A BUSINESS PLAN THAT REQUIRES CREDIT RIGHT AWAY

[CreditMagnet]

The business I am setting up is all about doing due diligence on already established and income producing businesses and acquiring these businesses through credit card and paypal purchases.

 

 

How in the world can I be required to show profits for a couple years before getting credit when my business requires it from the start?

 

 

I would think that this requirement of my business plan would help me get credit lines right from the start?

 

 

How can I get credit right away so I can get my business of purchasing other businesses off to a good start?

 

 

Thanks, CreditMagnet

[bosshaug]

Business credit is built over time--there are no shortcuts. If you bring on a partner with excellent income who can personally guarantee any credit lines you may apply for, this will give you a jump start.

 

What type of business is worth purchasing with a credit card?