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Updated almost 4 years ago,

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7
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0
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Julian Riezgo
0
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7
Posts

Building Business Credit without a business

Julian Riezgo
Posted

I'm wondering how to access business credit cards if I don't have a business or haven't set up a LLC for rental property.

Would I be able to take my pay from my W-2 job and deposit that money into a sole proprietorship business entity, and that way on paper it looks like my business is making money? And since the business is making money, I could get access to business credit to be used as rehab money or even a downpayment? 

I've heard of business credit companies like FundnGrow, and I do plan on working with them, but I wanted to see if there's a way for me to start off building business credit (without an actual business, just a business on paper) on my own.

I might be completely wrong but that's why I'm asking lol, any help would be amazing thanks