Posts Tagged ‘Business’

by HelpAge

Question by Mary N.: Income from the Internet and Small Business loans?
1.I am looking for legitimate ideas for making money from my home office on the internet. Is anyone willing to recommend some honest ones?

2. Also,does anyone know where you can get a small business loan when your credit has afew blemishes on it? (Companies, organizations, individuals…….???)

Best answer:

Answer by StanTheMan
Yes I can help you in every aspect of your question but you will have to contact me at my GMAIL address listed in my profile.

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by oemebamo

Question by Joaquin M: Is it better to use Paypal or get a 3rd party free merchant account if I have a high risk business?
I have a growing high risk business. Do I keep on using Paypal or get a merchant account as my biz grows? Is it safer to opt for a 3rd party high risk merchant account provider?

Best answer:

Answer by Joe C
Although I have used PayPal, I’ve heard a lot of unfavorable things about them.

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Question by Snaps: What’s the best resource for information on starting a payday loan business?
What’s the best resource for information on starting a payday loan business?

Best answer:

Answer by SkyeBlue
A good place to start might be running for office and becoming a politician, that’ll give you experience on how to be a parasite that preys on poor and working class people for your livelihood.

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by crowolf

Question by piratepride2: What is the best way to finance a new franchise. What are the basics on Business Loans?
I am looking at a business with a start up cost of 5,000. The biggest obstacle is financing my business. Im just looking at basic info now for getting a business loan, andhow easy is it to pay it off.

Best answer:

Answer by Ed Atun
Most of the big franchises want to see proof that you have apx 0,000 in cash to get you thru the bad times. There are not many sources for this money. www.prosper.com (not my website) will arrange loans to you from investors. If you use a venture capitalist he will demand 51% of the ownership. Friends and family are always the best.
I owned 2 franchise restaurants.

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Question by Hank Thomas: How can I improve my business credit rating?
I’m looking to start a business. R&D is going to take 12-18 months at which point we’ll decide if we want to look for funding.

Given the possibility of asking the bank for the loan in the future, I was thinking of incorporating now. Securing a corporate credit card with some assets and building a credit rating for this new corporation in the mean time. Does anyone have any experience with this? Would the bank care?

Best answer:

Answer by shipwreck
Business credit isn’t like personal credit. We use Dun and Bradstreet to check on the credit of people we might sell to. My company has no debt at all we own all our assets so our credit is simply accounts payable. We don’t need to build credit like a human buying things on credit, we don’t even have a company credit card. If we should need a loan sometime we would take a copy of an audited financial statement to the bank if they required it.

When we work on a ship we need to know the value of the ship and how much debt it has. Dun and Bradstreet will have all that and if the company and ship aren’t in good shape we would require cash in advance and the balance paid before departure.

Small businesses use the credit of the owner since the owner signs personal responsibility for all loans.

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by Orin Zebest

Question by Rainy: How does a business start excepting credit cards that has never taken credit cards before ?
we have a small business and want to start excepting credit cards as payment but don’t know where to start ?? do I call the bank or visa or master card ??

Best answer:

Answer by pooltamer
You need a merchant service account. There are many companies out there that can provide this for you. I would search google for “merchant services” this should give you a lot of choices. Be careful though! The merchant service industry makes there money trying to confuse their clients. There are different rates for swiping a card or punching the numbers in manually. If a customer uses a reward card you are going to pay a higher rate. You MUST shop these rates against at least three companies. Good Luck!

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Question by Serious Answers: Where can I find information on small business loans for women (maybe grants even)?
I want to make things on my own and sell them, and maybe if it takes off good hire a seemstress ect… but I need money to buy the materials and tools to make the stuff, basically I need a small business loan or a grant that I would not have to pay back on immediatly or ever. I’m a woman so I know sometimes the government gives special preferences to women trying to start businesses, does anyone have usefull info and links?? Thanks!

