A while back Dell business credit was backed by CIT and more recently they have been backed by Citi. I applied for a business credit account from them today and low and behold they are backed by CIT again. This bothers me because a number of things are happening in the business credit world that [...]
As I guess you would have figured out from my previous post, I was getting a bit worried that staples, and more broadly, business credit accounts are either diminishing or tightening, but I cannot seem to find the logic in it. When I applied to staples this time, if I were to get denied, I could have simply [...]
Something new is up with Staples Business Credit. They are underwritten by Citi still, as far as I can see but so does Office Depot. Ok, I am rambling, here is the situation. I applied for Office depot about 2 weeks ago with a 4 year old corp, 6 trades, 10k high tradeline, the works. [...]
In keeping with covering an expanded range of topics outside of simply business credit, I decided to post on some tips that I have used in the past that helped me boost my personal credit score. We all should know that late payments affect our FICO score as well as possibilities for future credit line increases, and [...]
Since I am gotten into the business credit industry I have gotten more questions than I will like to admit about buying real estate with business credit. A couple years ago it was possible, but extremely difficult to get a commercial mortgage with no PG, and it is simply impossible to get it now. Strangelyenough though, [...]
Defaulting is something that we know occurs, it really does, but I try my best not to talk about it because many people who acquire business credit seem to think that it is ok to default once there is no personal guarantee in the business credit account in question.
We all strive to acquire lines of credit, whether [...]
