Gain access to business credit lines of up to $150,000, explore conventional financing avenues such as SBA Financing, and tap into a diverse array of Alternative Business Lending options. Moreover, we foster your business growth through tailored coaching, motivation, and accountability, all within a supportive community of like-minded business visionaries. Our commitment goes beyond just providing financing; we furnish you with the essential tools and support required to elevate your business to new heights.
Committed to elevating businesses' financial well-being through strategic funding solutions.
Dedicated to guiding businesses through the intricacies of financial decision-making.
Focused on empowering entrepreneurs with the financial acumen and resources necessary for enduring growth.
OUR EXPERTISE
Hey there, savvy entrepreneurs and fellow go-getters! 👋 We've all been there – the dreaded rejection from the bank when you're seeking that much-needed business loan or credit line. But guess what? Rejection is just a stepping stone to success! In this blog post, I'm going to spill the beans on how to secure funding even after the bank says "no."
Understanding Bank Rejections
You walk into your local bank, all hopeful, only to be met with disappointment. They mention your credit score, collateral, or limited business history as the reasons for the dreaded "no." Don't worry; you're not alone in this boat!
Exploring Alternative Funding Options
Fear not, because there's a world of alternative funding sources out there waiting for you. Think online lenders, credit unions, and microlenders. Each has its perks, like faster approvals or flexible terms. I'll break it all down for you.
Preparing Your Business
Before you take the plunge, prepare your business like a pro.
Work on that credit score.
Draft a killer business plan,
Get your financial statements in tip-top shape.
We'll work on boosting your chances of approval. From improving your credit score to creating a solid business plan and financial statements, we've got a plan in place
You'll be amazed at the difference just these few steps can make!
I'll take it a step further and I'll give you an example of what I mean, take a look at the case study...this scenario is typical.
Case Study: Overcoming Obstacles with Alternative Lending
Scenario: Meet Jane, a determined entrepreneur with a brilliant business idea. She approached traditional banks for a loan but was repeatedly declined due to her limited credit history and lack of collateral. Discouraged, she thought her dream was out of reach.
Solution: Jane reached out to us, and we introduced her to the world of alternative lending. Here's how it transformed her business journey:
Flexible Criteria: Alternative lenders often have more lenient credit score requirements and may consider factors beyond just the credit score.
Unsecured Loans: Some alternative lenders offer unsecured loans, which means Jane didn't need to provide collateral.
Quick Approval: With a streamlined application process, Jane got her loan approved faster than she expected.
Benefits:
Accessibility: Alternative lenders open doors for entrepreneurs like Jane, who may not fit traditional bank criteria.
Speed: Quick approvals and funding mean you can seize opportunities without delays.
Tailored Solutions: Alternative lenders can offer customized loan packages to meet specific business needs.
Jane's story is a testament to how alternative lending can help entrepreneurs overcome obstacles and turn their dreams into reality. If you're in a similar situation, I'm here to guide you through the process and explore alternative lending options tailored to your needs. Let's make your business vision a success! 💼💰
Clients just like you were initially turned away by banks, but with our guidance, they secured the funding they needed to grow their businesses. You're next!
To sum it up, don't let a bank's "no" get you down. You've got options, and I've got your back. Remember, funding is within reach, and your dreams are worth pursuing. 🚀
Now, let's spread the word! Share this post with your fellow entrepreneurs, and together, we'll unlock financial success for all. 💪📣
Get the essential tools and expert guidance to find your funding, access high-limit business credit lines, purchase company vehicles, and self fund your business.
From laying the Fundability Foundation to unlocking Revolving Accounts in Tier 4, our proprietary system covers every crucial stage to ensure your business thrives financially.
Whether you’re just starting or ready to level up, each step is designed to guide you toward sustainable business credit without risking personal guarantees.
This foundational step focuses on ensuring your business is set up for success by meeting the necessary qualifications to be viewed as fundable by lenders and credit issuers. Key aspects include proper business registration, business bank accounts, EIN, business address, phone number, and more.
If done incorrectly: Missteps like using a personal address, incorrect business structure, or lacking a separate business phone line can raise red flags, resulting in instant denial from credit providers.
Building your business credit profile starts here. We work with you to ensure your business is registered with the three major business credit bureaus (Dun & Bradstreet, Experian, and Equifax) and that reports are established correctly.
If done incorrectly: Failing to properly register with the bureaus or provide accurate information can lead to an incomplete or inaccurate business credit profile, making it harder to get approvals.
In this step, we guide you through the process of obtaining starter vendor accounts that report to business credit bureaus, helping you build initial credit history with net 30 or net 60 accounts.
If done incorrectly: Choosing vendors that don’t report to credit bureaus or failing to pay invoices on time can result in no credit history being built, effectively stalling progress.
Regularly monitoring your business credit reports is crucial to ensuring your profile is being updated accurately. We help you keep track of credit utilization, payments, and any discrepancies that might arise.
If done incorrectly: Failure to monitor could result in errors going unnoticed, such as incorrect information or missing payments, which could drastically lower your credit score and prevent future approvals.
