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The Loan & Credit Grandmaster
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Answers finance, loan, and credit questions from the podcast & videos:
The Loan & Credit Grandmaster Discusses "Loan Decline Myths" and A1 Financial's "Alternative SBAs".
This video explains some of the loan decline myths out there, and what the next step is if you've been declined for an SBA loan: "Alternative SBAs".
Many folks don't understand that the SBA will decline you & your business for a long list of reasons. See the list in the video. A1 Financial USA is SBA Certified to offer Express SBAs funded in just 15 days, compared to the 3 to 4 months it takes if you try yourself. Over 90% of DIY applications that would otherwise be approved are declined due to improper formatting upon submission to the SBA. The L&C GM can submit your file properly and get you funded in just 15 days...for NO CHARGE! Why go anywhere else?A1 also offers "Alternative" 10 year loans with monthly payments to those that are not eligible for SBA Loans if the FICO is 640 and higher. Rates will be higher than traditional SBAs. Alternative funding is also available to business owners with scores under 640, up to $25M unsecured (no collateral needed.)
Watch YouTube for more "Loan & Credit Grandmaster(TM)" videos, on credit, business, loans, and secret tips!
Watch Episode #11 here:
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