Forums: Discussions for entrepreneurs and small business.

I have been aproached by a few lenders regarding Unsecured/Secured Commercial Lines of Credit. Just curious to know if anyone had a need for such a product and if it would be worth the time.

Obviously the unsecured has a credit criteria (620+) but to have a life line of $50K-$5M could be worth exploring.

Any feed back would be appreciated.

 

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Leonard Campbell
Dir. Business Development
leonard.campbell@gmail.com

Virtecom,

If you qualify and it doesn`t cost you a lot to get it, then it`s definitely worth while to get the credit line.  With any business, cashflow is king and if you get in a crunch, you`ll be glad you have the emergency money.

Good fortune!

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