Have an awesome thought for a product or service? Or perhaps you have an establish business and lack the resources to grow your business to take it to the next level.
To accomplish this, one key thing is vital: cash! Business visionaries today require cash to transform thoughts into reality.
Some are honored to have cash: reserve funds, retirement accounts, speculation portfolios, or family cash.
What does it take to acquire funding for a new company or an established business? The short answer is you need one or a combination of the following elements listed below.
Even if you can have bad personal credit and still obtain a business loan.
Established Business Credit
By establishing business credibility the company can acquire business funding that is not linked to your social security number or your personal credit.
Personal Guarantor with a 680 score or higher
Start-up companies can acquire business credit cards with a 0% introductory rate for the first year!
Collateral
You can leverage collateral such as equipment, 401K, inventory, purchase orders, or real estate to acquire funding for your business.
We Can Help!
Our Business Advisors here at E-Fix Credit are specialists in Business Credit and are willing to help our customers discover, investigate and exploit every single accessible alternative to acquiring financing for heir business.
We have a variety of business funding solutions we offer. Call today to schedule a consultation and speak with on of our trusted Business Advisors and see how we can help you obtain financing for your company.
There are more opportunities in today's financial market place to find funding for new businesses. While the older options of bank financing, SBA Loans, and family and friend investors are still there; now crowd funding and venture capital companies have revolutionized the industry.
No one is just giving money away, but these alternate platforms offer those in need of business capital many more opportunities to get funded. E-Fix Credit prides itself on its ability to facilitate funding options for our clients. We examine each client’s needs and assist them in pursuing the most viable option for their situation.
