So what I'm trying to do is get unsecured business credit so I can use that money for down payments for rental properties.
Any of yall secure business credit?
- Thread starter GoFlipAPack
- Start date
Silkk
Can't Change My Damn Avi :beli:
I was able to get the capital one cash spark card by applying with my personal info.
Did you have to show any financial info pertaining to your business?
Silkk
Can't Change My Damn Avi :beli:
Nope, was just like applying for a regular CC. It's under my name as well instead of my business.
how much credit do you need?
And how much are you willing to pay to get that credit?
u can get a business tradeline, that could get you 50-60k, for about $1k. It’ll take 2-3 months for it to all be reported tho.
Never personally guaranty any business credit.
Thats all I want is 50k. I Assume it's harder to get credit if you dont personally guarantee it? What documents will I need to get that business credit?
An Ein number. Then search for business tradelines.
theworldismine13
God Emperor of SOHH
You do business credit yourself ?
What do you need to get approved?
The money to get the tradeline. This isnt a one month process tho, you have to wait long enough for it to report to your Duns and Brad or other credit reporting services.