Business Credit

Once you finish your business credit building in step 5 you are exposed to more funding programs in step 6. Many of these funding programs will allow you to qualify using your newly established business credit profile and score, so you can get approved with no personal guarantee. Step 6 is the reward you have worked for. You can now finally separate your business and personal liability and secure money without being personally liable for your business debts. Now you have one of the strongest assets your business can possess, a powerful business credit profile. This means into the future you will have a much easier time obtaining credit and funding in your business name. You will even start receiving multiple offers from retailers, and Visa, MasterCard, and American Express, for business credit cards in your business name. Now you can sit back and enjoy running a business with massive amounts of credit and capital backing you, making it even easier to build the business of your dreams.

It only takes a few months to build your initial vendor accounts in step 4 and have them reporting on your business credit report. Once these 5 new accounts are reporting, you can then start securing revolving credit cards in step 5. Much of this credit you obtain in step 5 is business credit in your business name, so there is no personal credit check required. And much of the credit can be obtained with no personal guarantee from you eliminating your personal liability. You will first start with some revolving “starter” accounts including credit cards with retailers such as Staples, Home Depot, Tractor Supply, Shell, Office Depot, and more. As some of these accounts report on your business credit report you will then be able to get approved for even more credit. You can continue to apply, get approved, and obtain credit in your business name with many well-known retailers, and some you might not have heard of. You can be approved for credit with Wal-mart, Costco, Amazon, Dell, Lowes, Sears, BP, Chevron, Sinclair Gas, Speedway, Sam’s Club, Pitney Bowes, and many more. You can even get approved for multiple credit cards with Visa, MasterCard, even American Express. As you build your business credit in step 5 you will see that many creditors will issue you approvals as high as $10,000. And again, these are credit cards in your business name, and many of them require no personal credit check or personal guarantee from you to be approved. Each retailer lists the products they sell, who they report to, and also their underwriting requirements so you will know you can be approved before you even apply. We even offer you a $50,000 guarantee that they will be approved for at least $50,000 in business credit, and this guarantee applies regardless of your personal credit condition. So you truly have nothing to lose with our leading business credit building system.

In Step 4 we help you get approved for new credit in your business name that reports to the appropriate business credit reporting agencies. Much of this credit can be obtained with no personal credit check, and with no personal guarantee required from you eliminating your personal liability. The first step in building business credit is to get approved with 5 Net 30 vendors who will give you credit, and who do report to the business credit reporting agencies. Once you are approved and you use those accounts, the accounts are reported and will become your initial tradelines on your business credit report. As long as you pay your bills timely, you are awarded exceptional business credit scores that will help you start getting approved for more revolving credit cards in Step 5. You have over 40 vendors to choose from, the largest selection anywhere. And most of those vendors will approve you for credit even if you are a brand new startup business. Each vendor in the Funding Suite offers extensive details about their company, reporting, and underwriting criteria. You can see the bureaus that each vendor reports to, you can learn about the products and services each vendor offers, and you can review the vendor’s actual underwriting guidelines so you will know you can be approved before you even apply. You can even connect with each vendor directly through the Funding Suite in just one click. And all of your application information auto-populates from the Funding Suite onto your applications for credit, saving you hours of time. So in one click, you can easily submit your applications to your new business credit vendors. Once your new vendor credit is reported to the business reporting agencies you are then awarded an exceptional business credit score. We then help you leverage your newly built business credit profile and score to get approved for even more revolving business credit cards in Step 5.

