Home » Services » Financial » nothing upfront 3-5% backend business lines of credit (Chicago and Suburbs)
| Category | Financial | ||
| Title | nothing upfront 3-5% backend business lines of credit (Chicago and Suburbs) | ||
| Description | You are here because your company or your start up requires capital. We can help you obtain the unsecured money you need to take your life to the next level. Frequently asked questions regarding business lines of credit 1) I read on Craigslist that there are shelf corporations available with guaranteed funding; the amounts can be up to $700,000is this true? First of all, no one can guarantee funding; all lenders must approve your application after underwriting it. Next it is extremely unlikely that a Shelf Corporation is going to help you at all, the only advantage this will give you is time in business which will enable you to pass certain underwriting requirements at certain banks. Amounts of funding differ by the strength of the credit of who is guaranteeing the loan; all no doc lines of credit require a personal guarantee of an officer in the corporation. 2) How much and how fast can I get funded, I have read it can take 3-5 days s that true? Legitimate lines of credit take longer than 3-5 days to go through the underwriting process, typically ten to fifteen business days to go through underwriting, approval, and then liquidation of funds. The amounts will vary depending on the strength of credit of the guarantor. The older and more diversified the credit report is the more funding will occur. 3) I have over 700 credit will I be approved? Again the approvals will depend the strength and duration of the credit file, a three year credit history compared to a fifteen year history will yield dramatically different amounts 4) What about no PG credit cards? Do not exist, anyone offering them to you is not going to produce them for you, or if by some fluke they are obtained they were done so fraudulently and there will be repercussions 5) Why are you posting this here? Because you are looking for funds and we can help you get them. We know the majority of the posts here are gross misrepresentations and or outright lies; unfortunately there are posters here that give legitimate operators a bad name. The post is placed so that hopefully you give us a call and find out if we can help you. 6) Do I need good credit to get funding? Yes, or a person in your company who has good credit, 700 or better credit with no recent derogatory marks on your credit as well as low inquiries the past 12 months will qualify for some level of approvals. 7) Can my wife or relative or friend sign for me? Yes as long as you make them an officer in your company (CFO) 8) How are you different than others? First there are several legitimate providers that do what we do.. I live and work in Chicago and will work with you in person. I will answer your questions over the phone and arrange a meeting with you if I believe I can help you. I do not charge any upfront fee and we offer a very low backend fee compared to most. We work with experts in small business lending as well as a licensed attorney. 9) How can I find out more? Call Pete at 708 752 5288 and I will be more than happy to go over your questions |
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| Location | All | ||
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