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Old 09-15-2007, 10:20 AM   #1 (permalink)
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Can I get business credit if my personal credit is bad?

I am starting a new business and need more funding I have got my father in law to help me with a line of credit now I need more to sustain we are just beginning what do you suggest???
 
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Old 09-17-2007, 08:56 AM   #2 (permalink)
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I would suggest that you straighten out your personal credit, prior to enter a business venture that will rely heavily on credit.
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Old 09-17-2007, 03:17 PM   #3 (permalink)
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Good advice. Until you get an established business that has been operating for several years, most of the business credit you get will rely on a personal guarantee. That means that your personal credit will be checked and considered before you are granted credit.

Get your credit reports and start cleaning up any inaccuracies that you find.
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