Once your initial credit is established, you move to Tier 2, where we help you apply for higher-level business credit such as fleet cards, retail cards, and other revolving accounts.
If done incorrectly: Applying for higher-tier credit too soon or not properly managing credit utilization can cause rejections or harm your newly built credit.
At this stage, we focus on obtaining business credit cards, higher-limit accounts, and loans that require stronger credit profiles. This tier expands your financial options significantly.
If done incorrectly: Overextending your credit or failing to follow application best practices can cause lenders to deny applications, halting your credit-building progress.
Here, we secure revolving credit lines with major financial institutions, positioning your business for long-term success. These accounts typically offer much higher limits and flexible terms.
If done incorrectly: Mismanagement of these larger credit accounts can result in damaging your credit profile, making it difficult to get future funding or scaling opportunities.
Each of these steps has been proven effective through our proprietary system, and weekly coaching from a business advisor is essential to your success.
You will make monumental strides following this system over the next 5 years, our 12 months of weekly business advisor coaching will provide ongoing support, guiding you through every challenge and ensuring you stay on track.
These experts will help you avoid costly mistakes, answer your questions, and adjust strategies to make sure your business is always positioned to get approvals and grow.
Best of all the business building & growth system is constantly updated with new features as you grow!
Skipping any of these steps or executing them improperly can delay your business’s growth and make it difficult to obtain funding when you need it most. Our system and coaching ensure you take the right actions at the right time, maximizing your chances of approval every step of the way.
Discover a tried-and-true system designed to help you establish and grow your business credit quickly and effectively. No personal guarantee, no risk to your personal credit—just the right steps to position your business for success.
24/7 Business Funding Suite Access
Credibility Foundation Builder
Funding Match
Business Credit Builder
Hundreds of Business Credit Lines
12 Month Live Coaching
5 Years of Full Access
Full Funding Strategy Session
24/7 Business Funding Suite Access
Credibility Foundation Builder
Funding Match
Business Credit Builder
Hundreds of Business Credit Lines
12 Month Live Coaching
5 Years of Full Access
Full Funding Strategy Session
Funding Essentials
MONTH TO MONTH
24/7 Business Funding Suite Access
Credibility Foundation Builder
Funding Match
Business Credit Builder
Hundreds of Business Credit Lines
Online Ticket Support
12 Month Live Coaching
5 Years of Full Access
Full Funding Strategy Session
When evaluating the pricing structure of our business funding programs, it’s important to consider not just the upfront cost, but the long-term value and peace of mind you gain from partnering with a nationally recognized leader in business credit building.
Here's why:
1. Proven 7-Step System: Our proprietary process has been used by countless businesses across the country, resulting in tangible, measurable success. You’re not just buying a service—you’re investing in a system that has consistently delivered results. Every step is designed to systematically build your business’s credit profile, positioning you for access to No Personal Guarantee (No PG) credit lines that eliminate personal risk.
2. No PG Business Lines: By following this process, you’ll be able to free up your personal credit, which is often tied to your business, putting you at risk personally. With No PG Business Lines, you can keep your personal and business credit completely separate, reducing the risk to your personal finances while gaining access to higher credit lines, better rates, and superior terms than you could achieve on your own.
3. Greater Options & Flexibility: Access to hundreds of business credit lines without the need for personal guarantees gives you far more flexibility in how you can grow your business. You’ll be able to apply for larger credit lines and loans, often with lower interest rates and more favorable repayment terms, allowing you to focus on scaling your business without the constant worry of over-leveraging your personal credit.
4. Risk Reduction: One of the major benefits of our program is that it significantly reduces your personal financial risk. By establishing your business as a standalone entity with its own credit profile, you’ll protect your personal assets, ensuring that any potential setbacks in the business don’t affect your personal life or credit.
5. Access to Expert Guidance: With our programs, you’re not going at it alone. 12 months of live coaching, plus 5 years of access to business advisors, gives you expert insight and personalized support as you navigate the complexities of business credit building. This guidance alone is invaluable in ensuring you stay on the right track, avoid common pitfalls, and maximize your potential for approval at each step.
6. Far Greater Long-Term Value: The Funding Fast-Track and Funding Accelerator packages may seem like significant investments, but the long-term value they provide is immense. Consider how much more difficult (and costly) it is to obtain business credit without the right support. With this program, you are essentially buying access to better credit, better terms, and far greater capital, all of which will enable your business to grow faster and more sustainably. The return on investment from having a well-established business credit profile can be exponential.
7. Run Your Business with Less Risk, More Success: Ultimately, these programs are designed to help you run your business with fewer risks and more potential for success. By separating your personal credit from your business credit and gaining access to No PG business lines, you’ll be able to focus on growing your business without the fear of jeopardizing your personal finances.
In summary, while the initial pricing may seem steep at first glance, the long-term benefits far outweigh the cost. By following our proven steps and gaining access to expert coaching, you’ll achieve greater financial freedom, significantly reduce your personal risk, and open the door to better funding opportunities that will fuel your business’s growth and success for years to come.