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Old 05-16-2003, 09:31 PM   #1
Sly_RJ
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My first corporation...

So my first corporation is finally set up. Now I need some credit. Where can I get a credit card with a decent spending limit? Anything will do, I really have no idea how much credit a new corporation can get.

Help me out here!
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Old 05-16-2003, 09:32 PM   #2
bigdaddyc187
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Quote:
Originally posted by Sly_RJ
So my first corporation is finally set up. Now I need some credit. Where can I get a credit card with a decent spending limit? Anything will do, I really have no idea how much credit a new corporation can get.

Help me out here!

Get an american express card.
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Old 05-16-2003, 09:34 PM   #3
robfantasy
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Quote:
Originally posted by Sly_RJ
So my first corporation is finally set up. Now I need some credit. Where can I get a credit card with a decent spending limit? Anything will do, I really have no idea how much credit a new corporation can get.

Help me out here!
sly_rj do u have AIM?
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Old 05-16-2003, 09:36 PM   #4
Sly_RJ
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Quote:
Originally posted by robfantasy


sly_rj do u have AIM?
Metal7383

I'm not on it right now. What's up?
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Old 05-16-2003, 09:42 PM   #5
KRL
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Once you register a new corp, in about 1 to 4 weeks you'll start getting offers from all the credit card companies offering business visa, business mastercard, etc.

It's a pretty funny process. They all try so hard to suck you in.
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Old 05-16-2003, 09:49 PM   #6
modF
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Quote:
Originally posted by Sly_RJ
So my first corporation is finally set up. Now I need some credit. Where can I get a credit card with a decent spending limit? Anything will do, I really have no idea how much credit a new corporation can get.

Help me out here!
A friend of mine opened a computer store a few years ago, well he hooked up with a company which (for a fee) would basically borrow small sums of money then pay them off and such. I'll see if I can get some info from him abotu them.
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Old 05-16-2003, 09:54 PM   #7
EscortBiz
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Join Date: May 2002
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Quote:
Originally posted by KRL
Once you register a new corp, in about 1 to 4 weeks you'll start getting offers from all the credit card companies offering business visa, business mastercard, etc.

It's a pretty funny process. They all try so hard to suck you in.
but as the business owner in these days that deman you on the account and you sign that you will pay should the business fail, unless you are established etc.

they must of gotten raped
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Old 05-16-2003, 10:27 PM   #8
Lane
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Quote:
Originally posted by EscortBiz


must of
must have
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Old 05-16-2003, 10:44 PM   #9
dchottie
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To my knowledge depending on how you incorporated the business owner or CEO (you) will have to sign for any business credit and use your credit worthiness to guarantee any credit extended to the corporation. Now, with that said, after you have been incorporated for at least a year and had some sort of business trade or credit established for that year then they will extend credit to your corporation as an entity. For example, if you have an advertising account set up with a magazine or if you have cell phones in the business name. If you have personal cell phones you may want to switch them to the business name to help speed up the process. Same with utility bills even if your office is in your home. Anything ordinary that you deal with now that can go in the business name make that switch and the credit will come much quicker than you expect.
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