Once you have been approved for business funding, we then help you begin the process of building your business credit in Step 3. The first step in building business credit is to see what is on your business credit reports now. The Funding Suite makes this very easy, and free to do. You first will access your Experian Smart Business credit reports. This will tell you if you have any trade lines reporting now on your report if you have an active credit profile open with Experian, how many inquiries you have on your report, and more. Everything you need to know from Experian to build business credit is supplied through this Smart Business monitoring, and you can monitor your credit building in real-time with this feature. Plus the Funding Suite is the only place in the world that Experian actually gives you this data for free. You can also elect to enroll for full credit monitoring with all three of the reporting agencies Equifax, Experian, and Dun & Bradstreet. The full monitoring does have a cost if you elect to enroll, and you can monitor and access your reports directly through your Funding Suite, the only system in existence with this direct integration with the reporting agencies. You can also obtain your DUNS number through the Funding Suite for no cost. And your credit profile with Dun & Bradstreet becomes active when your first vendor account reports. This means you avoid any required expenses from D&B that will normally cost you up to $700 with them directly. The Funding Suite is the only one in the world that lets you monitor your business credit reports in real-time as you are building your business credit, has direct integration with the business credit reporting agencies, gives you free Experian Smart Business access and a free DUNS number which will save you over $1,000. All of this shows how credible and valuable the Funding Suite truly is.

One of the most important differences between our system and every other business credit building system is the cash money you have access to, and how fast you receive it. Our clients love the idea of building business credit and limiting their personal liability. But even more important, they want cash money for their business and they want it quickly. Our Funding Suite is the only system in the world that combines both business credit building and the acquisition of cash funding to ensure you can get more money quickly for your business. In Step 2 you complete your funding application by answering questions relating to your business assets and collateral. Once you complete this step, your full application is then cross-checked with thousands of lenders’ underwriting guidelines, and you are pre-qualified for over funding programs including credit lines and loans. In this step, you have access to thousands of different lenders, hundreds of direct finance sources, and hundreds of thousands of dollars in funding and business credit for your business. You can qualify for merchant advanced, purchase order and account receivable financing, equipment and auto vehicle leasing, inventory financing, unsecured credit lines, loans up to 12 million, and much more. We even provide you access to a credible company to help you create your business plan if you need one. Plus many funding programs are based on the business collateral you have, such as credit card sales or consistent revenue. This lending only looks at the strengths of your businesses, making it even easier to be approved. The Funding Suite has money available for business owners with challenged personal credit, and even for brand new startup businesses. The Funding Suite offers cash funding as low as $5,000, and as high as 25 million dollars. All together the Funding Suite offers more funding sources and products than anywhere else. And you have your own certified funding advisor to help you navigate your multiple funding options and help you get approved. By offering such a large abundance of financing sources and products we give you, as a business owner, the best chance of being approved and obtaining funding for your business.

Meet Lending Guidelines Before You Apply Almost all lenders keep their underwriting guidelines secret. As a result, most business owners who apply for financing are denied as they don’t meet some of the lender\’s requirements for approval. In step 1 we actually reveal the lender\’s secret formula for approval. We go through all 20 secret points that lenders look at on your business funding application, and help ensure you meet or exceed their requirements for approval. By helping you meet lending requirements before you even apply, you then stand the best chance of approval. In step 1 you will complete an online application. Along the way, we help you understand what lenders must see for approval and then offer you one-click solutions if you don’t meet that lending requirement now. We can assist you with filing for the proper corporation entity, setting up a virtual address, obtaining a phone number, fax number, and toll-free number. We also assist you in setting up your email address, getting your website up and running, ensuring you have the proper licensing, and more all in step 1. We even help you secure a merchant account to accept credit cards if you don’t have one now. As you proceed through the step you will be completing an online funding application. Once completed, this application information will then “auto-populate” on to your funding and credit applications as you proceed. This will save you a lot of time and make it easy for you to apply as you only complete an application once, and then that data auto-populates with most of your future credit and funding applications. Step 1 and all other steps give you the ability to through each step with written and audio or video instructions. You will also be assisted by our certified business credit coaches who will hold your hand as they help walk you through the funding approval and business credit building process. As you complete step 1 you will finally know that you have a credible business that lenders will want to lend to. This makes it easier for you to get money for your business starting in step 2.

