Sentences with phrase «relevant business credit history»

Not exact matches

Business and personal credit histories are both relevant, as is information about any other outstanding debt.

If, on the other hand, you want to incorporate as a limited liability company, referred to in the US as an LLC, then the relevant credit histories will be separate, and you'll have different credit profiles for yourself and your business.

This means meeting the «5 Cs of credit» — capacity, character, capital, collateral and conditions — by having good personal and business credit history, the ability to put up collateral, a strong business plan and financials, relevant management or industry experience and the ability to put some cash down (typically 20 % to 25 %).