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In the past I've used lines of credit up to roughly $50k. They didn't require a lot to get started and I think we peaked at about 50% utilization. Happy to answ
by debatem1 7y ago
In the past I've used lines of credit up to roughly $50k. They didn't require a lot to get started and I think we peaked at about 50% utilization. Happy to answer questions.
- akrai 7y agoHi! Thanks for the response. This was very helpful. Do you want to get in touch via email for further discussion? You can reach me at ashutoshraiofficial@gmail.com.
- debatem1 7y agoI can discuss here or there-- being blunt, I probably won't say anything over email I wouldn't say here. Up to you if you'd prefer to take it private.
- PopeDotNinja 7y agoJust be careful. If you rely on a line of credit, and the bank decides to close that line of credit, that is a good way to kill your business overnight.
- akrai 7y agoAh. Very good point. Thanks for letting me know — this is something I wouldn’t have thought of otherwise.