How do I sell corporations credit lines?
Answers:
Do you actually have money to lend? Which kind of businesses will you lend money to? Many start-up businesses want credit as you'll see if you hang around this site for very long, but you need to be careful not to mislead them as it is easy for this kind of business to become fraudulent if you can't actually back up your offer with cash. You could pick an industry type and cultivate relationships at trade shows or other venues where you're likely to meet many of these businesses. If you're really able to deliver, you won't have a hard time finding borrowers.
Hello,
Be very carefull doing that. The Federal government has been Arresting companies for fraudulently selling credit when no credit was really ever given to the buying company.
if you are a direct lender of funds to corporations you need a federal and state banking license. If you need potential clients contact your local SBA help center or the Service Core of Retired Executivies. You could also call the coprorate offices of any Franschise. People buying franchises often need funding.
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