A client contacted me a few weeks ago, he already had an 80 paydex score, inc’d in 03-2007, so he was a little under a year old when he contacted me. His problem was the same as many of you, tired of the vendor lines and wanted cash credit with no pg. Now look at the stats:-
Inc’d in March 2007
Paydex Score = 80
Telephone line is an ATT lines so it checks out all around.
5 Trades reporting to DnB with the largest value being $200.
This company was approved for $5800 Cash LOC. A mastercard, with NO PG……
WOOOHOOO…….I must admit, we added a little of my magic touch to the application….But what an accomplishment to get a cash line with such limited credit. You can also do it, so do not fear, start building business credit NOW.