Business Lines of Credit

Here 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.

[gplayer href="http://abundanceunlimited.com.s3.amazonaws.com/BusinessLinesOfCredit.mp3" ]Business Lines of Credit[/gplayer]
Or download Business Lines of Credit mp3

Tags: financing