Help me by helping my boss :)

Discussion in 'Credit Talk' started by Nestea, Mar 12, 2003.

  1. Nestea

    Nestea Well-Known Member

    my boss at work has perfect credit, but very very high utilization (90%). his scores are therefore 620'ish.

    being that our business is still a young firm (we broke away from a larger firm a year ago), we are making money every month, but the startup costs are draining our monthly excess cashflow (paying down short term debt.)

    He has an AMEX charge card, on which he was offered terms by Amex if he purchases $25,000 or more ...


    A) any ideas on how to make a large "purchase" so he can have 25k with favorable terms?

    or

    B)I recall reading a thread here, I cant find it now... that AmEx Centurion bank will sometimes give a CC (revolving) to a business in such a case.)

    any help appreciated!
     

Share This Page