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Can You Get Business Funding After a Default?
Learning exactly what needs to be done to make it happen, is in this book.
As you've likely found out already, it's extremely difficult to find business funding once you've had a default. But there is one real path to success:
It's following every one of the 33 secrets described in the book above, "Struggling to Get a Business Loan?
33 Reasons Lenders Decline Business Loan Applications
—and How to Fix Each One."
Are there any shortcuts without buying the book?
Possibly, but also possibly not. The book covers
every single reason a U.S. business could have for
being declined after a default.
The biggest reason? #1 in the book, choosing the right lender.
If you are in a hurry, though, and need funding yesterday, follow this advice exactly:
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Step 1: Write down this sentence: "I need to speak to Mark
or John about getting a loan with a prior default."
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Step 2: Call (909)-930-9159. If a live agent answers, say
that sentence exactly. You'll be helped quickly once you are patched through.
-If the A.I. bot answers because we're busy, tell it that sentence exactly. Clearly and slowly state your name, business name, and telephone number.
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Step 3: Check your phone. Make sure it is on, and volume is up. Wait by the phone. We'll call you within 2 to 30 minutes​
What can I expect?
It is possible you will pass pre-qualification, and your application will be taken verbally.
It's possible you will receive a funding offer after submitting the required documents.
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It's also possible you will still be declined because one or
more of the items in the book were not followed.
The book is strongly recommended to guarantee success...See examples of those that did:
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The examples below are real U.S. businesses that received
nice funding amounts after a default, and used the money
to grow their business back to pre-COVID status over time:
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-Transmission Shop: 2 defaults. 505 FICO. Funded $45K.
-Nail Salon: 1 default, 386 FICO. Funded $23K.
-Architecture firm: 1 default, 590 FICO. Funded $16K.
-Pet store: 1 default, 498 FICO. Funded $10K.
-Tool Shop: 3 defaults. 590 FICO. Funded $55K.
-Entertainment Venue: 1 default, 603 FICO. $75K.
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There are many more. Some as small as $5K.
They all took what they could get, paid back faithfully,
and used the money to grow and recover.
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Also, some folks are nearing default, and consult a lawyer,
or are thinking about doing that. Before you do, check with us first: We have special programs where we can possibly merge your loans into one smaller payment, and possibly even get you more cash out.
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Doing nothing is the only mistake you can make.
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If you are in dire need of assistance, call today,
at the number below.
If you have some time until things get out of control,
order the book, then follow the steps.
Never defaulted, but are being declined due to credit score?
Read this important A1 article.