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Updated 7 months ago on . Most recent reply

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8
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4
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Stacy Banks
  • Investor
  • Miami, FL
4
Votes |
8
Posts

business funding funding

Stacy Banks
  • Investor
  • Miami, FL
Posted

Hello, I'm planning on applying to Chase and Wells Fargo for their business credit card products. Can I apply for both banks in the same month? Any suggestions will be helpful.

Most Popular Reply

User Stats

239
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120
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Lateefah Mathews
  • Realtor
  • Atlanta, GA
120
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239
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Lateefah Mathews
  • Realtor
  • Atlanta, GA
Replied

@Stacy Banks Hey there! I’d recommend starting with business credit cards that only require a soft inquiry, so you don’t risk a denial from one bank that could influence the others. There’s definitely a strategy to applying for business credit to avoid alerting other lenders that you’re shopping for credit. Several banks offer soft inquiry options, I'd try those out prior to risking the HP. Also, I recommend you have a banking relationship with Wells and Chase prior to shopping if that's the route you're definitely going to take. 

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