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    2 Replies Latest reply on Apr 8, 2009 12:52 PM by omegafunding

    Where can I find an immediate capital loan for business

    5starfab Wayfarer
      I am in need of an immediate loanto keep my business afloat. If you have any information that might help please contact me at 5starfab@earthlink.net. Thank You
        • Re: Where can I find an immediate capital loan for business
          Wayfarer

          A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own.

           


          Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information.

           


          Good luck,

           


          Ilya Bodner

           

          Small Business Owner

           

          Initial Underwriting Group
          • Re: Where can I find an immediate capital loan for business
            omegafunding Newbie

            We might be able to help. PLease contact us to discuss your particulars. The business what you have done and your future plans.
            Regards
            Pat
            Omega Funding, Inc
            http://www.omegafund.com
            720-279-4345
            info@omegafund dot com