Auto Vehicle Loan

[Manolo D.]

Not sure where I could post this, but we are looking for someone, or some entity, or a point to the right direction where we could buy the vehicle UNDER COMPANY CREDIT, one of the owner of the business has bad credit, the other is average , and the other is really good but don't want to sign his name under it. We have 2 goals here, we want to go with a loan from a lender so we can build business credit score, second is to develop a relationship from a lender. We can afford to buy them cash free and clear but we believe that even a 10k loan for a 35k vehicle might help with our credit score. Again, our main goal is to build business credit, so the company alone will qualify for business loan without shareholder guarantee. On another note, if someone can recommend a turn-key company who can help us build our credit at a reasonable fee, it would be great. I know everyone says it is easy, but juggling with daily activities, it is much easier for a separate set of eyes and guidelines plus comply whatever it takes for us to get it and to simply sign on the dotted line.

[Pavlos Kasselouris]

If your goal is to build building credit do it as Allen says above. Just get a loan with a secured CD on the back end. Thats how I started building personal credit and work just fine. Also I got for my company Home Depot and Lowes credit cards using my SS but the cards are in the business name. Thats another way to start building business credit.