What kind of credit is needed for a large business loan?
jt6341 asked: I’m wondering what kind of credit is usually required for a business loan. I’m looking to buy a business but curious if a credit score of 600 could get a quarter million dollar loan?? The business generates major profits. Any information would be great. Thanks
August 19, 2008
• Tags: Business Loan, Buy A Business, Dollar Loan, Profits, Wondering What Kind • Posted in: Small Business • 2 Comments
If a business qualitfies for a SBA loan, does it mean it is making a profit?
Little Hulk asked: If you are looking to buy a business, and the business states that it will qualify for a Small Business Loan. Does that mean the business is “Less” of a risk than other business’?
July 17, 2007
• Tags: Buy A Business, Buy Business, Risk, Sba Loan, Small Business Loan • Posted in: Buying & Selling • 1 Comment
