Lowe's prox account

Discussion in 'Credit Talk' started by Amy B, Aug 31, 2003.

  1. Amy B

    Amy B Well-Known Member

    We have 10k prox account for our corp that we didn't have to personally guarantee. The people at the store suggested we fill out a pg form so they could raise it to 25k.

    My question is who will they pull, and what are they looking for? Online they pulled eq for my personal revolving, but I wondered if this was different.
     
  2. GEORGE

    GEORGE Well-Known Member

    WHAT IS prox
    WHAT IS pg
     
  3. brian71

    brian71 Well-Known Member

    pg= personal guarantee
     
  4. GEORGE

    GEORGE Well-Known Member

    Re: Re: Lowe's prox account

    AND prox???
     
  5. BlueRidge

    BlueRidge Well-Known Member

    Re: Re: Lowe's prox account

    Prox means due in full each month - these terms are on one of their commercial accounts
     
  6. Nestea

    Nestea Well-Known Member

    Re: Re: Lowe's prox account

    If you don't need the extra, 10k with no PG is worth a helluvalot more then 25K with PG.

    just my opinion...
     

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