I want to get a business loan but have somewhat bad credit from some financial problems I had a couple of years ago.
      Answer1:One great way to improve your FICO score is to get a secured VISA or MasterCard. A secured credit card is one in which you open up a savings account with the card issuing bank. This savings account is used as a security deposit for your credit card. Your credit limit is based on the amount that you deposit into the savings account.Once you have established a good record of payments on the credit card, the savings account funds are returned to you. Only use this secured credit card for gas or a few small purchases each month. When you get your bill, pay it immediately but overpay it by about $10 - $15. That way you always have a negative balance. The FICO system accelerates your credit rating quickly by doing this. Just make sure that you NEVER are late on making that payment.This method worked very well for me when I had very bad credit. After receiving my secured credit card, it took about 8 months before I was receiving pre-approved non secured VISA and MasterCard offers from large banks.

I tried the bank. The business I am buying is a service company so I am only buying clients the bank said "no assets no loan" they want something to auction if it fails. I have 10+ years experience need help. Any suggestions out there?
      Answer1:They are looking at your experience as an employee, not as a business owner - different beasts all together:)Will the person you are buying the business from finance you with a smaller down payment? Wouldnt hurt to ask because they may have the financial track record that you do not.If they have been in business any length of time, there should be a client list, trade agreements or something that you can leverage for a smaller loan. If they dont have any of these, you might want to rethink buying this business - even if you had the money.
      Answer2:The credit union where I have only would give me a $10,000 loan and I would pay for the loan like any other person at 10-15% of the loan. The person in the credit union would not give Donald Trump a higher loan even though he has great credit. My question to you is can you afford to pay the $50,000 over a period of time? Talk with a realtor or mortgage broker and let them see if you can afford to pay this amount. You will be borrowing money from someone and I know they will want their $50,000 + interest + other charges back in their pocket.
      Answer3:search: Business Empire Magazine (get error when i put link)they have a lot of information on cost efficient ways to build and grow a business. The general information should be able to answer your questions

the bottom line is i dont want to let the buyer know who is the supplier
      Answer1:Your question is not quite clear. A letter of credit is opened by a Purchaser favoring the Seller. As I can make out from your question, it seems that you would like to make some purchases for your customer and you know the source who can supply the goods, but you do not want disclose to your customer the source of the supplier for the fear of losing the sale???If the transaction is recurring and it can be assured that you will get regular order for the product, you can establish a sole dealership agency on a long term basis with the seller in which a specific term will be included that the seller will supply goods in your area only through your firm. It may also be provided that any sale made by the seller to any one else other than you, your firm stands to get a stated commission.It is difficult to hide the source of supply, unless the goods are packed specially indicating that the goods are supplied by your firm.For example, K Mart purchased apparels from Pakistan with special labels stating that goods have been manufactured in Pakistan for K Mart and the label does not indicate the name of the manufacturer. In this was the identity of th manufacturer is hidden.

Do you people know any good resources for credit repair business?.--Answer1:I would recommend you to have a look at http://www.credit4profits.com which can assist you in your desire. This business is getting better these days.

What are the best ways to start a credit repair business?.--Answer1:Credit Repair Business Opportunity ExistsA lot of people go through life accepting the hand dealt them. But when it comes to credit issues, they simply do not have to do this. Credit repair business opportunity exists to help these individuals get the most out of their money.The credit repair business opportunity market is pretty extensive. As more people find they need good credit to perform life’s simple tasks, such as buy a home or a car, the need to improve shortcomings becomes very evident.While some people turn to lawyers to assist them, the credit repair business opportunity for lay people is just as ripe. In reality, a well versed person can help others immensely through the application of this trade and they don’t have to charge an arm and a leg to appreciate real returns.Those to dive into credit repair business opportunity offers should do so with a mind towards helping. While there are plenty of pray on those in bad situations, reputable businesses do not. Expect to be compensated for your time and effort, but remember it is unethical to overcharge people – especially those who are already in financial dire straits.To take advantage of credit repair business opportunity offers, there are a few ways to proceed. Let’s take a look at these ways. They include:Software programsSome people take advantage of credit repair business opportunity by simply helping others get their hands on the tools necessary to get the job done. Whether it’s by creating affiliate sites for reputable programs, or designing a program themselves, this credit repair business opportunity is one that enables people to help themselves. It’s not a bad way for the uninitiated to get into the craft either. Since the programs themselves provide the legal materials necessary, all a person looking for a credit repair business opportunity needs to do is find a program they can promote and believe in.Personal assistanceSome who choose to follow credit repair business opportunity offers do so in a manner in which they can get involved with clients. Licensing might be required in this case, depending on the state, but in general these people help others repair issues with their credit reports and assist them on the road to rebuilding credit. This credit repair business opportunity will require a lot more hands-on work and knowledge, but it can be very rewarding. People in this credit repair business opportunity do the legwork for their clients and enable them to be free of the tedious issues behind credit repair.Credit repair business opportunity is available, but it’s up to individuals to step through the door. There are some credit repair business opportunity offers that don’t even require training, too, so it is fairly easy for anyone to get involved in the process that helps others.Milos Pesic is an expert in the field of Credit Repair and runs a highly popular and comprehensive Credit Repair web site. For more articles and resources on Credit Repair related topics, Refinancing, Credit Counseling and much more visit his site at:=>http://credit-repair.need-to-know.ne...