HOW TO RAISE CAPITAL WITH BAD CREDIT / A GREAT TWO YEAR PLAN TO HAVE CAPITAL TO START A BUSINESS OR INVEST IN REAL ESTATE.
These instructions are only suggestions coming from our past experience.
OUR GOAL:
Raise $250,000 in TWO years starting with BAD or NO CREDIT.
REMEMBER: This time frame of TWO years is based on an individual having bad or no credit. If your personal credit is better or great, you can get funding within 45 days.SO FOR THOSE WITH BAD OR NO CREDIT:
Here is our objective for those with bad or no credit.
We will start repairing and building your personal credit and at the same time we are going to build out THREE to FIVE businesses.
REMEMBER: Every business we build out, can be a funding potential of $250,000 once your credit gets better.
This means in TWO years when your credit is good and you have FIVE companies built out, you can now get over $1Million in funding.
MAYBE: someone with good credit wants to step in and help you get capital. Now you both are bringing VALVE to that partnership. They are bringing the good credit and you are bringing the companies with great credit that is fundable.
WHAT TO BE CAREFUL OF:
You will find out that once you follow all these steps, getting funding will be easy. Knowing what to do with your funding is going to be a problem if you do not have a solid plan.
Many people think that they have the perfect business idea, later to find out that that business will take SIX months to a year to start producing but payments on your funding starts 30 to 45 days after you get funding.
HOW TO STRUCTURE THE USE OF YOUR FUNDING
We suggest that if you receive a total of $250,000 in funding, you should put aside about $70,000 for monthly payments so that you guarantee yourself that you can cover monthly payments for at least 15 months. DO NOT come up with an investment for the whole amount. Always give your business ideas time to produce and be prepared for JIC moments ( Just in Case ).
WANT TO GET FUNDED AND JOIN US IN REAL ESTATE INVESTING
We offer an opportunity for individuals to partner with us in building single family homes where your company with JV with us and share the profits. We sell most of these homes in preconstruction, so it’s a great way to make money IMMEDIATELY and not having to wait for results of some business idea. You have the opportunity to join and make money monthly or every two months. You control your funds because you JV with us. So you always have control. CLICK HERE TO LEARN MORE!
TYPE OF FUNDING WE WILL BE TARGETING
We will be going after Business Credit Card Funding that offers 0% Apr for up to 15 months depending on the card provider.
WHY BUSINESS CREDIT CARDS?
Business Credit Cards is the BEST funding solution. When you are trying to raise capital, you want to target funding that requires no documentation or proof of income. This is the main reason to go after business credit cards. Second, the qualifications for business credit cards can be accomplished with following this step by step guide.
ANOTHER GREAT REASON: You are able to use these funds for up to 15 months without paying any interest. Lets say you are a real estate investor, you can use these funds to buy and flip properties without paying any interest. Its like borrowing money without paying any interest.
BUT I NEED CASH, NOT CREDIT CARDS.
Business Credit Cards can be turned into cash and can be used as cash as you will find out. There are legal ways to pull all the money off of a business credit card WITHOUT paying a Credit Card Advance fee which is about 26%. You will only pay a processing fee of 1% to 2.5% estimated.
BUSINESS TERM LOANS / BUSINESS LINE OF CREDIT / EQUIPMENT FINANCING / AUTO LEASES.
After you have completed this program, and you business is up and running, you may qualify for all of the above depending on your sales and personal credit.
WHAT IS THE AIM OF THIS PROCESS?
The aim of this process is to establish the following:
- Great Personal Credit
- Great Business Credit ( You DO NOT have to have a business, but we will have to register and build out business credit to complete this program )
WHAT ARE WE GOING TO TRY TO ESTABLISH ON PERSONAL CREDIT
Here is what a personal credit profile should look like for anyone looking to get funded. This is what your profile will look like once this process is completed.
PERSONAL CREDIT PROFILE ( Remember this Profile – we refer to it often )
- 6+ Accounts in good standing with TWO years of Excellent Payment History
- No Negatives
- No Lates
- No Public Records
- Less than 2 inquiries in the last SIX months
- DTC ( Debt to Credit Ration ) – usage of your credit cards are under 15%
- Maybe an Auto Loan
- 2+ Paid Installment Loans
- Some of you a Mortgage
NOTICE: If your profile is like this, you can be funded real fast.
BUSINESS CREDIT PROFILE ( TWO Businesses, one 2+ years old and one new corp or LLC )
- A Corp or LLC that is TWO years old ( We can also buy an aged Corp.
- Complete Business Credit Build Out
- 80+ Paydex Score
- 6 Vendor Accounts
- Business Tel Line
- Professional website
- Business email
- Facebook Business Page
- Virtual / Home Location
- 4+ Business Credit Cards
HERE IS OUR PLAN AGAIN SUMMARIZED
- Form a New Corp or LLC ( Build our Business Credit )
- Buy a 2+ year old Corp ( Build out Business Credit – There are also Corps and LLC that are already built out )
- Personal Credit – Repair and Establish Personal Credit.
EXPLANATION WHY WE NEED TO DO THIS:
We go through this whole process to fulfil the qualifications of the banks to qualify for the funding. There is NO SHORT CUT when it comes to fulfilling the bank qualifying criterias. To qualify for business credit cards, we need great personal credit to achieve high limit approvals. However, there are ways to qualify for business credit cards based only on the business credit of your business using you business EIN number, but the limits are lower and the providers of such NO PERSONAL GUARANTEE credit cards are limited. We will be using this NO PERSONAL GUARANTEE credit card process to raise capital so that you can complete this process.
WHAT DO YOU NEED TO GET STARTED WITH THIS PROCESS.
About $2.000 to $5.000 depending on your situation
Willingness to be patient and the drive and motivation to follow the process.
Not sure where you stand? – call us to discuss your situation: ( 561 ) 475 – 6774
Depending on your personal credit and the access you have to a Corp or LLC, the amount you need to get started can be less.
WORK ONLY WITH PROFESSIONAL COMPANIES.
In this whole process, you will be asked to join programs from professional companies that have the experience and the know how to get the best results for you. DO NOT try to do this on your own. You will learn very much working with these companies and in the future you can do it yourself.
Never chance an opportunity, we suggest using these companies that are the EXPERTS and what they do.