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Updated over 8 years ago, 05/15/2016
Business Credit vs. Personal Credit
Hello,
I have heard when applying for business credit, such as a loan in the name of an LLC, that personal income isn't as much of a factor as much as your business and personal credit profile. Is this true? Can you get a business loan with strong personal credit but low personal income?
If I want a business loan with good credit, low income and use my property as collateral?
Thanks!