This is where we get started, on the path in separating your personal credit from your business credit. Because you have invested so much into having excellent credit, this program will reward you in obtaining the business credit you need.
– Credit line amounts are based on your personal credit. Your business does not need credit and can be used for start ups as well.
– Interest rates vary from 7% to 15.99%. (This is based on the lenders underwriting criteria and your credit)
– Many lenders offer 0% interest for the first 6 to 12 months to new borrowers.
– Unsecured credit lines with no collateral required. – Stated application process and no income verification. – The lenders will only report to the business credit bureaus (D&B, Experian and Equifax). This is an advantage to a business owner in case the lines are maxed out, the credit will not reflect on your personal credit and only the business. – No upfront costs, if you don’t get approved there’s no fee!
– Fico scores over 700 – Minimal inquiries on your credit – Debt of credit under 30% – Your business must be registered with the state you operate.
As you can see, the program’s simple and easy to understand. If you have any questions or feel there’s something you don’t understand, please don’t hesitate in asking one of our representatives at 877-737- 2388 ext 1.