Business Credit for Small Businesses

The #1 small business funding option is can we have a drummer please Business Credit line, typical funding is $200,000 to $500,000 plus and in some case you get over a million. The pros are you basically have a “No Doc” approach so you don’t have to provide financial statements to prove what kind of income you have, many of us have income, we just can’t document it, okay.

Funding is in the business name, not your social security number, these lines are revolving so you can use the money over and over again, what do I mean by that, you get a certain credit limit, you borrow up to that limit, you pay that back, you can re-borrow those funds over and over again you don’t have to reapply for the loans each time you want to withdraw the money, you just get the line once you set it up and make sure you stay current on it. And from there, once you are paying it and keeping it current, you can redraw upon that money over and over again without having to apply for the money again. So it’s a one time approval for an infinite amount of use, okay. The only con is you don’t know how to get these credit lines, because the banks have specific credit guidelines, a credit profile that they want to see that far and more than just I have a credit score of X and if you are below X you are going to get denied and if you are above X you are going to get approved.

There is a complete and comprehensive set of credit or lending guidelines that the banks want you to hit and have and if you hit it you are going to get approved. And if you don’t hit all those points you are going to get denied. And the banks don’t tell you what it is, they just tell you to apply. And you kind of like you know just throwing stuff against the wall and you hope you know you stick. So most people don’t know this and we can help you with this, your business credit approved.

So we are going to go through in the next 45 to 50 minutes here, okay and teach you what do the banks want you to have, what do you need to do, starting today to get approved for $200,000 to $500,000 in business credit lines. In our opinion, my opinion, our opinion at BCA Business Credit Approved my personal opinion of Jeremy Zigman Business Credit Lines is the best, because it gives you the most amount of control, you don’t have to give up equity, you don’t have to go through a “Full Doc” underwriting process, you don’t have to show tax returns, you don’t have to show financial statements and it’s not tied to any equity that you may or may not have, it’s unsecured full doc and the interest rates for many of these lines believe it or not are at 0% and we can keep them there for a long, long time.

So what business credit lines do for you is give you all the capital you will ever need because they are evolving, so once you use the money again you can pay it back and redraw upon it so it’s infinite amount of money, you don’t have to give up any equity, you don’t have to give up control, you don’t have to document your income it’s not tied to collateral, it’s really the end all be all in finance for a small business owner or for someone involved in real estate. So get your pens out, your pieces of paper sharpen those pencils get ready we are going to begin the training and by the end of the training today you are going to know everything you need to do to get $200,000 to $500,000 in unsecured revolving business credit lines in the next 90 days.

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