How fast can I get the money from these business lines of credit?
1. How fast can I get the money from these business lines of credit?
You can get money from our business lines of credit as soon as your business is approved by our lenders. That means that you must have a registered business before you can apply for these business lines of credit.
You can quickly file for any type of business with your state on the internet. And as soon as you have registered your business name you can start to apply for business credit.
Our lenders usually take about 21 days to approve you for these business lines of credit. So you can get money for your business about 21 days after you have applied.
2. Do I need a business that is 2 years old to get this business credit?
No - you do not need a 2 year old business to get credit if you use the lenders we work with and the system we have created.
You can get business lines of credit from our lenders even if you have a new business with no revenue or income. A brand new business will use our stated income application template to get this business credit.
You do not need to have what people call an aged corporation, shelf corporation or a seasoned corporation to get money from our business credit lenders. If you follow our instructions and use the lenders we recommend you can get business lines of credit with a brand new business.
If you already own a business that is several years old you can also get money from our lenders.
So if you currently have a registered business you can start to get our business lines of credit immediately. And if you do not have a business yet, you will simply register a business name with your state on the internet so that you can start applying for our business lines of credit.
3. How is it possible to get business credit if my business is new and has no revenue or income?
Not every lender will give a new business money. That’s why we have selected and recommend the 15 national lending programs fully described in our guide.
These lenders offer new businesses credit based on their stated income application process. The stated income application for business credit was created by the banking system as a way for new businesses to get start up money.
So you can use all of the 15 lending programs in our guide to get start up money ranging from $200,000 to $500,000.
When your business becomes profitable you will receive increases in each of these business lines of credit and our guide will recommend additional lending programs for your older business.
