Bank suggestions for unsecured LoC?

[Sam T.]

Hi all, I'm on the hunt for a good bank open an unsecured line of credit with. I've called around to a few already and the standard reply I've been getting is that they cap their credit limits at half of the borrower's liquid assets value; nothing to do with income. I'm just getting started (only have one rental at the moment) and have little in liquid assets.

I'm fortunate enough to have a good income though, so I'm trying to find someone that will approve me for a good sized LoC based on my personal income and credit score/history, as opposed to only my liquidity. Any suggestions?

[Account Closed]

For a different company that I own, I have a $100k signature line of credit from Synovus.  It is in MY personal name and is solely based on my personal credit score and income.  However, it is listed as a "business" account so it does not hit my personal credit report at all.  They were VERY SPECIFIC that "at this time" they are not reporting it onto my Credit Report but "at any time in the future" they may start without any warning to me.  

If that meets your need you may want to reach out to them.  They may not have the slick web site and the cool app that some of the big banks do but they sure have been easy to work with...at least that has been my experience.  

Good Luck!

--T