Business Credit | Forum profile

QUOTE (teamgreen @ Nov 30 2009, 09:19 PM) Anyone use these guys. Looks like a non-profit microlender. I was thinking of trying them because I meet all of their criteria easily. Says they lend up to 50k. This may be worth checking out looks good so far I'll be reading up on them and finding out more to let everyone know if it's legitimate or not. But on the surface it looks legit.

Personally, I use B of A for my merchant account. I don't use their checking services, the money just sits in a sweep account and is transferred to my primary banks every night. Rates are on par with other processors, approval was easy (I burned B of A in BK), and the cash is available next day. Paypal is fine if you are a smaller business, just trying to do some online sales on ebay or something, but if you are a serious business, you...

QUOTE (notsomuch @ Nov 30 2009, 02:13 AM) Wow. Intelius is scary. I've done pretty good staying out of the search engines. Or, so I thought. Thanks for the info. Compared to Choice Point and the other major data miners and aggregators, Intelius is a pussycat.

QUOTE (greywolf @ Nov 30 2009, 11:45 AM) QUOTE (800FICO1 @ Nov 30 2009, 11:05 AM) QUOTE (greywolf @ Nov 29 2009, 10:06 PM) Unless a p/l statement is audited it is worthless to a bank, checking statements carry much more weight. All that matters, for the most part are the deposits, and the average balance. +1 I second that, Molly that's why banking statements carry much more weight then a...

QUOTE (biznizkartel @ Nov 30 2009, 11:15 AM) sorry to barge in on all the fun, but some of you all are down grading paypal and prostores, so i wanted to know who is the best company to enroll with as far as receiving payments from your clients or purchasing merchant accounts from? I have experience with Card services International myself. My rates are high and I'm in the process of shopping rates. I've had clients...

It's hard to say but from what you have told us I would say you have files already established, you won't know for sure what is in them till you purchase your reports. Make sure you get the cheapest one's as they can get costly. [/quote] The reports are expensive compared with personal. May i know where should i find the cheapest one in the market?

They did let every one know ahead of time they will be reporting on the personal credit reports. Also carrying very high balances any card issuer will get worried. Normally I do not spend more than 30% of my limit. If we keep the balances around 30% range and pay it on time they dont have any thing to worry about.

QUOTE (act1 @ Oct 21 2009, 03:06 PM) Try hard money right now they love commercial. Hey act1! Thanks for the info. Are there any companies that you would recommend? I'm looking to get the process started. This post has been edited by thisyear : Today, 03:19 PM

Yeah, the waived set-up fee and first two months free are nice :-)

QUOTE (caliman10 @ Nov 27 2009, 12:46 PM) Hi, I really need to get every ones feedback on this. We all know that Capital One is know Reporting to Personal Credit. We need to find out why? One thought is they are doing it to get people to pay of there balances and then cut there limits once it is paid off. They may be cashed strapped. If you experience a cut credit after you pay of capital one business line or business credit...