Boost your credit score by an average of 60 to 120 points in only 30 days with our Credit Builder Loans!
Build Your Credit
What’s a CREDIT MIX and how does it affect my credit report?
A credit mix refers to the different TYPE of accounts on your credit report Credit Mix determines 10% of your FICO score.
How do Primary Credit Builder lines help my credit?
Primary lines increase your borrowing power along with increasing your credit score and lowering your utilization which are all factors that go into your credit score
Increase your borrowing power
Credit Builder Loans
Boost your credit score an average of 60 to 120 points in only 30 days with our Credit Builder Mix!
Features 3 Credit Building Loans
2- Revolving lines
1- Installment
Increase borrowing power and reduce utilization
Credit Line Application Process: Your Path to Credit Success
Our Streamlined 4-Step Credit Process
- Professional service agreement
- Transparent payment structure
- Secure payment processing
- Expert guidance throughout
- Direct bank communication
- Streamlined application process
- Application sent to your email
- Dedicated support team
- Quick identity verification
- Documentation review
- Instant approval system
- Personal support specialist
- Monthly reporting cycle (21st-24th)
- Reports to all major bureaus
- 12-month credit history building
- Dedicated credit monitoring
Corporate Loans Establish or Boost your Corporate Credit! Lines report to Experian, Equifax, Dun & Brad, SBFE, and LexisNexus
Corporate Loans
Establish or boost your Corporate Credit! Loans report to Experian, Equifax, Dun & Brad, SBFE, and LexisNexus
Mixture of credit= 10% of Score
Features Credit Building Primary Lines
- – Revolving
- – Installment
Package can include 4 loans for a CREDIT MIX to increase your borrowing power up to 3.5 Million Dollars. Approval is automatic with purchase.. Lines require a fee of 5% of financed amount to be paid upfront.
Customize it to what you need to take your business to the next level
Corporate Credit Builder Loans
- Business Revolving line up to 100K
- Installment Corporate $250,000 to $2,000,000
FAQs for building business credit
Whether you’re a new business or an established company trying to improve your credit, you may have questions about how to build credit. Here are some common questions and answers that can help.
Which credit accounts do I need to build credit?
In order to build credit, you’ll want to open accounts that report to the credit reporting agencies. It’s a good idea to set up a minimum of two or three accounts (or trade lines) with companies that send in reports. These can include business loans and business credit cards.
How is business credit calculated?
Different credit scoring models emphasize different factors when compiling scores. Some things that are likely to be considered include your payment history, credit utilization, and how long you’ve had your accounts.
Experian considers factors like your outstanding balances and payment habits, as well as public records (including liens, bankruptcies and judgments) and Company background information from independent sources.
How is business credit different from personal credit?
The scoring system for business credit is different from that for personal credit, although some of the same factors are considered. In addition, information stays on your business credit report for varying lengths of time that aren’t the same as for a personal credit report. Payment trends over 12 months are among the factors considered.
Which types of businesses can have business credit?
Business credit cards are available to most company owners with good credit. This includes freelancers, LLCs, corporations, and small or large business owners.
Profile of a Prime Borrower That Banks Look For
Actual Client profile:
- 720 credit score
- 4 yr old corporation
- has a 40k auto loan
- has a 300k mortgage
- 3 credit cards from 5-10k
- No corp credit
Funding:
- Vendor Loans=70k from 2 banks/ total: 140k
- 0% Businesses Credit Card Stacking: 100-150k (4-5)Credit Cards
- Business Lines of Credit from 2 Banks
- 50k per Bank= 100k
Add 200k Real Estate loan gets you approved for 2 Vendors loan at the same time for $250k that’s a total of 500K in Corporate Funding