0% cards are not the only option
Someone in the group asked if an LLC with good credit can get a fixed loan or line of credit instead of the 0% cards everyone advertises.
Yes.
0% credit cards are useful, but they are only one type of business funding. If you are buying equipment, purchasing commercial property, acquiring a business, or need working capital, then a completely different type of financing may make more sense.
That could be an SBA loan, a business line of credit, equipment financing, or a commercial real estate loan. It depends on what you are trying to accomplish and what the full situation looks like.
This is one of the biggest things I want everyone here to understand. You do not have to force every business plan into a credit card strategy.
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David Ramirez
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0% cards are not the only option
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