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Updated over 3 years ago,

User Stats

13
Posts
2
Votes
Jose Garcia
  • Flipper/Rehabber
  • Orlando, FL
2
Votes |
13
Posts

Advice/Tips on Business credit for starting out w/ fix and flips?

Jose Garcia
  • Flipper/Rehabber
  • Orlando, FL
Posted

hey so i was wondering if someone can offer some guidance or advice on how business credit cards/business loans/business lines of credit work. also what is the difference between the 3? any good reputable companies i can try applying with? no current income to report but i have decent credit (690+) and have had my company since 2019. i just created a DUNS number, and have a business credit card with capital one with a credit limit of $2000 and have an experian business risk grade of B according to NAV (NAV is like a credit karma for your business from what i understand). im trying to get this funding to jumpstart my fix and flip business any and all help is greatly appreciated thanks!