How to Get Credit in US Banks With Low Interests
In the United States, there are certain documents and information requested by entrepreneurs. You need to prepare these documents and apply the bank that you choose personally. Once you will go to the banks with required documents they are gonna inform you about the interest rates those they offer per month/year. So you can also search the interest rates of different banks before you go. Some banks also offer credits without interest.
The Required Forms
The first document requested is a credit application form.
Your personal history: your previous address, your educational background….
Respondent: Some credit agencies may request your resume.
Your Business Plan: One of the documents requested by all lenders is your business plan.
Your personal credit history: One of the most pressing issues for you as an investor to invest in the United States is that you do not have a credit history in the US.
Company tax documents: If your company, you will need the tax papers of the previous year.
Income tax documents: Your personal and company income tax documents for the last three years.
Personal financing exemption: Personal financial statements are requested from partners.
Bank Extracts: Bank statements of you.
After all these, they will document your debts and receivables to the market in a company that is already doing business. They will inform you about the possible interest rates and the credit limits that they can give you.