Common Questions and Answers

Can I gain access to credit for my business without loan fees or closing costs?

Answer :
There are many ways to gain access to credit for your business. Some types of credit involve loan fees and closing costs. These are often secured bank loans which use property or other collateral to back the loan. In the event that you cannot repay your loan, the creditor has the right to seize the property used as collateral in the loan.

Other types of business credit do not have any loan fees or closing costs associated with them. One of the easiest and quickest ways to gain access to credit for your business, without loan fees or closing costs, is to apply for a business credit card.

Provided by: First Equity

First Equity is a leading credit card provider specializing in the provision of bankcards to the nation's small businesses.

5 Reasons to Monitor Your Business

Business owner

  • 24/7 monitoring of your company's Experian credit score
  • Automatic email alerts of any unusual activity in your company's credit report that might indicate fraud
  • Unlimited access to your company's most up-to-date credit report and score
  • Dark Web Surveillance
  • Business Fraud Resolution Support

Related questions

What are the advantages for maintaining business credit separate from personal credit?

Are there credit card products designed especially for small businesses like mine?

What is the most convenient type of credit for my business?

Do I need an EIN or federal tax ID number in order to get credit in the name of my business?

Do you have more questions regarding Experian business credit reports? Return to the home page of for more commonly asked business credit questions, additional resources, and special offers to help you manage and grow a business.

You may also view our full list of frequently asked questions by visiting this page.
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