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1 Replies Last post: Aug 9, 2009 3:19 PM by GhostRider103

Need Start-Up, Frustrated!

Aug 9, 2009 5:59 AM

Click to view TheSweetLife1's profile Authority TheSweetLife1 4 posts since
Jul 20, 2009

I am trying to get start-up for my business. I formed a LLC about 18 months ago and I have a business plan. I did this cause I was told that you need to establish business credit to get funding. My personal credit isn't great so that is why I am going this route. My Paydex score is 80 and I am showing 6 vendors reporting, but they do not show the full credit line that I have for them. I have been working with a business that can finance this if I can reach 15K in vendor lines. My issue is, the vendors will not report the full credit line. I have 2 vendors that I have Line of Credits of $10,000 and $6,000 and a few others that are $1,000. So if they would report I would be there. But my question is, is this a legit way of getting funding or are they pulling my chain, and what should I do from this point to make it work? Should it takethis long?

Thanks
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Click to view GhostRider103's profile Authority GhostRider103 17 posts since
Aug 5, 2009
1. Re: Need Start-Up, Frustrated! Aug 9, 2009 3:19 PM
It can be kind of a lengthy process, depending on who is helping you. But it shouldn't take THAT long.

One thing you are going to need when you start your business up is of course a website. So you might want to start looking for a web design company like www.knrdesigns.com to help you get started in the online business as well.'

Good luck with your business!