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My father passed away in 2008 and I took over his business at that time. We have been in business for 43 years; however, I can't get ANY help!! No lines of credit, no cards, no small loans..all because I don't have two years of taxes as the business owner. This is killing me!!! I need a very small line of credit or loan..or something to help with working capitol. What do I do??
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salsera222
1 year ago
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Well if you have good credit, you could simply get a small business credit card. Those cards are written against your personal credit. They have helped me in the past.
hardeight 1 year ago
Talk with some of the loan officers from your local credit unions. Some of them are more likely to lend to a small business without much credit history than major banks. They may also have some other flexibility that typical banks would not have either. May also want to talk with the local chamber of commerce, as well. They may be able to assist in some way, as well.
phnxangell 1 year ago