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Trusted Answers From Licensed Business Professionals

Release a Personal Guarantee on Business Credit

The good news is that it is possible to release a personal guarantee from your business credit. The bad news is that it is by no means a cakewalk. .
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Do I Need to Pay Off Personal Debt to Start a Business?

The answer depends on the type of debt you are talking about. If it is a mortgage, there's no need to pay off the debt as long as you believe you will be able to make your monthly mortgage payments based on your income or expected income. .
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Businesses Considering an Inventory Loan to Finance Working Capital

It is not uncommon for seasonal and fast growing businesses to inquire about obtaining an inventory loan from a bank. An inventory loan can be a great financing tool for well established companies with short-term inventory shortages. .
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