WE'VE MOVED!

We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co

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
· Share on Google+ Share on FacebookShare on Twitter

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.
    · Share on Google+ Share on FacebookShare on Twitter
Sign In or Register to comment.