IMPORTANT
Any corporation that is 2 years of age or younger (including newly formed corporations) can potentially only obtain up to $100,000 in Unsecured lines of credit and 1 Million in secured lines of credit. Corporations that are older can potentially obtain up to $500,000 in unsecured lines and up to 4 Million dollars in secured lines of credit.
Need help deciding which services is the right solution for your corporation's needs?
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Let us help you make the right decision for your corporations.
Although we ourselves are not the lenders, we routinely see the following types of corporations obtain the funding they are seeking:
LLC's, C-Corporations, S-Corporations, Aged Corporations and Shelved Corporations
Get your business established with D&B & Experian.
Since Dun and Bradstreet is the oldest established credit reporting agency, it is also the most reliable source for business insight. For that reason, lenders use D&B often when making credit decisions on businesses. Being listed with D&B gives the lenders often that sense of security required for funding and therefore lenders will often extend to you greater credit.
However, vendors also use DNB to make credit decisions on your company and competitors will often pull your report to spy on your corporation. Is your D&B account Lender Compliant?
There are many factors that DNB uses when building your credit and one of several hundred is having the right kind of address and another example is that the telephone number can make all the difference. The fact is that there are over 150 mitigating factors that can potentially cause your report to go into high risk and those factors change from business to business.
Knowing how to navigate through the questions can be difficult and sometimes frustrating. If you are going to be applying for funding you need to ensure that your report is the one lenders are interested in seeing. Our systems are built to ensure the information you provide D&B is reflected accurately.
FAST FACTS
Did you know using the same vendors for all your corporations will likely cause ALL your corporations to be flagged?
Did you know that how you submit the information to D&B and Experian can potentially cause D&B or Experian investigators to closely analyze your credit report.
Did you know that one of the most mitigating factors that causes corporations to be flagged as high risk is due to owners of one corporation assuming the same parameters apply to their other corporation, like the type of address or number of employees?
Did you know using the same vendors for more than one corporation is one, if not the greatest factors that causes every business to be likely flagged as high risk?
SOLUTIONS
One year in its making, our step-by-step guide was created by 5 veteran D&B employees with a combined D&B experience of 10 years. Our guide will carefully assists you to navigate around the main triggers that D&B and Experian look for when you submit data to them.
We have former D&B employees standing by to assist or answer any questions you might have.
Business Plan Template
A thorough and comprehensive business plan is designed to ensure that your business plan matches your Dun and Bradstreet and Experian's information while ensuring that wording and language are consistent with your SIC CODE (Line of Business, LOB).
We accomplish this by ensuring your very detailed business plan does not conflict with the information you have provided to Dun and Bradstreet or Experian, while also providing the lenders the key information that is normally not found in business plans such as copies of your business credit reports from DNB and Experian, giving them the opportunity to run an unbiased comparison of your business to that of your competitors. This in turn will save the lenders much of the leg work they would otherwise require to perform, ensuring your business plan to receive the greatest amount of consideration it deserves.
Ideal for individuals who have started their own corporation or purchased an aged/shelved corporation and are seeking money from venture capitalists, Secured, and Hard Money lenders. Since lenders use Dun and Bradstreet and Experian to make credit decisions, it is important that your business and its model match PERFECTLY with your business plan.
Get Sample Meeting Minutes
Meeting minutes are important. They capture the essential information of a meeting – decisions and assigned actions. They keep attendees on track by reminding them of their role in a project and clearly define what happened in a group session. Meeting minutes clearly outlines the organization of your corporation with regard of each person’s duties.
This information is very important to a potential lender since they want to know if you have an well oiled corporation where each individual has a role in the everyday operations of your company. On the other hand meeting minutes includes greater insight into how your corporation should be organized that a potential lender can find appealing by demonstrating among many other factors if your corporation has sales meetings with their staff. Even if you are the only employee of that corporation, how you present the minutes will play a vital role in the lender’s decision making process.
While a business plan is considered a “sales pitch”, the meeting minutes is viewed as an internal perspective into your everyday operations, providing the lender with the confidence to invest in your business venture. |
