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Cash secured line of credit, Coporate credit.
I went to the bank to day, met with a business banker and he told me of an additional way to build credit, corporate credit. Get a secured line of credit and of that line he was allowed to give me 95% of what I secured with the bank out to you as a secured line of credit.
He also said that the Minimum is $5,300 and the max is $100k+. But he said using that strategy, I can work my up from $5,300 to $100k+, all this is Corporate credit.
Anyone had any success that you feel can be directly related to this strategy?