I’ve heard these can be found, but I don’t know where to find one. I’ve been in business 20 years and need to find 2 unsecured lines of credit for 25-50K each, without signing a personal guarantee. I own a corporation and already have too much of my personal property on the line, yet I need some extra cash right now for working capital. Any suggestions?
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Where can I find an unsecured, no personal guarantee, business line of credit?
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about the only chance i can think of — can you sell your accounts receivable? ["factor"]
you aren’t going to get an unsecured line from any bank but the one you’re already doing business with in this market — they aren’t looking for added risk. and my guess is you wouldn’t be asking here if your present bank hadn’t already turned you down.
Try going to 12558 W. Sucker-proof Lane, New York, New York…