|
|
|
|
How can I overcome poor credit?FSB expert Patrick Thean explains how to get financing in this tough situation. (FSB Online) -- Dear FSB: I have experience in business and hope to start a new venture in the future. However, because of some mistakes in the past, my credit is in poor condition. How can I get financing in this situation? - Robert Khachatryan, Glendale, Calif. Ask FSB
Get small-business intelligence from the experts. Here's a chance for YOU to ask your pressing small-business questions, and FSB editors will help you get answers from the appropriate experts.
Dear Robert: I would recommend seeking startup financing from friends or family or concentrating on finding a customer who will help you generate enough cash flow initially to boostrap the business. For entrepreneurs who are already in business, banks may be willing to provide financing based on the value of any receivables. The key is to prove that you have reputable clients with a good track record of paying their bills on time. Did you overcome a bad credit score? Tell us how you bounced back. |
Sponsors
| ||||||||||
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Privacy Policy
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
