Secret Finance

Rookie_Journalist asked:


I am starting a book publishing company. It’s small, no employees, just myself. I have 2 clients and plan to sell the books online. What’s the best bank to do business with, and the best biz checking account they offer, considering the small scale of business? Want one that does not have a high monthly fee or require a large daily balance, and preferably with a bank with locations nationwide. I am located in Washington, DC. Thanks.

Chillin A asked:


My wife and I just started and LLC in the Houston, TX area and we wondering if anyone of you guys know which bank is best as far as bank charges, custormer service and interest rates. I have called a few banks in the area and Chase & Bank of America are the best so far. Any ideas?

Anthony asked:


Say I got a bank to finance my business, the product which I sold ended up being a failure on the market and now the banks don’t want to finance my business. What could I do to convince them to help me finance for my new product?

Angelina Ballerina asked:


We are a young business designing and building garden rooms. We lose customers who love our buildings because we don’t provide finance. I’ve googled, but companies offering us finance come up. Is there anyone out there who had done this recently for their business, or are you a company which provides this service.
Many thanks for helpful replies.

Wonderer asked:


Do you know of any specific banks (especially in Texas) that are known for good relationships with small (and new)businesses. Some big banks force you to have a Very long relationship before giving you a large line of credit. I am trying to avoid these banks. Any ideas or names?? Thanks

Janie asked:


I am trying to choose between these two banks- unless there’s another credit card that would be better than what these banks offer…
Please give me the reasons for your suggestion- thanks!

jane asked:


I co-founded a start-up. Business plan is in the work. I still need to work on the financial section. I know I should have a CFO work on it. But I don’t have $$ to pay/hire a CFO. So I get to wear the finance hat too among other roles. Do you know of free finance spreadsheet templates I could download to use? Need to finish biz plan to show potential investors. Can’t show current biz plan as is without figures. Biz plan doesn’t mean anything to investors without 3 year financial planning such as revenue projection, dev’t cost projection, marketing budget projection, potential # of people for hire, other related finance figures of interest to potential investor. Tks for your help in advance!

scat3red asked:


I’m starting a business in Costa Rica which requires an offshore bank account. Is it possible to open a business account over the internet with a bank in the Caribbean that doesn’t require a minimum deposit?

I’ve noticed that people usually open an offshore account and start their own company in the Caribbean to avoid paying tax. But is it possible to open a business account with a company started/registered in Costa Rica (not in the Caribbean) instead?

Any information people can provide will be very much appreciated.

GuitarMaster asked:


How do you get the money? What documents/contracts do you need? This will probably differ than other businesses. For example, it would seem a little odd for an investment banker to go to another investment banker to ask them to invest in their investment banking business. Technically, where exactly do you get the starting money? Answers will be appreciated. Thanks!!!!!

Erick R asked:


Hello, I am trying to find out how to build my business credit without being attached to my personal credit score. I would like to know if anybody has information regarding what credit cards are available to do this. I would love any free information or links to sites that can tell me how to build my business credit. Thanks!!