Frequently Asked Questions (FAQ)

• What type of Business funding do you offer?
  • We have access to all types of Business Funding programs. From New Business, or Business Expansion Funding to Raising Capital in public markets and everything in between.

• How does your Business in a Box program work?
  • Our Business in a Box is a turnkey eCommerce program geared to generating you real income, as well as significant revenue. Businesses that can show high monthly revenue have a much better chance of obtaining more business funding, faster.

• What is the Business in a Box program? What’s included?
  • Our Business in a Box program was developed as a point of entry for average people to be able to earn income online. By tearing down the barriers of entry that stop most people from making money online the Business in a Box program works for everyone.

• Does the Business in a Box program come with any guarantees?
  • We’re so confident in the success our advertisers will put up the capital needed to drive traffic to your site!
    • Cutting edge creates
    • In-depth Analytics, CRM, virtual gateway and more!
    • Guaranteed $5,000 monthly merchant processing
    • Continued online educational material
    • Development, storage and shipping of your white label product

• Does the business have to have assets to get funding?
  • No, while we do have lenders who do Asset Based Lending the vast majority of our funding programs are Unsecured Business Loans and Lines of Credit.  If you’re looking to upgrade or purchase equipment for your business we have great solutions for you.

• What if I don’t have a PAYDEX score? – How do you get funding for businesses that don’t have Business Credit or PAYDEX score?
• • One of the components of our Business Credit program is getting your company registered with D&B and building your PAYDEX score. For new businesses, or businesses that don’t have a PAYDEX score over 70 we generally start by using a PG. (Personal Guarantor) After the 3rd or 4th round of funding we can generally get Unsecured Business Lines of Credit based solely on the businesses credit and PAYDEX score. And the loan amounts grow with each round of funding we get!
• How long does it take to get funding?
• • We understand the need businesses have for quick capital and have assembled the best business lending groups around the world to meet the need for fast capital. Now every situation is different, so the turnaround time and amount varies especially in the first few rounds of funding. We have clients who’ve been pre-approved for 6 figures within 2 business days but that’s because their credit profile was ready. Generally we’ll have to work on fixing or improving the credit profile before applying. The good news is that everyone involved wants approval with automated underwriting, it’s our job to get you ready for that, we’re happy to say that over 80% of our applications do get approved through automated underwriting alone.

• What bank provides your funding? Do you provide funding directly?
  • We work with a very large network of banks, private capital groups, aggregates and other lenders. In total, our network includes over 500 different lenders and 1000’s of lending programs.

• Do you provide funding to new businesses?
  • Yes, we have several programs designed especially for start-up businesses.

• Does your Business Funding require a personal guarantor?
  • It depends on your businesses credit and PAYDEX score. Generally a PG (Personal Guarantor) is required on the first few rounds of funding, that allows you to get access to the funds you need quickly while we set up and build your PAYDEX score. We’ll continue working with you to obtain as many rounds of funding you need so your business has plenty of capital.

• What is the difference of Automated Underwriting vs. Regular Underwriting?
  • Automated Underwriting can expedite the loan process significantly because it’s simply looking to see if the applicant’s Personal Credit Profile (PCP) matches up with the criteria of the loan program being applied for. Traditional Underwriting is a much more manual process that’s done by an individual working for the lender whose job is to assess the risk of each loan based upon the information they have available.

• What is the difference between Business Funding & Business Credit?
  • Business Funding is all about getting your business unsecured lines of credit, whereas Business Credit is geared toward building up your PAYDEX score and business credit profile.

• What interest do you charge? – Are there any fees when I’m approved?
  • There would be no way for me to give you an exact answer as we have access to 1000’s of funding programs and each one is structured differently. Many of the funding programs we have access to come with a 0% introductory rate for 6 months or more!

Biz Box & Funding Do’s & Don’ts:

• DO:
  • TAKE CONTROL OF THE CONVERSATION

• DO:
  • Ask the questions needed to will clarify their goals AND their needs.

• DO:
  • Make sure to clearly explain the services needed and order in which they need to happen in order to accomplish their goals and get the funding requested.

• DO:
  • Let the client know we get over 70% automated underwriting approval for the first round of Business Funding. And that the average about of Unsecured Business Funding is over $80,000!

• DO NOT:
  • Make ANY guarantees regarding an exact income, loan amount or timeframe for funding/revenue.

• DO NOT:
  • Make ANY guarantees for the amount of funding will be received, the length of time it will take to obtain those funds, how much income will be generated.