Yes and No. Yes, if your company does not have an existing credit score, such as if you are just starting your business. They will base the decision to give you a loan or not on your personal score. However, if your business is already up and running and has had credit on its own, then they will base it off of your business's credit score. This takes a lot of time to build a business' credit score to a good one, just like it does with someone who has never had any credit and is borrowing for the first time. How much of a business loan do you need? In what time frame do you need it in? Look into small business grants and loans. You can find more information about them at www.sba.gov.
Answer by JeremysMom at 11:30 PM on Jul. 9, 2010
Answer by connorsmom1970 at 8:24 PM on Jul. 9, 2010
Answer by Christine0813 at 8:24 PM on Jul. 9, 2010
Answer by ManicMomma02 at 8:27 PM on Jul. 9, 2010
Answer by SAHMinIL2 at 10:18 PM on Jul. 9, 2010
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Do you have a family favorite recipe for seafood gumbo?