SBA LOAN
Date: Wed, 05/13/2009 - 11:55
The SBA lender/bank also need my info in the application since I am a husband and I don’t have a good credit history, infect I am in collection these days and trying to come out from debit.
Anyone can tell me if she will get the loan approve ??
are you going to put part of the buss in your name? my husband
are you going to put part of the buss in your name? my husband & i owned a bussiness, and b/c i didn't put name on buss, i didn't need to be on his app...helped him out tremendously..
No ...since I dont have a good credit so I dont want to be a par
No ...since I dont have a good credit so I dont want to be a part of the business (atleast in the paperwork) but I assume they would want to drag me into it since we are married
i know my hubbs sba papers never drew me..neither did buss morga
i know my hubbs sba papers never drew me..neither did buss morgage..all was done on his file alone...is buss llc, inc, or sole prp? he was an llc..so i don't know if that makes difference..
Currently it is sole prp. but we can change it to LLC. But i got
Currently it is sole prp. but we can change it to LLC. But i got your point. i think she will be ok getting a loan since you mentioned your situation. Thanks lot
try it ! llc isn't that expensive to do and it protects your cr
try it ! llc isn't that expensive to do and it protects your credit somewhat..not a bad arrangement atleast for us!