[thubten]

I've noticed a trend that's been both surprising, and a relief. When I first started in business I went to the Small Business Administration. While there I met some very well intentioned people who were of absolutely no assistance, especially in the area of finding funding for my business.

When I went to the lenders that that SBA recommended, I was asked for a full business plan and audited financials, a three year track record and collateral for the loan. Needless to say, I was not amused. As many new business owners must, I ended up turning to credit cards to get the ball rolling, which was a difficult experience.

Something that's new, at least I haven't seen anyone else doing this, is the business credit line broker. The broker has built relationships with lenders who will open a business credit line for $50,000 to $100,000, depending on the type of business. Some businesses can qualify for up to $500,000.

The requirements are simple: the business entity is incorporated in the US; the business entity has an EIN; the person making the application is an owner; the owner has a pulse (is alive); the owner has an SSN; the owner has photo identification; the owner has a FICO score of 675 or greater.

I have been introducing friends and associates to this broker for about a year, with positive results. Send me a note on, or off forum, and I will gladly make the introduction.