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Business Income Questions

PoorGirl

By PoorGirl,
in Business Credit

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The last post in this topic was posted 1054 days ago. 

 

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PoorGirl

PoorGirl

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How much does business income matter? If I have a good PayDex and my business has been open for many years, could I be denied for too low revenue? They would probably give me the option to give PG?

 

I've read that for some credit card applications, you can put your estimated future revenue. How do I know when I have to put the real amount (low) or if I can predict business income for the coming year?

 

Generally are they only going to ask for one number for revenue/income? I'm surprised they don't want to know multiple years for certain applications, but I guess loans may be more thorough?

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