Corporate Law unsecured business line of credit

[zipper]

Who is responsible for unsecured business line of credit? Would it be Corporation or individual whose credit score is used?

 

[seniorjudge]

Q: Who is responsible for unsecured business line of credit?

A: The person who applies for and/or uses the line of credit.



Q: Would it be Corporation or individual whose credit score is used?

A: Probably both.

 

[mannymandy]

Who is responsible for unsecured business line of credit?
The individual who contacted the same.
Piercing the veil of corporate fiction may not apply here.