You probably went out on a limb to create the business you now run. You probably took risks to get where you are. You may have never thought you’d make it this far. But now that you have, you’re ready to grow your business even more and take it to the next level. The big question is: how? How do you grow your business into something bigger and better? While there is no one way to grow a business, there are certain avenues you can pursue that will help more than others. Here are 15 options you should pursue if you’re serious about growing your business and making a name for yourself. 1. Plan ahead You can’t successfully grow your business blindly. You need to have a plan. How much do you want to grow? Do you want to simply increase revenues in your current location, or do you want to expand to multiple locations? Do you want to put more focus on e-commerce over your brick-and-mortar store? What is your plan to get to where you want to be? Make sure you have laid that out in detail before you move forward. 2. Hire the right people Your team is an extension of you, your brand, and your business, so it’s important to find the right people. Make sure you know exactly what roles you need and what you want them to be doing in those roles. Make the job description as clear as possible, and in the interview, focus on soft skills instead of hard skills. It’s a lot harder to teach social intelligence. 3. Open a new location If you’ve done your homework and you know that a second location would do a world of good for your business, then do it! A second location is a great way to expand your brand and reputation. Make sure you’ve got a business plan for your new location, that you have the funds to carry it out, and above all else, make sure you choose the right location. 4. Embrace technology What forms of payment do you currently accept? Are you still a cash-only business or do you accept cards now? What about mobile payment options? Do you use a POS system? If you want to grow your business, make sure you are able to accept as many forms of payment as possible to ensure you don’t have to turn any potential customer away. There are so many ways to automated processes now that you should utilize as many as makes sense for your small business. Do you have a newsletter that you send out each week or month to subscribers? Do you do it manually or do you use an email marketing automation system? You have so many things to do every day already, try using some tools that will help you streamline processes and free up your schedule for more pressing matters. 5. Tap into E-Commerce Does your business have a website yet? If it does, can your customers purchase anything on the site? If you’re ready to grow your business, e-commerce is a channel you should absolutely be pursuing. Nearly 80% of the entire U.S. population has made an online purchase and 50% have made more than one. E-commerce sales aren’t slowing down any time soon. In the 2nd quarter of 2016, e-commerce sales account for 7.5% of total sales! Suffice it to say, if your small business has not tapped into this market yet, now is the time to do so! The more revenue opportunities you can generate for your business, the better. 6. Increase your online presence If you have a website, that’s a great first step. But what about social? Do you have a dedicated Facebook, LinkedIn, or Twitter page? How do people hear about you? Do you utilize any paid social? Now, this doesn’t mean that you have to have a page on EVERY social channel available. But what you should definitely be doing is analyzing where your ideal customer spends the most time and make sure to grow your presence on those particular social channels. Another great way to boost your online presence and grow your business is to have an active blog for your small business. Find out what your customers want to learn more about and what content will help them and drive them to your site. The most important thing for a blog to be effective is to blog regularly. You need to create a blog that is reliable, one that is constantly producing new content. If your blogging efforts are only sporadic, you will have a very difficult time gaining any type of loyal following. 7. Have a GOOD website Just having a website is not enough in this day and age. If it looks old, dated, or unhelpful, people will perceive your business as one that is not credible. In fact, 48% of people cited a website’s design as the number one factor in deciding the credibility of a business and 94% said it was the reason they mistrusted a website. If you don’t have any experience designing a website, not a problem! There are plenty of sites out there that can help you put together a classy website that fits your company and/or brand perfectly. Take time to perfect your website so it conveys exactly what your business is all about. 8. Loyalty programs or discounts Out of all the business, you generate, 55-70% of company sales come from your most loyal of customers. With that in mind, you want to do everything you can to keep those loyal few around as long as physically possible. You can use a punch card, a points system, or a myriad of other options, but make sure whatever system you choose is something that those loyal customers will adopt. 9. Franchise If you want to expand rapidly and have a business model that can be made into franchise opportunities, then franchising your small business may be an excellent way to grow your business. The most important thing to remember