Comments on: Small Business Fights to Stay Alive with Decreased Availability to Credit

By: Anna Smith

Anna Smith — Thu, 23 Oct 2008 07:12:02 +0000

Ask any small enterprise owner and he/she will let you know how seemingly impossible it is to raise credit for their business expansion. Hi, I am Anna Smith from Uniondale, New York, and I own a small cafe in the neighborhood. I had been planning to upgrade my cafe for a long time. But raising credit was becoming such a problem that I had nearly let go off the plan. This was till I found 'Build Small Business Credit' (http://www.buildsmallbusinesscredit.com/). The treacherous task of raising credit became simple overnight and soon with the help of their solutions, I was able to raise the right credit score without any problem. I am planning to start another outlet with the help of credit solutions from their full package. Go to 'Build Small Business Credit' and discover how easy raising credit can be if you have the proper guidance.

By: Craig

Craig — Sat, 18 Oct 2008 00:09:30 +0000

LOC’s are vital to many small businesses. I’ll give you a specific example: small start-up company with a seasonal business cycle. Low revenue months can’t always cover the payroll. This is where the LOC comes into play. During the peak of the season when revenues are high and cash is flowing, the LOC is paid off and not utilized.

By: Mike

Mike — Fri, 17 Oct 2008 17:44:47 +0000

Small business owners during these tough times need to continue to work and look for alternative avenues to obtain new customers. While looking for new customers they should not forget about there current customer base. By ‘dropping by” your current customers locations, a quick hand written thank you note (not an email) or a quick phone call is always appreciated. Working through these tough times will really grow character. Thanks for your posting. Mike

By: Nona

Nona — Fri, 17 Oct 2008 13:56:09 +0000

I have to disagree with one point. If a business is healthy why would they need a line of credit to make payroll? I can see a loan for a large purchase like a piece of equipment that costs several hundred thousand, or expanding your facility. But for everyday type operations if a business can’t make those payments then they are doomed anyways in my opinion.