Business Credit & Funding
Business Credit and Business Funding
We are very strategic in preparing your business to be in the best position possible for business credit and funding.
We first start with the basics to review how your business is structured, i.e., LLC, Sole Proprietor, Corporation. We will provide you with a checklist to determine if any foundational work is needed. We will then determine where you are credit-wise. If any improvements are needed, we are able to make those adjustments prior to applying for business funding.
Business Credit
Our Goal is to Maximize both your Personal and Business Credit Scores so that you may build, use and leverage your credit for business growth.
While your personal credit is measured using the FICO scoring system, business credit is determined by the PAYDEX score.
- The FICO score ranges from 300 to 850 and is determined by
- Payment History (35%),
- Amounts Owed/Utilization (30%),
- Length of Credit History (15%),
- Credit Mix (10%), and
- New Credit Inquiries (10%).
- The PAYDEX Score range is from 0 to 100. It is issued by Dun & Bradstreet and is determined by
- Payment History with suppliers and vendors and
- Early payments, which may push the score above 80.
Business Funding
We utilize our knowledge in the industry and to obtain the maximum amount of funding for your business based upon your business needs. While there are numerous funding methods, our focus for business funding primarily involves:
- Business Credit Cards
- Business Loans
- Lines of Credit
- Grants
We also offer Credit Card Liquidation.