Business Credit Lenders
One of my favorite business credit lenders who get it right when it comes to small business and has the track record to prove it is Regions Financial Corporation.
According to Tim Laney, senior executive vice president and head of Region’s Business Services Group, “Small businesses are the engine of our economy and Regions has a long track record of providing capital to small businesses along with solutions to help small business owners manage all of their financial needs.”
Don’t just take it from me in a yearly study measuring banks’ strength on small business lending the SBA ranks it number three among the large U.S. banks for the sixth consecutive year! It also happens to own the number one slot for small business lending in Alabama and Tennessee.
With such an impressive track record it shouldn’t surprise you that Regions Bank is also behind some of the new business credit cards to hit the marketplace.
New Business Credit Cards
We recently launched a new business credit card bundle package offering unsecured business lines of credit that do not report to your personal credit. Here’s a brief overview:
- Rates as low as 6.99% for FULL DOC applicants.
- As low as 8.99% for STATED INCOME applicants.
No Doc or Full Doc
- We have products that tailor to how established your business is. If your business is a start up, we have No Doc products available. If your business is established and showing profit, we have full doc products available.
Funding in as little as 15 days
- Quick approvals for stated income applicants
- All products, no doc or full doc, are unsecured. We do not collateralize or lien against any work equipment, commercial property, or personal property.
No Restrictions on use
- All our credit lines can be used same as cash.
No Upfront Costs
- Not sure if you qualify? Apply without an application fee!
Lines will not report to the personal credit bureaus
- Drawing these credit lines will not affect your personal debt/credit ratio.
This bundled business credit card package can help in establishing business credit for a new or existing business while providing you the tools you need to manage your company’s expenses.
When banks like Regions get it right by issuing new business credit cards and business credit loans through all economic cycles, including the recession in order to support the small business engine other business credit lenders should pay close attention.
To Your Business Credit Success!
Business Credit Resources
Looking to obtain business credit? Become a member of my Business Credit Insiders Circle and gain access to a proven step-by-step business credit building system. A system that provides you access to vendor lines of credit, fleet cards, business credit cards with and without a PG, funding sources and lenders that report to all the major business credit bureaus. Submit your name and email below for details and receive a free business credit building audio seminar ($597 value) =>
Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for AllBusiness, a subsidiary of Dun and Bradstreet and author of “Eight Steps to Ultimate Business Credit” and “How to Build Business Credit with No Personal Guarantee.” His articles and blogs have also been featured in the SBA Community, American Express Small Business, Business Week, The Washington Post, The San Francisco Tribune, Scotsman Guide, Alltop, Entrepreneur Connect, and Active Rain.