qondio.com/Icl6 PRINT EMAIL
Business Credit Motivation I wanted to tell you about a story I heard today. There is a man who owns two businesses. Lets call him Sam for now. Sam owns two businesses and they both have the exact same credit report. Both businesses were incorporated on the exact same day. But for some reason when Sam applies for business credit, one corporation will get denied, the second corporation will be approved. Or sometimes its the other way around. Why would this happen you may ask? One reason may be the industry of the business. If the real estate market is down and you own a real estate business, creditors may not want to loan you money. Consider how the overall market is for your business when applying for credit. When the market is great the banks are more likely to give credit than if the market is in a recession. There could be any number of other reasons why one company may get different results than a company with the exact same business credit stats. The best bet is to call customer support and try to get approved manually. Good luck and happy approvals!

Contributed by Explode Business Credit on May 18, 2008, at 2:21 AM UTC.

Reactions

No reactions yet.

Rate This Intel

Please login or sign up to rate this intel.

Comments

Please login or sign up to add a comment.

Share

Copyright Notice

The copyright for this content entitled "Business Credit Motivation" has been specified by the contributor as:

All Rights Reserved

This content may not be copied, distributed or adapted by anyone under any circumstances.

Login Here with Any Email Address Any Password Remember login No account? Sign up.

Intel Contributor

This intel was contributed by Explode Business Credit

Qondio Archive

May, 2012 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2008 January, February, March, April, May, June, July, August, September, October, November, December 2009 January, February, March, April, May, June, July, August, September, October, November, December 2010 January, February, March, April, May, June, July, August, September, October, November, December 2011 January, February, March, April, May, June, July, August, September, October, November, December 2012 January, February, March, April, May

Sign Up

Not a member yet? Qondio is a powerful network for making it online. If you have a website to promote, we can help. Sign up and get in on the action.

About Qondio

Welcome to Qondio! Discover the awesome power this network can deliver by going to our About page. Or you could skip straight to the Sign Up form.