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prosperitypower Business Lines of CreditHere is my first podcast in a while.  With this I’m starting a series of Small Business interviews.

My first interview is with Pat Gage about business lines of credit.

Here are some of the question I ask.

  • What is business credit and why do I need it?

  • Does this system work only for big companies?

  • Will this system work with any type of business?

  • What are the advantages of Business Lines of Credit?

  • Can’t I just use the equity in my home to fund my business?

  • I really do not need another Credit Card?  Do I?

  • What can I use the Business Lines of Credit for?

  • What are the interest rates that the banks charge for this type of credit?

  • What does unsecured Business Lines of Credit actually mean?

  • Why do banks and lending institutions do this type of loan?

  • Are there any Fees associated with these lines?  Up front or monthly?

  • What types of Business Credit are there?

  • How many Business Credit Bureaus are there?

  • What if I have Good Personal Credit, will these loans hurt my credit?

  • What if I have Bad Credit can I still apply this system?

  • Typically how long does it take to get started in receiving these offers?

  • What if I do not pay these loans back?

  • What have you raised in the last year of Business Credit?

Plus more.  Enjoy. You can also get this as a podcast in your favorite podcast application.

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