We want to introduce you to our truly “Unsecured Business Financing Program” or as we call it the “UBF”. As a business owner, you know that a major risk that businesses fail is the lack of access to working capital. With our Unsecured Business Funding Program, we strive to obtain up to $150,000 in working capital per principal of your business.
We can even bring in more people to access more funding. Many businesses have 2,3, or even more principals to receive funding. The program brings the approval of multiple revolving credit lines so that your business may in that 5 or more credit lines from different sources to make up your total funding.
After user experience, we have found that the success of business funding is based on 4 aspects of your personal credit.
- First is your Personal Credit Score. Ideally, each principal will have scores of 700 or above. Higher credit scores get more funded.
- The second is a Clean Credit History. With no derogatory items onto the past 12 months, such as collections, liens, or judgment.
- The third is Credit Utilization. To maximize the approval amounts, there should be only 40% credit utilization on existing revolving accounts.
- Fourth and last, there should be only 5 credit inquiries with any single reporting agency in the last 12 months.
The good news is we have a UBF Scoring Tool that will provide you with the app monitoring report before you elect to move forward. We will show what actions you may need to take to optimize your credit amounts before you start the process. The process normally takes 2-3 weeks to complete and receive your funding.
All of your new credit lines will have 0% interest for the first 12-24 months based on your pre-qualification. So, for at least one year, the providers won’t charge you anything for the use of your new revolving credit lines. These are revolving credit lines that have no expiration dates.
This means you can continue to use them for years to come. Many of these credit lines will report to the business credit reporting agencies, helping you build strong business credit scores as you use your credit lines and make your payment on time. The process is 100% success-based which means there is nothing to pay in advance before you get funded.
No Application Fee. No Pre-qualification Fee. No Advance Fees.
We hope you find our Unsecured Business Funding Program to be a great tool that you can use to help your business succeed.
Get in depth with Herman and schedule a chat with him on his Calendar.
Call now at 877-938-6324 or 877-9-FUNDBIZ to build your business credit.