FAQs
Frequently Asked Questions
We understand you may have questions before getting started. Below are some of the most common inquiries we receive about business credit, funding, and unclaimed funds. If you don’t see your question here, feel free to contact us directly — we’re happy to help!
Business Credit
Business Credit Why is business credit important?
A strong business credit profile leads to higher credit limits, better interest rates, and more funding options. It helps separate business and personal finances, protecting personal assets.
What’s the first step to establish Business Credit?
Register your business (LLC, Corporation) to separate personal and business credit.
How can I use business credit to grow my business?
1) Use vendor credit for supplies & inventory;
2) Get a business line of credit for expansion;
3) Use 0% APR business credit cards for cash flow.
Unclaimed Funds
What are unclaimed funds?
Unclaimed or surplus funds are government-held monies that come from closed accounts and other sources and that are owed to individuals, businesses and organizations.
How does the process work?
We obtain your notarized approval and file the necessary forms with the state agency holding your funds. The forms are reviewed and processed and the funds are schedule for distribution. In some cases, it may be necessary to obtain a court order to have the surplus funds distributed. During the entire process, there is no upfront cost to you. We will NEVER ask you to pay anything out-of-pocket.
Business Funding
What is business funding?
Business funding refers to financial resources that a business obtains to start, operate, or expand. This funding can come in the form of loans, investments, grants, or credit lines.
How do I qualify for a business loan?
Some deciding factors may include: 1) Personal or business credit; 2) Business revenue and cash flow; 3) Time in business; 4) Debt-to-income ratio.
Is it possible for a brand new business to get a business loan?
Yes.
Is it possible to get a ”No-Doc” or EIN business loan?
Yes.
Are business grants available?
Yes.