Banks Business Credit card / line of Credit options secured / NO credit check?

Questions is based on Canadian banking =
This question is amid at the banks/ financial for business. I am a small business, not looking to provide lenders with financial / tax fillings. ( why - the past two years I have been doing the business as part time and file little business income ) I am looking for a business line of credit or a business credit card, my business has no credit history and I am looking to secure it with cash - I prefer no personal credit check ( I do have good credit ) I am just having some extra funds and prefer to secure it. Based on this information I am almost unable to find any lenders in Canada to help ( how ever in the US secured business credit is dime a dozen - just not in Canada. So the run down is I am looking for a secured business line of credit / business credit card with very Little questions asked or providing extensive financial / tax papers/ and preferably N0 credit check Any advice from the industry ?

My best perspective is Vancity Business Visa gold, secured. ( The regular card is not securable - ) The only bad point about this lender is that I do not need the gold card, its $ 99 a year. $ 20 is ok. all other lenders for Visa & MC business in Canada seems to be heavey on the paper s of the business - Help ? The limit I am looking for is $ 2000- 6500 Canadian

The first question is what are your long term goals? If you simply want one card try Wells Fargo bank they have a very good secured business credit card.

If your goal is to eventually obtain larger lines of credit or loans I suggest that you

1) open business accounts with both Wells Fargo or Bank of America they both have secured business credit accounts

2) Open a secured credit card with Wells Fargo and a secured line of credit with Bank of America.

3) Both will be excellent sources to help build your business credit profile

For Additional information

DaJuan Tircuit
http://businesscredit.wordpress.com
www.rhemafundingsolutions.com

You can visit http://www.debteraserzone.com and find very useful tips and several articles on credit card related matters. Report It

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