Quote:
Originally Posted by GG Allin
IIRC that's how the truck was purchased. Honestly I don't want to even try to expand until both trucks are paid off, in a little less that two years. I'd hope at that point a couple of paid off assets are worth something. Then maybe double up to four trucks. The work is certainly there.
My thought was that if there are other things I should be doing to establish a credit history, I'd want to know about them.
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The difficulty becomes you're dealing with depreciating assets. They'll be worth "something" but in the overall picture a structure is what the bank wants to see and a lot of money in an account.
I don't know if it's worth much but I have one credit card in my business name.