New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
I want to know when you get the DBA license do you get access to banks… like, no matter how bad your credit is, do you still get a business loan?
Dear Christopher,
Unfortunately, having a DBA or even a registered company will not help you get a business loan from a traditional lender, as they tend to ask for a personal guarantor, and they base their decision on this guarantor’s personal credit.
It is possible to develop a good business credit and then apply for a loan based on that credit alone, however its a process that takes some time.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
