Business Funding 101

Business Funding is primarily revenue based or credit-based. For a business just starting, revenue-based lending is impossible. Therefore, the primary focus of this article is attracting 5 to 7 figures of funding WITHOUT documented business revenue. And, as you will see in the Aged Corp process, without credit score documentation either.

Personal Funding Works

There is a difference between business funding and funding you use for your business. If you simply want to use personal credit and are 650 FICO or stronger, then there are plenty of options which dont require income proof or even a business license. Moving on to programs that are specifically for those with a business license, we see that some educate you and give you a recipe for increasing the fundability of your company while others do it for you...

DIY or DFY?

To attract credit-based funding, you can strengthen your business credit profile and to in most cases your personal credit profile.

Strengthing a business credit profile can be done for you (DFY) or you can learn to do it yourself (DIY). If you want to learn the nuts and bolts and do it yourself, Marco Cabajo's system is the best I've found. The product speaks for itself and Marco Cabajo needs no introduction.

Another option for DIY funding is True Build Credit. It only costs $1,000 and 8-12 months to attract 50,000 in business credit with them... name any investment paying out 50x in 1 years time...

But, as a busy business owner myself, I doubt many busy business owners will take the time to do it themselves. So let's focus the remainder of this article on done-for-you approaches to credit building.

Done-for-You (DFY) Where Personal Credit Is Involved

In a done-for-you business funding option, it's done-for-you totally- no filling out forms, signing forms, etc. All you do is furnish some personal details once and let the funding agents do the rest. I will briefly outline the two best programs in this area.

  1.  Fund & Grow requires a 680 FICO minimum and they attract 250k of funding based on stated income (no income proof required).
  2. Fairmont's Financial Alchemy requires a 750 FICO score and proof of 80k annual income. The neat thing about this loan is that they put in writing that you do not have to pay back the loan. Why? Read and find out! If you can qualify for this, get it - 36 months of passive residual income, no need to pay back the loan. And then once this cycle completes, you do it again!

Done-for-You (DFY) Where Personal Credit  and Income Is *NOT* Involved

When I told my friend on Telegram that I had paid $6,200 up-front to attract 250k in LOC and 1MM in Real estate funding, this is what he said:

and understandably so. Most people offering this service do not have a track record or cannot attract large amounts of capital. The millionaire society that I am a part of has completed this process 94 times. There are very steep success fees on your funding at Aged Corp (30%) and a nominal referral fee of 2%. But if you have a high-yield back-end investment in mind, then it is worth it. What the process involves:

  1. We buy or use your 2-year old corporation
  2. We do a D&B buildout and add tradelines to your corp.
  3. We get you a business address and business 800 phone.
  4. You do what we say when the banks call.
  5. You get a 250k line of credit and 1MM for real estate.

You can contact Don Kerr at Low Rate Banks to learn more.