Comments on: We Got Our Money Back http://www.adam-mcfarland.net/2008/01/18/we-got-our-money-back/ Musings of a Balding 29 Year Old Business Owner Tue, 07 Feb 2012 15:23:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Adam McFarland http://www.adam-mcfarland.net/2008/01/18/we-got-our-money-back/comment-page-1/#comment-433 Adam McFarland Mon, 21 Jan 2008 19:42:32 +0000 http://www.adam-mcfarland.net/2008/01/18/we-got-our-money-back/#comment-433 Haha thanks Nev. Yea I/we were pretty pissed. Everyone has good credit, the problem is we're trying to get lines of credit under the business (a S-Corp) and we get all sorts of shit because we've been around less than 3 years. We have another line with Citizens Bank that will go into play as soon as this years taxes are filed, but until we have a few more years under our belts I think we'll have to work a little harder. Regardless, with this settled + Citizens line we shouldn't need $$ for a while. Btw - I keep meaning to read 'Losing My Virginity'...I've heard great things, and he's one of the entrepreneurs I actually want to listen to. Haha thanks Nev. Yea I/we were pretty pissed. Everyone has good credit, the problem is we’re trying to get lines of credit under the business (a S-Corp) and we get all sorts of shit because we’ve been around less than 3 years. We have another line with Citizens Bank that will go into play as soon as this years taxes are filed, but until we have a few more years under our belts I think we’ll have to work a little harder. Regardless, with this settled + Citizens line we shouldn’t need $$ for a while.

Btw – I keep meaning to read ‘Losing My Virginity’…I’ve heard great things, and he’s one of the entrepreneurs I actually want to listen to.

]]> By: Nev http://www.adam-mcfarland.net/2008/01/18/we-got-our-money-back/comment-page-1/#comment-432 Nev Mon, 21 Jan 2008 19:10:31 +0000 http://www.adam-mcfarland.net/2008/01/18/we-got-our-money-back/#comment-432 That's some nice hostility there! Your bank-pulling-funding dilemma reminds me of Richard Branson's book Losing My Virginity where he talks about how his bank (repeatedly) pulled his credit lines during crucial opening stages of his airline. If you have good credit, I'd bet there are a ton of other banks who are itching to have a line open with Pure Adapt. I love Bank Of America, but they're not the only game in town! That’s some nice hostility there!

Your bank-pulling-funding dilemma reminds me of Richard Branson’s book Losing My Virginity where he talks about how his bank (repeatedly) pulled his credit lines during crucial opening stages of his airline.

If you have good credit, I’d bet there are a ton of other banks who are itching to have a line open with Pure Adapt. I love Bank Of America, but they’re not the only game in town!

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