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loan with previous defaults

Last post Sun, Feb 12 2012, 11:34 AM by Zeb. 1 replies.
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  •  Sun, Feb 12 2012, 11:34 AM

    Re: loan with previous defaults

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    The lenders will pose the obvious question. How can this be a god risk to lend to this company when its figurehead (the Managing Director) cannot manage his own finances? How can he be any better when it is not his own money
    • Post Points: 5

  •  Mon, Jan 30 2012, 12:35 PM

    loan with previous defaults

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    Looking for a business loan but am being rejected due to two personal defaults (1 credit card and 1 loan) from 2009, which in the last 18 months I have not missed a payment on. Is there anyone out there who will lend to a business which is financially in good shape but has an MD (me!) with a poor credit rating?
    • Post Points: 20