Often, clients do not achieve their top funding goals in our first round of applications to lenders. However, each inquiry leaves a hard inquiry report on your credit report. If you acquire more than 6, you will need to wait 6 months before you can go for more funding.
Our Inquiry Removal Sevice eliminates those useless hard inquiries.
Once you have cleared your Credit Inquiries and have eliminated the need to wait 6 Months before applying for Funding again, it’s time to go on your 2nd Funding Round to obtain Credit Limit Increases on existing Accounts you obtained in the 1st Round, as well as additional Funding with new Lenders we did not use in the 1st Round.
As an Example, let’s say you wanted $250,000 in Total Funding, and on the 1st Round you achieved $100,000. The on the 2nd Round we will look to increase limits on the $100K to boost your total available credit to $125K or $150K, and get the remaining funds from new Lenders we did not use on the 1st Round. This process can be repeated for multiple Funding Rounds until you achieve your desired Funding Goal.
Well, that depends. You’ll need to start with a good personal credit score of 650+, ideally 700 or more. If that is not the case, Adding tradelines can provide a big boost. The business loans or lines of credit you will be offered by the banks will be based on full documentation.
However, if your business has not been open long, cannot therefore show tax returns, has low income or you have a shelf corporation, we will go stated income. This means your loans will be in the $25,000 to $75,000 range per lender.
But if your business has a history, tax returns and good profit, you can get approved for much higher limits.
If you want only trade credit, not bank financing, then this program will get you there without providing any kind of personal guarantee nor personal credit check. This is not cash money, but it can get you trade items you need, quickly and efficiently, such as accounts directly with stores that sell electronic equipment, furniture and various other business products and services your business needs on a day to day basis in order to operate.