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oldblue

What bank for business LOC?

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Personal scores were high 700s last I checked, no problems pging, sole proprietor been in business 8 years with consistent provable revenue and income, have 3 business cards(chase, amex, cap one) and 4 personal. 0% utilization across the board. Currently my business checking is with a credit union I'll most likely be getting away from. I have a personal checking with huntington and like them so I was thinking about opening a business checking and LOC there. Didn't know if there would be a better option for a high limit/low apr LOC.

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On 4/15/2018 at 7:21 PM, oldblue said:

Personal scores were high 700s last I checked, no problems pging, sole proprietor been in business 8 years with consistent provable revenue and income, have 3 business cards(chase, amex, cap one) and 4 personal. 0% utilization across the board. Currently my business checking is with a credit union I'll most likely be getting away from. I have a personal checking with huntington and like them so I was thinking about opening a business checking and LOC there. Didn't know if there would be a better option for a high limit/low apr LOC.

Where did you end up going for your LOC?

 

And what were the outcomes?

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20 hours ago, JayH33 said:

Where did you end up going for your LOC?

 

And what were the outcomes?

A local bank my buddy recommended for a business LOC. Got 25k at 10%, annual fees $95.

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4 hours ago, oldblue said:

A local bank my buddy recommended for a business LOC. Got 25k at 10%, annual fees $95.

And what local bank? 

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