Friday, April 9, 2010

Buying a Business and Property in Las Vegas (continued)

Buying a Business and Property in Las Vegas (continued)
Make Sure Your Credit is in Order:
Prior to making an attempt to purchase a business and/or property make sure that your credit is in order. In these troubling economic times it can be difficult to obtain the credit necessary to fund your business. If you are starting a new business, commercial lenders will use your personal credit history to determine whether to approve a loan. It is also important to get a pre-approval notification from a commercial lender prior to actually commencing any transaction. This just gives you added insurance that you will or will not be able to afford the business or property you are looking at.
Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.

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