2009 9:42 AM

Getting a line of credit in today's market

Welcome Retha, Does the client accept credit cards??

If so, contact Barry at "amspcs". Barry is a good guy and can help

LUCKIEST

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phanio 474 posts since
Apr 7, 2009

3. Re: Getting a line of credit in todays market May 11, 2009 11:56 AM

You might want to think about pruchase order financing. If you have purchase orders in hand, you can get financing for them. Use the money to complete the job including hiring labor. When the job is complete - pay back the funds and keep the profits for the next job. We have information and resources on our website.

Business Money Today

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forward 5 posts since
May 10, 2009

4. Re: Getting a line of credit in todays market May 20, 2009 9:29 PM

in response to: LUCKIEST

Thank you for you response. No, they do not take credit cards

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forward 5 posts since
May 10, 2009

5. Re: Getting a line of credit in todays market May 20, 2009 9:31 PM

in response to: phanio

I appreciate your response. This program will not help, they need aline of credit to use on going. They are trying to get a business plan wrote and apply for a 7 (a) but they have job to be done now

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forward 5 posts since
May 10, 2009

6. Re: Getting a line of credit in todays market May 20, 2009 9:33 PM

in response to: ggoodard

We are greatfull to here from you. I can be reached by email, mortgageinfo1@bellsouth.net

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BizSolutions 63 posts since
Jan 11, 2009

7. Re: Getting a line of credit in todays market May 21, 2009 2:37 AM

Sounds like she is a good candidate for the SBA loan that is going to be offered on June 15th. Email me for more details Monique@accuratefinancial.info

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ForumsFinancing Tips

This Question is Possibly Answered

Getting a line of credit in todays market

May 10, 2009 12:05 PM

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