Tag Archives: Lending Institution
Personal Guarantee for Small Business
A personal guarantee is when an individual agrees to be held responsible for assuming the debts of another person or business in the case of the borrower failing to pay back monies borrowed or defaulting on a loan or mortgage. This provides back up protection to the bank or other lending institution and gives them [...]
Posted in personal business cards
Also tagged Borrowers, Business Lenders, Business Loan, Business Loans, Business Operator, Business Person, Cash Guarantee, Credit Request, Debts, Defaulting On A Loan, Doubts, Family Member, First Car, Initial Application, Interest Rates, Monies, Personal Guarantee, Smashes, Young Person
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Personal Credit vs Business Credit
You have a fabulous business idea, you’ve done all the planning and projections and you have confidence that your business start up is sound. There’s only one thing missing. The cash to get it off the ground! You may be thinking that good ole’ Dad or good ole’ Aunt Betty will front you the investment [...]
Posted in personal business cards
Also tagged According To Plan, Apron Strings, Aunt Betty, Borrowing Money From People, Business Credit, Business Idea, Commercial Business, Credit Score, Dun Bradstreet, Extra Money, Financial Burdens, Investment Capital, Money Right, Personal Assets, Personal Credit, Personal Lending, Personal Loan, Rejection Letter, Small Business Owner
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Obtaining Business Credit – A Simple Roadmap
Obtaining the business credit to start a business or grow your existing business, even if your personal credit rating is less than perfect, is still possible even in these times of tight money. Securing business lines of credit will require some work on your part to get accepted when a lending institution reviews your credit [...]
Posted in personal business cards
Also tagged Business Credit Lines, Business Expenses, Business Liability, Business Lines, Corporate Enterprise, Credit Application, Credit Score, Debt Ratio, Debt Ratios, Establishing Business Credit, Lending Institutions, Personal Credit Cards, Personal Liability, Revolving Debt, Roadmap, Social Security Number, Sole Proprietor, Tax Time, Tight Money
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