If I file Articles of Incorporation and thus Incorporate a business, what does a bank/lender look at when issuing lines of credit to an Incorporated Business? Does the business need to show assets to secure a loan? Or does the very nature of being Incorporated justify at least a minimum amount a lender is willing to risk on a business?
This is of course given that you have a business plan and will actually put the money to use in making the business successful. But I'm talking about starting out on Day 1 with $0.00 and Zero Assets for the business?
Or is the only option for a newly former Incorporation to seek Venture Capital and hand over partial ownership to those Venture Vultures?
Orignal From: Incorporating a Business and Getting Capital?
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