BizLender 0 Report post Posted August 19, 2009 We have a new financing program that works well for financing rehab costs. If you don't like this one, check out our other $100K bank lines of credit on our website. It is a NO BANK QUAL program. BUSINESS CREDIT OF $100K AND UP - NO UPFRONT FEE/NO RISK You can receive multiple business credit card accounts in the name of your business (corporation) in amounts of $10K to $25K. Each month you receive 3-4 of these accounts over 2 months. You may continue to apply for new accounts to reach $100K and possibly more as new banks are added. Unlike other business credit programs, there is no upfront fee! These are business credit card accounts. Typically 0% interest for first 6 months. Plus convenience checks are typically sent out from the credit provider offering 0% interest for a year. It takes about a month to get the first round of credit. Details• Business credit card accounts, $10K to $25K each• Obtain as much as $100K, possibly more• Interest rates typically 0% for first 6 months• May receive convenience checks, 0% interest for a year• Approximately 1 month to first round of credit• Pay only on the credit you receive• Interest rates typically 0% for first 6 months RequirementsMust have a corporation (age not a factor, can be new) with Federal tax ID/EIN number Any officer of the corporation must meet the credit guidelines below• Minimum 700 credit score on all 3 reporting agencies• Maximum 40% credit utilization to credit available credit• No derogatories on credit report (old minor derogs may be accepted) If you personally do not meet the credit requirements you must have an officer in your corporation who does and is willing to sign a personal guarantee. CostNo upfront fee15% on credit received Call me, Paula Serber, now if you would like to take advantage of this program. See our other $100K bank lines of credit program - great for real estate investors - on our website. www.BusinessLoanCafe.com866-880-8808619-793-5559 Share this post Link to post Share on other sites
