STUNNING Exposé -- A MUST Read-- Top 10 Myths & Fallacies About Business Funding In 2019
Who knows how they all started. The likely
culprits are large credit card companies and banks that want to keep folks under their thumbs forever....Possibly also, misleading posts by uneducated beginners in the field
contributed to these widely thought myths and fallacies. Sit back, relax and read the truth exposed by a 33 year pro, A1 Financial USA's own CEO Mark Ayers, who will back up each and every one of these , with a story of a real life example:
1) "Your Credit Score is the "be all and end all"
of the decision in business funding" :
The truth is, your credit score is only about 5-10% of the determining factor.
A1 Financial USA funded a merchant with a 383 (lowest humanly possible is 350) credit score $22,000. Most banks won't help you if you're under 680.
2) "Once you file bankruptcy you'll NEVER get funded again, or at best, not for 10 years".
The truth is, with business funding, it's a whole different animal. While all banks will decline you, there are those business lenders that will fund you.
A1 Financial USA funded a merchant $10,000 just 1 week out of bankruptcy.
3) "Once you default on business funding you'll NEVER get funded again...period." FALSE.
The truth is, most business lenders will decline you, but there are those high risk "default" business lenders that will fund you.
A1 Financial USA has funded numerous previous defaulters.
4) "The more accounts I have the better"
You "water down" the "strength" of your borrowing ability by using more than one account.
Proof : Every day we tell our clients this, it's
"common knowledge" in the lending world.
5) "It's better to work with a direct lender than a broker".
Imagine you were told it was better to always
shop at only one store, never anywhere else.
Horrible right? You'd be limited to that one store's prices and products.
A1 Financial USA does the shopping for you,
with our 33 years experience, we've accumulated 900+ lenders including 7 private billionaire investors. When you submit to us,
these folksD receive a email with your stats.
Without running your credit,
you get the benefit of 900+ lenders seeing your file and "bidding" on it, so you get the best offer possible, with only 3 "soft" pulls the top 3 take.
6) "I bounced some checks last month, I can't get funding" .
A1 funded a business $13,000 that bounced 11 checks totaling $60,000 the month before!
7) "I must have 3 months of business checking
statements BARE MINIMUM."
Answer & Proof