We consult start-up to medium size business owners on how to obtain necessary working capital; more importantly, separating the business owner’s personal credit from their business credit. This means that our clients can proceed without fear of damaging their personal credit score. This peace of mind allows our clients to draw on credit lines more effectively and confidently, without fear of being denied for future loans and credit lines due to overleveraged personal credit. The strength of most business owners is the operation of their business. In short, we save our clients time, headaches, and money by connecting them to financial products they can actually use with confidence to start or expand their business without fear of future insolvency.
Our unsecured business credit lines can be used for anything, but are effectively used to overcome short term capital requirements, which we define as a 0-18-month payback period. Marketing campaigns, aggressive expansion, and flipping real estate are the most common uses of unsecured business credit lines by our clients
That depends. We have access to programs to benefit both startup businesses, and established profitable businesses. If your business cannot presently show income, we have stated income products available to quickly grow your business into a profitable powerhouse. If your business has already experienced growth and profit, we have full doc products totaling over $250,000, allowing your business to leverage unsecured funds to continue expansion.
Yes, we work with Start-Up companies as well. If you’ve been in business for less than two (2) years, you may still qualify for up to $75,000 in unsecured business capital.
No. Will not report to the personal credit bureaus, unless you begin missing payments and default. You may draw on the entire balances of these lines without fear of bringing down your personal credit scores!
There are two major reasons: (1) Many lenders report business credit lines to the personal credit bureaus. This means that when you draw on the balance of the line, your personal credit can drop anywhere from 20-100 points overnight! (2) We have contacts with hundreds of lenders, each with unique lending trends, allowing us to optimize your financing mix so that you receive the most capital, with the lowest interest rate, as quickly as possible.
Yes. If you have someone with better credit who wishes to personally guarantee your business line of credit. Our experts will help you take the steps so that you are able to use them to acquire capital for your business.
Correct, a business credit card is one of the most common forms of unsecured business credit. While the format of the credit line causes most business owners from obtaining them, our trained professionals teach our clients how to draw on the lines efficiently, so that they may be used like a check-book line of credit, without paying outrageous cash advance fee’s. While credit cards are often stigmatized by the public by begin associated with bad-debt, our clients are coached on how to creatively utilize these cash sources to grow their businesses faster than their competition.