What is
business funding?
What is
business funding?
Business Credit is credit that is obtained in a Business Name. With business credit the Business builds its own credit profile and credit score. With an established credit profile and score, the business will then qualify for credit. This credit is in the business name and based on the business’s ability to pay, not the business owners. If the business qualifies for the credit, in some cases there is no personal credit check required from the business owner. Approval limits are much higher on business accounts versus personal accounts. Per SBA, credit limits on business cards are usually 10-100 times higher than consumer credit.
Almost any business can get business credit if it has an EIN number and entity setup!
⦁ You don’t need collateral
⦁ You don’t need financials
⦁ You can be a startup
⦁ You just need to know the proper building steps
What do you need?
Get your FREE Business Credit Checklist here!
Why is it Important?
For one thing, it matters because sometimes businesses need money to fund new expansions and other big expenditures. For the business owner, having a strong business credit profile means that their borrowing power will probably be more than DOUBLE what it would be if they did not have business credit.
Over 95% of businesses fail within their first 5 years in business. Surveys have shown the main reason for their failure is a lack of capital to help sustain and grow the business. Many of those businesses were producing good revenue. But the revenue wasn’t enough to keep the business running, help the business grow, and to leave enough money for the business owner to be paid.
Business credit can be used for a variety of things. Here are some examples:
⦁ A convenient and simple way to order office supplies and manage expenses related to running an office.
⦁ A large credit line for financing the day-to-day operations of a business.
⦁ Loans for funding new projects or products, marketing campaigns, and more.
⦁ Buying or leasing real estate for the operation of the business.
⦁ A primary or secondary funding source for startup or expansion purposes.
Business credit has no impact on the business owner's personal credit. When done properly, business credit is obtained without the SSN being supplied on the application. This means there is no credit check from the business owner to get approved. This also means that anyone who has bad, even horrible personal credit can still be approved for business credit. Spend some time building your business credit so you can double your borrowing power and scale your business.
Need Help?
Funded w/Lady K’s Business Finance Suite is the most comprehensive funding solution in the world today! Through our finance suite there are three major benefits you will receive for your business:
⦁ First we reveal the lending secret formula and help insure your business is setup credibly to radically increase your chances of approval.
⦁ Next we pre-qualify you through our unique Financing Approval Engine that cross-checks your information with underwriting guidelines for thousands of lenders which gives you the best chance of being approved for cash funding.
Don’t wait to get your Business Financing Suite today!
How we can help?
Business Financing Suite
How we can help? Business Financing Suite
Business Financing Suite
$700 DOWN-
411 Listing Assistance
-
EIN and Entity Setup Assistance
-
Business Name Credibility Assistance
-
Fix Damaged Business Credit
-
Access HIGH-Limit Store Credit Cards
-
Exclusive Access to Starter Vendors
-
12-Months of Business Advisor Support
-
And so much more!
-
English and Spanish Access
Business Financing Suite
$1,000 DOWN-
411 Listing Assistance
-
EIN and Entity Setup Assistance
-
Business Name Credibility Assistance
-
Fix Damaged Business Credit
-
Access HIGH-Limit Store Credit Cards
-
Exclusive Access to Starter Vendors
-
E12-Months of Business Advisor Support
-
English and Spanish Access
-
And so much more!
Business Financing Suite
$0 DOWN-
411 Listing Assistance
-
EIN and Entity Setup Assistance
-
Business Name Credibility Assistance
-
Fix Damaged Business Credit
-
Access HIGH-Limit Store Credit Cards
-
Exclusive Access to Starter Vendors
-
12-Months of Business Advisor Support
-
And so much more!
-
English and Spanish Access