Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago on . Most recent reply

User Stats

29
Posts
0
Votes
Brad James
  • Developer
  • falken, ks
0
Votes |
29
Posts

New corporation lending, credit card?

Brad James
  • Developer
  • falken, ks
Posted

We have a few investments in real estate but another corporation just established as a machine shop we worked with for many years. Maybe 50K in assets right now. We are is desperate need of expanding the business and curious how to get funding for a new machine and a multi-use building? We are considering credit cards but getting a high enough credit limit out of the blocks is tough.

We need around 150K but even 75K would be huge right now for that business. The new machine can pay that off in a year easily but we have to get it here! Ideas? Should we be applying for a personal small business card or is a corporate card the way to go?

Loading replies...