Best answer:

Answer by ADA M
I would start with the colleges business division and ask them. Some colleges have a small business office on campus and you don’t have to be a student to use their services.

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by NCinDC

Question by Dina N: What catchy slogans are there for the Mortgage Home Loan Business?

Best answer:

Answer by Flyleaf
“We gotcha covered” no, better yet…something like…
“Making you feel right at home”

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by Renegade98

Question by Chelsea: Is there any one or business that offers personal loans for people with bad credit?
Okay, I have a friend, that needs like ,000 to pay off some bills, before she gets in anymore debt. She makes about 00 a month before taxes, doesn’t have any kids or anything. I wish I could help her out, so thought I’d come here to get some advice for her. Is there any business or website or anyone that loans out money to people with bad credit and does like a 12-18-24 months loans? She tried Prosper, applying for loans, but that didn’t work and just worsened her credit rating. Like an I.O.U., promissory note or deduct the payments from paypal or bank account or something along those lines, so they know they’re getting their money back. Any help will be greatly appreciated. Thanks!!!

Best answer:

Answer by ontopofoldsmokie
I know I will not get points for this but, she should find a way to make k without borrowing. She should get a second job. She could pay off k in very little time with a second income. If you talk to creditors and let them know when and what you can pay they will usually let you. You can not borrow you way out of debt.

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by Kaibab National Forest

Question by zachary b: Who can start a credit repair business?
Who can start a credit repair business?

Best answer:

Answer by Flyby
I would say anyone can start a credit repair business as long as you know what you are doing. I would ask what you know about it. If you have experience repairing your own credit then you might be able to assist others who may need your services. You need some experience or background before attempting to tell others how to do it.

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Question by Santiago E: What does a credit repair business really mean?
What does a credit repair business really mean?

Best answer:

Answer by da goddess
I just listened to a very interesting radio program on this very matter. What it said is that they are a scam. The only person that really benefits is the company taking your money. They charge a monthly inflated rate to help settle your credit.

The radio program stated that you can do the very same thing on your own with out paying the company’s inflated rate especially in today’s economy.

You simply need to call your creditors and make arrangements to stop inquiring interest. Most creditors are willing to aid in helping you pay off the bill verses having you file bankruptcy and then they receive no money.

So, call your creditors. Be aggressive yet kind and patience to make agreements with your creditors to stop interest and payment arrangements.

Good Luck

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Question by Joel M: Small business loans/grants, where are they?
I want to start a small automobile sales dealership, I have 11 years in the automobile sales business, and I would like to know where I can go to find small business grants or loans, I need between 0,000.00 to ,000,000.00

Best answer:

Answer by trh2000_2000
Go to a bank or lender.

Now here is the part where you get a whole bunch of loan advertisements.

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by Find Your Feet

Question by fatbabyceesay: Is there any company that gives small business loans based on?
the TransUnion credit score? There is a 100 point difference in the scores between TransUnion and Experian. I don’t understand why. Where can I get a free copy of my credit scores? I know I can pay. I just don’t want to.

Best answer:

Answer by joannaserah
Talk to your local bank/credit union. They can usually run a credit check and calculate the credit score for you. Some use all three, others just one. But almost all places I know that are going to give out loans will look at all three major credit reporting agencies.

These are different reporting agencies and only have the information that has been reported to them. So, there must be some debt or bad payment, etc. that has not been reported to one of the agencies. That happens sometimes.

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Question by lakersfan8247: What is the speed limit in a business area?
Also what is the speed limit in a residential area, i keep getting different answers and i need to know cause im taking my permit test in 6 days. I live in California by the way =)

Best answer:

Answer by it_lady85
105mph

Joking…not sure about Cali driving laws, but just look it up.

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Question by Greg: I am trying to start an online business and i am was wondering is any legit bad credit loans not a scam?

Best answer:

Answer by Joe
Once in our life, we got scammed in many ways. Report your scammed story to http://www.igotscammed.org. Share you story and let others beware so that they don’t get scam like you.

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