A Business Credit Partner/Guarantor is someone that has the necessary credit profile to qualify for business funding on behalf of someone elses business. This person doesn't have to be the owner or one of the owners.
Credit Qualfication of a Business Credit Partner/Guarantor:
740+ Fico Score
Min. of 5 active reporting lines
Largest active line minimum $10,000
Very few late payments
No Public Records
Low credit inquiries --no more than six in last six months
Low revolving Utilization - below 30%
5+ yr. old credit file
Less than three new accounts in last 12 months
Compensation of 10,000 After funding is approved.