Posts Tagged ‘old business’
should I wait on applying for a loan?
I'm a 22 year old Business major who has almost everything in line to open my own business. I am in need however, of a small loan to purchase a few things. The question is, I also just got a new Credit Card, and I'm hesitant to apply for a loan so shortly after already adding to my ability to rack up debt. The CC is a personal card, and doesnt [...]
Why does a small business have to pay a fee in order to get a credit report built & scored?How to do quicker?
Dun & Bradstreet was paid in March to create a PayDex score and credit file on my 8 year old business. Now that they have the money, they say that the creditors I listed are NOT D&B members, so D&B can not use them as a reference. D&B will not return any money paid to perform the service they were paid to do. As a small business, [...]
Anyone have experience with Merchant Account Loans?
I need cashflow for my existing 2 year old business & am considering applying for a merchant account loan which is based on my credit card transactions. Are these loans risky? Or are they a legitimate way of infusing cash into the business?
