LibraryScenariosWhen business partners both have credit problems affecting their venture
Scenario

When business partners both have credit problems affecting their venture

My startup co-founder and I both have personal credit issues from our last failed company, and now we can't get business credit for this venture but we're too embarrassed to be fully honest with each other about how bad our individual situations actually are. We're both pretending it's better than it is.

Zera
Online
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More people experience this than they realize.

What we've seen

Two people trying to build something new together are trapped by shared shame about their financial pasts, preventing the honesty needed to find real solutions.

Ideas that help explain it
Worth thinking about

“Where Are You with Credit and creditworthiness?”

If this sounds familiar, the Library can help you find the bigger picture.