Kristen
I sat nervously across the loan-officer’s desk, clutching my business plan, a sample of my design portfolio, and my brand new business licence. I had never applied for a loan before, and the loan officer, an older woman in a polyester skirt-suit was patiently explaining the difference between a personal signature loan, a secured loan,a line of credit, and a business loan.
I stared at her blankly.
“Ma’am,” I said, putting the bridal show application on the desk. “I’m not sure which option is right for me. I just need three-thousand dollars to get my line into the bridal show next month.
“Well,” she glanced at her computer screen, “due to your lack of credit history, it will be hard to approve you for a first time loan at that amount. I could, however, offer you our credit-build
