1- What exactly is an LLC and why do I need one for funding?
An LLC, or Limited Liability Company, separates your personal assets from your business liabilities, providing financial and legal protection. It’s required for funding because it establishes your business as a separate legal entity, which is crucial for entering into financial agreements and building credibility with lenders.
2- Can you explain why a new merchant processing account is necessary if I already have one? Creating a new merchant processing account under our management allows us to optimize transaction flows and volumes to meet specific lender criteria. This strategic approach helps strengthen your funding application by demonstrating a controlled and consistent cash flow, which is often a key factor in lending decisions.
3- How do you ensure the creation of transaction history is legal and ethical?
We partner with legitimate businesses to facilitate transactions that are real and verifiable. This practice is legal as it involves actual sales and services, ensuring that the transaction history reflects genuine business activities. We prioritize transparency and compliance with all financial regulations to maintain the integrity of your funding process.
4- What if my credit score is low? Can I still receive funding?
Yes, a low credit score does not automatically disqualify you. Our unique funding strategies, including building a solid transaction history through a new merchant account, are designed to enhance your profile. We also provide guidance on improving your credit score throughout the process.
5- How long does it take to set up everything and receive funding?
The setup for an LLC, website, and merchant processing account typically takes a few weeks, followed by a 6-8 week period to establish a sufficient transaction history. Once everything is in place, applying for funding with our hand-picked lenders can be completed quickly, depending on your readiness and the specific lending criteria.
6- Are there any hidden fees I should be aware of?
There are no hidden fees in our process. We are upfront about all costs, which include a one-time fee for website creation (if needed) and LLC registration. Our success fee is only charged when we successfully secure funding for you.
7- How much funding can I expect to secure through your services?
The amount of funding varies based on several factors including the business model, financial health, and the transaction history we help establish. While we aim to secure up to $250,000, the actual amount can be more or less, tailored to your business’s capabilities and needs.
8- What happens if I’m not approved for funding after all the preparations?
While we aim to maximize your chances of approval, if funding is not secured, we will reevaluate the strategy and make necessary adjustments. Our goal is continuous support, and we will work with you to explore alternative options or further strengthen your application.
9 – Can I choose the businesses that will help create my transaction history?
We select partner businesses based on their ability to provide consistent and legitimate transactions. However, we welcome your input if you have preferred businesses or specific types of transactions in mind, as long as they meet our criteria for legitimacy and effectiveness.
10 – How do you protect my business and personal information throughout this process?
Your privacy and security are our top priorities. We adhere to strict data protection regulations and use secure methods to handle and store all personal and business information. Only authorized personnel have access to your data, which is used solely for the purpose of securing funding.
