Re: Getting a corporate credit card for an LLC w/o income? - Saab General Bulletin Board - Saabnet.com
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Re: Getting a corporate credit card for an LLC w/o income?
Posted by Dean C [Email] (more from Dean C) on Sat, 9 May 2009 07:29:46
In Reply to: Getting a corporate credit card for an LLC w/o income?, Caarma [Profile/Gallery]
, Thu, 7 May 2009 14:53:35
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I'm sure they would make you sign a personal guarantee fo the credit card. As long as your personal credit scores are good, you shouldn't have a problem unless you are asking for a very high credit limit.
I have two business credit cards for a company I am an officer for. I went to restructure the credit limits on the two cards (not increasing or decreasing credit limits, just making both the same limit) and they wanted me to sign a PG for the cards whereas two years ago I didn't have to sign a PG. They presently are $75K limit on one and $25 limit on the other and I wanted to make both $50K. Have been working with the bank on this for over two months now and it looks like it won't get completed as I'm not going to sign a PG.
Posts in this Thread:
- Getting a corporate credit card for an LLC w/o income?, Caarma , Thu, 7 May 2009 14:53:35
- Re: Getting a corporate credit card for an LLC w/o income?, Dean, Sat, 9 May 2009 21:05:21
- Re: Getting a corporate credit card for an LLC w/o income?, Dean C, Sat, 9 May 2009 07:29:46 <-- Viewing This Message
- Re: Getting a corporate credit card for an LLC w/o income?, Caarma , Fri, 8 May 2009 07:56:04
- I don't know the technicalities of an LLC but, Bill Homer , Fri, 8 May 2009 06:20:54
- LLCs, NHWayne, Thu, 7 May 2009 18:46:07
- It goes against your personal credit, newwithasaab, Thu, 7 May 2009 16:32:14
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