FlyerTalk Forums - View Single Post - Do I qualify for a business card?
Thread: Do I qualify for a business card?
View Single Post
Old Sep 23, 2019 | 2:21 pm
  #15  
Often1
Suspended
 
Join Date: Aug 2010
Location: DCA
Programs: UA US CO AA DL FL
Posts: 50,253
Originally Posted by LegalTender
Our condo association has an EIN and registered with the state as a non-profit business. The 4 owners are board members.

Do we qualify?
Sure.

You may need to do a corporate resolution. But, I presume that the condo association already has a checking account, so it has an existing banking relationship.

The key is to determine whether you are relying on your own income or that of the condo.

On the other hand, you are effectively pledging a serious asset against payment. Do you trust the other owners?
Last edited by Often1; Sep 23, 2019 at 3:46 pm
Often1 is offline  
Reply