The 4 Cs of lending

If you are looking for money for your business then you will be happy to know you only need one “C” to qualify with us. With a bank and almost all Loan Brokers, you will need all four.

The first C is Cash Flow.

When you have an existing business with good cash flow you can qualify for business funding. If you do have verifiable cash flow, this substantially increases your chances of being approved for funding. There are many funding programs you might qualify for, one being Business Revenue Lending.

Second is Collateral.

If you don’t have cash flow, your business still might have Collateral. Collateral for your business is really your business assets. Many things can be used as collateral including equipment, purchase orders, credit card sales, even account receivables. Having Collateral greatly increases your chances of being approved.

Third is Business Credit.

If you don’t have cash flow or collateral, you still can qualify for business funding. Lenders also look at your business credit to qualify you. Business Credit is our third C. Lenders will lend you money with no personal guarantee based on your business credit profile and score. If you have a good business credit profile you can use that as security to obtain funding. If you don’t have business credit built now, call us so we can help you quickly build an excellent business credit score and profile.

Fourth is Personal Credit.

Maybe you are just starting a new business, and you have no business credit, cash flow, or collateral. In this case you can still qualify for funding. But lenders will use your personal credit to qualify you. Personal Credit is the fourth C that lenders will look at to approve you for funding. You can secure credit lines through us, up to $250,000. These types of unsecured credit lines do not look at revenue or financials. Your good personal credit is all that is used to qualify you for funding. If you don’t have good credit, we can also help you improve your personal credit profile to secure funding.

All you need is 1 of the 4 “C”s to qualify with us. And we can help you build business credit and improve your personal credit so you will qualify for the most business financing possible.

Expert Credit Consultants, LLC specializes in establishing business credit and funding using our exclusive Business Credit and Financing Suite as well as consumer credit restoration and optimization. www.ExpertCreditConsultants.com.