Quote:
Originally posted by pwd72s
Exactly...But then, why not place yourself in a position where you feel you will never have the need for credit?
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I get a call from a competitor who is going out of business. They have a warehouse full of computer network equipment, valued @ $100k+. Asking price? $40k. I don't know about you, but where can the average small business owner put their hands on $40k in a moments notice? Situations like these are exactly what business lines of credit are for.