Get Approved For Corporate Credit and Funding UP TO $350,000!
Get Funded Faster Through Our Funding Program. With Higher Limits And Low Interest Rates
STATED INCOME ONLY! (No Tax Returns)
At the end of the funding process which takes about 14-20 business days you’ll have business credit lines established with about 3-5 banks. This allows you to accomplish several important steps which are extremely beneficial for your business both in the short term and long term.
First, it enables you to protect your personal credit since all the purchase activity, payments and debt you may carry on your business credit lines only report to the business credit reporting agencies.
Secondly, it helps you establish your company’s credit reports and scores with the major business credit agencies such as Experian Business, Equifax Small Business and Dun & Bradstreet. So, in the future when you want to apply for additional funding; banks, lenders and suppliers will now be able to check your company’s credit rather than relying on your personal credit.
Finally, with multiple business credit lines established your business will be in a position to obtain credit limit increases every 6-12 months whether it’s from automatic account reviews or by request. In addition, with multiple banking relationships, banks will compete for your business with ongoing balance transfer offers and additional credit products.
Unlike our competitors, our Shelf Corp and Finance Suite Package does it all. We apply a systematic approach implemented by highly experienced experts, and they start with making your business Credit-Ready. Look at our Timeline below – and follow these links for more information;
Credit-Ready means that your Business has everything in place to get approved for funding. In our experience, most businesses are missing some key elements that will trip them up when they are looking for funding. Our experts will find those errors and omissions and make certain that you have everything in place when you walk in the bank’s front door to get what you want.
During this initial 7-Day Credit-Ready Process, we analyze your business and determine your readiness for funding;
A) Do you have a decent website?
B) Is your phone listed with 411?
C) Is your contact information consistent and accurate on internet directories like Google, Yahoo, Bing, Yellow Pages?
D) Do you have a DUNS number?
E) How clean is your credit? And much more.
We have an extensive checklist that we apply during this first phase, and having all of this important data in order smoothes your credit building and funding process immensely.
If your business does not score above 80 on the Paydex payment scoring scale by Dun & Bradstreet, you will have difficulties getting ready credit for your business. This may be because your business is new and has not established accounts, yet, with suppliers, or any of a number of reasons.
A score lower than 80 will impact or even negate your chances of acquiring favorable loans. However, you have choices among the options we offer;
If your personal credit is excellent, you may be funded right after becoming credit-ready. But relying on personal credit to hold up a business puts your personal assets at risk and does not help your company prosper. If, however, you wait the 45 day time period needed to achieve your 80 Paydex score using the Business Finance Suite methods, you will have an easier time getting approved for financing, your interest rates will be lower and your credit limits will be higher.
During the 45 day process of obtaining your 80 Paydex on Dun & Bradstreet, we help you make four or more credit payment experiences that will boost your corporate credit scores. We will help you make charges, and then pay those charges off in “better than agreed” timing. once these actions are reported and your Paydex exceeds 80, we turn to financing operations.
We begin introducing you to lenders who will provide stated income unsecured loans and unsecured lines of credit that typically come in increments of $25,000, $50,000 and sometimes even $75,000 per lender. Our goal is to get you as many of these stated income lines of credit as possible.
If you’re located in a major metropolitan area where there are many lenders available and your personal credit meets our requirements, you can typically obtain between $50,000 to $250,000 in funding depending on the strength of your credit and the age of your business. If your business has a history, tax returns and good profit, you can get approved for much higher limits.
Are we there yet? Almost. The first round funding process takes about 21 days, but once you get your funding, you can ride along with us to strengthen your business and credit stability into the future. To obtain cash lines of credit from lenders such as business loans and lines of credit, your personal credit must meet these requirements;
1) Over 700 credit score
2) 3+ years of clean credit history
3) 3+ revolving credit accounts
4) 30% or lower revolving debt ratio
5) No more than 6 credit inquiries in last 6 months debt ratio
If you do not meet these requirements, You may purchase seasoned authorized user trade lines, guaranteed to both raise your personal credit scores and permanently improve the quality and length of your credit rating.
If your personal credit is excellent, and you have worked with us through the initial steps up to and including 80 Paydex, you will have an easier time getting approved for your first round of funding, and your credit offers and interest rates will be much more favorable.
Credit Inquiries – or at least when they add up to more than 6 within 6 months – can stall your quest for additional funding, especially if, in your first round, you were unable to qualify for your top amount needed.
Once your credit report lists 6 or more inquiries, you must wait another 6 months before you make any new applications.
One of the advantages to clearing inquiries from your credit report is that it eliminates the problem of having inquiries listed on your credit report that were unsuccessful and not connected to any credit account you have qualified for. By removing these inquiries, it eliminates the wait for making new funding applications.
Clearing your inquiries shortens that wait dramatically. The inquiry removal program only takes about 45 days. Once the inquiries are cleaned you can initiate a second round of financing to get the remaining funds that you need.
Once you have cleared your credit inquiries using the inquiry removal process 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 $100,000 to boost your total available credit to $125,000 or $150,000, 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, we can help you add tradelines that can provide a big boost to your credit score.
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 to $50,000 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.
Also – look again at our timeline – you will get money in the first 21 day round, and even more in the second 21 day round after the inquiries are cleaned up.
It's not a secret why top businessmen, politicians and the rich use corporations to grow their net worth and at the same time hide their wealth. You can take advantage of these same reasons and build your own corporation starting as soon as today.