Is your personal credit considered when applying for a small business loan?

by ❀â„"Ñ"тιzια❀

Question by Natalie Z:

Is your personal credit considered when applying for a small business loan?

Say it was a relatively new business, set up as an LLC. Would your personal credit be taken into consideration?




Best answer:

Answer by Val
Yes absolutely. It's a fact that basically everything we do in business and in life for that matter the good old credit history is like our shadow. The key is to make enough money so we don't have to worry about the good old Powerful 3 credit scores, goodluck.

Val

Give your answer to this question below!