top of page
Business Team
latter logo_logo-01 (1) (1).png

Client Enrollment

What does your client get with our innovative successful program?

Lender Compliance  

There are 20 items of lender compliance that will get your clients business viewed as a high risk of default if not completed. We will walk your client through all the right steps to ensure they clean up their business credibility to  so that they don't get declined due to discrepancies:

​

  1. Not having a business entity either LLC or INC.

  2. Operating from a non-business location (Home or PO Box)

  3. Operating solely from a listed cell phone number.

  4. Operating from a free email account, @gmail, yahoo, etc.

  5. Not having a business website and local directory listings.

  6. Not having open business credit reporting files with all 3 agencies.

  7. And 14 more items that are easily and often overlooked.

Corp only Financing 

We help your clients secure true business only bank & cash credit card financing their business must have and maintain: 

​

  1. At least 10 reporting business credit trade-lines.

  2. Business credit scores of 70 or above with all three agencies.

  3. All twenty (20) items of Lender Compliance completed.

  4. A minimum business Bank Account Rating of a “Low 5”.

  5. Established comparable credit to the amount requested.

  6. A business entity type LLC or Inc, not sole prop or partner.

  7. A verifiable business presence; local, national and 411.

Business Credit Building 

Your clients business needs to have 70 or higher scores with all three major business credit reporting agencies. To do this we will walk them through this process to make sure that their business: 

​

  1. Is listed correctly with all 3 major agencies.

  2. Has at least 10 credit reporting trade-lines.

  3. Has at least 3 credit reporting revolving accounts.

  4. Has at least 2 credit reporting installment accounts.

  5. Pays all its credit accounts at least 10 days before due.

  6. Verifies that all creditors are reporting on legal name.

  7. Has all 20 items of lender compliance completed.

Obtaining Cash Type Business Credit Cards 

When your client is seeking cash type business credit cards (Visa, Mastercard, Discover, Amex) it is important to realize that these will be personally guaranteed by the business owners and as such based mainly on the business owner’s personal credit. The general approval guidelines for business credit cards are: 

​

  1. FICO 8 credit scores generally in the 700 and up range.

  2. Having at least one aged revolving account of $5,000 or more.

  3. Having revolving balance to limit of no more than 45% per account.

  4. Having a stated income of at least $50,000/yr ($150,000+/yr optimal).

  5. Having a current debt to income ratio of no more than 40%.

  6. Having no more than 3 recent credit inquiries in last 90 days.

  7. Having no open lates, collections, judgments, or public records.

We will cover Key Elements on Business Financing 

Having ongoing access to business financing is all about attention to detail & maintaining in good order the things business lenders will look at for approval. Some of those key elements are:

 

  1. Having all 20 items of lender compliance completed at all times.

  2. Maintaining business credit scores with all 3 agencies at 70 or above.

  3. Keeping your business entity and EIN tax status in good standing.

  4. Maintaining your business presence with website, local listings, and 411.

  5. Obtaining and maintaining a minimum of 10 reporting credit trade-lines.

  6. Having the owner’s personal credit scores stay above 600 FICO 8.

  7. Keeping your business bank rating all times at a low 5 or higher.

Business Setup Assistance 

Most business owners do not setup their business correctly from the beginning with some of the first easy steps being: 

​

  1. Form and file a business entity either LLC or INC, never sole prop or partners.

  2. File for your federal EIN and all applicable local and state licenses.

  3. Open your business bank account with correct legal filed name.

  4. Have phones, emails, and physical address that are business not personal.

  5. Create a business website and get linked on top 40 local directories and 411.

  6. Open business credit files with at least 10 credit reporting trade-lines.

  7. Pay bills early, maintain a low 5 bank rating, and create 70 or higher scores.

Your clients get all of these with our Corporate Credit Building Program –

A total value of $7,844

Screen Shot 2021-08-31 at 9.21.31 PM.png

Client Enrollment

997,00$Precio
bottom of page