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Re: unsecured business lines of credit
golfheaven Jan 14, 2009 12:33 AM (in response to jamesb1969)Try your local SBDC office and ask for a community express loan.-
Re: unsecured business lines of credit
jamesb1969 Jan 14, 2009 1:36 PM (in response to golfheaven)thanks I will chek in to that
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Re: unsecured business lines of credit
Dereshki Jan 14, 2009 11:24 AM (in response to jamesb1969)Hello
You need 20 k in cash or lease, or....?-
Re: unsecured business lines of credit
jamesb1969 Jan 14, 2009 1:37 PM (in response to Dereshki)20k + in a unsec. line of credit to expand my business
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Re: unsecured business lines of credit
funds2924 Jan 14, 2009 11:29 AM (in response to jamesb1969)We can help my site is www.innovativereturns.com we do cash advances and lines of credit with no upfront fees.-
Re: unsecured business lines of credit
jamesb1969 Jan 14, 2009 1:40 PM (in response to funds2924)Please call me 678 383 8438 james
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Re: unsecured business lines of credit
fbeezer Apr 3, 2009 5:54 PM (in response to jamesb1969)Hi James,
If you are still looking for Unsecured Business Credit, I did a lot of research and found Timothy at http://www.bficredit.com I was very skeptical about claims RE: Unsecured Business Credit but Timothy was very helpful and I would give him a call.
Good Luck,
Derrick -
Re: unsecured business lines of credit
jamesb1969 Apr 3, 2009 10:31 PM (in response to jamesb1969)If I had to answer myself this what I would say now:
Many companies will say yes to you with your 680, to get you "in the door". Then they tell you that you need their credit repair program first, for some additional price. The facts are; clients with 700 scores are being denied by some banks, so a 680 score really doesn't stand a chance. I search daily for better programs for my clients and I am yet to find one company to say yes to scores below 700 and deliver on the promise. There are several ways to repair your credit. Some ways are more expensive than others. You need to analyze your credit and see why your scores are below 700. Getting your score above 700 could be as simple as removing the inquiries from your credit report. We've had scores increase by 10 to 25 points just from inquiry removals. Since you have a Paydex score you might want to try some no PG programs. There are several no PG loans/lines of business credit builder programs out there. We use Magic Credit Builder, the name sounds corny, but I am direct and I over see all my clients files myself. I would advise a business credit builder program and credit repair simultaneously; then moving towards the unsecured credit programs.
Good luck
JDB Financial LLC
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I am looking for an unsecured biz line of credit. I have 680 + credit, my business has a website, biz phone number w/ physical address, paydex score, business plan, but I have been in business less than a year. Is there any lender out there who will approve me for a line of 20k or more?