Many businesses struggle to get approved for a loan. When they do, it's usually under unreasonable terms and all around the wrong option. Unbeknownst to most business owners, a little financial and credit preparation can open up many opportunities such as qualifying for an SBA Loan.
This includes everything from disputing allocated transactions on your credit reports as well and deploying different strategies to open up credit lines and build new records to show credit worthiness.Â
This process includes opening trade-lines for your business and operating them correctly to get a perfect or near perfect Paydex score. This will open up opportunities through your business credit that you wouldn’t have otherwise, as well as mitigate personal liabilities along the way.
Here’s a checklist of items we cover additional to working your business credit:
Who Qualifies for this program?
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(Based on American SBA previous clients)
Repairing and building your credit score is part of our program, so the initial score will only change our approach.
Businesses generating less than 10k a month in revenue will struggle to qualify for higher tier options.
We see a much higher success rates with businesses over 2 years old.
Getting started with this program is as easy as filling out our application and having a phone call with one of our specialists. From there he’ll ask you for some information and login credentials to get started with the heavy lifting.
You can find the application by clicking here.
Virtually all industries can benefit from working capital. Some more than others, but given this product provides such flexible use-cases, opportunities arise at any situation.
Short term capital loans have proven to be a great option for the transportation industry! Funds are likely used for buying trucks, equipment, or repairs. Often a very popular option for this industry.
Many retail store owners require some extra capital to leverage economies of scale to take advantage of discounted prices and lower costs per goods sold!
Many medical professionals that require an upgrade in their equipment or an expansion of their current operation resort to short-term capital loans. Often secure lower rates than the average.
Professional services often have the same issue than other independent contractors. There's a demand for work, but no capital for the required resources. This solves that issue!
Contractors often have many projects ahead that are left untreated for lack of proper resources. These loans are able to bridge that gap and allow work to happen!
Time-in-time again we service owners with broken essential equipment. Every day without it is costing them money. This product serves useful as it is the fastest road to funds.
The ASBA newsletter focuses on assisting entrepreneurs in 5 of the 6 key components of every disruptive business: marketing, sales, process development, recruiting, as well as financing. All our clients need is the vision and ability to lead!