What category does a credit card loan go to when the debit is for equipment for your business? January 22, 2010
Posted by Credit in : Small Business , 2comments
queen_kat779 asked:
Will my credit card be under a cost of goods account, expense account, loan or what? The equipment had already been paid in full by the credit card, now we are paying the credit card off. Should I name the credit card as a vendor?
Will my credit card be under a cost of goods account, expense account, loan or what? The equipment had already been paid in full by the credit card, now we are paying the credit card off. Should I name the credit card as a vendor?
What is the best bank for small businesses? January 16, 2010
Posted by Credit in : Small Business , 1 comment so far
Chillin A asked:
My wife and I just started and LLC in the Houston, TX area and we wondering if anyone of you guys know which bank is best as far as bank charges, custormer service and interest rates. I have called a few banks in the area and Chase & Bank of America are the best so far. Any ideas?
My wife and I just started and LLC in the Houston, TX area and we wondering if anyone of you guys know which bank is best as far as bank charges, custormer service and interest rates. I have called a few banks in the area and Chase & Bank of America are the best so far. Any ideas?
How long does it take to get a sba loan secured through the veterans association? January 3, 2010
Posted by Credit in : Small Business , add a comment
k81953 asked:
my husband and I applied for a secured sba loan and the VA offers to vets a secured loan called the patriot act loan.
we applied at the liberty mo branch commerce bank with the loan manager. it has been over 9 weeks and the banker states he’ll get with us when he hears back. rarely does he return my calls about inqury.
my husband and I applied for a secured sba loan and the VA offers to vets a secured loan called the patriot act loan.
we applied at the liberty mo branch commerce bank with the loan manager. it has been over 9 weeks and the banker states he’ll get with us when he hears back. rarely does he return my calls about inqury.
New bank account for business, how to answer the question “How will you process your receivables?”? December 27, 2009
Posted by Credit in : Small Business , 1 comment so far
ccartertn2002 asked:
I am setting up a new bank account for my new business and the bank manager wants to know “how will you process your receivables?”.
How do I answer this question?
I am setting up a new bank account for my new business and the bank manager wants to know “how will you process your receivables?”.
How do I answer this question?
Can you get a personal loan to use as your personal contribution on a business loan? December 18, 2009
Posted by Credit in : Small Business , 1 comment so far
templeofdoom1234 asked:
I want to get a personal loan as my 20-40% contribution on a business loan. Can I do that?
I want to get a personal loan as my 20-40% contribution on a business loan. Can I do that?
What is the easiest way to get a business bank account without an llc? November 20, 2009
Posted by Credit in : Small Business , 1 comment so far
spschalc asked:
I started a side business and just got my first client he is paying by check. The problem is the check is made out to the company and I don’t have a business bank account? What do I need to get a business bank account? What is the easiest way for me to deposit this check so I can finally afford to incorporate.
I started a side business and just got my first client he is paying by check. The problem is the check is made out to the company and I don’t have a business bank account? What do I need to get a business bank account? What is the easiest way for me to deposit this check so I can finally afford to incorporate.