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    0 Replies Latest reply on Mar 9, 2009 11:00 PM by Mamie2010

    Lines of Credit ... business credit cards

    Mamie2010 Wayfarer

      I'm in a catch 22 ... I think I need to form an LLC and obtain financing prior to making an offer on the location that I want for a restaurant, but without this location I won't open a restaurant.

      I went to the bank to get a $40-$50,0000 line of credit but was turned down even though I had $20,000 that could be used upfront to make the payments. Are there banks that issue a new business line of credit, or, is there a quick way to get business credit cards?

      thanks