A: An underwriter will call you (usually within an hour) and ask your permission to conduct a soft pull on your credit so they can view you FICO scores and other details. This is done to prevent an unnecessary hard inquiry on your reports, which will lower your FICO scores.
A: No, the underwriters conduct a soft pull on your credit. Soft inquiries do not lower your FICO scores.
A: No, the loans will only appear on your Business Credit report, not the personal credit report of the guarantor.
A: If you are approved during the pre-qualification, funding is guaranteed.
A: You or someone in your company must guarantee the performance of the corporation. Whoever you select as the guarantor must have at least 680+ FICO scores on all three bureaus in order to obtain the maximum funding.
A: The maximum funding is $250,000 per business.
A: Funding time is 3 weeks from start to finish.
A: Yes we do, but the maximum funding available is $75,000.
A: The funding we facilitate is unsecured, therefore it is necessary for someone in your business to guarantee the loans will be repaid. The loans will not appear on your personal credit, only the business credit profile.
You or whoever you select as Guarantor must have at least 680+ FICO scores on all three credit bureaus in order to be approved for funding.