Business Finance Coach
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"You will need to use comparable credit to gain increasingly larger business loans."

What is comparable credit?  Let's say you are looking for $50,000 on a business only loan that is for working capital.  Any lender who is going to extend to your business $50,000 in cash will first want to see that some other type of lender has extended at least $50,000 to your business. 

Therefore, the working capital lender is looking to see "Comparable Credit" on your business credit reports.  Not having this "Comparable Credit" means that your application for an unsecured working capital loan is most likely declined.

So how do you solve the issue of Comparable Credit?  Inside the Business Finance Coach

BE CAREFUL! Just like with your personal credit, over doing it or trying to go too fast can destroy your business credit scores.



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