Articles & News About Your Credit

New Christian Music Company Launched with Unsecured Business Lines of Credit

(PRWEB) August 28, 2007 -- R & R Finance arranges unsecured business lines of credit for Damascus Records with no collateral, allowing them to launch an online Christian music label.

"As a parent, I hate saying 'no' to my child when it comes to the types of websites he can visit. I don't want to be uncool but the truth is there is so much material and so many online communities that I wouldn't look at, so how can I let my child run free through there?" states Jennifer Hooper, President of Damascus Records.

Damascus Records is an online community that provides access to unsigned Christian bands to the youth groups, Christian high schools and colleges.

"I wanted to provide a solution for those people who want 'community" but without the assault on the senses and Christian morals that some of the other popular online communities seems to thrive on."

"To create a community I would have to get the members involved so that is why all musical styles will be chosen by the students. To broaden participation we are accepting internships to act as in-house A&Rs as well as handling of the day to day operations that go along with running a music label."

After receiving support for the concept Hooper started looking for financing for the project. While several banks liked the concept they would not offer her a loan for a new venture.

Hooper turned to other financing avenues specifically unsecured business lines of credit.

Unsecured business lines of credit can help small companies and start ups with access to funds for expansion while protecting the personal assets of the business owner.

Keith Hunt Executive Vice President of R and R Finance states, "Small businesses fail or never get off the ground for many reasons but one of the biggest is the lack of financing."

R and R Finance, based in Southern California specializes in arranging small business start up loans by way of unsecured business lines of credit from $300,000 up to $5 million for small and start up companies nationwide including Jennifer Hooper's Damascus Records.

"Unsecured business lines of credit were the answer to launching Jennifer's online community. Within six months we obtained $300,000 in credit lines that offered her access to funds for website development and marketing expenses. The credit lines even provided funds to meet payroll during the early stages of the project."

"One of the biggest benefits to Jennifer is the unsecured business lines of credit does not effect her personal credit," concludes Hunt.

Hooper, who anticipates a full website launch in the very near future, concludes, "The unsecured business lines of credit gave me so much flexibility and allowed me to concentrate on building the online community correctly and not worry about cutting corners and this will reflect in our final product."

For more information on small business start up loans using unsecured business lines of credit please contact Keith Hunt at R and R Finance 800-559-2188 or visit their website http://www.rnrfinance.com/

Jennifer Hooper of Damascus Records may also be reached through Keith Hunt.

# # #

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

The difference between home equity loan and home line of credit.
Once you have built up equity in your home, you have the privilege of applying for a home equity line of credit, which allows you to borrow the money you need. Most financial insititutions ( banks, savings and loans ) have entered the home equity market, so you have plenty of options when you shop for the best loan.

How To Win Your Credit Bureau Disputes
Everyone is probably aware that the big three nationwide credit bureaus (Equifax, TransUnion, and Experian) maintain credit reports on you and everyone else. That means they are responsible for maintaining accurate and up-to-date data on hundreds of millions of people. Think about that for a minute ? if each person had just ten credit references sources reporting about them (and some will have many more than that), these institutions are responsible for maintaining records easily numbering into the BILLIONS of data records.

Adverse Credit Loans - Do Not Let Your Credit History Run You Down
For a variety of reasons, whether it is youthful foolishness, unexpected job loss, loss of employed spouse in a one-income house or severe medical problems, people get into debt and ruin their credit history.

Cash Back vs. Rewards Credit Cards
Ah, the sweet rewards of using credit!Not only do you get immediate gratification with the buy now-pay later plastic, but now, many credit cards offer rewards and incentives for using their card to make purchases. You can get cash back, or gift cards, or 'reward points' that you can spend on merchandise or services from various merchants.

Use your credit card and fly for free
Air mile credit cards give you points or miles with every purchase you make, which you can redeem for traveling related expenses. In most cases, you can use your points or miles to get a free airline ticket to travel to a destination of your choice. Frequent flyers can use those very miles or points to redeem your reward faster.

Credit Repair: How to Raise Your Credit Score
The Word is Out The word is out Unless you are independently wealthy and can pay cash for everything, your credit score will determine the cost of every dollar you borrow, and consequently, the quality of your life

Is your lender about to freeze your credit line?
Word just in from one of our friends - a local Realtor in Fort Lauderdale, FL that could affect many of our friends and family. It seems not only are the banks and mortgage companies making it harder to get new loans, but they have started taking back access to equity lines they have already granted in light of declining property values.

Car Loan For People With Bad Credit
Good credit is not something that everyone has. You can check out the different credit scores of average Americans. You will find that it is usual for people to have bad credit. This means that anyone can make mistakes in their financial means. It is something that we all do from time to time and it is nothing to be ashamed of when you have bad credit.

Helpful Tips To Apply For A Visa Credit Card Online
The credit card is a handy tool for many people today. This is a useful instrument to handle and manage purchases properly. This is very helpful to people who do not have enough cash at hand in the meantime. Thus, many people are really eager to grab hold of their own credit card as it is very important in doing their tasks for everyday. Getting the Visa Credit Card is the one option that most people find very reliable

The 9 Credit Reporting Rights of Every Consumer
79% of credit reports contain errors; consumers have legal rights to correct

Should students get credit cards?
In today?s world, having a credit card is a luxury. Credit cards are a great convenience, meaning that you don?t need to worry about cash when making a purchase. Although some credit cards have strict requirements, there are a lot of manufacturers that are giving both high school and college students the chance to get their own credit cards. Student credit cards can be used the same way as a traditional credit card, although they do come with certain restrictions and limitations that other credit cards don?t normally have.

Don't Allow A Low Credit Score To Cost You Thousands Per Year
Did you know that a low credit score could be costing you hundreds and even thousands of dollars per year, and perhaps even more? What's more, were you aware that there is something you can do about that?

Applying For A Visa Credit Card Online
Credit cards are one of the most important tools society has today. With it, you will be able to purchase the things you need even if you don?t have the cash for it just yet. In fact, many people even consider credit cards as very essential for their everyday lives.

How To Stop Credit Card Offers
It is in fact very annoying when you just can't stop receiving mails about a new credit card offer. If you are a new credit card holder and is paying your bills on time, you will likely get credit card offers frequently.