Buying an existing business with a credit card

MariaMaria subscriber Posts: 2
edited January 2009 in Startup Funding
Hi there,
 
Has anyone given a downpayment on an existing business with a credit card, if so how did you did it?
 
My interest is really low.
 
Regards,
 
Maria

Comments

  • MattThomasMattThomas subscriber Posts: 2
    What exactly is the down payment for? Are you purchasing an existing business or are you purchasing equipment or supplies.
    Be careful if you are going to use a check, they sometimes count as cash advances. Read the fine print and be absolutely positive that it is not a cash advance before you use them.
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