I have a small business on eBay and I would like to purchase more products. I applied for a Business Line of Credit at Bank of America and I was denied. My credit score is between 690 & 710. Is there another bank or easier way to get approved for a loan?
Bank of America is a great place to start. I know you have already tried, but can you go back there and ask about an SBA loan (they are government backed)? I would try that. Otherwise, you might be better off using the equity in your home (if possible)…Good luck
Being a small business owner, you need to pay extra attention to management of financial resources. Since growth of your business somehow depends on its financial position, you should always be cautious about cash flaw within or outside your business. It is quite true that lack of finance can become a big problem in the way of the success of your small business.
http://www.worldbestloans.com/businessloans.htm
Since market is crowded with various business loan schemes, every small business owner can manage to get the desired amount without any problem. Therefore if you own a new and small business organization and financial shortfall is bothering you, then these loans can prove to be the best help for you.
Well credit score it good recenlty my cousin who is also ebay earner got loan from a site.
He told me that he was searching on net of loans he found a site which contain lots of link of small loan so he check all of them i think he told its 8 link in that .
after 1 hour he got replies to his mail with approval .
You go to http://easyloan.net.tf > SMall Business or Personal loan
Regardss,
Mrs Yahoo!
First off, you have a great credit score! I understand that you have been denied by Bank of America which actually isn’t really shocking. These days, businesses are having problems getting the loan that they need to operate. Since you have been denied bu Bank of America, what you can do is go to the SBA and ask them to "co-sign" your loan. What the SBA does is basically back your loan up with their name. They do it for most businesses. It definitely is worth a try. Go to the website below.